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Falmouth, ME Multifamily Properties for Sale

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Portland, ME Cumberland, ME Westbrook, ME

Falmouth Corner Lot Development Opportunity

$1,550,000

6,000 SF

Falmouth Corner Lot Development Opportunity

82 Gray & 59 Leighton Road, Falmouth, ME 04105

Prime corner lot near turnpike exit with development potential.

Prime corner lot in Falmouth, highly visible and near Maine Turnpike Exit 53.
Development opportunity for multi‑unit residential, restaurant, office, or retail uses (pending approvals).
Partially finished 4,000+ SF Insulated Concrete Form (ICF) building with two floors, a full basement, and truck drive‑in access.
Two separate lots sold together, each with its own driveway entrance and approval for additional access.
Serviced by public water and sewer.

Updated: Mar 8

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$1,200,000

2,400 SF

Restored Mill Multifamily Property

21 Mill Road, Falmouth, ME 04105

Unique property with main dwelling, ADU, and guest quarters.

Unique restored mill property on the Piscataqua River.
Includes a main dwelling, ADU, and separate guest quarters.
Close proximity to I‑95, schools, and golf courses.
Features an in‑law apartment.
Includes a deck and patio.

Updated: Apr 17

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Falmouth, 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.

$750,000

2,858 SF

Westbrook Triplex with Upside Potential

Fully occupied 3-unit building in Downtown Westbrook with upgrades.

383 Main Street, Westbrook, ME 04092

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$625,000

2,910 SF

Mixed-Use Building in Downtown Portland

Mixed-use building with storefront and apartment in downtown Portland.

1435 Forest Avenue, Portland, ME 04103

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$625,000

2,910 SF

Mixed-Use Building in Downtown Portland

Mixed-use building with storefront and apartment in downtown Portland.

1435 Forest Avenue, Portland, ME 4103

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Westbrook Two-Unit Property with Potential

$325,000

3,051 SF

Westbrook Two-Unit Property with Potential

Legal two-unit property with historical significance and income potential.

84 Hillside Road, Westbrook, ME 4092

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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.

$425,000

5.46 Acres

Wooded Land in Gorham, Maine

5+ acre wooded parcel near Gorham's downtown.

30 Boreal Drive, Gorham, ME 04038

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$69,000

307,098.00 Acres

Residential Land in Rural Setting

7.05-acre lot in Leeds, Maine, ready for home plans.

Lot 26C Jennings Road, Leeds, ME 04263

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$99,000

14.63 Acres

Augusta Land For Sale

14.63 acre lot in Augusta's Rural Village Zoning.

Map 15 Lot 6C Spring Road, Augusta, ME 04330

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$49,900

0.36 Acres

Augusta Buildable Lot For Sale

0.36 acre lot with public utilities, mobile homes allowed.

214 Mount Vernon Avenue, Augusta, ME 04330

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Falmouth, ME Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Falmouth, ME on our real estate platform. These investment opportunities span a total of 8,400 square feet of properties for sale, with an estimated market value of $2,750,000.

Sale prices for multifamily properties in Falmouth, ME start at $1,200,000, averaging $1,375,000, and reaching up to $1,550,000 — 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 13K

Population Growth (5Y) +6.4%

Median Household Income $131,833

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
04105	$1.4M

Taxes & Financing

Tax Rate (average for all types) 1.28%

Property Tax per SF $35.05 per sq ft

Tax Rate vs County Average 0.24 pp below county avg

Average Loan-to-Value 65.0%

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Falmouth, ME Multifamily Properties for Sale