Multifamily

Palmyra, ME Multifamily Properties for Sale

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Mixed-Use Property with Storefront
Updated: Oct 29, 2024
Mixed-Use Property with Storefront

868 Main Street, Palmyra, ME 04965

$99,000
0.50 AC lot
2‑bedroom, 1‑bath second‑floor apartment with laundry hookups
Ground‑floor storefront with additional rooms and a half bathroom
1/2‑acre lot on Route 2 in Palmyra
Ample parking and roadway exposure
Built in 1989
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Palmyra, 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.

Duplex with Ground-Floor Commercial Space
Duplex with Ground-Floor Commercial Space

49 Main Street, Hartland, ME 04943

$120,000
3,500 sqft 0.25 AC lot

Two residential rental units plus adaptable ground-floor commercial space on a 0.25-acre lot in Hartland, Maine.

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Mixed-Use Duplex with Commercial Space
Mixed-Use Duplex with Commercial Space

49 Main Street, Hartland, ME 04943

$120,000
3,500 sqft 0.25 AC lot

Ground-level adaptable commercial space plus two residential rental units with laundry hookups, on a 0.25-acre lot.

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Triplex with Attached Barn
Triplex with Attached Barn

135 Cross Street, Pittsfield, ME 04967

$219,900
2,500 sqft 0.20 AC lot

Victorian triplex with three units, heat pumps, decks and porches, and off-street parking on public water and sewer.

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Modern Duplex with Two-Bedroom Units
Modern Duplex with Two-Bedroom Units

155 Estelle Street, Pittsfield, ME 04967

$499,000
1,740 sqft

Built in 2021, this duplex features two-bedroom units, each with a full bathroom and a one-car garage.

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Palmyra, ME Multifamily Properties Market Trends and Statistics

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

Sale prices for multifamily properties in Palmyra, ME average $99,000 — 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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Demographics Overview

Population 2,150
Population Growth (5Y) +4.0%
Median Household Income $49,261
College Educated 23.7%

Taxes & Financing

Tax Rate (average for all types) 1.10%
Tax Rate vs County Average 0.66 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Somerset County

New Delisted

Total CRE Inventory on Market (SF)

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