Residential Income

Medway, ME Residential Income Properties for Sale

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East Millinocket, ME Woodville, ME Millinocket, ME Molunkus Twp, ME Mattawamkeag, ME Winn, ME Lincoln, ME Herseytown Twp, 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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Waterfront Land with Mobile Home Sites
Updated: Mar 1
Waterfront Land with Mobile Home Sites

Lot 19 Old Farm Road, Medway, ME 04460

$154,900
226,512 sqft
5.2‑acre waterfront parcel in Medway
Approximately 400 feet of frontage on the West Branch of the Penobscot River
Residential and commercial zoning
State‑approved for up to 4 mobile home sites
Two tenant‑owned homes on month‑to‑month lot leases
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

Three-Unit Residential Property
Three-Unit Residential Property

235 Bates Street, Millinocket, ME 04462

$199,000
3,485 sqft 0.30 AC lot

Three apartments offer separate kitchens and distinct bedroom configurations for residential use.

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Live-Work Mixed-Use Property
Live-Work Mixed-Use Property

101 Main Street, East Millinocket, ME 04430

$139,000
4,000 sqft 0.19 AC lot

Main Street commercial/residential offering with two buildings, a residence, storefront, duplex conversion, and substantial outbuilding.

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Triplex with Brook Frontage
Triplex with Brook Frontage

235 Bates St, Millinocket, ME 04462

$199,000
3,485 sqft 0.33 AC lot

Three residential apartments have distinct kitchen and living areas, with a private entrance serving the upper unit.

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Mixed-Use Property with Storefront
Mixed-Use Property with Storefront

101 Main St, East Millinocket, ME 04430

$139,000
4,000 sqft 0.19 AC lot

Two buildings combine ground-floor retail, an upstairs residence, and a duplex renovation project.

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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.

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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Wooded Land with Stream Frontage
Wooded Land with Stream Frontage

US 2 Road lot: 54, Silver Ridge Twp, ME 04776

$39,900
47.00 AC lot

Rural LUPC-zoned acreage with mixed woods and frontage along Spaulding Brook.

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Schoodic Lake Waterfront Land
Schoodic Lake Waterfront Land

440 Railroad Bed Road, Lake View Plt, ME 04463

$399,999
1.80 AC lot

1.8 acre lot with 485 feet of water frontage.

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Maine Waterfront Land For Sale
Maine Waterfront Land For Sale

Wytopitlock, ME 04497

$140,000
2.23 AC lot

Remote lakefront land with driveway and pad ready to build.

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Medway, ME Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Medway, ME on our real estate platform. These investment opportunities span a total of 226,512 square feet of properties for sale, with an estimated market value of $309,800.

Sale prices for residential investment properties in Medway, ME average $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

Mobile home & RV parks 2
Multifamily properties 2

Demographics Overview

Population 1,144
Population Growth (5Y) -6.5%
Median Household Income $46,125
College Educated 10.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04460 $154.9K

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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