Residential Income

Hallowell, ME Residential Income Properties for Sale

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Victorian Duplex with Garage Barn
Updated: Aug 27
Victorian Duplex with Garage Barn

9 - 11 Summer Street, Hallowell, ME 04347

$640,000
3,620 sqft 0.60 AC lot
Duplex with two 3‑bedroom, 1.5‑bath units
3,620 square feet on a 0.6‑acre lot
Separate furnaces, plumbing meters, electrical systems, entrances, and porches
1900 Victorian architecture with wood‑frame construction
Garage/barn with second‑floor space for potential additional residential use
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Historic Bed & Breakfast
Updated: Oct 14
Historic Bed & Breakfast

132 Second Street, Hallowell, ME 04347

$650,000
2,628 sqft
Six guest rooms plus a full apartment; established rental history
2,628 square feet; built in 1900
Top‑floor apartment with private balcony and Kennebec River views
Lower‑level fitness area, sauna, bathrooms, and laundry
Solar panels, multiple heat pumps, metal roof, and paved parking
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Victorian Duplex with Period Details
Victorian Duplex with Period Details

911 9 - 11 Summer St, Hallowell, ME 04347

$680,000
3,620 sqft

Two separate residences combine historic character with updated kitchens and baths.

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Riverfront 2-Unit Duplex
Riverfront 2-Unit Duplex

230 Water St, Hallowell, ME 04347

$400,000
2,240 sqft

Two remodeled residences offer river views, a private deck, and a downtown setting near shops and restaurants.

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4 active listings match your search: Residential Income for sale in Hallowell, ME. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Office Properties with Separate Garage
Office Properties with Separate Garage

76 and 80 Sewall Street, Augusta, ME 04330

$625,000
4,361 sqft 0.84 AC lot

Two buildings offer flexible layouts with a separately accessed garage and Comm. & Res. zoning.

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Two-Unit Duplex
Two-Unit Duplex

229 Sewall Street, Augusta, ME 04330

$295,000
1,972 sqft 0.15 AC lot

Both residences have two bedrooms and one bathroom, with one currently leased and the other vacant.

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Live-Work Retail and Residence
Live-Work Retail and Residence

664 Maine Avenue, Farmingdale, ME 04344

$299,000
1,472 sqft 0.32 AC lot

Property combines a one-bedroom home with an operating salon and customer parking on a high-visibility road.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

10 Amherst Street, Augusta, ME 04330

$352,000
2,040 sqft 0.19 AC lot

A street-level business area with central air and a kitchenette is paired with two apartments above.

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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 Buildable Lot For Sale
Augusta Buildable Lot For Sale

214 Mount Vernon Avenue, Augusta, ME 04330

$49,900
0.36 AC lot

0.36 acre lot with public utilities, mobile homes allowed.

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Gently Sloping Land Parcel
Gently Sloping Land Parcel

120 Bond Brook Road, Augusta, ME 04330

$450,000
50.12 AC lot

Large Augusta parcel with mature trees and gentle slopes near downtown, I-95, and Bond Brook recreational trails.

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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.

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Expansive Land Parcel in Augusta
Expansive Land Parcel in Augusta

Churchill Road lot: 0, Augusta, ME 04330

$152,805
170.00 AC lot

170-acre land parcel with frontage, suitable for various uses.

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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.

Hallowell, ME Residential Income Properties Market Trends and Statistics

Explore 5 residential income properties for sale in Hallowell, ME, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,108 square feet of properties for sale, with an estimated market value of $2,370,000.

Sale prices for residential investment properties in Hallowell, ME start at $400,000, averaging $592,500, and reaching up to $680,000 — 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 4
Duplexes 3
Short term rental 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 $590K

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 Residential Income pricing trends in Kennebec County

Residential Income

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