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Brick Four-Unit Apartment Building
New
For Sale
$239,000

108 High St, Limestone, ME 04750

Well-maintained brick property offers two-bedroom layouts, interior access, and paved off-street parking.

Property Size3,465 SF
Price / SF$68.98
Days on Market7

Property Features for 108 High St

General Information

Standard status Active
Size 3,465 SF
Property subtype Multi-Family

Building Details

Year Built 1967
Listed By: Crown Lakes Realty
Source: Crownlakesrealty
Added: Sep 21 Changed: Sep 26 Last Checked: Sep 26 at 6:35AM

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 Crown Lakes Realty

Investment Insights

Based on property information with market context.

Built in 1967, this 3,465-square-foot brick quadplex contains four residential units with spacious two-bedroom, one-bath layouts. Individual apartments feature large rooms, substantial closet storage, and abundant natural light. The building has a shingle roof, recently painted trim, interior access between units, and a large paved parking area. Two units are currently vacant, providing flexibility for an owner-occupant or an investor leasing the remaining apartments.

The property occupies a large double lot next to Limestone Community School and the Maine School of Science and Mathematics. The lot may offer the potential for subdivision to accommodate an additional single-family home or multifamily unit, subject to applicable approvals. Off-street parking and the existing four-unit configuration support a range of residential ownership and leasing strategies.

Key Highlights

  • Four‑unit brick building totaling 3,465 SF
  • Each unit includes 2 bedrooms and 1 full bathroom
  • Two units are currently vacant

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

53
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Well-maintained brick property offers two-bedroom layouts, interior access, and paved off-street parking.
Where is this quadplex located?
The property is located at 108 High St Limestone, ME.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Four‑unit brick building totaling 3,465 SF; Each unit includes 2 bedrooms and 1 full bathroom; Two units are currently vacant
More about this property
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