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    Damariscotta, ME
    Residential Income

    Damariscotta, ME Residential Income Properties for Sale

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    4-Unit Waterfront Quadplex
    Updated: Sep 25
    4-Unit Waterfront Quadplex

    11 Water Street, Damariscotta, ME 04543

    $895,000
    2,925 sqft 0.22 AC lot
    Four residential rental units in 2,925 square feet
    Approximately 70 feet of frontage on the Damariscotta River
    0.22‑acre site in downtown Damariscotta
    C‑1 zoning
    Updates include electrical, plumbing, insulation, roofing, gutters, and a sprinkler system
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    Waterfront Quadplex
    Updated: Jul 14
    Waterfront Quadplex

    11 Water Street, Damariscotta, ME 04543

    $895,000
    2,925 sqft 0.22 AC lot
    Four residential rental units in a 2,925‑square‑foot building
    Approximately 70 feet of Damariscotta River frontage
    Two large waterfront decks with harbor views
    C‑1 zoning allows residential, commercial, or mixed‑use flexibility
    0.22‑acre downtown Damariscotta property with on‑site parking
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    Mixed-Use Building with Four Units
    Mixed-Use Building with Four Units

    11 Water St, Damariscotta, ME 04543

    $895,000
    2,364 sqft

    Four upgraded rental units with waterfront decks, positioned for restaurant and mixed-use flexibility in downtown Damariscotta.

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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 11 Potential Opportunities for your consideration. Besides 3 Active listings in Damariscotta, 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 Mixed-Use Property
    Renovated Mixed-Use Property

    710 Bristol Road, Bristol, ME 04539

    $725,000
    2,700 sqft 5.10 AC lot

    Two residential apartments sit above a versatile garage and workshop with independent building systems.

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    Renovated Barn Mixed-Use Property
    Renovated Barn Mixed-Use Property

    17 Dodge Road, Edgecomb, ME 04556

    $1,700,000
    20,979 sqft 10.00 AC lot

    Includes a renovated barn, three apartments, and two entrances supporting varied commercial and residential uses.

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    Renovated Mixed-Use Property with Workshop
    Renovated Mixed-Use Property with Workshop

    710 Bristol Rd, Bristol, ME 04539

    $725,000
    2,700 sqft 5.10 AC lot

    Two one-bedroom apartments sit above a high-ceiling garage/workshop with separate building systems.

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    Waterfront Short-Term Rental Efficiencies
    Waterfront Short-Term Rental Efficiencies

    306 Eddy Road, Edgecomb, ME 04556

    $335,000
    891 sqft

    Two furnished efficiency units offer private balconies, river views, and shared waterfront and dock access.

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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.

    Residential Land Parcel with Road Frontage
    Residential Land Parcel with Road Frontage

    Lewis Hill Road lot: #4, Newcastle, ME 04553

    $110,000
    5.34 AC lot

    Newly surveyed wooded 5.34-acre lot with more than 250 feet of road frontage in a rural setting.

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    Oceanfront Land in Bristol, Maine
    Oceanfront Land in Bristol, Maine

    Reny Road lot: 009, Bristol, ME 04539

    $290,000
    0.46 AC lot

    Rare 0.46-acre oceanfront property with deep water access.

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    Wooded Land in Waldoboro, Maine
    Wooded Land in Waldoboro, Maine

    P/O 205 Ralph Wink Road, Waldoboro, ME 04572

    $67,000
    5.00 AC lot

    Five-acre wooded parcel suitable for residential or recreational use.

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    Wooded Recreational Land Parcel
    Wooded Recreational Land Parcel

    Dodge Road lot: 57B, Dresden, ME 04342

    $95,000
    10.00 AC lot

    Private wooded parcel on a dead-end road with power nearby and room for a driveway and build site.

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    Damariscotta, ME Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Damariscotta, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,214 square feet of properties for sale, with an estimated market value of $2,685,000.

    Sale prices for residential income properties in Damariscotta, ME average $895,000 — 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 3
    Quadplexes 3
    Short term rental properties 1

    Demographics Overview

    Population 2,249
    Population Growth (5Y) +10.9%
    Median Household Income $59,659
    College Educated 58.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04543 $895K

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $31.33 per SF
    Tax Rate vs County Average 0.39 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

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