Multifamily

Medway, ME Multifamily Properties for Sale

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East Millinocket, ME Millinocket, ME Molunkus Twp, ME Mattawamkeag, ME Woodville, ME Winn, ME Lincoln, ME Macwahoc Plt, ME
Waterfront Land with River Frontage
Updated: Jul 13
Waterfront Land with River Frontage

Old Farm Road lot: 19B, Medway, ME 04460

$154,900
5.20 AC lot
5.2‑acre waterfront parcel in Medway with about 400 ft of frontage on the West Branch of the Penobscot River
State‑approved for up to 4 mobile home sites
Includes 2 existing tenant‑owned homes on a month‑to‑month lot lease generating monthly income
Flexible residential/commercial zoning
Water source: well; sewer: private sewer
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Waterfront Land with Mobile Home Sites
Updated: Mar 5
Waterfront Land with Mobile Home Sites

Lot 19 Old Farm Road, Medway, ME 04460

$154,900
226,512 sqft
5.2‑acre waterfront parcel in Medway
Approximately 400 feet of frontage on the West Branch of the Penobscot River
Residential and commercial zoning
State‑approved for up to 4 mobile home sites
Two tenant‑owned homes on month‑to‑month lot leases
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Medway, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Five-Unit Apartment Building
Five-Unit Apartment Building

8 Prince Street, Lincoln, ME 04457

$880,000
6,100 sqft 0.57 AC lot

Five apartments have private decks, and residents share a dock on Mattanawcook Pond.

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Mixed-Use Property with Storefront
Mixed-Use Property with Storefront

101 Main St, East Millinocket, ME 04430

$139,000
4,000 sqft 0.19 AC lot

Two buildings combine ground-floor retail, an upstairs residence, and a duplex renovation project.

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Live-Work Mixed-Use Property
Live-Work Mixed-Use Property

101 Main Street, East Millinocket, ME 04430

$139,000
4,000 sqft 0.19 AC lot

Main Street commercial/residential offering with two buildings, a residence, storefront, duplex conversion, and substantial outbuilding.

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Five-Unit Apartment Building with Shared Dock
Five-Unit Apartment Building with Shared Dock

8 Prince St, Lincoln, ME 04457

$880,000
6,100 sqft

Five apartments offer private decks, with shared dock access on Mattanawcook Pond.

View details

Medway, ME Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Medway, ME on our real estate platform. These investment opportunities span a total of 226,512 square feet of properties for sale, with an estimated market value of $309,800.

Sale prices for multifamily properties in Medway, ME average $154,900 — 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

Mobile home & RV parks 2

Demographics Overview

Population 1,144
Population Growth (5Y) -6.5%
Median Household Income $46,125
College Educated 10.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04460 $154.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Penobscot County

New Delisted

Total CRE Inventory on Market (SF)

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