Residential Income

Farmington, ME Residential Income Properties for Sale

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6 properties
5-Unit Apartment Building
Updated: Sep 20
5-Unit Apartment Building

165 Middle Street, Farmington, ME 04938

$295,000
3,493 sqft 0.38 AC lot
Five existing units in 3,493 square feet
0.38‑acre site with potential for a sixth unit, subject to city approval
Built in 1900; wood‑frame construction, wood siding, and metal roof
Oil‑fired hot‑water baseboard heating, public water, and public sewer
Vacant and offered as‑is, with no seller improvements
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Duplex with Medical Office
Updated: May 20
Duplex with Medical Office

128 Middle Street, Farmington, ME 04938

$485,000
3,698 sqft 0.27 AC lot
3,698 SF duplex with medical office and residential unit
First‑floor office includes five exam rooms, lab space, two bathrooms, and laundry
Second‑floor unit has four bedrooms, one bathroom, and laundry
Large paved parking lot accessed by a private paved driveway
Village zoning on a 0.27‑acre parcel
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Two-Unit Duplex Requiring Rehabilitation
Two-Unit Duplex Requiring Rehabilitation

119 Town Farm Road, Farmington, ME 04938

$169,000
2,000 sqft 0.55 AC lot

Residential duplex with two units, basement space, public utilities, and a mix of wood and vinyl-siding construction.

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Mixed-Use Building with Medical Office
Mixed-Use Building with Medical Office

128 Middle St, Farmington, ME 04938

$485,000
3,698 sqft

Two-level property combines an established medical suite with an upstairs residential apartment.

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5-Unit Apartment Building
5-Unit Apartment Building

165 Middle St, Farmington, ME 04938

$295,000
3,493 sqft

Delivered vacant, the property offers five residential units, with one requiring work and the remaining units in livable condition.

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Duplex Requiring Renovation
Duplex Requiring Renovation

119 Town Farm Road, Farmington, ME 04938

$169,000
2,000 sqft

Two-unit residential property requiring substantial renovation, with one unit in better condition than the other.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 6 Active listings in Farmington, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Triplex with Individual Heating
Triplex with Individual Heating

1350 Main Street, Wilton, ME 04294

$275,000
1,400 sqft 0.84 AC lot

Two units were recently updated, with public water and sewer serving the property.

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Four-Unit Residential Rental Property
Four-Unit Residential Rental Property

85-87 Church Street, Livermore Falls, ME 04254

$340,000
4,873 sqft 0.55 AC lot

Four-unit rental property featuring one building with three units and a detached four-bedroom unit.

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Four-Unit Multifamily Property
Four-Unit Multifamily Property

8587 85-87 Church St, Livermore Falls, ME 04254

$340,000
4,873 sqft

Two-building rental property with three units in one structure and a detached four-bedroom residence.

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Multifamily Property with Propane Heat
Multifamily Property with Propane Heat

1350 Main St, Wilton, ME 04294

$275,000
1,400 sqft

Two units have recent updates, and spray foam insulation covers the basement and attic.

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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.

In-Town Residential Building Lot
In-Town Residential Building Lot

112 Stone Hill Road, Farmington, ME 04938

$69,000
0.77 AC lot

Residential lot in Farmington with street-side public utilities and space suitable for a daylight basement build.

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Farmington Land with Subdivision Potential
Farmington Land with Subdivision Potential

R11-033-5 Bailey Hill Road, Farmington, ME 04938

$65,000
10.88 AC lot

Approved 5-lot subdivision near downtown Farmington with mountain views.

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Farmington Land with Subdivision Approval
Farmington Land with Subdivision Approval

R11-033-4 Bailey Hill Road, Farmington, ME 04938

$65,000
3.50 AC lot

Approved subdivision lot near Farmington's amenities and outdoor activities.

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Farmington Land with Subdivision Approval
Farmington Land with Subdivision Approval

R11-033-3 Bailey Hill Road, Farmington, ME 04938

$65,000
3.00 AC lot

Approved subdivision land near Farmington's amenities and outdoor activities.

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Off-Market Properties in Farmington, ME

Consider similar Off-Market properties in Farmington, 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.

338 Wilton Rd
BOARDING/ROOMING HOUSE

338 Wilton Rd, Farmington, ME 04938-6134

Estimated value:
$305,000
1,496 sqft 3.13 AC lot
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112 Narrow Gauge Sq
CAMPGROUND, RV PARK

112 Narrow Gauge Sq, Farmington, ME 04938-5824

Estimated value:
$285,000
3,066 sqft 0.09 AC lot
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586 Wilton Rd
CAMPGROUND, RV PARK

586 Wilton Rd, Farmington, ME 04938-6137

Estimated value:
$270,000
2,956 sqft 0.72 AC lot
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383 Wilton Rd
CAMPGROUND, RV PARK

383 Wilton Rd, Farmington, ME 04938-6124

Estimated value:
$275,000
2,224 sqft 0.46 AC lot
View details

Farmington, ME Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Farmington, ME, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 18,382 square feet of properties for sale, with an estimated market value of $1,898,000.

Sale prices for residential income properties in Farmington, ME start at $169,000, averaging $316,333, and reaching up to $485,000 — 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 5
Duplexes 3
Apartment buildings 2

Demographics Overview

Population 10K
Population Growth (5Y) +5.2%
Median Household Income $54,281
College Educated 45.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04938 $327K

Taxes & Financing

Tax Rate (average for all types) 1.99%
Property Tax per SF $48.82 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

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