Multifamily

Grand Isle, ME Multifamily Properties for Sale

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Madawaska, ME Saint Agatha, ME Frenchville, ME Sinclair, ME Van Buren, ME Cyr Plt, ME Fort Kent, ME Stockholm, ME
3-Unit Lodge with Loft Sleeping
Updated: Nov 7, 2025
3-Unit Lodge with Loft Sleeping

95 Morneault Road, Grand Isle, ME 04746

$185,000
1,980 sqft 1.40 AC lot
Cape Cod‑style wood frame property built in 1999 with metal roof
3‑unit former lodge with 4 bedrooms and 3 baths, plus 3 lofts with additional sleeping areas
1st floor bedroom and multiple bathrooms for flexible lodging or rental use
Lake and stream waterfront features, with public water and public sewer
Forced air and oil heating with zoned baseboard hot water heat
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Grand Isle, 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.

Three-Unit Residential Income Property
Three-Unit Residential Income Property

432-434 E Main Street, Madawaska, ME 04756

$135,000
1,224 sqft 0.11 AC lot

Three-unit property at 432-434 E Main Street with potential to add two more units with some work.

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Fort Kent Income Property
Fort Kent Income Property

188 S Perley Brook Road, Fort Kent, ME 04743

$175,000
2,590 sqft 0.60 AC lot

Four-unit apartment building in a quiet neighborhood, close to town.

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Mixed-Use Building with Commercial Space
Mixed-Use Building with Commercial Space

272 East Main Street, Madawaska, ME 04756

$250,000
4,177 sqft

Multi-family building offering apartments plus office/retail and garage space.

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Four-Unit Apartment Building
Four-Unit Apartment Building

188 South Perley Brook Road, Fort Kent, ME 04743

$175,000
2,590 sqft

Four-unit rental building with an open side lot for parking and Section 8 approval near town and trails.

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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.

Residential Lot in Presque Isle
Residential Lot in Presque Isle

38 Elizabeth Street, Presque Isle, ME 04769

Contact for pricing
0.29 AC lot

In-town lot with public utilities, mobile homes permitted.

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Residential Building Lot with Gravel Driveway
Residential Building Lot with Gravel Driveway

Cone Road lot: #2, Amity, ME 04471

Contact for pricing
2.02 AC lot

2.02-acre building site includes a new gravel driveway and pad, with soil testing completed during subdivision creation.

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Partially Cleared Lot in Lagrange
Partially Cleared Lot in Lagrange

Country Lane, Lagrange, ME 04453

Contact for pricing
1.73 AC lot

1.73 acre lot suitable for mobile homes, near trails.

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Greenbush Land with Septic System
Greenbush Land with Septic System

638 Greenfield Road, Greenbush, ME 04418

$65,000
2.00 AC lot

Two-acre lot with well, septic, power, and driveway.

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Grand Isle, ME Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Grand Isle, ME on our real estate platform. These investment opportunities span a total of 1,980 square feet of properties for sale, with an estimated market value of $185,000.

Sale prices for multifamily properties in Grand Isle, ME average $185,000 — 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

Short term rental properties 1
Triplexes 1

Demographics Overview

Population 416
Population Growth (5Y) -3.0%
Median Household Income $34,167
College Educated 14.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04746 $185K

Taxes & Financing

Tax Rate (average for all types) 1.04%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Aroostook County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Aroostook County

Retail

Office

Residential Income

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