Under $500K Investment Properties for Sale in Auburn, ME


151- 3 Bed
- 2 Bath
- 1938 sft


284- 4 Bed
- 3 Bath
- 2249 sft


778- 6 Bed
- 4 Bath
- 2832 sft


356- 3 Bed
- 2 Bath
- 1344 sft
Why Invest in Auburn, Maine?
Discover investment properties under $500K in Auburn, ME, offering accessible entry into a stable rental market. Properties here deliver solid **rental yields** around 7-8% with average rents supporting positive cash flow. **Cap rates** hover at 6-7%, bolstered by steady appreciation of 3-4% annually. Renter-occupied units exceed 40%, ensuring reliable demand in this growing community. Low entry costs make it ideal for house hacking or portfolio expansion.
Frequently Asked Questions
Auburn offers single-family homes, duplexes, and small multifamily units under $500K, ideal for rentals or house hacking. Many feature updates like granite counters and garages. Inventory includes about 30-40 listings at any time.
Find Your Perfect Investment Property in Auburn, Maine
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