Search
Four-Unit Colonial Multifamily Property
New
For Sale
$255,000

7 2nd Street, Presque Isle, ME 04769

Multi-Family, Presque Isle, ME

Property Size4,134 SF
Lot Size0.33 Acres
Price / SF$61.68
Days on Market2

Property Features for 7 2nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Urban Res 2
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 4, Bathroom 3, Basement, Bathroom 6
Basement Full
Lot features Rolling/ Sloping, Intown, Neighborhood
Standard status Active
Size 4,134 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4503

Utilities

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

Building Details

Year built 1921
Floors in Building 2
Number of units 4
Flooring type Laminate, Hardwood, Vinyl
Building materials Wood Frame, Wood Siding
Roof type Shingle
Architectural style Colonial
Listing Agency: Progressive Realty
Listed By: Catherine Duffy
Added: Sep 4 Last Checked: Sep 5 at 3:06AM
MLS# 1679420

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.

Built in 1921, this Colonial-style multifamily property contains 4,134 square feet across four residential units. The primary residence has four bedrooms, three bathrooms, a newer kitchen, a living room with fireplace, and hardwood, laminate, and vinyl flooring. The rental component consists of one one-bedroom apartment and two two-bedroom apartments. Updated windows, electrical service, furnace, and interior areas provide completed improvements, while the exterior siding is noted for needing fresh paint.

Set on a 0.33-acre in-town lot at 7 2nd Street in Presque Isle, the property is served by public water and public sewer. Additional physical features include wood-frame construction, wood siding, a shingle roof, hot-water heating using oil, and Urban Res 2 zoning. The layout accommodates an owner-occupant in the larger residence while maintaining three additional apartments on the property.

Key Highlights

  • 4,134 square feet arranged as 4 residential units
  • Unit mix includes one 1‑bedroom and two 2‑bedroom apartments
  • Main residence offers 4 bedrooms, 3 bathrooms, newer kitchen, and fireplace

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Electrical Service Real Estate Agency Bakery

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

605
Businesses Nearby

Demographics for 04769, ME

8,797
Population
4,568
Households
1.9
Avg Household Size
45
Median Age
27%
College-Educated
93%
High-School Grad
75.8 sq mi
ZIP Area
116
Density / Sq Mi
$57,396
Median Household Income
$38,091
Median Earnings
$875
Median Rent
$142,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Includes a four-bedroom main residence plus three separately configured rental apartments.
Where is this quadplex located?
The property is located at 7 2nd Street Presque Isle, ME.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 4,134 square feet arranged as 4 residential units; Unit mix includes one 1‑bedroom and two 2‑bedroom apartments; Main residence offers 4 bedrooms, 3 bathrooms, newer kitchen, and fireplace
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message