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    Penobscot, ME
    Residential Income

    Penobscot, ME Residential Income Properties for Sale

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    Castine, ME Orland, ME Brooksville, ME Blue Hill, ME Stockton Springs, ME Sedgwick, ME Verona Island, ME Bucksport, ME
    Two-Unit Mobile Duplex with Studio
    Updated: Jul 29
    Two-Unit Mobile Duplex with Studio

    26 Jenkins Road, Penobscot, ME 04476

    $140,000
    1,944 sqft 2.00 AC lot
    2‑acre private lot
    1970 single‑wide mobile home plus attached one‑bedroom, one‑bath studio
    Vinyl windows and fully insulated exterior walls
    Exterior: replaced plywood and cedar shingles, fresh paint, new window trim
    Portions of Unit 2 stairs replaced with new railing
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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 Penobscot, 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.

    Renovated 4-Unit Multifamily Building
    Renovated 4-Unit Multifamily Building

    185 W Main Street, Stockton Springs, ME 04981

    $467,000
    3,246 sqft 0.40 AC lot

    Well-maintained four-unit building with renovated systems, coin-operated laundry, and multiple unit configurations.

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    Two-Unit Live-Work Mixed-Use Building
    Two-Unit Live-Work Mixed-Use Building

    100 US Route 1, Bucksport, ME 04416

    $269,000
    2,168 sqft 0.50 AC lot

    Two-unit live-work building with office and residential-ready layouts, expansive rooms, and three full levels.

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    Well-Maintained Four-Unit Multifamily Building
    Well-Maintained Four-Unit Multifamily Building

    185 West Main Street, Stockton Springs, ME 04981

    $475,000
    3,246 sqft

    Four-unit building with strong rental history, renovated in 2003.

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    Historic Duplex
    Historic Duplex

    100 Us Route 1, Bucksport, ME 04416

    $269,000

    Commercially zoned duplex with office and residential configurations.

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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.

    Land with Water View
    Land with Water View

    15 ME-166 Route, Penobscot, ME 04476

    $64,000
    5.90 AC lot

    Land with water view and deeded right of way.

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    Waterfront Land on Toddy Pond
    Waterfront Land on Toddy Pond

    Toddy Drive lot: 21-10, Penobscot, ME 04476

    $199,000
    5.95 AC lot

    5.95 acre waterfront parcel on Toddy Pond in Penobscot, ME.

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    Acre Lot with Bay Views
    Acre Lot with Bay Views

    M17 L15 Battle Avenue, Castine, ME 04421

    $850,000
    1.00 AC lot

    In-town acre lot with views of Penobscot Bay.

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    Land For Sale, Castine, ME
    Land For Sale, Castine, ME

    M17 L15 Perkins Street, Castine, ME 04421

    $795,000
    1.00 AC lot

    One acre of land for sale in Castine, Maine.

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    Penobscot, ME Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Penobscot, ME on our real estate platform. These investment opportunities span a total of 1,944 square feet of properties for sale, with an estimated market value of $140,000.

    Sale prices for residential income properties in Penobscot, ME average $140,000 — 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

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 1,127
    Population Growth (5Y) -4.5%
    Median Household Income $52,500
    College Educated 43.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04476 $140K

    Listings Trend

    New vs delisted commercial listings in Hancock County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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