Multifamily

Penobscot, ME Multifamily Properties for Sale

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Castine, ME Orland, ME Brooksville, ME Blue Hill, ME Stockton Springs, ME Sedgwick, ME Verona Island, ME Bucksport, ME
Two-Unit Mobile Duplex with Studio
Updated: Jul 29
Two-Unit Mobile Duplex with Studio

26 Jenkins Road, Penobscot, ME 04476

$140,000
1,944 sqft 2.00 AC lot
2‑acre private lot
1970 single‑wide mobile home plus attached one‑bedroom, one‑bath studio
Vinyl windows and fully insulated exterior walls
Exterior: replaced plywood and cedar shingles, fresh paint, new window trim
Portions of Unit 2 stairs replaced with new railing
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Penobscot, 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.

Renovated 4-Unit Multifamily Building
Renovated 4-Unit Multifamily Building

185 W Main Street, Stockton Springs, ME 04981

$467,000
3,246 sqft 0.40 AC lot

Well-maintained four-unit building with renovated systems, coin-operated laundry, and multiple unit configurations.

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Two-Unit Live-Work Mixed-Use Building
Two-Unit Live-Work Mixed-Use Building

100 US Route 1, Bucksport, ME 04416

$269,000
2,168 sqft 0.50 AC lot

Two-unit live-work building with office and residential-ready layouts, expansive rooms, and three full levels.

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Well-Maintained Four-Unit Multifamily Building
Well-Maintained Four-Unit Multifamily Building

185 West Main Street, Stockton Springs, ME 04981

$475,000
3,246 sqft

Four-unit building with strong rental history, renovated in 2003.

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Historic Duplex
Historic Duplex

100 Us Route 1, Bucksport, ME 04416

$269,000

Commercially zoned duplex with office and residential configurations.

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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.

Commercial Land Parcel with Route Frontage
Commercial Land Parcel with Route Frontage

2680 Route 3, Palermo, ME 04354

$69,000
6.20 AC lot

6.2-acre commercial parcel on Route 3 with shared driveway, suited for homes, lots, or business development.

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Greenbush Land with Septic System
Greenbush Land with Septic System

638 Greenfield Road, Greenbush, ME 04418

$65,000
2.00 AC lot

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

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Partially Cleared Lot in Lagrange
Partially Cleared Lot in Lagrange

Country Lane, Lagrange, ME 04453

Contact for pricing
1.73 AC lot

1.73 acre lot suitable for mobile homes, near trails.

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Augusta Land For Sale
Augusta Land For Sale

Map 15 Lot 6C Spring Road, Augusta, ME 04330

$99,000
14.63 AC lot

14.63 acre lot in Augusta's Rural Village Zoning.

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Penobscot, ME Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Penobscot, ME on our real estate platform. These investment opportunities span a total of 1,944 square feet of properties for sale, with an estimated market value of $140,000.

Sale prices for multifamily properties in Penobscot, ME average $140,000 — 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

Duplexes 1

Demographics Overview

Population 1,127
Population Growth (5Y) -4.5%
Median Household Income $52,500
College Educated 43.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04476 $140K

Listings Trend

New vs delisted commercial listings in Hancock County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Retail

Office

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