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    102 Manning Dr West Gardiner, ME 04345

    For Sale
    $999,000

    MULTI_FAMILY - West Gardiner, ME

    Property size:
    5,461 SF
    Lot size:
    11.81 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 102 Manning Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RC
    Parking features
    Off Street
    Size
    5,461 SF
    Lot size
    11.81 Acres

    Utilities

    Sewer type
    Septic Tank, Private Sewer
    Heating system
    Baseboard, Hot Water(Heating)
    Water source
    Private, Well

    Building Details

    Year built
    1965
    Number of units
    6
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle

    Maine Real Estate Experts (207) 642-2100 [email protected]

    Listing agent Cindy Dan (207) 894-5722

    Listing date Oct 29, 2025

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Multi-Unit Ranch Complex

    Located at the end of a quiet, private road, this six-unit ranch-style complex offers 1121 feet of waterfront on Cobbosseecontee Stream. Situated on 11.81 acres of landscaped, wooded land, the property is minutes from I-295 and downtown Gardiner. Each single-level entry unit has been thoughtfully built over the past 50 years. Four units have been remodeled in the past year and include a new washer/dryer and new stainless steel appliances. The property includes a detached 2-car garage, ample parking, and a studio shed at the water's edge. Part of a road association with low annual fees, this property offers consistent rental income with a strong tenant history. The property is zoned RC. The property size is 5461 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Auto Repair Shop Department Store Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Gardiner
    County
    Kennebec
    State
    Maine
    Longitude
    -69.8923937
    Latitude
    44.2527588

    Nearby Similar for Sale

    • $999,000
      5,461 SF

      Waterfront Multi-Unit Ranch Complex

      Six-unit ranch complex with 1121 feet of waterfront on 11.81 acres.
      102 Manning Dr, West Gardiner, ME 04345
      View Details

    FAQs

    What type of property is this?
    Apartment building - Six-unit ranch complex with 1121 feet of waterfront.
    Where is this apartment building located?
    The property is located at 102 Manning Dr West Gardiner, ME.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Rare 6-unit ranch complex with **1121 feet of waterfront on Cobbosseecontee Stream**.; - 11.81± acres of landscaped, wooded land on a private road, minutes from I-295 and downtown Gardiner.; - Four units recently remodeled with **new washer/dryers and stainless steel appliances**.
    (207) 894-5722
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Manning Dr West Gardiner, ME 04345
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