Residential Income

Millinocket, ME Residential Income Properties for Sale

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Grindstone Twp, ME East Millinocket, ME Seboeis Plt, ME Milo, ME Mattawamkeag, ME Woodville, ME Lake View Plt, ME Winn, ME
Duplex with Two-Car Garage
Updated: Aug 7, 2025
Duplex with Two-Car Garage

236 Katahdin Avenue, Millinocket, ME 04462

$84,000
1,078 sqft
Duplex built in 1910 with 2 stories and two‑floor apartment layouts
Commercial/residential zoning and 3 rental opportunities
2‑car garage with direct access to Apartment #2 plus storage above
Two fireplaces, with wood siding and a shingle roof (brand new roof over the house)
Interior includes 2 bedrooms/1st‑floor bedroom, storage, and laundry on the 1st floor main level
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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.
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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.

Two-Unit Residential Income Duplex
Two-Unit Residential Income Duplex

68 West Broadway, Lincoln, ME 04457

$199,000
1,400 sqft 0.22 AC lot

Two-unit duplex investment property is fully rented, located in-town with quick access to major routes.

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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.

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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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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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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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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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 1,078 square feet of properties for sale, with an estimated market value of $84,000.

Sale prices for residential income properties in Millinocket, ME start at $84,000, averaging $84,000, and reaching up to $84,000 — 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

Apartment buildings 1
Multifamily properties 1
Short term rental properties 1

Demographics Overview

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

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)

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