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    Farmingdale, ME
    Residential Income

    Farmingdale, ME Residential Income Properties for Sale

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    Gardiner, ME Randolph, ME Chelsea, ME Pittston, ME Augusta, ME West Gardiner, ME Hallowell, ME Litchfield, ME
    Live-Work Retail and Residence
    Updated: Jul 23
    Live-Work Retail and Residence

    664 Maine Avenue, Farmingdale, ME 04344

    $350,000
    1,472 sqft 0.32 AC lot
    1950‑built property with a 1‑bedroom home plus an established commercial space operating as a salon
    Salon commercial space offers customer access and strong visibility on a high‑visibility road
    Spacious parking lot for customers, tenants, and guests
    Utilities include public water and public sewer
    Roof is shingle; exterior includes vinyl siding and other exterior materials
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    This listing looks promising.

    Here's a quick look at some key insights for

    664 Maine Avenue, Farmingdale, ME 04344

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    • Est. Cap Rate

      6%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $297K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Farmingdale, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Two-Family Victorian Duplex
    Two-Family Victorian Duplex

    9-11 Summer Street, Hallowell, ME 04347

    $795,000
    3,600 sqft 0.60 AC lot

    Two separate units in a Victorian-style duplex with hardwood floors, decorative moldings, and updated kitchens and baths.

    View details
    Three-Unit Multifamily Fixer-Upper
    Three-Unit Multifamily Fixer-Upper

    98 Winter Street, Gardiner, ME 04345

    $199,000
    2,784 sqft 0.30 AC lot

    Three-unit multifamily property with one vacant unit and updates needed to restore it for rental use.

    View details
    Two-Family Victorian Duplex
    Two-Family Victorian Duplex

    9-11 Summer Street, Hallowell, ME 04347

    $795,000
    3,600 sqft

    Victorian duplex with two units, separate entrances, updated kitchens and baths, hardwood floors, and a private yard.

    View details
    Downtown Retail and Apartment
    Downtown Retail and Apartment

    312 Water Street, Gardiner, ME 04345

    $275,000

    Property includes one renovated retail unit and one apartment, designed for straightforward ownership.

    View details

    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 in West Gardiner
    Residential Land in West Gardiner

    Cobbo Lane lot: 6, West Gardiner, ME 04345

    $67,500
    1.42 AC lot

    1.42 acre lot for new home construction near highways.

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    Residential Development Land with Road Access
    Residential Development Land with Road Access

    Cony Road lot: 17, Augusta, ME 04330

    $234,800
    13.62 AC lot

    Surveyed residential parcel with substantial road frontage and two access points plus utilities available.

    View details
    Augusta Land For Sale
    Augusta Land For Sale

    Map 15 Lot 6C Spring Road, Augusta, ME 04330

    $99,000
    14.63 AC lot

    14.63 acre lot in Augusta's Rural Village Zoning.

    View details
    Augusta Land Near Greeley Pond
    Augusta Land Near Greeley Pond

    166 Leavitt Road, Augusta, ME 04330

    $80,000
    2.00 AC lot

    2+/- acre lot approved for one or two-family dwelling.

    View details

    Off-Market Properties in Farmingdale, ME

    Consider similar Off-Market properties in Farmingdale, 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.

    705 Maine Ave
    Individual retail properties

    705 Maine Ave, Farmingdale, ME 04344

    Value Estimation by Request
    1,900 sqft 5.00 AC lot
    View details

    Farmingdale, ME Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Farmingdale, ME on our real estate platform. These investment opportunities span a total of 1,472 square feet of properties for sale, with an estimated market value of $350,000.

    Sale prices for residential income properties in Farmingdale, ME average $350,000 — 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

    Single family properties 1

    Demographics Overview

    Population 3,001
    Population Growth (5Y) +2.9%
    Median Household Income $60,000
    College Educated 56.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04344 $350K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kennebec County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kennebec County

    Residential Income

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