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    Sanford, ME
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    Sanford, ME Multifamily Properties for Sale

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    North Berwick, ME Alfred, ME Lyman, ME Wells, ME Kennebunk, ME Shapleigh, ME Berwick, ME Arundel, ME
    6 properties
    Duplex with Detached Garage
    Updated: Jun 24
    Duplex with Detached Garage

    3 Montreal Street, Sanford, ME 04073

    $434,000
    2,389 sqft 0.16 AC lot
    Two‑unit multi‑family home at 3 Montreal Street with two 3‑bedroom, 1‑bath units
    Over 2,100 sq ft of living space per public remarks
    Detached garage on the property
    Built in 1914 with vinyl flooring and oil/baseboard heating
    Public utilities: public water and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    3 Montreal Street, Sanford, ME 04073

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $37K
      Annual

    • Price @ 7% Cap

      $527K
      Above asking

    • Property Type

      Duplex
      Built 1914
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    Two-Unit Duplex with Separate Utilities
    Updated: Jul 15
    Two-Unit Duplex with Separate Utilities

    22 Thompson Street, Sanford, ME 04073

    $289,900
    1,296 sqft 0.08 AC lot
    Duplex with two 1‑bedroom units and separate utilities
    Each unit has its own electricity, heating, and hot water systems
    Full basement with laundry hookups
    Paved off‑street parking
    Built in 1920; wood frame with vinyl siding and a shingle roof
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    Renovated Duplex with Vacant Unit
    Renovated Duplex with Vacant Unit

    6 Harris Street, Sanford, ME 04083

    $374,900
    1,652 sqft 0.10 AC lot

    Extensively updated duplex with Unit B vacant for immediate occupancy and documented system improvements.

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    Mixed-Use Investment Opportunity
    Mixed-Use Investment Opportunity

    446 Main St, Sanford, ME 04083

    $479,900
    4,048 sqft

    Mixed-use building with commercial space and apartments in downtown.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Classic Sanford Duplex Opportunity
    Classic Sanford Duplex Opportunity

    91 Brook Street, Sanford, ME 04073

    $300,000
    1,768 sqft 5,663.00 AC lot

    Over-under duplex with rental income potential in Sanford, Maine.

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    Spacious Duplex on Corner Lot
    Spacious Duplex on Corner Lot

    55 Tanguay Street, Sanford, ME 04073

    $475,000
    2,370 sqft

    Well-maintained two-unit property with four bedrooms each, near downtown.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 6 Active listings in Sanford, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, 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.

    Triplex with River Frontage
    Triplex with River Frontage

    1597 Sanford Road, Wells, ME 04090

    $679,000
    3,769 sqft 1.99 AC lot

    Three homes on one lot, including one rented single-wide and two additional units with river views.

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    2-Family Ranch with Detached Garages
    2-Family Ranch with Detached Garages

    321 N Berwick Road, Wells, ME 04090

    $674,900
    3,121 sqft 1.50 AC lot

    Well-maintained 2-family ranch with detached garages, separate laundry areas, and multiple propane and central air options.

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    Renovated Multifamily Apartment Building
    Renovated Multifamily Apartment Building

    545 & 547 White Mountain Highway, Milton, NH 03851

    $1,149,900
    5,237 sqft

    Renovated apartment building with updated roofs, newer windows, two new heating systems, and unit upgrades including in-unit washer/dryer hookups.

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    Duplex with Separate Utilities
    Duplex with Separate Utilities

    545 White Mountain Highway, Milton, NH 03851

    $425,000
    2,387 sqft

    Two-unit income property with split utilities and easy-maintenance finishes, currently described with an 11.8% cap rate.

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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.

    Wooded Land in Gorham, Maine
    Wooded Land in Gorham, Maine

    30 Boreal Drive, Gorham, ME 04038

    $425,000
    5.46 AC lot

    5+ acre wooded parcel near Gorham's downtown.

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    Residential Development Land with Ranch
    Residential Development Land with Ranch

    358 Roller Coaster Road, Laconia, NH 03246

    $1,195,000
    40.59 AC lot

    Surveyed for future subdivision of multiple home lots, with a 1998 2-bed, 2-bath ranch on site.

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    Residential Land in Rural Setting
    Residential Land in Rural Setting

    Lot 26C Jennings Road, Leeds, ME 04263

    $69,000
    307,098.00 AC lot

    7.05-acre lot in Leeds, Maine, ready for home plans.

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    No-Zoning Land with Sand Deposits
    No-Zoning Land with Sand Deposits

    lovejoy brook Road, Canaan, NH 03784

    $1,900,000
    201.00 AC lot

    Large Canaan acreage offering no-zoning flexibility and sand and gravel deposits for a variety of development concepts.

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    Off-Market Properties in Sanford, ME

    Consider similar Off-Market properties in Sanford, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    165 Bernier Rd
    CAMPGROUND, RV PARK

    165 Bernier Rd, Sanford, ME 04073-5932

    Value Estimation by Request
    2,016 sqft 65.50 AC lot
    View details
    149 Sand Pond Rd
    CAMPGROUND, RV PARK

    149 Sand Pond Rd, Sanford, ME 04073-5133

    $580,000
    Estimated value
    3,264 sqft 45.36 AC lot
    View details
    16 Railroad Ave
    Multifamily properties

    16 Railroad Ave, Sanford, ME 04083

    Value Estimation by Request
    2,442 sqft
    View details
    51 Tanguay St
    Multifamily properties

    51 Tanguay St, Sanford, ME 04073

    Value Estimation by Request
    3,474 sqft
    View details

    Sanford, ME Multifamily Properties Market Trends and Statistics

    Explore 10 multifamily properties for sale in Sanford, ME, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 13,523 square feet of properties for sale, with an estimated market value of $2,368,800.

    Sale prices for multifamily properties in Sanford, ME start at $300,000, averaging $394,800, and reaching up to $479,900 — 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

    Duplexes 5
    Apartment buildings 2

    Demographics Overview

    Population 17K
    Population Growth (5Y) +6.6%
    Median Household Income $69,135
    College Educated 26.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Sanford $380.6K
    Springvale $451.6K

    Taxes & Financing

    Tax Rate (average for all types) 1.54%
    Property Tax per SF $30.39 per SF
    Tax Rate vs County Average 0.35 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in York County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Sanford fall within the 100,000+ square foot range.

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