Multifamily

Sorrento, ME Multifamily Properties for Sale

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Sullivan, ME Hancock, ME Gouldsboro, ME Bar Harbor, ME Lamoine, ME Franklin, ME Winter Harbor, ME Eastbrook, ME
Duplex Property with Garage Apartment
Updated: Aug 8
Duplex Property with Garage Apartment

400A E Side Road, Sorrento, ME 04677

$460,000
3,417 sqft 2.90 AC lot
4‑bedroom, 2,520‑square‑foot primary home with three floors
897‑square‑foot, 2‑bedroom apartment above a detached garage
Detached 32'x28' garage accommodates two vehicles
2.9‑acre property with ocean frontage
More than 500 square feet of unfinished room space in the main home
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sorrento, 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.

Renovated Five-Unit Apartment Building
Renovated Five-Unit Apartment Building

465 Main St, Gouldsboro, ME 04607

$598,000
2,546 sqft

Furnished units support residential income use near Acadia National Park’s Schoodic District and Maine’s coastal recreation areas.

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Four-Unit Colonial Quadplex
Four-Unit Colonial Quadplex

86 Grange Hall Road, Sullivan, ME 04664

$295,000
3,599 sqft 1.70 AC lot

Occupied apartments, shared laundry, private parking, and a separate one-bedroom apartment create a flexible residential income property.

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Historic Four-Unit Colonial
Historic Four-Unit Colonial

86 Grange Hall Rd, Sullivan, ME 04664

$295,000
3,599 sqft 1.70 AC lot

Occupied apartments include a partially rented unit with a private kitchen, full bath, and attached garage access.

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Updated 5-Unit Apartment Building
Updated 5-Unit Apartment Building

763 S Gouldsboro Road, Gouldsboro, ME 04607

$529,000
3,465 sqft

Updated apartments feature separately metered utilities and shared basement laundry.

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Sorrento, ME Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Sorrento, ME on our real estate platform. These investment opportunities span a total of 3,417 square feet of properties for sale, with an estimated market value of $460,000.

Sale prices for multifamily properties in Sorrento, ME average $460,000 — 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 322
Population Growth (5Y) -1.5%
Median Household Income $76,250
College Educated 77.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04677 $485K

Taxes & Financing

Average Loan-to-Value 65.0%

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

Office

Residential Income

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