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    Damariscotta, ME
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    Damariscotta, ME Multifamily Properties for Sale

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    Newcastle, ME Bristol, ME Bremen, ME Nobleboro, ME Edgecomb, ME Alna, ME Waldoboro, ME Jefferson, ME
    4-Unit Waterfront Quadplex
    Updated: Sep 25
    4-Unit Waterfront Quadplex

    11 Water Street, Damariscotta, ME 04543

    $895,000
    2,925 sqft 0.22 AC lot
    Four residential rental units in 2,925 square feet
    Approximately 70 feet of frontage on the Damariscotta River
    0.22‑acre site in downtown Damariscotta
    C‑1 zoning
    Updates include electrical, plumbing, insulation, roofing, gutters, and a sprinkler system
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    Waterfront Quadplex
    Updated: Jul 14
    Waterfront Quadplex

    11 Water Street, Damariscotta, ME 04543

    $895,000
    2,925 sqft 0.22 AC lot
    Four residential rental units in a 2,925‑square‑foot building
    Approximately 70 feet of Damariscotta River frontage
    Two large waterfront decks with harbor views
    C‑1 zoning allows residential, commercial, or mixed‑use flexibility
    0.22‑acre downtown Damariscotta property with on‑site parking
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    Waterfront Four-Unit Quadplex
    Waterfront Four-Unit Quadplex

    11 Water Street, Damariscotta, ME 04543

    $895,000
    2,925 sqft

    Commercial zoning supports consideration of residential, commercial, or mixed-use occupancy.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    3 active listings match your search: Multifamily for sale in Damariscotta, ME. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Workshop
    Mixed-Use Property with Workshop

    710 Bristol Road, Bristol, ME 04539

    $725,000
    2,700 sqft 5.10 AC lot

    Two separate apartments sit above a garage and workshop, with individual utility systems serving each space.

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    Renovated Barn Mixed-Use Property
    Renovated Barn Mixed-Use Property

    17 Dodge Road, Edgecomb, ME 04556

    $1,700,000
    20,979 sqft 10.00 AC lot

    Includes a renovated barn, three apartments, and two entrances supporting varied commercial and residential uses.

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    Renovated Mixed-Use Property with Workshop
    Renovated Mixed-Use Property with Workshop

    710 Bristol Rd, Bristol, ME 04539

    $725,000
    2,700 sqft 5.10 AC lot

    Two one-bedroom apartments sit above a high-ceiling garage/workshop with separate building systems.

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    Waterfront Short-Term Rental Efficiencies
    Waterfront Short-Term Rental Efficiencies

    306 Eddy Road, Edgecomb, ME 04556

    $335,000
    891 sqft

    Two furnished efficiency units offer private balconies, river views, and shared waterfront and dock access.

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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.

    Augusta Buildable Lot For Sale
    Augusta Buildable Lot For Sale

    214 Mount Vernon Avenue, Augusta, ME 04330

    $49,900
    0.36 AC lot

    0.36 acre lot with public utilities, mobile homes allowed.

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    Damariscotta, ME Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Damariscotta, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,775 square feet of properties for sale, with an estimated market value of $2,685,000.

    Sale prices for multifamily properties in Damariscotta, ME average $895,000 — 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

    Quadplexes 3

    Demographics Overview

    Population 2,249
    Population Growth (5Y) +10.9%
    Median Household Income $59,659
    College Educated 58.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04543 $895K

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $31.33 per SF
    Tax Rate vs County Average 0.39 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Featured Damariscotta Real Estate Agencies

    Realmo connects you with licensed Damariscotta CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Newcastle Square Realty Associates
    87 Main Street, P.O. Box 877 Damariscotta, ME 04543
    Phone: (207) 563-1003
    www.mainecoastproperties.com
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