Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    916 Main St Old Town, ME 04468

    For Sale
    $317,500

    MULTI_FAMILY - Contemporary - Old Town, ME

    Property size:
    1,500 SF
    Lot size:
    0.14 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for 916 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Bathroom 2, Bathroom 1
    Size
    1,500 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Wood Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Contemporary

    ERA Dawson Bradford Co., Realtors (207) 947-6788 [email protected]

    Listing agent Augustine Ofili (207) 947-6788

    Listing date Nov 6, 2025

    MLS# 1639805 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

    Rehabbed Duplex Near University of Maine

    Located at 916 Main Street in Old Town, ME, this fully rehabbed duplex offers modern living just minutes from campus. The property has been taken down to the studs and thoughtfully reconstructed, combining efficiency, comfort, and convenience. It is suitable for both student rentals or long-term tenants. Each unit features a smart layout with updated kitchens, stylish baths, and fresh finishes throughout. Spray foam insulation and electric baseboard heating provide year-round comfort while keeping utility costs low. Both units have private entrances for added privacy and independence. Tenants are responsible for their own electricity. Public water, sewer, and trash services are included. The property is an excellent investment opportunity in a high-demand rental market due to its location within a short commute to the University of Maine. The property size is 1500 square feet and the lot size is 0.14 acres. The zoning is residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Auto Parts Store Kitchen & Bath Accounting Firm Electrical Service Car Rental Daycare Center Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Old Town
    County
    Penobscot
    State
    Maine
    Longitude
    -68.639446
    Latitude
    44.913225

    Nearby Similar for Sale

    • $348,000
      5,510 SF

      Historic Farmhouse Near Stillwater River

      Grand 5,500 sq. ft. farmhouse near University of Maine.
      1024 Stillwater Ave, Old Town, ME 04468
      View Details
    • New
      $900,000
      26,109 SF

      Versatile Office Space in Old Town

      Adaptable office property suitable for various professional businesses.
      136 Center St, Old Town, ME 04468
      View Details
    • $475,000
      0.49 Acres

      Commercially Zoned Building with Apartments

      Main Street commercial space with two apartments and four-car garage.
      399 Main St, Old Town, ME 04468
      View Details

    FAQs

    What type of property is this?
    Duplex - Modern duplex near campus, ideal for rentals or long-term tenants.
    Where is this duplex located?
    The property is located at 916 Main St Old Town, ME.
    What is the asking price?
    The asking price for this property is $317,500.
    What are key features of this property?
    This property features: - Fully rehabbed duplex, modernized and reconstructed.; - Ideal location, short commute to the University of Maine.; - Excellent investment opportunity in a high-demand rental market.
    (207) 947-6788
    Request Owner's contact information
    916 Main St Old Town, ME 04468
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    916 Main St
    Old Town, ME 04468
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    916 Main St Old Town, ME 04468
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.