Five-Unit Apartment
For Sale
$400,000
585 Maine Avenue, Farmingdale, ME 04344
Residential units span two floors with onsite laundry, a basement garage, and ample parking.
Property Size5,200 SF
Price / SF$76.92
Days on Market159
Property Features for 585 Maine Avenue
General Information
Standard status
Active
Size
5,200 SF
Property subtype
Multi-Family
Zoning
Commercial
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$7,538
Amenities
on-site laundry
Baseboard
True
Vinyl, Carpet
No
Yes
Concrete Perimeter
6.00
6
Shingle
Vinyl Siding, Shingle Siding, Brick, Aluminum Siding, Wood Frame
Building Details
Year Built
1950
Buildings
2
Units
6
Listing Agency:
CORE
(207) 530-2708
Listed By:
Charles Hippler IV · License #SA927061
(207) 530-2708
Source:
Compass
Added: Mar 25
Changed: Aug 30
Last Checked: Aug 30 at 5:16AM
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 CORE
Investment Insights
Based on property information with market context.
Located at 585 Maine Avenue, this 5,200-square-foot multifamily property contains five residential units arranged across two levels. Two apartments occupy the first floor, while three are positioned on the second floor. The basement includes a large two-car garage, and laundry facilities are available onsite for tenant use. Ample parking is also provided.
Built in 1950, the property is zoned Commercial and is currently tenanted. Maine Avenue offers access between Augusta and Gardiner. A separate office building at 591 Maine Avenue is available for sale together with this property; that building was formerly used as a retail coffee shop.
Built in 1950, the property is zoned Commercial and is currently tenanted. Maine Avenue offers access between Augusta and Gardiner. A separate office building at 591 Maine Avenue is available for sale together with this property; that building was formerly used as a retail coffee shop.
Key Highlights
- Five‑unit multifamily property with two first‑floor and three second‑floor residential units
- 5,200 SF building constructed in 1950
- Large two‑car garage on the basement level
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Explore this area
Business Placement
Demographics for 04344, ME
2,995
Population
1,481
Households
2
Avg Household Size
44
Median Age
40%
College-Educated
95%
High-School Grad
11.2 sq mi
ZIP Area
267
Density / Sq Mi
$60,000
Median Household Income
$34,688
Median Earnings
$928
Median Rent
$205,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Residential units span two floors with onsite laundry, a basement garage, and ample parking.
Where is this apartment building located?
The property is located at 585 Maine Avenue Farmingdale, ME.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Five‑unit multifamily property with two first‑floor and three second‑floor residential units; 5,200 SF building constructed in 1950; Large two‑car garage on the basement level
