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    Renovated 5-Unit Apartment Building
    Updated: Sep 19
    Renovated 5-Unit Apartment Building

    7 Mill Street, Sanford, ME 04083

    $1,350,000
    7,057 sqft 0.66 AC lot
    Five apartment units totaling 7,057 square feet
    0.66‑acre property in Sanford, Maine
    Five distinct floor plans, including a two‑story loft and vaulted‑ceiling residence
    Separately metered electric service and dedicated propane heat
    Public water and public sewer
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    See hot listings in Sanford

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Sanford, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Three-Story 8-Unit Apartment Building
    Three-Story 8-Unit Apartment Building

    12 Grondin Dr, Farmington, NH 03835

    $1,375,000
    10,800 sqft 0.69 AC lot

    Fully occupied 8-unit apartment building with separately metered electricity and on-site off-street parking.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    11 Orange St, Farmington, NH 03835

    $799,000
    3,248 sqft

    Mixed one- and two-bedroom unit layout with public water, sewer, and propane forced-air heat.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    4-10 Pemberton Ln, Somersworth, NH 03878

    $900,000
    5,529 sqft

    Five two-bedroom residences are fully leased and include a separate parking area for residents.

    View details
    Gutted Mixed-Use Building
    Gutted Mixed-Use Building

    25 High Street, Somersworth, NH 03878

    $375,000
    3,640 sqft

    Fully gutted mixed-use building with proposed space for multiple residential units plus ground-level retail/commercial.

    View details

    Off-Market Properties in Sanford, ME

    Consider similar Off-Market properties in Sanford, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    16 Railroad Ave
    Multifamily properties

    16 Railroad Ave, Sanford, ME 04083

    Estimated value: by Request
    2,442 sqft
    View details
    51 Tanguay St
    Multifamily properties

    51 Tanguay St, Sanford, ME 04073

    Estimated value: by Request
    3,474 sqft
    View details

    Sanford, ME Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Sanford, ME on our real estate platform. These investment opportunities span a total of 7,057 square feet of properties for sale, with an estimated market value of $1,350,000.

    Sale prices for apartment complexes in Sanford, ME average $1,350,000 — 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 17K
    Population Growth (5Y) +6.6%
    Median Household Income $69,135
    College Educated 26.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Sanford - 04073 $675K
    Springvale - 04083 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.54%
    Property Tax per SF $30.39 per SF
    Tax Rate vs County Average 0.35 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in York County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in York County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Sanford fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Featured Sanford Real Estate Agencies

    Realmo connects you with licensed Sanford CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Town Square Realty Group
    4 Washington St. Sanford, ME 04073
    Phone: (207) 324-2860
    www.townsquarerealtygroup.com
    Century 21 Samia Realty
    1137 Main Street Sanford, ME 04073
    Phone: (207) 324-4866
    www.c21samiarealty.com
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