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Renovated Three-Unit Multifamily Property
New
For Sale
$249,900

42 4 & 2 Main St, Detroit, ME 04929

Two buildings offer flexible residential layouts, storage areas, parking, and separate utility systems for rental or owner occupancy.

Property Size2,444 SF
Lot Size0.60 Acres
Price / SF$102.25
Days on Market2

Property Features for 42 4 & 2 Main St

General Information

Standard status Active
Size 2,444 SF
Lot size 0.60 Acres
Property subtype Multi-Family

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA, 1 x 2-3BR
Multifamily Units 3

Building Details

Year Built 1900
Buildings 2
Listing Agency: Better Homes & Gardens Real Estate/The Masiello Group
Listed By: Samantha Allen
Source: 603luxury
Added: Sep 15 Last Checked: Sep 15 at 2:18PM

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 Better Homes & Gardens Real Estate/The Masiello Group

Investment Insights

Based on property information with market context.

This 2,444-square-foot multifamily property includes three residential units across two buildings on a 0.60-acre corner parcel. The primary building contains a renovated two-bedroom, one-bath apartment on the first floor and a one-bedroom, one-bath apartment above, with open kitchen, living, and dining space upstairs. Unfinished storage is available on the first floor and in the attic. A separate 2-3 bedroom home includes a full kitchen, living room, bathroom, garage, and paved parking area. The property was built in 1900 and has undergone substantial updates.

Approximately 200 feet of frontage along the East Branch of the Sebasticook River adds outdoor context to the site. Property infrastructure includes two wells, two septic systems, and a large parking area. The location is on Route 220 in Detroit Village, less than 4 miles from I-95.

Key Highlights

  • Three residential units arranged within two separate buildings
  • 2,444 SF property on 0.60 acres
  • Approximately 200 feet of frontage on the East Branch of the Sebasticook River

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Electrical Service HVAC Service Pet Grooming Service Building Supply Auto Repair Shop Pet Store & Service

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

3
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 04929, ME

885
Population
351
Households
2.5
Avg Household Size
43
Median Age
8%
College-Educated
86%
High-School Grad
20.2 sq mi
ZIP Area
44
Density / Sq Mi
$51,964
Median Household Income
$35,781
Median Earnings
$938
Median Rent
$134,900
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?
Multifamily property - Two buildings offer flexible residential layouts, storage areas, parking, and separate utility systems for rental or owner occupancy.
Where is this multifamily property located?
The property is located at 42 4 & 2 Main St Detroit, ME.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Three residential units arranged within two separate buildings; 2,444 SF property on 0.60 acres; Approximately 200 feet of frontage on the East Branch of the Sebasticook River
More about this property
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