Multifamily

Cherryfield, ME Multifamily Properties for Sale

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Steuben, ME Milbridge, ME Harrington, ME Columbia Falls, ME Gouldsboro, ME Addison, ME Columbia, ME Sullivan, ME
Duplex with Two-Story Barn
Updated: Oct 16
Duplex with Two-Story Barn

145 Main Street, Cherryfield, ME 04622

$199,000
2,073 sqft 0.98 AC lot
Two living areas in a 2,073‑square‑foot home
0.98‑acre parcel
Two‑story barn
Built in 1900; Colonial style
Direct access from the lawn to the Rails to Trails
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Duplex with Two-Story Barn
Updated: Oct 16
Duplex with Two-Story Barn

145 Main Street, Cherryfield, ME 04622

$199,000
2,073 sqft
Duplex configuration with two living spaces; potential single‑family layout offers four bedrooms and two bathrooms
2,073 square feet; built in 1900
Two‑story barn with potential storage, workshop, studio, or home‑based business use
Direct access from the lawn to the Rails to Trails
Public boat landing on the Narraguagus River is less than a mile away
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Three-Unit Mixed-Use Building
Three-Unit Mixed-Use Building

6 Park St, Cherryfield, ME 04622

$219,000
2,320 sqft 0.04 AC lot

Ground-floor commercial space accompanies two apartments, including a residence spanning the upper two floors.

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Duplex with Two-Story Barn
Duplex with Two-Story Barn

145 Main St, Cherryfield, ME 04622

$199,000
2,073 sqft

Two separate living spaces accompany a large barn suited to storage, workshop, or studio use.

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4 active listings match your search: Multifamily for sale in Cherryfield, ME. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Mobile Home Park with Barn
Mobile Home Park with Barn

15 Rock Maple Road, Harrington, ME 04643

$164,000
10.70 AC lot

The property includes tenant-owned homes, vacant pads, cleared land, and a large barn.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

8 Cottage Street, Milbridge, ME 04658

$260,000
1,323 sqft

Mostly furnished duplex with rental history and a layout suited to investment or owner-occupied living.

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Two-Unit Duplex with Original Glass
Two-Unit Duplex with Original Glass

8 Cottage Street, Milbridge, ME 04658

$260,000
1,323 sqft

Both residences are mostly furnished, and the property carries commercial zoning.

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Mobile Home Park with Vacant Lots
Mobile Home Park with Vacant Lots

15 Rock Maple Road, Harrington, ME 04643

$164,000
10.70 AC lot

Cleared fields provide room for additional lot development, and a barn offers potential for restoration.

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Cherryfield, ME Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Cherryfield, ME, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,539 square feet of properties for sale, with an estimated market value of $816,000.

Sale prices for multifamily properties in Cherryfield, ME start at $199,000, averaging $204,000, and reaching up to $219,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 3

Demographics Overview

Population 1,043
Population Growth (5Y) -5.3%
Median Household Income $43,000
College Educated 28.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04622 $204K

Taxes & Financing

Tax Rate (average for all types) 1.47%
Property Tax per SF $88.02 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Washington County

Residential Income

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