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6-Unit Apartment Building
For Sale
$1,050,000

109 Northport Avenue, Belfast, ME 04915

Four two-bedroom and two one-bedroom apartments share basement laundry and paved on-site parking.

Property Size2,774 SF
Price / SF$378.51
Days on Market30

Property Features for 109 Northport Avenue

General Information

Standard status Active
Size 2,774 SF
Property subtype Multi-family
Zoning Maine Health Waldo Campus District

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 4 x 2BR, 2 x 1BR
Multifamily Units 6

Amenities

laundry facility
high-speed internet

Building Details

Year Built 1878
Buildings 1
Listing Agency: United Realty
Listed By: Roland Littlefield
Source: Profoundrealestate
Added: Aug 3 Changed: Aug 31 Last Checked: Aug 31 at 7:49PM

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 United Realty

Investment Insights

Based on property information with market context.

Built in 1878, this six-unit apartment building includes four two-bedroom apartments and two one-bedroom apartments. The units have been maintained, and an updated heating system supplies hot-water heat throughout the property. Basement laundry is available to all residents, with paved parking on site and public utilities serving the building. High-speed Spectrum service is also available.

The property is located at 109 Northport Avenue in Belfast, within walking distance of the ocean, downtown Harbor Walk, the Co-Op, and the Library. It is beside the Biscone Medical Building and within the Maine Health Waldo Campus District, with convenient access to U.S. Route 1. The roof shingles were replaced recently, and the building has long-term tenants. Owner-paid operating items include heat, hot water, water, sewer, mowing, plowing, and dumpster service.

Key Highlights

  • 6‑unit building with 4 two‑bedroom apartments and 2 one‑bedroom apartments
  • Updated heating system provides hot‑water heat for each unit
  • Basement laundry facility available to all tenants

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Hair Salon Big Box & Wholesale Store Restaurant Pharmacy Real Estate Agency

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

6
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby

Demographics for 04915, ME

9,110
Population
5,192
Households
1.8
Avg Household Size
50
Median Age
44%
College-Educated
94%
High-School Grad
73.1 sq mi
ZIP Area
125
Density / Sq Mi
$59,083
Median Household Income
$39,267
Median Earnings
$1,009
Median Rent
$261,900
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 - Four two-bedroom and two one-bedroom apartments share basement laundry and paved on-site parking.
Where is this apartment building located?
The property is located at 109 Northport Avenue Belfast, ME.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 6‑unit building with 4 two‑bedroom apartments and 2 one‑bedroom apartments; Updated heating system provides hot‑water heat for each unit; Basement laundry facility available to all tenants
More about this property
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