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

165 Middle Street, Farmington, ME 04938

Multi-Family, Farmington, ME

Property Size3,493 SF
Lot Size0.38 Acres
Price / SF$84.45
Days on Market7

Property Features for 165 Middle Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Village Residential
Bathrooms 5
Full bathrooms 5
Rooms Basement, Bathroom 2, Bathroom 5, Bathroom 1, Bathroom 3, Bathroom 4
Patio and Porch features Deck
Pets allowed No
Basement Full
Lot features Open, Level, Sidewalks, Intown, Near Shopping
Standard status Active
Size 3,493 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2364

Utilities

Sewer type Public Sewer
Heating system Oil, Baseboard, Hot Water(Heating)
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 5
Flooring type Wood, Vinyl
Building materials Wood Frame, Wood Siding
Roof type Metal
Listing Agency: Keller Williams Realty
Listed By: Haneen Al-Qayar
Added: Sep 20 Changed: Sep 25 Last Checked: Sep 26 at 4:06PM
MLS# 1681362

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 1900-built apartment property contains five units across 3,493 square feet on a 0.38-acre parcel. It is vacant and offered in its current condition, with no seller improvements planned. The site may accommodate a sixth rental unit, subject to municipal approval. Village Residential zoning is reported for the property.

The building has wood-frame construction with wood siding, a metal roof, and deck space. Heating is oil-fired hot water with baseboard distribution; public water and sewer serve the property. The address is 165 Middle Street in Farmington, near the University of Maine at Farmington, downtown amenities, convenience stores, and RSU 09 public schools.

Key Highlights

  • Five existing units in 3,493 square feet
  • 0.38‑acre site with potential for a sixth unit, subject to city approval
  • Built in 1900; wood‑frame construction, wood siding, and metal roof

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Delivered without tenants, the property allows a new owner to undertake renovations and establish leasing plans.
Where is this apartment building located?
The property is located at 165 Middle Street 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 existing units in 3,493 square feet; 0.38‑acre site with potential for a sixth unit, subject to city approval; Built in 1900; wood‑frame construction, wood siding, and metal roof
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message