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Five-Unit Apartment Building
For Sale
$275,000

6 Exchange Street, Ashland, ME 04732

Multi-Family, Ashland, ME

Property Size3,636 SF
Lot Size0.63 Acres
Price / SF$75.63
Days on Market154

Property Features for 6 Exchange Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1
Parking features Off Street
Basement Partial, Unfinished, Crawl Space
Lot features Rolling/ Sloping, Open, Intown, Neighborhood
Standard status Active
Size 3,636 SF
Lot size 0.63 Acres

Taxes and HOA fees

Tax Year 2021
Tax Annual Amount 4153

Utilities

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

Building Details

Year built 1852
Number of units 5
Flooring type Laminate, Wood, Composition, Vinyl
Building materials Wood Frame, Brick
Roof type Metal, Shingle
Architectural style Other
Listing Agency: Dobbs Realty
Listed By: Frederick Dobbs
Added: Apr 4 Changed: Sep 3 Last Checked: Sep 4 at 12:06PM
MLS# 1615429

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 five-unit apartment property contains 3,636 square feet on a 0.63-acre parcel. Built in 1852, the building uses wood-frame and brick construction with laminate, wood, composition, and vinyl flooring across its interior spaces. The roof systems include metal and shingle materials.

Heating is provided by oil-fired, zoned hot-water baseboard systems. Residents have access to off-street parking, while the property is served by public water and public sewer. Located at 6 Exchange Street in Ashland, Maine, the property is designated Residential.

Key Highlights

  • Five‑unit apartment building with 3,636 square feet
  • Situated on a 0.63‑acre parcel
  • Built in 1852 with wood‑frame and brick construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Furniture & Home Goods (Bike/Boat/Book/etc) Store Dental Office

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby

Demographics for 04732, ME

1,506
Population
988
Households
1.5
Avg Household Size
50
Median Age
14%
College-Educated
90%
High-School Grad
267.2 sq mi
ZIP Area
6
Density / Sq Mi
$48,854
Median Household Income
$39,058
Median Earnings
$120,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Wood-frame property with off-street parking, public water and sewer, and Residential zoning.
Where is this apartment building located?
The property is located at 6 Exchange Street Ashland, ME.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Five‑unit apartment building with 3,636 square feet; Situated on a 0.63‑acre parcel; Built in 1852 with wood‑frame and brick construction
More about this property
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