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    Old Town, ME Multifamily Properties for Sale

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    Bradley, ME Milford, ME Orono, ME
    Old Town Two-Unit Investment Property
    $250,000
    3,168 SF
    Old Town Two-Unit Investment Property

    371 Main Street, Old Town, ME 04468

    Two-unit property in Old Town near downtown and University of Maine.
    • Prime Old Town location: Walkable to downtown restaurants, shops, and waterfront park.
    • Investment opportunity: Two‑unit property with potential for rental income.
    • Proximity to University of Maine: Convenient access to the Orono campus (3.2 miles).
    • Newer roof and natural gas heating system.
    • Unique architectural details: Features 5 fireplaces, sunroom, attic rooms, and a brick barrel vault.
    Updated: May 16
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    Rehabbed Duplex Near University of Maine
    $304,000
    1,500 SF
    Rehabbed Duplex Near University of Maine

    916 Main Street, Old Town, ME 04468

    Fully renovated duplex, ideal for homeowners or investors near campus.
    • Fully rehabbed duplex, rebuilt to the studs with modern, efficient living spaces.
    • Potential for FHA/CONV/VA financing, ideal for owner‑occupancy and offsetting mortgage costs through rental income.
    • Located minutes from the University of Maine, ensuring a strong and consistent rental market.
    • Each unit features updated kitchens, stylish bathrooms, and fresh finishes throughout.
    • Spray foam insulation and electric baseboard heat for efficient utility costs and year‑round comfort.
    Updated: May 26
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    Old Town Duplex: Income Opportunity
    $339,900
    0.37 Acres
    Old Town Duplex: Income Opportunity

    Well-maintained duplex near University of Maine, ideal for investors.

    28 Abbott Street, Old Town, ME 04468

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    Old Town Multi-Unit Residential Property
    $395,000
    0.31 Acres
    Old Town Multi-Unit Residential Property

    Three-unit property near University of Maine, ideal for investors.

    543 Main Street, Old Town, ME 04468

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    Old Town Three-Unit Property
    $395,000
    2,854 SF
    Old Town Three-Unit Property

    Three-unit property near University of Maine, ideal for investors.

    543 Main Street, Old Town, ME 4468

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Old Town, 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.

    Orono Duplex with Commercial Zoning
    $249,900
    4,104 SF
    Orono Duplex with Commercial Zoning

    Spacious duplex in Orono's heart, zoned commercial, near University.

    7 Forest Avenue, Orono, ME 04473

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    Bangor Duplex: Investor or Owner
    $270,000
    1,505 SF
    Bangor Duplex: Investor or Owner

    Two-unit property near hospitals, schools, and downtown Bangor.

    178 Birch Street, Bangor, ME 04401

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    Orono Duplex Near University of Maine
    $277,000
    1,656 SF
    Orono Duplex Near University of Maine

    Spacious duplex in downtown Orono, near University of Maine.

    3 Park Street, Orono, ME 04473

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    Victorian Duplex with Separate Entrances
    $369,900
    2,543 SF
    Victorian Duplex with Separate Entrances

    Well-maintained two-unit Victorian duplex with separate entrances and original woodwork across two full floors.

    210 Forest Avenue, Bangor, ME 04401

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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.

    Greenbush Land with Septic System
    $65,000
    2.00 Acres
    Greenbush Land with Septic System

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

    638 Greenfield Road, Greenbush, ME 04418

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    Partially Cleared Lot in Lagrange
    Contact for pricing
    1.73 Acres
    Partially Cleared Lot in Lagrange

    1.73 acre lot suitable for mobile homes, near trails.

    Country Lane, Lagrange, ME 04453

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    Lamoine Land for Coastal Living
    $59,000
    2.06 Acres
    Lamoine Land for Coastal Living

    2.06-acre parcel near Acadia National Park, ideal for building.

    M1 L81-11 Asa's Lane, Lamoine, ME 04605

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    Residential Land in Bucksport, ME
    $40,000
    1.04 Acres
    Residential Land in Bucksport, ME

    Residential land available in Bucksport, Maine.

    Russell Hill Road lot: #2, Bucksport, ME 04416

    View details

    Old Town, ME Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Old Town, ME, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 7,522 square feet of properties for sale, with an estimated market value of $949,000.

    Sale prices for multifamily properties in Old Town, ME start at $250,000, averaging $316,333, and reaching up to $395,000 — 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

    Duplexes 3
    Triplexes 2

    Demographics Overview

    Population 9,163
    Population Growth (5Y) +0.1%
    Median Household Income $51,063
    College Educated 49.9%

    High-Yield Neighborhoods for Investment

    Identify Old Town submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    04468 $336.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.72%
    Property Tax per SF $24.43 per sq ft
    Average Loan-to-Value 65.0%

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