Multifamily

Patten, ME Multifamily Properties for Sale

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Mount Chase, ME Crystal, ME Smyrna Mills, ME Hersey, ME Sherman, ME Silver Ridge Twp, ME Island Falls, ME Oakfield, ME
Four-Unit Multifamily Property
Updated: Aug 23
Four-Unit Multifamily Property

135 North Road, Patten, ME 04765

$249,000
2,297 sqft 0.92 AC lot
Four residential units within a 2,297‑square‑foot building
0.92‑acre property at 135 North Road, Patten, ME 04765
Unit mix includes one- and two‑bedroom residences plus a one‑bedroom efficiency
Two‑car garage with one bay converted to a screened‑in patio
Private well and private septic tank
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Four-Unit Recreational Quadplex
Updated: Aug 25
Four-Unit Recreational Quadplex

135 North Rd, Patten, ME 04765

$249,000
2,297 sqft 1.00 AC lot
Four‑unit multifamily property totaling 2,297 SF
Built in 1990 on approximately one acre
Unit mix includes two one‑bedroom units and two two‑bedroom units
Owner occupancy combined with rental use across the remaining three units
Private water, septic, power, and year‑round access
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See hot listings in Patten

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Patten, 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.

Seven-Unit Victorian Apartment Building
Seven-Unit Victorian Apartment Building

20 High Street, Houlton, ME 04730

$265,000
5,000 sqft 0.44 AC lot

Victorian-style property with decks, balconies, laundry facilities, off-street parking, and public water and sewer.

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7-Unit Apartment Building
7-Unit Apartment Building

20 High St, Houlton, ME 04730

$265,000
5,000 sqft 0.44 AC lot

Victorian-style multifamily property with balconies, open decks, on-site parking, and laundry facilities.

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Waterfront Land with Mobile Home Sites
Waterfront Land with Mobile Home Sites

Lot 19 Old Farm Road, Medway, ME 04460

$154,900
226,512 sqft

Residential and commercial zoning supports approved mobile home sites, with two tenant-owned homes currently on month-to-month lot leases.

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Waterfront Land with River Frontage
Waterfront Land with River Frontage

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

$154,900
5.20 AC lot

5.2-acre waterfront parcel with approximately 400 feet of frontage on the West Branch of the Penobscot River.

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Patten, ME Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Patten, ME on our real estate platform. These investment opportunities span a total of 4,594 square feet of properties for sale, with an estimated market value of $498,000.

Sale prices for multifamily properties in Patten, ME average $249,000 — 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

Quadplexes 2
Short term rental properties 2

Demographics Overview

Population 1,452
Population Growth (5Y) +35.7%
Median Household Income $47,269
College Educated 30.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04765 $249K

Taxes & Financing

Tax Rate (average for all types) 1.36%
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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