Multifamily

Farmington, ME Multifamily Properties for Sale

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Mixed-Use Medical Office and Residence
Updated: May 20
Mixed-Use Medical Office and Residence

128 Middle Street, Farmington, ME 04938

$485,000
3,698 sqft 0.27 AC lot
Generates over $34,000 annually in net proceeds, with an increase projected for 2026
Mixed‑use setup: first floor physical therapy practice; second floor features a 4‑bedroom, 1‑bath unit with on‑site laundry
First floor includes a reception and waiting area, bathroom, five exam rooms, physical therapy space, lab space, and administrative/therapist offices
Parking includes a paved private driveway to a large, paved parking lot plus on‑street parking
Utilities: public water and public sewer; roof is metal with wood‑frame construction and vinyl siding
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Two-Unit Residential Income Property
Updated: Jun 27
Two-Unit Residential Income Property

119 Town Farm Road, Farmington, ME 04938

$169,000
2,000 sqft 0.55 AC lot
Two‑family property in need of complete rehab; second unit requires full renovation
Year built 1850
Wood frame construction with vinyl siding
Metal roof
Public water and public sewer
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Two-Unit Residential Income Property
Two-Unit Residential Income Property

119 Town Farm Road, Farmington, ME 04938

$198,700
2,000 sqft

Two-unit property being sold for complete rehab, with one unit in need of a full do-over.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 3 Active listings in Farmington, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, 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.

Four-Unit Residential Rental Property
Four-Unit Residential Rental Property

85-87 Church Street, Livermore Falls, ME 04254

$340,000
4,873 sqft 0.55 AC lot

Four-unit rental property featuring one building with three units and a detached four-bedroom unit.

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Three-Unit Multifamily Investment
Three-Unit Multifamily Investment

12 Davis Court, Wilton, ME 04294

$135,000
1,470 sqft 0.49 AC lot

Cape-style three-unit multifamily property with two 1-bedroom units and one 2-bedroom unit, plus on-site parking.

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Two-Unit Duplex Investment
Two-Unit Duplex Investment

721 Main Street, Wilton, ME 04294

$129,000
1,428 sqft 0.20 AC lot

Two-unit duplex with two bedrooms per unit, sold as-is and currently requiring roof and cosmetic flooring updates.

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Four-Unit Income Property
Four-Unit Income Property

85-87 Church Street, Livermore Falls, ME 04254

$350,000
4,873 sqft

Four-unit rental property near town, offering income potential.

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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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Augusta Land For Sale
Augusta Land For Sale

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

$99,000
14.63 AC lot

14.63 acre lot in Augusta's Rural Village Zoning.

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Commercial Land Parcel with Route Frontage
Commercial Land Parcel with Route Frontage

2680 Route 3, Palermo, ME 04354

$69,000
6.20 AC lot

6.2-acre commercial parcel on Route 3 with shared driveway, suited for homes, lots, or business development.

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Wooded Land in Gorham, Maine
Wooded Land in Gorham, Maine

30 Boreal Drive, Gorham, ME 04038

$425,000
5.46 AC lot

5+ acre wooded parcel near Gorham's downtown.

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Off-Market Properties in Farmington, ME

Consider similar Off-Market properties in Farmington, 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.

338 Wilton Rd
BOARDING/ROOMING HOUSE

338 Wilton Rd, Farmington, ME 04938-6134

Value Estimation by Request
1,496 sqft 3.13 AC lot
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112 Narrow Gauge Sq
CAMPGROUND, RV PARK

112 Narrow Gauge Sq, Farmington, ME 04938-5824

Value Estimation by Request
3,066 sqft 0.09 AC lot
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586 Wilton Rd
CAMPGROUND, RV PARK

586 Wilton Rd, Farmington, ME 04938-6137

Value Estimation by Request
2,956 sqft 0.72 AC lot
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383 Wilton Rd
CAMPGROUND, RV PARK

383 Wilton Rd, Farmington, ME 04938-6124

Value Estimation by Request
2,224 sqft 0.46 AC lot
View details

Farmington, ME Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Farmington, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,698 square feet of properties for sale, with an estimated market value of $852,700.

Sale prices for multifamily properties in Farmington, ME start at $169,000, averaging $284,233, and reaching up to $485,000 — 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 2

Demographics Overview

Population 10K
Population Growth (5Y) +5.2%
Median Household Income $54,281
College Educated 45.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04938 $379.7K

Taxes & Financing

Tax Rate (average for all types) 1.99%
Property Tax per SF $48.82 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

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