Residential Income

Millinocket, ME Residential Income Properties for Sale

Notify Me
List
Map
East Millinocket, ME Medway, ME Molunkus Twp, ME Milo, ME Lake View Plt, ME Mattawamkeag, ME Woodville, ME Seboeis Plt, ME
Updated Duplex with 2BR Units
Updated: Mar 3
Updated Duplex with 2BR Units

68 Prospect Street, Millinocket, ME 04462

$164,900
2,000 sqft
Updated duplex with two 2‑bedroom, 1‑bath apartments
Each unit includes spacious living areas
Heat pump and hot water heating; cooling is heat pump
Vinyl siding and wood‑frame construction with shingle roof
Concrete perimeter foundation
View details
Multi-Family Investment Property
Updated: Apr 11
Multi-Family Investment Property

52 Central St, Millinocket, ME 04462

Contact for pricing
7‑unit multifamily property with initial renovation work underway.
New roof and new vinyl siding completed in 2021.
Rental income flexibility: rent units monthly and/or weekly (buyer’s choice).
Located within walking distance to town and close to Mt. Katahdin.
View details
See what stands out in Penobscot County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Millinocket, 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.

View details
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.

View details
Waterfront Land with Mobile Home Sites
Waterfront Land with Mobile Home Sites

Lot 19 Old Farm Road, Medway, ME 04460

$154,900
226,512 sqft

Residential and commercial zoning supports approved mobile home sites, with two tenant-owned homes currently on month-to-month lot leases.

View details
Waterfront Land with River Frontage
Waterfront Land with River Frontage

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

$154,900
5.20 AC lot

5.2-acre waterfront parcel with approximately 400 feet of frontage on the West Branch of the Penobscot River.

View details

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.

View details
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.

View details
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.

View details
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.

View details

Millinocket, ME Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Millinocket, ME on our real estate platform. These investment opportunities span a total of 2,000 square feet of properties for sale, with an estimated market value of $164,900.

Sale prices for residential income properties in Millinocket, ME average $164,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 2
Apartment buildings 1
Duplexes 1

Demographics Overview

Population 4,462
Population Growth (5Y) -3.4%
Median Household Income $44,167
College Educated 26.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04462 $164.9K

Taxes & Financing

Tax Rate (average for all types) 2.91%
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

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings