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Duplex Requiring Renovation
For Sale
$169,000

119 Town Farm Road, Farmington, ME 04938

Two-unit residential property requiring substantial renovation, with one unit in better condition than the other.

Property Size2,000 SF
Price / SF$84.50
Days on Market302

Property Features for 119 Town Farm Road

General Information

Standard status Active
Size 2,000 SF
Property subtype Multi-family
Lease Term []

Building Details

Year Built 1850
Listing Agency: Portside Real Estate Group
Listed By: Ed Mosher
Source: Portsiderealestategroup
Added: Jan 5 Changed: Oct 26 Last Checked: Nov 1 at 5:57AM

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 Portside Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This two-family property contains approximately 2,000 square feet and dates to 1850. The building requires extensive rehabilitation overall, with the first unit in comparatively better condition and the second unit requiring a complete renovation. Its duplex configuration supports evaluation as a residential income property or an owner-occupied arrangement.

The property is located at 119 Town Farm Rd in Farmington, Maine, less than one mile from the University of Maine at Farmington and convenient to area amenities.

Key Highlights

  • Two‑family duplex configuration
  • Approximately 2,000 square feet
  • Built in 1850

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 04938, ME

9,592
Population
4,936
Households
1.9
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
122.5 sq mi
ZIP Area
78
Density / Sq Mi
$54,281
Median Household Income
$27,500
Median Earnings
$910
Median Rent
$169,300
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

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property requiring substantial renovation, with one unit in better condition than the other.
Where is this duplex located?
The property is located at 119 Town Farm Road Farmington, ME.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Two‑family duplex configuration; Approximately 2,000 square feet; Built in 1850
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