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    Sullivan, ME
    Residential Income

    Sullivan, ME Residential Income Properties for Sale

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    Sorrento, ME Hancock, ME Franklin, ME Eastbrook, ME Gouldsboro, ME Lamoine, ME Bar Harbor, ME Trenton, ME
    Four-Unit Colonial Quadplex
    Updated: Jul 21
    Four-Unit Colonial Quadplex

    86 Grange Hall Road, Sullivan, ME 04664

    $295,000
    3,599 sqft 1.70 AC lot
    Four apartment units in an 1820 Colonial
    Approximately 3,599 square feet of finished space on approximately 1.70 acres
    Unit 4 includes a separate one‑bedroom apartment with private kitchen and full bath
    Long‑term tenants currently occupy the apartments
    Coin‑operated basement laundry shared by tenants
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    Historic Four-Unit Colonial
    Updated: Aug 14
    Historic Four-Unit Colonial

    86 Grange Hall Rd, Sullivan, ME 04664

    $295,000
    3,599 sqft 1.70 AC lot
    Four‑unit Colonial built in 1820
    Approximately 3,599 square feet finished on approximately 1.70 acres
    Unit 4 includes a separate one‑bedroom apartment with private kitchen and full bath
    Direct access to the attached garage from the separate apartment
    Heat and electricity included; shared coin‑operated basement laundry
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Sullivan, 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.

    Updated 5-Unit Apartment Building
    Updated 5-Unit Apartment Building

    763 S Gouldsboro Road, Gouldsboro, ME 04607

    $549,000
    3,465 sqft

    Updated interiors and separately metered electric and gas serve each apartment, with shared basement laundry.

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    Updated 5-Unit Apartment Building
    Updated 5-Unit Apartment Building

    763 S Gouldsboro Road, Gouldsboro, ME 04607

    $529,000
    3,465 sqft

    Updated apartments feature separately metered utilities and shared basement laundry.

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    Mixed-Use Restaurant Property
    Mixed-Use Restaurant Property

    30 Cottage Street, Bar Harbor, ME 04609

    $1,695,000
    4,167 sqft

    Two-level property combines a restaurant and bar with an upstairs six-bedroom, two-bath apartment.

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    Mixed-Use Property with Gallery Space
    Mixed-Use Property with Gallery Space

    78 West Street, Bar Harbor, ME 04609

    Contact for pricing

    Waterfront-district asset combines retail, residential, gallery, and seasonal rental components.

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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.

    29 Acre Wooded Land Parcel
    29 Acre Wooded Land Parcel

    1920 US Highway 1, Sullivan, ME 04664

    $275,000
    29.00 AC lot

    Well-developed 29-acre lot with road, building sites, and power.

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    Waterfront Shoreland Parcel
    Waterfront Shoreland Parcel

    S Bay Road, Franklin, ME 04634

    $329,000
    42.00 AC lot

    Waterfront land with 618+/- feet of shore frontage on Hog Bay, largely undeveloped, in Shoreland zoning.

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    Residential Building Lot in Park Setting
    Residential Building Lot in Park Setting

    100 Degregoire Park, Bar Harbor, ME 04609

    $225,000
    0.34 AC lot

    Build-ready lot with public sewer and summer water for a custom home near Bar Harbor amenities.

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    Residential Land Near Ellsworth, ME
    Residential Land Near Ellsworth, ME

    Leonia Road lot: #5, Hancock, ME 04640

    $47,900
    1.27 AC lot

    Subdivision lots near Ellsworth, MDI, and Hancock schools and amenities.

    View details

    Sullivan, ME Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Sullivan, ME on our real estate platform. These investment opportunities span a total of 7,198 square feet of properties for sale, with an estimated market value of $590,000.

    Sale prices for residential income properties in Sullivan, ME average $295,000 — 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 2

    Demographics Overview

    Population 1,240
    Population Growth (5Y) -7.7%
    Median Household Income $59,318
    College Educated 34.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04664 $295K

    Taxes & Financing

    Tax Rate (average for all types) 1.31%
    Tax Rate vs County Average 0.23 pp above county avg
    Average Loan-to-Value 65.0%

    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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