Multifamily

Sullivan, ME Multifamily Properties for Sale

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Sorrento, ME Hancock, ME Franklin, ME Lamoine, ME Eastbrook, ME Gouldsboro, ME Bar Harbor, ME Winter Harbor, ME
Renovated Coastal Duplex
Updated: Sep 9
Renovated Coastal Duplex

7 Wharf Road, Sullivan, ME 04664

$539,000
1,800 sqft
1,800‑square‑foot duplex in Sullivan, Maine
Extensively renovated in 2020
Built in 1992
Water views from the property
History of both short‑term and long‑term rental use
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Four-Unit Colonial Quadplex
Updated: Jul 21
Four-Unit Colonial Quadplex

86 Grange Hall Road, Sullivan, ME 04664

$295,000
3,599 sqft 1.70 AC lot
Four apartment units in an 1820 Colonial
Approximately 3,599 square feet of finished space on approximately 1.70 acres
Unit 4 includes a separate one‑bedroom apartment with private kitchen and full bath
Long‑term tenants currently occupy the apartments
Coin‑operated basement laundry shared by tenants
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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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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Sullivan, 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.

5-Unit Apartment Building
5-Unit Apartment Building

465 Main Street, Gouldsboro, ME 04607

$598,000
2,546 sqft 0.80 AC lot

Renovated, furnished residential income property with ocean frontage, private well, and private septic systems.

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Triplex with Updated Interiors
Triplex with Updated Interiors

50 Greeley Avenue, Bar Harbor, ME 04609

$795,000
1,856 sqft 0.06 AC lot

Three apartments offer flexible occupancy options in Bar Harbor village, with decks, off-street parking, and Downtown Residential zoning.

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Two-Unit Duplex with Deck
Two-Unit Duplex with Deck

78 Ledgelawn Avenue, Bar Harbor, ME 04609

$720,000
1,200 sqft 0.03 AC lot

Each residence includes furnishings, a bedroom, a bathroom, and private exterior space.

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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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Sullivan, ME Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Sullivan, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,998 square feet of properties for sale, with an estimated market value of $1,129,000.

Sale prices for multifamily properties in Sullivan, ME start at $295,000, averaging $376,333, and reaching up to $539,000 — 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
Duplexes 1
Short term rental properties 1

Demographics Overview

Population 1,240
Population Growth (5Y) -7.7%
Median Household Income $59,318
College Educated 34.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04664 $376.3K

Taxes & Financing

Tax Rate (average for all types) 1.31%
Tax Rate vs County Average 0.23 pp above county avg
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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