Riverfront Multifamily
For Sale
$575,000
1597 Sanford Road, Wells, ME 04090
Multi-Family, Wells, ME
Property Size3,769 SF
Lot Size1.99 Acres
Price / SF$152.56
Days on Market38
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 5, Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 3
Patio and Porch features
Deck
Interior features
1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, 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
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2600
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Oil, Kerosene, Forced Air, Heat Pump (Heating), Electric (Heating)
Water source
Private, Well
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
Buildings
3
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(207) 967-9900
Listed By:
Jason Clark
(207) 608-5927
Added: Sep 21
Changed: Oct 28
Last Checked: Oct 28 at 3:06AM
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.
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Investment Insights
Based on property information with market context.
Three residences occupy a 1.99-acre riverfront parcel in Wells, with a combined 3,769 square feet. The mix includes a single-wide home, a four-bedroom double-wide, and a two-bedroom home. The single-wide is currently rented; the two-bedroom residence has updated wiring and plumbing. A connected garage, storage shed, and deck are also part of the property.
The property fronts the Merriland River and is described as close to highway access and beaches. The homes are served by a private well and septic system, and the parcel is zoned RA.
The property fronts the Merriland River and is described as close to highway access and beaches. The homes are served by a private well and septic system, and the parcel is zoned RA.
Key Highlights
- Three homes on 1.99 acres with Merriland River frontage
- 3,769 square feet across a single‑wide, four‑bedroom double‑wide, and two‑bedroom home
- Single‑wide home is currently rented
Property Analytics
Who owns this building?
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three homes share a 1.99-acre parcel with river frontage and RA zoning.
Where is this multifamily property located?
The property is located at 1597 Sanford Road Wells, ME.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Three homes on 1.99 acres with Merriland River frontage; 3,769 square feet across a single‑wide, four‑bedroom double‑wide, and two‑bedroom home; Single‑wide home is currently rented
