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6-Unit Apartment Property
For Sale
$650,000

1055 Middle Road, Warren, ME 04864

Rural-zoned acreage includes two residential buildings and a garage for storage or workshop use.

Property Size1,672 SF
Lot Size20.00 Acres
Price / SF$388.76
Days on Market144

Property Features for 1055 Middle Road

General Information

Standard status Active
Size 1,672 SF
Lot size 20.00 Acres
Property subtype Multi Family Home
Zoning Rural
Occupancy 100%

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units 6
Individually Metered Utilities unspecified utilities

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,710

Amenities

large garage

Building Details

Building Size 1,672 SF
Year Built 1972
Buildings 2
Stories 1
Units 6
Listing Agency: ERA Dawson-Bradford Co.
Listed By: Jaime Connell
Source: Amerorealty
Added: Jun 11 Changed: Oct 31 Last Checked: Oct 31 at 2:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA Dawson-Bradford Co.

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Investment Insights

Based on property information with market context.

Two residential buildings comprise this 6-unit apartment property on 20 acres. The unit mix includes one 3-bedroom, 2-bath residence, one 2-bedroom, 1-bath residence, and four 1-bedroom, 1-bath residences. The property also includes a 3-bedroom, 2-bath Cape-style home. Each unit has separate utility metering and a Rinnai heater. A large garage provides storage or workshop space. The property was built in 1972 and has 1,672 square feet of property size.

Updates include replacement carpeting, newer windows, electrical and plumbing improvements, a shingle roof on the main house installed in 2018, and a rear-building roof installed in 2023. The property is fully occupied and has a history of rentals. Rural zoning applies; any additional development would be subject to local approvals.

Key Highlights

  • 6 units across two residential buildings
  • 20‑acre property with Rural zoning
  • Unit mix: one 3‑bedroom, 2‑bath; one 2‑bedroom, 1‑bath; four 1‑bedroom, 1‑bath

Property Analytics

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Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 04864, ME

4,865
Population
1,876
Households
2.6
Avg Household Size
43
Median Age
19%
College-Educated
95%
High-School Grad
46.5 sq mi
ZIP Area
105
Density / Sq Mi
$77,321
Median Household Income
$35,414
Median Earnings
$1,058
Median Rent
$215,500
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Rural-zoned acreage includes two residential buildings and a garage for storage or workshop use.
Where is this apartment building located?
The property is located at 1055 Middle Road Warren, ME.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 6 units across two residential buildings; 20‑acre property with Rural zoning; Unit mix: one 3‑bedroom, 2‑bath; one 2‑bedroom, 1‑bath; four 1‑bedroom, 1‑bath
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