Hallowell, ME
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    Hallowell, ME Residential Income Properties for Sale

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    Augusta, ME Farmingdale, ME Chelsea, ME
    MULTI_FAMILY - Hallowell, ME
    $795,000
    3,600 SF
    MULTI_FAMILY - Hallowell, ME

    9-11 Summer Street, Hallowell, ME 04347

    Duplexes · 3,600 SF
    • Two‑family Victorian home with separate entrances for privacy and convenience
    • Original hardwood floors with decorative moldings and high ceilings
    • Updated kitchens and baths; large windows provide abundant natural light
    • Basement plus 2 bathrooms (Bathroom 1 and Bathroom 2) included in the room layout
    • Public water and public sewer; oil baseboard hot water heating
    Updated: Jun 5
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    Renovated Duplex with River Frontage
    $425,000
    1,260 SF
    Renovated Duplex with River Frontage

    228 Water Street, Hallowell, ME 4347

    Two-unit property with renovated first floor and river views.
    • Kennebec River frontage with tremendous views.
    • Completely renovated first‑floor unit with new kitchen (quartz countertops, appliances, washer/dryer), and new floors.
    • Opportunity to have a business on the first floor and rent the second‑floor unit.
    • New natural gas furnace and energy‑efficient spray‑foamed basement.
    • Excellent parking for both units.
    Updated: May 1, 2025
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Hallowell, 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.

    Office and Short-Term Rental Property
    $625,000
    4,361 SF
    Office and Short-Term Rental Property

    Two separate units configured as office and short-term rental, plus a garage with a separate entrance that may generate additional income.

    76 and 80 Sewall Street, Augusta, ME 04330

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    Two-Unit Duplex with Metal Roof
    $219,000
    1,440 SF
    Two-Unit Duplex with Metal Roof

    Two-bedroom units with porches and separate electric, plus an unfinished third floor for flexible additional space.

    3 Grand Street, Augusta, ME 04330

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    Live-Work Property with Salon
    $350,000
    1,472 SF
    Live-Work Property with Salon

    High-visibility commercial salon plus a one-bedroom home provides flexible living and income potential with ample parking.

    664 Maine Avenue, Farmingdale, ME 04344

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    Mixed-Use Property with Office Rentals
    $625,000
    4,361 SF
    Mixed-Use Property with Office Rentals

    Two separate income-oriented setups include office space and short-term rental units, plus a garage with a separate entrance.

    76 And 80 Sewall Street, Augusta, ME 4330

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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.

    Augusta Land For Sale
    $99,000
    14.63 Acres
    Augusta Land For Sale

    14.63 acre lot in Augusta's Rural Village Zoning.

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

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    Surveyed Land with Dual Access
    $249,000
    13.62 Acres
    Surveyed Land with Dual Access

    A 13.62-acre residential parcel with surveyed boundaries, 230+ feet of frontage, and two access points.

    Cony Road lot: 17, Augusta, ME 04330

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    Residential Land in Fieldstone Place
    $64,900
    0.47 Acres
    Residential Land in Fieldstone Place

    0.47 acre lot ready for building in Augusta, ME.

    78 Fieldstone Drive, Augusta, ME 04330

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    Augusta Building Lot For Sale
    $70,000
    0.51 Acres
    Augusta Building Lot For Sale

    Half-acre building lot in established Augusta neighborhood.

    116 Fieldstone Drive, Augusta, ME 04330

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    Off-Market Properties in Hallowell, ME

    Consider similar Off-Market properties in Hallowell, 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.

    8 Coos Ln
    Land
    Lot: 0.44 Acres
    Value Estimation by Request

    8 Coos Ln, Hallowell, ME 04347

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    Hallowell, ME Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Hallowell, ME on our real estate platform. These investment opportunities span a total of 4,860 square feet of properties for sale, with an estimated market value of $1,220,000.

    Sale prices for residential income properties in Hallowell, ME start at $425,000, averaging $610,000, and reaching up to $795,000 — 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

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 2,570
    Population Growth (5Y) +2.6%
    Median Household Income $58,811
    College Educated 67.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04347 $437.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.31%
    Property Tax per SF $96.27 per SF
    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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