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    Farmingdale, ME
    Multifamily

    Farmingdale, ME Multifamily Properties for Sale

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    Randolph, ME Gardiner, ME Chelsea, ME Pittston, ME Hallowell, ME Augusta, ME West Gardiner, ME Litchfield, ME
    Mixed-Use Building with Commercial Space
    Updated: Apr 12, 2024
    Mixed-Use Building with Commercial Space

    646 Maine Avenue, Farmingdale, ME 04344

    $320,000
    Four apartment units plus additional commercial space
    One apartment and the commercial space are currently rented; three apartments are vacant
    Each apartment has its own electric meter and includes appliances
    Commercial zoning
    Built in 1900
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    See hot listings in Farmingdale

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Multifamily for sale in Farmingdale, ME. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 1 land listing with development potential.

    Opportunities in Nearby Cities

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

    Victorian Duplex with Period Details
    Victorian Duplex with Period Details

    911 9 - 11 Summer St, Hallowell, ME 04347

    $680,000
    3,620 sqft

    Two separate residences combine historic character with updated kitchens and baths.

    View details
    7-Unit Apartment Building
    7-Unit Apartment Building

    17 Autumn Street, Gardiner, ME 04345

    $600,000
    4,564 sqft

    All residences are occupied, with off-street parking and a mix of one-, two-, and three-bedroom layouts.

    View details
    Riverfront 2-Unit Duplex
    Riverfront 2-Unit Duplex

    230 Water St, Hallowell, ME 04347

    $400,000
    2,240 sqft

    Two remodeled residences offer river views, a private deck, and a downtown setting near shops and restaurants.

    View details
    Updated 3-Unit Triplex
    Updated 3-Unit Triplex

    51 Spring Street, Gardiner, ME 04345

    $320,000
    2,683 sqft

    Recent improvements include a newer heating system, roof, water heater, windows, and remodeled kitchens.

    View details

    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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    Off-Market Properties in Farmingdale, ME

    Consider similar Off-Market properties in Farmingdale, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    705 Maine Ave
    Individual retail properties

    705 Maine Ave, Farmingdale, ME 04344

    Estimated value: by Request
    1,900 sqft 5.00 AC lot
    View details

    Farmingdale, ME Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Farmingdale, ME on our real estate platform.

    Sale prices for multifamily properties in Farmingdale, ME average $320,000 — 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 1

    Demographics Overview

    Population 3,001
    Population Growth (5Y) +2.9%
    Median Household Income $60,000
    College Educated 56.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kennebec County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Kennebec County

    Residential Income

    How Realmo verifies these figures

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