Building Details

Year Built 2022

Buildings 2

Listing Agency: Keller Williams Realty a***@kw.com Show Phone

Listed By: Angela Lee

Source: Soldbymichaelthomas

Added: Aug 3 Changed: Aug 29 Last Checked: Aug 29 at 10:40AM

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Investment Insights

Based on property information with market context.

This multifamily property contains two mobile homes on one lot. The larger double-wide has three bedrooms, one full bathroom, one three-quarter bathroom, and an open living, kitchen, and dining arrangement. A second single-wide adds one bedroom and one three-quarter bathroom, creating a two-residence configuration with distinct layouts. Both homes were built in 2022.

The property encompasses 0.68± acres at 1416 14 & 16 Hayden Ave in Norway, Maine. It is located near downtown Norway, with restaurants, shops, and community amenities nearby. Norway Lake is also a short drive away, offering access to swimming, boating, and year-round recreation.

Key Highlights

• Two mobile homes situated on one lot
• 0.68± acres in Norway, Maine
• Double‑wide with 3 bedrooms, full and 3/4 bathrooms

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Building Supply Storage Facility Garden Center Furniture & Home Goods Grocery & Convenience Store

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

275

Businesses Nearby

Explore this area Business Placement

Demographics for 04268, ME

5,077

Population

2,869

Households

1.8

Avg Household Size

48

Median Age

23%

College-Educated

90%

High-School Grad

45.0 sq mi

ZIP Area

113

Density / Sq Mi

$53,162

Median Household Income

$35,897

Median Earnings

$758

Median Rent

$184,700

Median Home Value

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?

Multifamily property - Two separate mobile residences provide a flexible multifamily layout near downtown Norway.

Where is this multifamily property located?

The property is located at 1416 14 & 16 Hayden Ave Norway, ME.

What is the asking price?

The asking price for this property is $360,000.

What are key features of this property?

This property features: Two mobile homes situated on one lot; 0.68± acres in Norway, Maine; Double‑wide with 3 bedrooms, full and 3/4 bathrooms