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    Sanford, ME Apartment Buildings for Sale

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    North Berwick, ME Alfred, ME Lyman, ME Wells, ME Kennebunk, ME Lebanon, ME Shapleigh, ME Berwick, ME
    Mixed-Use Investment Opportunity
    Updated: Feb 4
    Mixed-Use Investment Opportunity

    446 Main St, Sanford, ME 04083

    $479,900
    4,048 sqft
    Fully leased commercial space (restaurant) and two 3‑bedroom apartments provide immediate, reliable income.
    Prime downtown location in Springvale, ME offers high visibility and desirability.
    Turnkey investment opportunity requiring no immediate renovations or tenant acquisition.
    Well‑maintained building ensures reduced maintenance costs and long‑term value.
    Strong and steady income from established tenants.
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    Turnkey 6-Unit Multifamily Property
    Updated: Jul 20
    Turnkey 6-Unit Multifamily Property

    42 Spruce St, Sanford, ME 04073

    $675,000
    Turnkey 6‑unit multifamily property with one studio, one 1‑bedroom, and four 2‑bedroom units
    All units have been renovated and are separately metered for electric
    Recent improvements include new roof, vinyl siding, and decks (2025)
    Opportunity to add three additional bedrooms in the attic space if egress is installed—confirm with City of Sanford
    Investment metrics: $675,000 sale price; $112,500 per unit; 8.30% cap rate
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Waterfront Mixed-Use Investment Building
    Waterfront Mixed-Use Investment Building

    552 White Mountain Highway, Milton, NH 03851

    $599,000
    6,618 sqft 0.11 AC lot

    Mixed-use building with residential units and a commercial unit, separate utilities, and coin-op laundry hookups.

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    Renovated Multifamily Apartment Building
    Renovated Multifamily Apartment Building

    545 & 547 White Mountain Highway, Milton, NH 03851

    $1,149,900
    5,237 sqft

    Renovated apartment building with updated roofs, newer windows, two new heating systems, and unit upgrades including in-unit washer/dryer hookups.

    View details
    Gutted Mixed-Use Building with Parking
    Gutted Mixed-Use Building with Parking

    25 High Street, Somersworth, NH 03878

    $375,000
    3,640 sqft 0.29 AC lot

    Gutted downtown building with proposed mixed-use layout, including off-street parking and ground-level retail/commercial space.

    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

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    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

    Value Estimation by Request
    2,442 sqft
    View details
    51 Tanguay St
    Multifamily properties

    51 Tanguay St, Sanford, ME 04073

    Value Estimation by Request
    3,474 sqft
    View details

    Sanford, ME Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Sanford, ME on our real estate platform. These investment opportunities span a total of 4,048 square feet of properties for sale, with an estimated market value of $479,900.

    Sale prices for two-family homes in Sanford, ME start at $479,900, averaging $479,900, and reaching up to $479,900 — 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
    Springvale - 04083 $489.9K

    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)

    Property Size Breakdown

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

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