Residential Income

Medway, ME Residential Income Properties for Sale

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East Millinocket, ME Millinocket, ME Mattawamkeag, ME Woodville, ME Winn, ME Macwahoc Plt, ME Lincoln, ME Seboeis Plt, ME
Waterfront Land with River Frontage
Updated: Jul 13
Waterfront Land with River Frontage

Old Farm Road lot: 19B, Medway, ME 04460

$154,900
5.20 AC lot
5.2‑acre waterfront parcel in Medway with about 400 ft of frontage on the West Branch of the Penobscot River
State‑approved for up to 4 mobile home sites
Includes 2 existing tenant‑owned homes on a month‑to‑month lot lease generating monthly income
Flexible residential/commercial zoning
Water source: well; sewer: private sewer
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Medway, 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.

Lincoln, ME Investment Property
Lincoln, ME Investment Property

68 West Broadway, Lincoln, ME 04457

$199,000
1,400 sqft 0.22 AC lot

Two-unit, fully rented investment property in Lincoln, Maine.

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Renovated Retail and Income Building
Renovated Retail and Income Building

20 Main Street, Patten, ME 04765

$199,500
4,000 sqft 0.23 AC lot

Business-zoned building combines a storefront retail area with two rented 2-bedroom apartments.

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Renovated Commercial Outlet with Apartments
Renovated Commercial Outlet with Apartments

20 Main Street, Patten, ME 04765

$264,900
4,000 sqft 0.23 AC lot

Commercial storefront with two apartments in Patten, Maine.

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Fully Rented Investment Property
Fully Rented Investment Property

68 West Broadway, Lincoln, ME 04457

$199,000
1,400 sqft

Two-unit property near downtown Lincoln, Maine, generating rental income.

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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.

Waterfront Land on Penobscot River
Waterfront Land on Penobscot River

M14L17 Pattagumpus Road, Medway, ME 04460

$135,000
12.50 AC lot

12.5 acres of waterfront land on the Penobscot River.

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Millinocket Land with Development Potential
Millinocket Land with Development Potential

6 & 6A Forest Avenue, Millinocket, ME 04462

$129,900
2.26 AC lot

2.26-acre residential land in Millinocket, Maine, with utilities access.

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Kingman Township Land with Possibilities
Kingman Township Land with Possibilities

Macwahoc Plt, ME 04451

$89,000
975,744.00 AC lot

22.4 acres in Kingman Township with existing well/septic.

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8.6 Acres with Utilities
8.6 Acres with Utilities

416 Woodbridge Corner Road, Sherman, ME 04776

$110,000
374,616 sqft 8.60 AC lot

Surveyed land with well, septic, and road access.

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Medway, ME Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Medway, ME on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $154,900.

Sale prices for residential income properties in Medway, ME start at $154,900, averaging $154,900, and reaching up to $154,900 — 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 1,144
Population Growth (5Y) -6.5%
Median Household Income $46,125
College Educated 10.7%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Penobscot County

New Delisted

Total CRE Inventory on Market (SF)

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