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    Medway, ME
    Residential Income
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    Medway, ME Residential Income Properties for Sale

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    East Millinocket, ME Millinocket, ME Molunkus Twp, ME Mattawamkeag, ME Woodville, ME Winn, ME Lincoln, ME Macwahoc 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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    Waterfront Land with Mobile Home Sites
    Updated: Apr 10
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Mixed-Use Building With Apartments
    Mixed-Use Building With Apartments

    20 Main Street, Patten, ME 04765

    $199,500
    4,000 sqft 0.23 AC lot

    Renovated commercial property with a storefront area and two occupied two-bedroom apartments.

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    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    20 Main St, Patten, ME 04765

    $199,500
    4,000 sqft

    Includes a storefront-ready commercial area and two two-bedroom apartments.

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    Updated Duplex with 2BR Units
    Updated Duplex with 2BR Units

    68 Prospect Street, Millinocket, ME 04462

    $164,900
    2,000 sqft

    Well-maintained duplex with two 2-bedroom, one-bath apartments and spacious living areas, presented in good condition.

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    Multi-Family Investment Property
    Multi-Family Investment Property

    52 Central St, Millinocket, ME 04462

    Contact for pricing

    Seven-unit multifamily property with new roof and vinyl siding completed in 2021, with initial renovation work underway.

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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 with Stream
    Waterfront Land with Stream

    M14L17 Pattagumpus Road, Medway, ME 04460

    $135,000
    12.50 AC lot

    Shoreland-zoned waterfront acreage offers outdoor recreation access, off-street parking, and a private water source.

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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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    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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    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 income 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 $157.4K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Penobscot County

    Retail

    Office

    Residential Income

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