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11-Unit Apartment Building on Main
For Sale
$385,000

23 Main Street, Limestone, ME 04750

MULTI_FAMILY - Limestone, ME

Property Size8,704 SF
Lot Size0.20 Acres
Price / SF$44.23
Days on Market131

Property Features for 23 Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bathrooms 11
Full bathrooms 11
Rooms Bathroom 4, Bathroom 1, Bathroom 6, Bathroom 3, Bathroom 9, Bathroom 2, Bathroom 11, Bathroom 8, Bathroom 7, Bathroom 5, Bathroom 10, Basement
Patio and Porch features Porch, Deck
Basement Unfinished
Lot features Rolling/ Sloping, Open, Corner Lot, Level, Sidewalks, Intown
Standard status Active
Size 8,704 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4543

Utilities

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

Building Details

Floors in Building 2
Number of units 11
Flooring type Wood, Vinyl, Carpet, Laminate
Building materials Wood Frame, Vinyl Siding, Wood Siding
Roof type Metal
Listing Agency: Dobbs Realty
Listed By: Frederick Dobbs
Added: Apr 4 Changed: Aug 2 Last Checked: Aug 12 at 10:06AM
MLS# 1650349

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.

Apartment building offering 11 rents in Limestone, Maine. The property sits on a 0.2-acre lot and includes 8,704 SF of space, with wood-frame construction and vinyl siding, along with wood siding elements. Interiors include a mix of flooring types such as wood, vinyl, carpet, and laminate, and the home is served by hot water heating, propane heating, and baseboard heating. A metal roof tops the building, and the property also includes a basement.

Utilities are supported by public water and public sewer. Exterior features include porches and a deck, providing outdoor space for residents.

With a room mix that includes 11 bathrooms, this multifamily property is built for residential use and supports multiple separate units under one ownership structure.

Key Highlights

  • 11 rents in Limestone, ME
  • 0.2‑acre lot with 8,704 SF
  • Wood‑frame construction with vinyl siding and wood siding

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Auto Parts Store Hair Salon Big Box & Wholesale Store Nail Salon

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

56
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Wood-frame, vinyl-sided apartment building with public water and sewer, multiple porches and decks, and hot water heating.
Where is this apartment building located?
The property is located at 23 Main Street Limestone, ME.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 11 rents in Limestone, ME; 0.2‑acre lot with 8,704 SF; Wood‑frame construction with vinyl siding and wood siding
More about this property
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