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Riverfront Triplex Property
For Sale
$629,000

1597 Sanford Road, Wells, ME 04090

Multi-Family, Wells, ME

Property Size3,769 SF
Lot Size1.99 Acres
Price / SF$166.89
Days on Market51

Property Features for 1597 Sanford Road

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning RA
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 2
Patio and Porch features Deck
Interior features 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, One-Floor Living, Storage
Basement Crawl Space
Lot features Open, Level, Wooded, Near Turnpike/ Interstate, Near Town
Standard status Active
Size 3,769 SF
Lot size 1.99 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2600

Utilities

Sewer type Septic Tank, Private Sewer
Heating system Forced Air, Electric (Heating), Oil, Kerosene, Heat Pump (Heating)
Water source Well, Private
Water front 1

Building Details

Year built 1972
Number of units 3
Flooring type Laminate, Vinyl, Concrete
Building materials Mobile, Wood Frame, Aluminum Siding, Block, Vinyl Siding
Roof type Shingle
Architectural style Ranch
Additional Structures Storage
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Jason Clark · License #BA929485
Added: Jul 11 Changed: Aug 19 Last Checked: Aug 30 at 12:06PM
MLS# 1664129

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 triplex property combines three residences on a single 1.99-acre parcel with river frontage. The unit mix includes a rented single-wide, a 4-bedroom double-wide scheduled for complete renovation by closing, and a 2-bedroom home requiring finishing work. Total property size is 3,769 square feet. Additional features include a connected garage, storage shed, deck, spacious yard, and river views.

The property is at 1597 Sanford Road in Wells, with access to the highway and nearby beaches. The 1972 ranch-style improvements use well water and private septic service, with forced-air, electric, oil, kerosene, and heat-pump heating systems represented across the property. Zoning is RA.

Key Highlights

  • Three residences on one 1.99‑acre parcel
  • 3,769 square feet of total property size
  • River frontage with views of the Merriland River

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Dental Office Real Estate Agency Bakery Bed & Breakfast

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 04090, ME

11,314
Population
9,590
Households
1.2
Avg Household Size
53
Median Age
38%
College-Educated
92%
High-School Grad
57.7 sq mi
ZIP Area
196
Density / Sq Mi
$83,900
Median Household Income
$47,928
Median Earnings
$1,313
Median Rent
$445,800
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?
Triplex - Three separate residences share a private 1.99-acre riverfront parcel with rental and owner-use flexibility.
Where is this triplex located?
The property is located at 1597 Sanford Road Wells, ME.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Three residences on one 1.99‑acre parcel; 3,769 square feet of total property size; River frontage with views of the Merriland River
More about this property
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