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11-Unit Apartment Building
For Sale
$385,000

23 Main Street, Limestone, ME 04750

Multi-Family, Limestone, ME

Property Size8,704 SF
Lot Size0.20 Acres
Price / SF$44.23
Days on Market154

Property Features for 23 Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bathrooms 11
Full bathrooms 11
Rooms Bathroom 4, Bathroom 11, Basement, Bathroom 3, Bathroom 6, Bathroom 9, Bathroom 1, Bathroom 10, Bathroom 2, Bathroom 7, Bathroom 5, Bathroom 8
Patio and Porch features Porch, Deck
Basement Unfinished
Lot features Rolling/ Sloping, Open, Corner Lot, Level, Sidewalks, Intown
Standard status Active
Size 8,704 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4543

Utilities

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

Building Details

Floors in Building 2
Number of units 11
Flooring type Wood, Laminate, Vinyl, Carpet
Building materials Wood Frame, Vinyl Siding, Wood Siding
Roof type Metal
Listing Agency: Dobbs Realty
Listed By: Frederick Dobbs
Added: Apr 4 Changed: Sep 3 Last Checked: Sep 4 at 7:06PM
MLS# 1650349

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8,704-square-foot apartment property sits on 0.2 acres and includes 11 rental units. The wood-frame structure features wood and vinyl siding, a metal roof, and a mix of wood, laminate, vinyl, and carpet flooring. Heating is provided through hot water, propane, and baseboard systems. Porches and decks add exterior amenity space.

The property is located at 23 Main Street in Limestone, near the Loring Commerce Centre. Public water and public sewer serve the building. A basement is included, along with 11 bathrooms distributed throughout the property.

Key Highlights

  • 11 rental units
  • 8,704 square feet on 0.2 acres
  • Located near the Loring Commerce Centre

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Auto Parts Store Hair Salon Big Box & Wholesale Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 04750, ME

1,817
Population
1,033
Households
1.8
Avg Household Size
48
Median Age
18%
College-Educated
90%
High-School Grad
78.4 sq mi
ZIP Area
23
Density / Sq Mi
$43,750
Median Household Income
$33,462
Median Earnings
$781
Median Rent
$93,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Wood-frame property near the Loring Commerce Centre includes public water and sewer.
Where is this apartment building located?
The property is located at 23 Main Street Limestone, ME.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 11 rental units; 8,704 square feet on 0.2 acres; Located near the Loring Commerce Centre
More about this property
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