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Downtown Belfast Duplex
For Sale
$395,000

7 Anderson Street, Belfast, ME 04915

Two-unit property with propane heat and washer/dryer combos in both units.

Property Size1,928 SF
Price / SF$204.88
Days on Market45

Property Features for 7 Anderson Street

General Information

Standard status Active
Size 1,928 SF
Property subtype Multi-family
Lease Term []

Additional Details

Multifamily Units 2

Building Details

Year Built 1920
Listing Agency: Compass Point Real Estate,Inc.
Listed By: Patricia Dunham
Source: Portsiderealestategroup
Added: Jul 19 Changed: Aug 31 Last Checked: Aug 31 at 8:44PM

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 Compass Point Real Estate,Inc.

Investment Insights

Based on property information with market context.

This 1,928-square-foot duplex contains two residential units and is currently vacant. The building dates to 1920 and has a propane heating system that was added 4 years ago. Each unit includes a washer/dryer combo, providing dedicated laundry equipment for both residences.

The property is located at 7 Anderson St in downtown Belfast, with access to the amenities and services of the Mid-Coast community. Its two-unit configuration supports separate residential occupancy within one building.

Key Highlights

  • 1,928‑square‑foot duplex with 2 residential units
  • Currently vacant for new occupancy
  • Propane heating system added 4 years ago

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Storage Facility Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

731
Businesses Nearby

Demographics for 04915, ME

9,110
Population
5,192
Households
1.8
Avg Household Size
50
Median Age
44%
College-Educated
94%
High-School Grad
73.1 sq mi
ZIP Area
125
Density / Sq Mi
$59,083
Median Household Income
$39,267
Median Earnings
$1,009
Median Rent
$261,900
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?
Duplex - Two-unit property with propane heat and washer/dryer combos in both units.
Where is this duplex located?
The property is located at 7 Anderson Street Belfast, ME.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1,928‑square‑foot duplex with 2 residential units; Currently vacant for new occupancy; Propane heating system added 4 years ago
More about this property
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