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Six-Unit Multifamily Property
For Sale
$330,000

48 Main Street, Mexico, ME 04257

Fully occupied multifamily property with individually heated apartments and a wood-frame structure.

Property Size4,368 SF
Price / SF$75.55
Days on Market193

Property Features for 48 Main Street

General Information

Standard status Active
Size 4,368 SF
Property subtype Multi-Family
Zoning Unk
Occupancy 100%

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $2,973

Amenities

Multi-Level
Hot Water, Baseboard
3
Full, Unfinished
Wood, Vinyl, Carpet
No
Yes
6.00
6
Other
Interior
No Vehicle Storage
Vinyl Siding, Wood Frame
Porch

Building Details

Year Built 1908
Units 6
Listing Agency: Elevate Maine Realty
Listed By: Tyler Stewart · License #BA927955
Source: Compass
Added: Feb 19 Changed: Aug 30 Last Checked: Aug 31 at 12:53AM

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 Elevate Maine Realty

Investment Insights

Based on property information with market context.

This six-unit multifamily property contains 4,368 square feet in a multi-level wood-frame building constructed in 1908. The apartments are individually heated with Rinnai units, supporting separate temperature control and straightforward unit-level maintenance. Exterior features include vinyl siding and a porch, while the property includes an unfinished basement.

Located at 48 Main Street in Mexico, Maine, the property is fully occupied across all six apartments. The existing occupancy and separate heating systems provide a clearly defined operating configuration for a multifamily owner.

Key Highlights

  • Six‑unit multifamily property with 4,368 square feet
  • Fully occupied across all six apartments
  • Individual Rinnai heaters in each apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center HVAC Service Big Box & Wholesale Store Parking Lot & Garage

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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 04257, ME

2,756
Population
1,490
Households
1.8
Avg Household Size
45
Median Age
12%
College-Educated
93%
High-School Grad
23.3 sq mi
ZIP Area
118
Density / Sq Mi
$54,052
Median Household Income
$34,404
Median Earnings
$843
Median Rent
$104,000
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?
Apartment building - Fully occupied multifamily property with individually heated apartments and a wood-frame structure.
Where is this apartment building located?
The property is located at 48 Main Street Mexico, ME.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Six‑unit multifamily property with 4,368 square feet; Fully occupied across all six apartments; Individual Rinnai heaters in each apartment
More about this property
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