50 Myrtle Street

Westbrook ME 04092

3537 sq. ft.

14810.4 sq. ft.

Multi-Family

Last sold for $805,000

Joshua Plowman, last sold this property on 10 November 2025 after -297 days on market.

Overview

A fantastic investment opportunity in the heart of Westbrook! This fully rented 4-unit property features three 2-bedroom units and one 1-bedroom unit, bringing in a solid monthly income of $7,400. Rents are $2,000, $2,000, $1,900, and $1,500. The property has plenty of off-street parking, and access to a large side yard—a rare bonus for multifamily living. Public water and sewer are connected. Located just minutes from downtown Westbrook, with easy access to shops, restaurants, the riverwalk, and I-95, this property sits in a high-demand rental area with strong long-term upside. Whether you're expanding your portfolio or looking for a low-maintenance, income-generating property, 50-52 Myrtle Street is worth a closer look

Features

4 bathrooms

3537 sq. ft. floor area

14810.4 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Westbrook over the last 12 months, the estimated median property value of 50 Myrtle Street is $590k.

Median value

$590k

Estimated value range

$120k - $1.07m

Median days on market

Estimated value trend

-12%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Westbrook. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 50 Myrtle Street

2025

Sold

$805,000

10 Nov 2025 by Joshua Plowman, of Plowman Realty Group

2021

Sold

$598,000

12 Feb 2021 by Elizabeth Marks, of The Real Estate Store

Happy sellers in Westbrook

We have insufficient information to provide an overview of customer satisfaction for Westbrook. Viewing the agent profiles, reviews and sales for Westbrook can provide insights for this location.