Residential Income

New Gloucester, ME Residential Income Properties for Sale

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Multifamily Property with Two Residences
Updated: Apr 11
Multifamily Property with Two Residences

214 N Pownal Rd, New Gloucester, ME 04260

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14.00 AC lot
Two residences on one 14+/- acre parcel
1800's antique Cape with ell, first‑floor bedroom, two upstairs bedrooms, and full bathroom
1975 manufactured home with two bedrooms, laundry, and three‑season sunroom
Two‑car garage included
Rear of property overlooks a 2+/- acre meadow
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Gloucester, 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.

Ranch Duplex with Private Deck
Ranch Duplex with Private Deck

607 Granite Street, Yarmouth, ME 04096

$615,000
1,560 sqft 0.68 AC lot

Two-unit residential property with off-street parking, storage, and a basement on a 0.68-acre parcel.

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Duplex with Whole-House Generator
Duplex with Whole-House Generator

607 Granite St, Yarmouth, ME 04096

$615,000
1,560 sqft 0.68 AC lot

Two-unit property with a large yard, unfinished basement, and convenient highway access.

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6-Unit Apartment Building
6-Unit Apartment Building

1294 US Route One, Freeport, ME 04032

$1,100,000

Multifamily property with convenient connections to downtown Freeport and regional transportation routes.

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Apartment Building
Apartment Building

12 Elm St, Freeport, ME 04032

$10,495,000

Apartment building built in 1979, located steps from downtown Freeport.

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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.

Wooded Land in Cumberland, Maine
Wooded Land in Cumberland, Maine

Tinker Lane, Cumberland, ME 04021

$175,000
3.45 AC lot

3.45 acre wooded lot near West Cumberland development.

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Brunswick Land Subdivision Potential
Brunswick Land Subdivision Potential

42b Greystone Lane, Brunswick, ME 04011

$299,900
7.00 AC lot

7 acre Brunswick land parcel suitable for subdivision and development.

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Residential Land in Poland, Maine
Residential Land in Poland, Maine

Lucys Drive, Poland, ME 04274

$275,000
13.30 AC lot

13.3-acre residential land with potential for subdivision.

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Brunswick Land Parcel Opportunity
Brunswick Land Parcel Opportunity

23 Noble Street, Brunswick, ME 04011

$445,000
0.32 AC lot

Cleared 0.32-acre lot in Brunswick, ready for development.

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New Gloucester, ME Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in New Gloucester, ME on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 1

Demographics Overview

Population 5,733
Population Growth (5Y) +0.2%
Median Household Income $107,781
College Educated 44.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04260 $275K

Taxes & Financing

Tax Rate (average for all types) 1.42%
Property Tax per SF $49.21 per SF
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cumberland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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Residential Income

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