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    183 Main St Mexico, ME 04257

    For Sale
    $130,000

    MULTI_FAMILY - Other - Mexico, ME

    Property size:
    2,162 SF
    Lot size:
    0.12 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 183 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    DC
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Basement
    Full, Unfinished
    Size
    2,162 SF
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1920
    Number of units
    2
    Flooring type
    Tile, Vinyl
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other

    Keller Williams Realty (207) 879-9800 [email protected]

    Listing agent Tyler Stewart (207) 879-9800

    Listing date Oct 8, 2025

    MLS# 1628523 Listing URL

    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

    Occupied Duplex with Income Potential

    This fully occupied duplex is located in a prime Main Street location. The property includes two residential units of considerable size. An unfinished attic space presents the potential for conversion into a third unit, offering a value-add opportunity for investors; verification with the town is recommended. One of the existing units is currently rented below market value, suggesting potential for increased cash flow. Detached garage spaces contribute additional monthly income, enhancing overall returns. This property offers the chance to increase value through strategic improvements and rental optimization.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexico
    County
    Oxford
    State
    Maine
    Longitude
    -70.538999
    Latitude
    44.554916

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    FAQs

    What type of property is this?
    Duplex - Duplex in prime location with value-add and income opportunities.
    Where is this duplex located?
    The property is located at 183 Main St Mexico, ME.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Prime Main Street location.; - Fully occupied duplex providing immediate rental income.; - Unfinished attic space with potential for conversion to a third unit (buyer to verify).
    (207) 879-9800
    Request Owner's contact information
    183 Main St Mexico, ME 04257
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    Mexico, ME 04257
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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
    183 Main St Mexico, ME 04257
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