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Multi-Unit Residential Income Property

147-151 Dirigo Road China, ME 04358

New

147-151 Dirigo Road, China, ME, 04358

$849,900

For Sale

$849,900

MULTI_FAMILY - Colonial, Ranch - China, ME

Property Size2,806 SF

Lot Size6.00 Acres

Price / SF$302.89

AddedJul 14

Days on Market3

Last RefreshJul 16 at 1:06 pm

Property Features for 147-151 Dirigo Road

General Information

Property type: Residential Multi Family
Property subtype: Single Family Residence
Zoning: Rural
Bathrooms: 5
Rooms: Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Basement, Bathroom 5
Pets allowed: No
Interior features: 1st Floor Bedroom
Basement: Walk-Out Access, Finished, Full
Standard status: Active
Size: 2,806 SF
Lot size: 6.00 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 7536

Utilities

Sewer type: Private Sewer, Septic Tank
Heating system: Baseboard, Oil, Hot Water(Heating)
Water source: Private, Well

Building Details

Year built: 1963
Floors in Building: 2
Number of units: 4
Flooring type: Wood, Tile
Building materials: Wood Frame, Vinyl Siding
Roof type: Shingle
Architectural style: Colonial, Ranch

Listing agent William Logan

Listing office Brookewood Realty 747 Western Avenue, Manchester, ME

Listing date Jul 14, 2026

MLS# 1671757 Listing URL

Investment Insights

Based on property information with market context.

This residential income property consists of four income-producing units on one site. The main residence is a ranch-style home with three bedrooms and features an open floor plan, a living room with a fieldstone fireplace, and an open kitchen with a large center island. A finished basement includes laundry, and the home has an attached two-car garage. Additional improvements include a four-bay garage with a three-bedroom apartment above, as well as a separate two-unit building with one two-bedroom apartment and one one-bedroom apartment.

The property is located on Dirigo Road in China, Maine, with a total lot size of about 6 acres. Outdoor amenities include a private patio and an in-ground pool.

Overall, the configuration offers multiple independent living units across the main ranch home, the apartment above the four-bay garage, and the separate two-unit building, creating a diversified on-site rental setup.

Key Highlights

Four income‑producing units on one property in China, Maine: a main ranch, a 3‑bedroom apartment above a four‑bay garage, and a separate 2‑unit building.
Main home is a 3‑bedroom ranch with an attached 2‑car garage, bright open floor plan, and a living room with fieldstone fireplace.
Finished basement includes laundry, plus a 1st floor bedroom.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$45.5k	$16.20
− Vacancy	−$691	−$0.25
EGI	$44.8k	$15.95
− OpEx	−$13.4k	−$4.79
NOI	$31.3k	$11.17

2,806 SF · lease $16.20/SF/yr · vacancy 1.52% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$447.7K

$391.7K – $522.3K (±1% cap)

NOI $31,336 @ 7.0% cap · market cap 3.69%

Second Best

Apartment 5plus

$390.5K

$341.7K – $455.6K (±1% cap)

NOI $27,335 @ 7.0% cap · market cap 3.22%

Theoretical Best

Warehouse

$4.19M

$3.66M – $4.88M (±1% cap)

NOI $293,040 @ 7.0% cap · market cap 34.48%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

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For sale
Quadplexes
ME
China
04358
147-151 Dirigo Road

What type of property is this?

Quadplex - Four rental units are set on one property in China, Maine, including a ranch home with attached two-car garage.

Where is this quadplex located?

The property is located at 147-151 Dirigo Road China, ME.

What is the asking price?

The asking price for this property is $849,900.

What are key features of this property?

This property features: Four income‑producing units on one property in China, Maine: a main ranch, a 3‑bedroom apartment above a four‑bay garage, and a separate 2‑unit building.; Main home is a 3‑bedroom ranch with an attached 2‑car garage, bright open floor plan, and a living room with fieldstone fireplace.; Finished basement includes laundry, plus a 1st floor bedroom.