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    Millinocket, ME
    Residential Income

    Millinocket, ME Residential Income Properties for Sale

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    East Millinocket, ME Medway, ME Woodville, ME Molunkus Twp, ME Mattawamkeag, ME Seboeis Plt, ME Lincoln, ME Winn, ME
    Three-Unit Residential Property
    Updated: Oct 16
    Three-Unit Residential Property

    235 Bates Street, Millinocket, ME 04462

    $199,000
    3,485 sqft 0.30 AC lot
    Three existing apartments: one three‑bedroom unit, one two‑bedroom unit, and one one‑bedroom unit
    3,485 square feet on approximately 0.3 acres
    Storage area with a half bath may allow a fourth unit, subject to applicable approvals
    130 feet of frontage along Smith Brook
    Public water and public sewer
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    Triplex with Brook Frontage
    Updated: Oct 16
    Triplex with Brook Frontage

    235 Bates St, Millinocket, ME 04462

    $199,000
    3,485 sqft 0.33 AC lot
    Three apartments: one with 3 bedrooms, one with 2, and one with 1
    3,485 square feet of building area
    Storage area with a half bath; residential conversion subject to applicable approvals
    Approximately one‑third of an acre
    130 feet of frontage on Smith Brook
    View details
    See hot listings in Millinocket

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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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.

    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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    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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    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.

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    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.

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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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    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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    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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    Timberland Recreation Tract
    Timberland Recreation Tract

    Shin Pond Road lot: 2-18, Mount Chase, ME 04765

    $484,000
    484.00 AC lot

    Rural acreage combines timber resources, stream access, interior roads, and direct connections to maintained ATV and snowmobile trails.

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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 6,970 square feet of properties for sale, with an estimated market value of $398,000.

    Sale prices for residential investment properties in Millinocket, ME average $199,000 — 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

    Multifamily properties 2
    Quadplexes 1
    Triplexes 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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