Residential Income

Rangeley, ME Residential Income Properties for Sale

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Adamstown Twp, ME Phillips, ME Dallas Plt, ME Carrabassett Valley, ME Kingfield, ME Weld, ME Andover, ME Avon, ME
Eight-Unit Short-Term Rental Property
Updated: Feb 5, 2025
Eight-Unit Short-Term Rental Property

2342 Main Street, Rangeley, ME 04970

$995,000
5.00 AC lot
5 acres with 7 year‑round rental cottages
Converted owners’ quarters barn provides an additional rental unit
Commercial/Shoreland zoning
Town water and town sewer
Small pond on the property
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Rangeley, 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.

Multifamily Property with 2-Car Garage
Multifamily Property with 2-Car Garage

12 Depot Street, Kingfield, ME 04947

$115,000
2,309 sqft 0.17 AC lot

The two-story structure is open to restoration or reconfiguration within a Growth/Multi-Use district.

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Two-Story Duplex Restoration Property
Two-Story Duplex Restoration Property

12 Depot St, Kingfield, ME 04947

$115,000
2,309 sqft

Partially deconstructed interior with a private driveway, walkout basement, and two-car garage.

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Mansard Duplex with Porch
Mansard Duplex with Porch

3 Center Hill Road, Weld, ME 04285

$39,900
2,730 sqft 0.18 AC lot

Three-story wood-frame property with four bedrooms, storage, and a private well.

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Historic Mixed-Use Building
Historic Mixed-Use Building

3 Center Hill Rd, Weld, ME 04285

$79,900
2,730 sqft

Three-level property pairs former general-store space with residential quarters requiring interior renovation.

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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.

Residential Building Lot with Lake Access
Residential Building Lot with Lake Access

12 Marbles Way, Rangeley, ME 04970

$159,500
0.42 AC lot

Residential lot with deeded Rangeley Lake access and utilities available at the site, plus designated parking for trailers or guests.

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Recreational Land Near Sandy River
Recreational Land Near Sandy River

Mooseley Ridge Road lot: #4, Phillips, ME 04970

$45,000
1.54 AC lot

1.54 acre recreational land with river access near Rangeley.

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Rangeley Plantation Building Lot
Rangeley Plantation Building Lot

Errol Haley Way lot: 11, Rangeley, ME 04970

$94,900
1.65 AC lot

1.65 acre building lot with well and electric service.

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Rangeley Land with Power Access
Rangeley Land with Power Access

Margaret Lane lot: 8, Rangeley, ME 04970

$65,900
1.55 AC lot

1.5-acre lot with power, near Rangeley State Park.

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Rangeley, ME Residential Income Properties Market Trends and Statistics

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

Sale prices for residential income properties in Rangeley, ME average $995,000 — 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 1
Short term rental properties 1

Demographics Overview

Population 1,420
Population Growth (5Y) -0.5%
Median Household Income $58,182
College Educated 41.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04970 $3.4M

Taxes & Financing

Tax Rate (average for all types) 1.05%
Property Tax per SF $50.53 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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