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Updated Two-Unit Duplex
For Sale
$260,000

8 Cottage Street, Milbridge, ME 04658

Milbridge, ME

Property Size1,323 SF
Price / SF$196.52
Days on Market337

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: Sep 4 Last Checked: Sep 19 at 11:06AM
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. The property retains original cranberry glass in some windows, adding a distinctive historic detail. Both units are mostly furnished, and an itemized list of included furnishings is available. The property has supported both short-term and long-term tenancy, with established tenants and rental history. The upstairs tenant is expected to move out in October, creating an owner-occupancy option while preserving the building’s two-unit configuration.

The duplex is in Milbridge, a coastal community with a theater, library, medical center, restaurants, grocery store, community garden, and public boat launch. It is situated between Ellsworth, Machias, and Winter Harbor, approximately one hour from Acadia National Park and 1.5 hours from Bangor International Airport.

Key Highlights

  • Two‑unit duplex totaling 1,323 square feet
  • Built in 1902 with original cranberry glass in some windows
  • Numerous updates to the property

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Mostly furnished duplex with rental history and a layout suited to investment or owner-occupied living.
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 $260,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,323 square feet; Built in 1902 with original cranberry glass in some windows; Numerous updates to the property
More about this property
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