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Four-Unit Quadplex with Two-Bedrooms
For Sale
$140,000

31 Main Street, Limestone, ME 04750

MULTI_FAMILY - Limestone, ME

Property Size4,250 SF
Lot Size0.22 Acres
Price / SF$32.94
Days on Market131

Property Features for 31 Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Com.
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 4, Bathroom 5, Bathroom 8, Basement, Bathroom 6, Bathroom 7, Bathroom 1, Bathroom 3, Bathroom 2
Parking features Off Street
Basement Full, Unfinished
Lot features Rolling/ Sloping, Open, Corner Lot, Intown
Standard status Active
Size 4,250 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3028

Utilities

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

Building Details

Year built 1940
Number of units 4
Flooring type Wood, Laminate, Vinyl
Building materials Wood Frame, Vinyl Siding
Roof type Metal
Listing Agency: Dobbs Realty
Listed By: Frederick Dobbs
Added: Apr 4 Changed: Aug 2 Last Checked: Aug 12 at 6:06PM
MLS# 1650357

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 quadplex offers four spacious two-bedroom, two-bath units that can easily be converted back into 8 units. The property includes a basement and features wood frame construction with vinyl siding. Interiors include wood, laminate, and vinyl flooring, with oil heat using baseboard and hot water heating. A metal roof tops the building. Built in 1940, the property provides off-street parking and is supported by public water and public sewer.

Located at 31 Main Street in Limestone, ME, the property is zoned Com. With public utilities in place, the building is set up for straightforward operation and flexible re-configuration depending on how the units are arranged.

The total building size is 4,250 square feet on a 0.22-acre lot, providing a compact footprint for a multi-unit ownership or redevelopment strategy focused on unit conversion.

Key Highlights

  • Four two‑bedroom, two‑bath units that can be converted back into 8 units
  • 4,250 SF quadplex on a 0.22‑acre lot
  • Zoned Com

Property Analytics

Current Use

Quadplexes

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

4
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Quadplex on 0.22 acres with four two-bedroom, two-bath units, public water and sewer, and off-street parking.
Where is this quadplex located?
The property is located at 31 Main Street Limestone, ME.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Four two‑bedroom, two‑bath units that can be converted back into 8 units; 4,250 SF quadplex on a 0.22‑acre lot; Zoned Com
More about this property
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