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    Medway, ME
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    Medway, ME Multifamily Properties for Sale

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    East Millinocket, ME Molunkus Twp, ME Millinocket, ME Mattawamkeag, ME Woodville, ME Winn, ME Macwahoc Plt, ME Lincoln, 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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Victorian Triplex with Owner’s Residence
    Victorian Triplex with Owner’s Residence

    10 High Street, Milo, ME 04463

    $239,000
    2,328 sqft 0.48 AC lot

    Three-unit configuration includes a primary residence and two apartments with separate outdoor entrances.

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    Milo Colonial Multifamily Property
    Milo Colonial Multifamily Property

    28 Pleasant Street, Milo, ME 04463

    $160,000
    1,950 sqft 1.25 AC lot

    Multifamily residential property in Milo, Maine, with 1.25-acre lot.

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    Updated Duplex with 2BR Units
    Updated Duplex with 2BR Units

    68 Prospect Street, Millinocket, ME 04462

    $210,000
    2,000 sqft

    Well-maintained duplex with two 2-bedroom, one-bath apartments and spacious living areas, presented in good condition.

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    Multi-Family Investment Property
    Multi-Family Investment Property

    52 Central St, Millinocket, ME 04462

    Contact for pricing

    Seven-unit multifamily property with new roof and vinyl siding completed in 2021, with initial renovation work underway.

    View details

    Medway, ME Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Medway, ME on our real estate platform.

    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 1

    Demographics Overview

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

    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)

    Average Property Price per SF

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

    Retail

    Office

    Residential Income

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