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5-Unit Apartment Building
New
For Sale
$295,000

165 Middle St, Farmington, ME 04938

Delivered vacant, the property offers five residential units, with one requiring work and the remaining units in livable condition.

Property Size3,493 SF
Price / SF$84.45
Days on Market6

Property Features for 165 Middle St

General Information

Standard status Active
Size 3,493 SF
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence needs some work

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $2,364
Listing Agency: Keller Williams Realty
Listed By: Haneen Al-Qayar
Source: Exprealty
Added: Sep 21 Changed: Sep 26 Last Checked: Sep 26 at 8:13AM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This 3,493-square-foot apartment property in Farmington contains five units and is being sold vacant. One unit needs work; the other four are in livable condition. The property is offered as-is, and expansion would require city approval.

The property is near the University of Maine at Farmington, downtown amenities, and RSU 09 public schools.

Key Highlights

  • Five‑unit apartment property
  • 3,493 square feet
  • One unit needs work; the remaining units are in livable condition

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Big Box & Wholesale Store Parking Lot & Garage Bakery

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby

Demographics for 04938, ME

9,592
Population
4,936
Households
1.9
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
122.5 sq mi
ZIP Area
78
Density / Sq Mi
$54,281
Median Household Income
$27,500
Median Earnings
$910
Median Rent
$169,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Delivered vacant, the property offers five residential units, with one requiring work and the remaining units in livable condition.
Where is this apartment building located?
The property is located at 165 Middle St Farmington, ME.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Five‑unit apartment property; 3,493 square feet; One unit needs work; the remaining units are in livable condition
More about this property
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