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Multifamily Property with 2-Car Garage
For Sale
$115,000

12 Depot Street, Kingfield, ME 04947

Multi-Family, Kingfield, ME

Property Size2,309 SF
Lot Size0.17 Acres
Price / SF$49.81
Days on Market47

Property Features for 12 Depot Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Growth/Multi-Use
Rooms Basement
Parking features Off Street
Basement Walk-Out Access, Unfinished, Daylight
Lot features Rolling/ Sloping, Open, Intown, Near Shopping
Standard status Active
Size 2,309 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2204

Utilities

Sewer type Public Sewer
Heating system None (Heating)
Water source Public
Water front features Stream

Building Details

Year built 1900
Number of units 3
Flooring type Wood
Building materials Wood Frame, Clapboard, Wood Siding
Roof type Metal
Architectural style Other
Listing Agency: Allied Realty
Listed By: Anna Pines
Added: Jul 16 Changed: Aug 28 Last Checked: Aug 31 at 10:06PM
MLS# 1663608

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1900 multifamily property contains 2309 square feet and was previously configured as a two-story duplex. The interior has been stripped back to the studs, creating a substantial restoration project with the existing building envelope available for reworking. A walkout basement, wood flooring, metal roof, private driveway, and two-car garage add to the physical configuration. Heating is not currently installed.

The property sits at 12 Depot Street in downtown Kingfield on a 0.17-acre lot. Growth/Multi-Use zoning supports residential, commercial, or industrial use as described for the district. Public water and public sewer serve the property, while a stream is identified among the site’s waterfront features. Off-street parking is available, and the building’s central village setting places it near local shops, dining, entertainment, and community activities.

Key Highlights

  • 2309 square feet on a 0.17‑acre lot
  • Previously configured as a two‑story duplex
  • Interior stripped back to the studs for restoration

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Storage Facility Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy Computer & Electronic Repair

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby

Demographics for 04947, ME

1,717
Population
2,919
Households
0.6
Avg Household Size
53
Median Age
54%
College-Educated
96%
High-School Grad
125.2 sq mi
ZIP Area
14
Density / Sq Mi
$67,292
Median Household Income
$35,716
Median Earnings
$864
Median Rent
$246,900
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?
Multifamily property - The two-story structure is open to restoration or reconfiguration within a Growth/Multi-Use district.
Where is this multifamily property located?
The property is located at 12 Depot Street Kingfield, ME.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: 2309 square feet on a 0.17‑acre lot; Previously configured as a two‑story duplex; Interior stripped back to the studs for restoration
More about this property
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