Residential Income

Andover, ME Residential Income Properties for Sale

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Historic Mountain Resort Estate
Updated: Jul 21
Historic Mountain Resort Estate

10 South Arm Rd, Andover, ME 04226

$1,620,000
9,600 sqft 126.00 AC lot
9,600‑square‑foot estate situated on 126 acres in Western Maine
Main residence includes 16 bedrooms, 7 bathrooms, a formal dining room, and a Great Hall
Three‑season occupancy of up to 32 overnight guests with partial heating
Four‑season lodging for up to 12 overnight guests across 6 bedrooms
200‑amp electrical service and updated plumbing
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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 Active listings in Andover, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 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.

Ranch Duplex with In-Law Apartment
Ranch Duplex with In-Law Apartment

2139 Intervale Road, Bethel, ME 04217

$489,000
2,800 sqft 1.38 AC lot

Flexible two-unit layout with a first-floor primary bedroom, storage, and private well.

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Duplex with Flexible Layout
Duplex with Flexible Layout

2139 Intervale Road, Bethel, ME 04217

$489,000
2,800 sqft

Two-unit configuration supports owner occupancy, rental use, or adaptable single-family living.

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Fully Occupied Quadplex
Fully Occupied Quadplex

154 Essex Avenue, Rumford, ME 04276

$225,000
3,564 sqft

Fully occupied four-unit residential property with a three-bedroom and one-bedroom unit mix.

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Occupied Duplex With Two-Car Garage
Occupied Duplex With Two-Car Garage

429 Penobscot Street, Rumford, ME 04276

$125,000
2,012 sqft

Fully occupied residential property with two two-bedroom units and an attached two-car garage.

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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.

Gently Sloping Residential Building Lot
Gently Sloping Residential Building Lot

10 Merriman Drive, Bethel, ME 04217

$150,000
2.49 AC lot

Wooded, private lot in a covenanted subdivision with walk-out potential and convenient access to Bethel Village and Sunday River.

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Sumner, ME Wooded Land
Sumner, ME Wooded Land

M19 L6-6 Tuell Hill Road, Sumner, ME 04292

$47,500
2.00 AC lot

Two acres of wooded land near ski resorts.

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Wooded Rural Land
Wooded Rural Land

Success Road, Milan, NH 03588

$75,000
10.00 AC lot

Mostly wooded acreage with private access and rural zoning, suited to recreational or off-grid use.

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Residential Land with Outbuildings
Residential Land with Outbuildings

20 Kittridge Brook Road, West Paris, ME 04289

$180,000
15.00 AC lot

15-acre residentially zoned property with a well, septic system, driveway, barn, and multiple outbuildings.

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Off-Market Properties in Andover, ME

Consider similar Off-Market properties in Andover, 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.

Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$245,000
768 sqft 0.37 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$255,000
672 sqft 5.50 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$230,000
0.50 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$240,000
594 sqft 1.80 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$235,000
21.00 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$230,000
408 sqft 5.20 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$240,000
129.00 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
No data
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$245,000
102.00 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$235,000
294 sqft 0.50 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$245,000
918 sqft 50.60 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$250,000
960 sqft 5.40 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$245,000
520 sqft 11.00 AC lot
View details
Andover, ME 04216
CAMPGROUND, RV PARK

Andover, ME 04216

Estimated value:
$240,000
195 sqft 150.00 AC lot
View details

Andover, ME Residential Income Properties Market Trends and Statistics

Explore 15 residential income properties for sale in Andover, ME on our real estate platform. These investment opportunities span a total of 9,600 square feet of properties for sale, with an estimated market value of $1,620,000.

Sale prices for residential income properties in Andover, ME average $1,620,000 — 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

Multifamily properties 1
Short term rental properties 1

Demographics Overview

Population 602
Population Growth (5Y) +62.3%
Median Household Income $44,583
College Educated 15.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
East Andover - 04226 $2M

Taxes & Financing

Tax Rate (average for all types) 1.55%
Property Tax per SF $54.32 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oxford County

New Delisted

Total CRE Inventory on Market (SF)

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