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Updated Two-Unit Property
For Sale
$299,000

8 Cottage Street, Milbridge, ME 04658

Milbridge, ME

Property Size1,323 SF
Price / SF$226
Days on Market313

Property Features for 8 Cottage Street

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bathrooms 2
Full bathrooms 2
Standard status Active
Size 1,323 SF

Building Details

Year built 1902
Listing Agency: Ellsworth, Maine · Better Homes and Gardens Real Estate
Listed By: Stacy White · License #BA921662
Added: Oct 18, 2025 Changed: Jul 30 Last Checked: Aug 26 at 12:06PM
MLS# 1641254

Copyright © 2026 Better Homes and Gardens-The Masiello Group. 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 1902, this 1,323-square-foot duplex contains two residential units and has received numerous updates. Both units are mostly furnished, and select windows retain original cranberry glass details. Established tenants and documented rental activity spanning short-term and long-term arrangements add operating history to the property.

The home is located in Milbridge, a coastal community with a theater, library, medical center, restaurants, grocery store, community garden, and public boat launch. Ellsworth, Machias, and Winter Harbor are within the surrounding regional area, while Acadia National Park is approximately one hour away and Bangor International Airport is about 1.5 hours away.

Key Highlights

  • Two‑unit residential property with 1,323 square feet
  • Built in 1902 with numerous updates
  • Mostly furnished units

Property Analytics

Current Use

Lovit Jeffrey Law Firm

Suggested Use

Top Pick Building Supply Auto Parts Store Dental Office (Bike/Boat/Book/etc) Store Pharmacy Cafe & Coffee Shop

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

119
Businesses Nearby

Demographics for 04658, ME

1,375
Population
924
Households
1.5
Avg Household Size
50
Median Age
25%
College-Educated
92%
High-School Grad
23.8 sq mi
ZIP Area
58
Density / Sq Mi
$47,308
Median Household Income
$31,354
Median Earnings
$213,700
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
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Frequently Asked Questions

What type of property is this?
Duplex - Mostly furnished duplex with established occupancy and a history of both short-term and long-term rentals.
Where is this duplex located?
The property is located at 8 Cottage Street Milbridge, ME.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑unit residential property with 1,323 square feet; Built in 1902 with numerous updates; Mostly furnished units
More about this property
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