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Four-Unit Apartment Building
New
For Sale
$140,000

31 Main St, Limestone, ME 04750

Each residence features a two-bedroom, two-bath layout with potential to restore the property’s original eight-unit configuration.

Property Size4,250 SF
Price / SF$32.94
Days on Market3

Property Features for 31 Main St

General Information

Standard status Active
Size 4,250 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR/2BA
Multifamily Units 4

Building Details

Year Built 1940
Listing Agency: Dobbs Realty
Listed By: Frederick Dobbs
Source: Aroostookrealestate
Added: Sep 2 Changed: Sep 3 Last Checked: Sep 3 at 2:06AM

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 Dobbs Realty

Investment Insights

Based on property information with market context.

Located at 31 Main St in Limestone, Maine, this 4,250-square-foot multifamily property contains four spacious residences. Each unit is arranged with two bedrooms and two bathrooms, creating a consistent layout across the building.

Constructed in 1940, the property is currently configured as a quadplex and may be converted back into an eight-unit arrangement. The existing unit count, documented residential layout, and larger building footprint provide a clear basis for evaluating the property’s current and potential configurations.

Key Highlights

  • Four residential units, each with two bedrooms and two bathrooms
  • 4,250 square feet of multifamily space
  • Potential conversion from four units back to 8 units

Property Analytics

Current Use

Quadplexes

Suggested Use

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

56
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

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?
Quadplex - Each residence features a two-bedroom, two-bath layout with potential to restore the property’s original eight-unit configuration.
Where is this quadplex located?
The property is located at 31 Main St Limestone, ME.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Four residential units, each with two bedrooms and two bathrooms; 4,250 square feet of multifamily space; Potential conversion from four units back to 8 units
More about this property
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