Five-Unit Apartment
For Sale
$999,000
515 Falls Bridge Road, Blue Hill, ME 04614
Multi-Family, Blue Hill, ME
Property Size7,700 SF
Lot Size2.05 Acres
Price / SF$129.74
Days on Market74
Property Features for 515 Falls Bridge Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 4, Bathroom 2, Bathroom 7, Bathroom 1, Bathroom 5, Bathroom 6, Bathroom 3
Parking features
Open
Patio and Porch features
Patio
Interior features
Walk-in Closets, Shower
Lot features
Open, Level, Near Town, Rural
Standard status
Active
Size
7,700 SF
Lot size
2.05 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
6254
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Natural Gas, Propane (Heating), Baseboard, Hot Water(Heating)
Water source
Well, Private
Building Details
Year built
1958
Floors in Building
4
Number of units
5
Flooring type
Wood, Tile, Vinyl, Carpet, Laminate
Building materials
Wood Frame, Shingle Siding
Roof type
Shingle, Composition
Additional Structures
Outbuilding
Listing Agency:
The Christopher Group, LLC
(877) 350-4409
Listed By:
Molly Dwyer
(207) 266-1298
Added: Jul 7
Changed: Sep 14
Last Checked: Sep 18 at 10:06PM
MLS# 1667224
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 7,700-square-foot wood-frame apartment property occupies 2.05 surveyed acres and contains five residences across four levels. The unit mix includes two larger apartments of approximately 1,900 square feet, each with two to three bedrooms and two baths, along with one- and two-bedroom units and a seasonal loft apartment. Interior finishes include wood, tile, vinyl, carpet, and laminate flooring, while several units feature walk-in closets and showers.
Constructed in 1958, the property has received a newer roof, kitchen updates, and propane-fired central hot-water heating. Additional site features include a patio, open parking, a private well, and a septic tank. The property is approximately one-half mile from the South Blue Hill Wharf, with Blue Hill amenities about five miles away and Brooklin’s harbor and waterfront village seven miles away.
Constructed in 1958, the property has received a newer roof, kitchen updates, and propane-fired central hot-water heating. Additional site features include a patio, open parking, a private well, and a septic tank. The property is approximately one-half mile from the South Blue Hill Wharf, with Blue Hill amenities about five miles away and Brooklin’s harbor and waterfront village seven miles away.
Key Highlights
- Five apartments arranged across four levels within a 7,700‑square‑foot building
- Situated on 2.05 surveyed acres in South Blue Hill
- Unit mix includes two- to three‑bedroom, one‑bedroom, two‑bedroom, and seasonal loft apartments
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
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Business Placement
Demographics for 04614, ME
2,792
Population
2,199
Households
1.3
Avg Household Size
52
Median Age
49%
College-Educated
92%
High-School Grad
62.5 sq mi
ZIP Area
45
Density / Sq Mi
$70,164
Median Household Income
$36,076
Median Earnings
$332,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-level residential property with varied apartment layouts, updated kitchens, and views toward Blue Hill Bay.
Where is this apartment building located?
The property is located at 515 Falls Bridge Road Blue Hill, ME.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Five apartments arranged across four levels within a 7,700‑square‑foot building; Situated on 2.05 surveyed acres in South Blue Hill; Unit mix includes two- to three‑bedroom, one‑bedroom, two‑bedroom, and seasonal loft apartments
