Apartment Building

Farmington, ME Apartment Buildings for Sale

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5-Unit Apartment Building
Updated: Sep 20
5-Unit Apartment Building

165 Middle Street, Farmington, ME 04938

$249,000
3,493 sqft 0.38 AC lot
Five existing units in 3,493 square feet
0.38‑acre site with potential for a sixth unit, subject to city approval
Built in 1900; wood‑frame construction, wood siding, and metal roof
Oil‑fired hot‑water baseboard heating, public water, and public sewer
Vacant and offered as‑is, with no seller improvements
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5-Unit Short-Term Rental Property
Updated: Sep 30
5-Unit Short-Term Rental Property

454 Fairbanks Road, Farmington, ME 04938

$649,000
6,500 sqft
Five units: three two‑bedroom, one three‑bedroom, and one four‑bedroom
6,500 square feet across all buildings and units; built in 1900
40‑by‑30‑foot gym with climbing wall, basketball hoops, heating, and cooling
Barn, one‑car garage, two‑car carport, and lean‑to
Paved driveway parking and backyard
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2 active listings match your search: Apartment Building for sale in Farmington, ME. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

767 River Road, Mexico, ME 04257

$675,000
4,740 sqft 2.57 AC lot

Victorian property combines residential units with office space and several adaptable auxiliary areas.

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32-Unit Apartment Development
32-Unit Apartment Development

1 Highland Avenue, Livermore Falls, ME 04254

$750,000
36,608 sqft 1.32 AC lot

Approved redevelopment plans provide a multifamily housing concept with public water, public sewer, parking, and shared amenity areas.

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32-Unit Apartment Building
32-Unit Apartment Building

1 Highland Avenue, Livermore Falls, ME 04254

$750,000
36,608 sqft 1.32 AC lot

Approved redevelopment plan with varied apartment layouts, shared amenities, public utilities, and on-site parking.

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Mixed-Use Property With Apartments
Mixed-Use Property With Apartments

767 River Road, Mexico, ME 04257

$675,000
3,726 sqft 2.57 AC lot

Five apartments are paired with office, event, and detached studio space.

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Farmington, ME Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Farmington, ME on our real estate platform. These investment opportunities span a total of 9,993 square feet of properties for sale, with an estimated market value of $898,000.

Sale prices for apartment complexes in Farmington, ME start at $249,000, averaging $449,000, and reaching up to $649,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 10K
Population Growth (5Y) +5.2%
Median Household Income $54,281
College Educated 45.6%

High-Yield Neighborhoods for Investment

Identify Farmington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04938 $382.3K

Taxes & Financing

Tax Rate (average for all types) 1.99%
Property Tax per SF $48.82 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

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