Buying In Auburn, ME
Sell Your Commercial Property In Auburn, ME
Own a commercial apartment building of five or more units in Auburn? We purchase multifamily properties around Downtown Auburn, New Auburn, and the rest of Androscoggin County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Downtown Auburn · New Auburn · Lewiston · Minot — Androscoggin County, ME
Market Snapshot
Renter Demand In Auburn
Auburn, Maine has 24,602 residents in ACS 2020-2024, and renters occupy 40.9 percent of its homes. Rental vacancy is 1.3 percent, and the median gross rent is $1,041 a month. Owners who want to sell commercial property in Auburn, ME also face a FY2027 tax rate of $24.50 per $1,000.
Auburn holds 1,772 homes in buildings of five or more units, and 73.8 percent of its homes predate 1980. Demand draws on St. Mary's Medical Center and Bates College across the river in Lewiston. HUD's FY2027 two-bedroom fair market rent for the Lewiston-Auburn MSA is $1,677. Skyline Capital Investments buys 5+ unit buildings, so owners can sell multifamily property in Auburn directly.
Hospital jobs in Lewiston
St. Mary's Health System runs St. Mary's Medical Center, a 233-bed acute care hospital at 93 Campus Avenue in neighboring Lewiston.Bates College in Lewiston
Bates College in Lewiston counted 1,736 students on October 1, 2025, and 813 faculty and staff employees, per Bates Facts 2025-2026.Regional commuter base
ACS 2020-2024 table B08007 counts 2,537 Auburn workers, 22.2 percent of 11,405, commuting to jobs in another Maine county.Our Buy Box
What We Buy In Auburn
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Auburn Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Auburn
Renters occupy 40.9 percent of Auburn's occupied homes, 4,224 of 10,337, in ACS 2020-2024 tenure data. Maine's renter share is 25.7 percent in the state tenure table.
Auburn has 1,772 homes in buildings of five or more units, 15.9 percent of 11,136 housing units, per ACS table B25024. Another 2,940 Auburn homes sit in two- to four-unit buildings.
Auburn's median home was built in 1954, per ACS 2020-2024. Some 73.8 percent of homes predate 1980 in the year-built table. Median household income is $66,647 in the Auburn income table.
Demand also crosses the Androscoggin River from Lewiston. St. Mary's Medical Center there is a 233-bed acute care hospital, per St. Mary's Health System. Bates College counted 1,736 students on October 1, 2025, in Bates Facts 2025-2026.
Rents and affordability in Auburn
Auburn's median gross rent is $1,041 a month in ACS 2020-2024. Maine's median is $1,139 in the state rent table. Annualized, Auburn's median rent equals 18.7 percent of median household income.
Rental vacancy in Auburn is 1.3 percent in ACS profile table DP04. The Maine rate is 4.2 percent in the state profile.
HUD's FY2027 two-bedroom fair market rent for the Lewiston-Auburn, ME MSA is $1,677, effective October 1, 2026, per HUD fair market rents. That sits $636 above Auburn's median gross rent.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,210 |
| One bedroom | $1,282 |
| Two bedroom | $1,677 |
| Three bedroom | $2,119 |
| Four bedroom | $2,459 |
In Auburn, 51.5 percent of renter households spend 30 percent or more of income on rent, per ACS table B25070. Some 21.2 percent spend half or more.
Property taxes in Androscoggin County
Auburn's FY2027 tax rate is $24.50 per $1,000 of assessed value, per the Auburn Assessing Division. The tax was committed on July 13, 2026, for the fiscal year ending June 30, 2027, per Auburn's annual tax information.
On a $2,000,000 assessment, $24.50 per $1,000 produces $49,000 a year. Auburn's state certified ratio is 73 percent. At that ratio, a $2,000,000 market value carries a $1,460,000 assessment and $35,770 in tax.
Abatement requests are due within 185 days of commitment under 36 M.R.S. section 841. Auburn's Assessing Division has also announced an upcoming citywide revaluation. Owners who plan to sell commercial real estate in Auburn, ME should expect buyers to ask about it.
Maine's transfer tax under 36 M.R.S. section 4641-A is $2.20 per $500 of value. Transfers since November 1, 2025 add $3.80 per $500 above $1,000,000, per Maine Revenue Services. A $2,000,000 sale owes $16,400, split $8,200 each between seller and buyer. Anyone who wants to sell commercial property in Auburn, ME should net that cost out early.
Landlord rules in Auburn
Maine caps residential security deposits at two months' rent under 14 M.R.S. section 6032. Under section 6033, deposits go back within the lease's stated time, up to 30 days, or 21 days after a tenancy at will ends.
A tenancy at will ends on at least 30 days' written notice under 14 M.R.S. section 6002. A tenant 7 or more days in arrears on rent may receive 7 days' written notice under the same section.
What it means for an Auburn owner
Auburn pairs 1.3 percent rental vacancy with a $1,041 median rent and a $1,677 HUD two-bedroom benchmark. Buyers will test that $636 gap against your rent roll. They will also see that 51.5 percent of Auburn renter households pay 30 percent or more of income on rent.
Before you sell commercial property in Auburn, ME, gather the FY2027 tax bill, the assessment card and repair records. Older buildings draw closer inspection, since 73.8 percent of Auburn homes predate 1980.
Skyline Capital Investments buys apartment buildings with five or more units. To sell your apartment building in Auburn, start with our cap rate calculator and the steps to sell my apartment building.
Good To Know
Auburn Seller Checklist
More about selling in Maine →Investing in Auburn? See apartment syndications in Auburn →
- Auburn's FY2027 rate of $24.50 per $1,000 puts $49,000 a year on a $2,000,000 assessment.
- Owners preparing to sell commercial real estate in Auburn, ME should have answers on the coming revaluation ready.
- To sell your apartment building in Auburn, document repairs: 73.8 percent of Auburn homes were built before 1980.
Seller Guides
Selling In Auburn? Common Situations We Handle
Learn More
Taxes & Rules For Auburn Property
The Maine rules that shape any deal in Auburn: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Auburn Seller FAQ
What should I know before I sell commercial property in Auburn, ME?
Buyers start with Auburn's 1.3 percent rental vacancy, 40.9 percent renter share and $1,041 median gross rent from ACS 2020-2024. They then test taxes against the FY2027 rate of $24.50 per $1,000. Have the rent roll, tax bill, assessment card and repair records ready before you list.
How much property tax does a $2,000,000 apartment building pay in Auburn?
At Auburn's FY2027 rate of $24.50 per $1,000, a $2,000,000 assessment owes $49,000 a year. Auburn's state certified ratio is 73 percent, so a $2,000,000 market value assessed at that ratio owes $35,770. Abatement requests are due within 185 days of the July 13, 2026 commitment.
How do I sell commercial real estate in Auburn, ME with a revaluation coming?
Auburn's Assessing Division has announced an upcoming citywide revaluation. Give buyers the current assessment, the FY2027 tax bill and your income and expense history. Since 73.8 percent of Auburn homes predate 1980, capital and repair records also help a buyer judge the building's condition and price it with confidence.
How much transfer tax is due when selling an apartment building in Auburn?
Maine charges $2.20 per $500 of value under 36 M.R.S. section 4641-A. Transfers since November 1, 2025 add $3.80 per $500 above $1,000,000. A $2,000,000 sale owes $16,400 in total. Anyone selling commercial property in Auburn splits that evenly with the buyer, so each side pays $8,200.
What are Maine's security deposit and notice rules for Auburn landlords?
Maine caps a residential deposit at two months' rent under 14 M.R.S. section 6032. Deposits go back within the lease's stated time, up to 30 days, or 21 days after a tenancy at will ends. A tenancy at will needs 30 days' written notice, and rent 7 or more days late allows 7 days' notice.
Will you buy a Auburn property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Auburn apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Who buys occupied rental property in Auburn?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
What do I need to sell my apartment building in Auburn?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Get An Offer Review In Auburn
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
