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16-Home Multifamily Property
For Sale
$640,000

1682 Van Buren Rd, Caswell, ME 04750

Six-acre residential property with multiple detached homes and substantial renovation requirements.

Property Size1,190 SF
Price / SF$537.82
Days on Market25

Property Features for 1682 Van Buren Rd

General Information

Standard status Active
Size 1,190 SF
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence will require full renovation

Units

Unit Mix 11 x 3BR, 5 x 2BR
Multifamily Units 16

Building Details

Year Built 1950
Buildings 16
Listing Agency: NextHome Discover
Listed By: Daniel Castle Courtney Castle
Source: 603luxury
Added: Aug 7 Changed: Aug 31 Last Checked: Aug 31 at 7:04PM

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 NextHome Discover

Investment Insights

Based on property information with market context.

This multifamily property comprises 16 individual homes on just over 6 acres. The unit mix includes 11 three-bedroom residences and five two-bedroom residences. One home is occupied, while the other residences require full renovation before occupancy. Built in 1950, the property is being offered as-is, with buyers responsible for evaluating condition, utilities, systems, and future use.

The site is located in Caswell, Maine, with stated drive times of approximately 10 minutes to Limestone, 15 minutes to Van Buren, and 20 minutes to Caribou. The property’s existing collection of homes provides a defined residential configuration for parties assessing renovation, repositioning, or future use.

Key Highlights

  • 16 individual homes across the property
  • Unit mix includes 11 three‑bedroom and 5 two‑bedroom residences
  • Set on just over 6 acres in Caswell, Maine

Property Analytics

Current Use

Multifamily properties

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 04750, ME

1,817
Population
1,033
Households
1.8
Avg Household Size
48
Median Age
18%
College-Educated
90%
High-School Grad
78.4 sq mi
ZIP Area
23
Density / Sq Mi
$43,750
Median Household Income
$33,462
Median Earnings
$781
Median Rent
$93,000
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?
Multifamily property - Six-acre residential property with multiple detached homes and substantial renovation requirements.
Where is this multifamily property located?
The property is located at 1682 Van Buren Rd Caswell, ME.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 16 individual homes across the property; Unit mix includes 11 three‑bedroom and 5 two‑bedroom residences; Set on just over 6 acres in Caswell, Maine
More about this property
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