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    Castine, ME Multifamily Properties for Sale

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    Brooksville, ME Islesboro, ME Penobscot, ME
    Castine Mixed-Use Corner Property
    $1,495,000
    5,000 SF
    Castine Mixed-Use Corner Property

    3 Main Street, Castine, ME 4421

    Iconic mixed-use building in Castine's village center with commercial and residential.
    • Historic building (since 1765) in the heart of Castine village.
    • Prime corner location at Main and Water Street, the village hub.
    • Income‑generating property with 3 commercial spaces and 4 residential units.
    • Opportunity for owner's unit with passive rental income.
    • High visibility from the town dock and Main Street.
    Updated: Sep 29, 2024
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Castine, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Brick Mixed-Use Building
    $700,000
    4,560 SF
    Historic Brick Mixed-Use Building

    Historic brick building with ground-floor storefront space and multiple residential units, offering flexible use in Searsport, Maine.

    28 E Main Street, Searsport, ME 04974

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    Two-Unit Duplex with Separate Utilities
    $295,000
    1,500 SF
    Two-Unit Duplex with Separate Utilities

    Well-maintained duplex featuring two 1-bedroom units with individual heating and tenant-paid utilities.

    76 Mount Ephraim Road, Searsport, ME 04974

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    Historic Stockton Springs Revitalization Opportunity
    $149,900
    0.06 Acres
    Historic Stockton Springs Revitalization Opportunity

    Three-unit building with renovation potential in prime location.

    181 Main Street, Stockton Springs, ME 04981

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    Well-Maintained Four-Unit Multifamily Building
    $499,000
    3,246 SF
    Well-Maintained Four-Unit Multifamily Building

    Four-unit building with strong rental history, renovated in 2003.

    185 West Main Street, Stockton Springs, ME 4981

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Bucksport Land For Sale
    $40,000
    1.08 Acres
    Bucksport Land For Sale

    Residential land available in Bucksport, Maine.

    Russell Hill Road lot: #8, Bucksport, ME 04416

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    Residential Land in Bucksport, Maine
    $40,000
    1.06 Acres
    Residential Land in Bucksport, Maine

    1.06 acre residential lot, mobile homes allowed if new.

    Russell Hill Road lot: #6, Bucksport, ME 04416

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    Residential Land in Bucksport, Maine
    $40,000
    1.05 Acres
    Residential Land in Bucksport, Maine

    1.05 acre residential lot in Bucksport, Maine.

    Russell Hill Road lot: #5, Bucksport, ME 04416

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    Residential Land in Bucksport, ME
    $40,000
    1.04 Acres
    Residential Land in Bucksport, ME

    Residential land available in Bucksport, Maine.

    Russell Hill Road lot: #2, Bucksport, ME 04416

    View details

    Castine, ME Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Castine, ME on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $1,495,000.

    Sale prices for multifamily properties in Castine, ME start at $1,495,000, averaging $1,495,000, and reaching up to $1,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,222
    Population Growth (5Y) +0.7%
    Median Household Income $111,500
    College Educated 61.1%

    High-Yield Neighborhoods for Investment

    Identify Castine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04421 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.18%
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

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