Residential Income

Sullivan, ME Residential Income Properties for Sale

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Sorrento, ME Hancock, ME Franklin, ME Lamoine, ME Eastbrook, ME Gouldsboro, ME Bar Harbor, ME Winter Harbor, ME
Renovated Coastal Duplex
Updated: Sep 9
Renovated Coastal Duplex

7 Wharf Road, Sullivan, ME 04664

$539,000
1,800 sqft
1,800‑square‑foot duplex in Sullivan, Maine
Extensively renovated in 2020
Built in 1992
Water views from the property
History of both short‑term and long‑term rental use
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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
Historic Four-Unit Colonial

86 Grange Hall Rd, Sullivan, ME 04664

$295,000
3,599 sqft 1.70 AC lot

Occupied apartments include a partially rented unit with a private kitchen, full bath, and attached garage access.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

Mixed-Use Building with Parking
Mixed-Use Building with Parking

14 Cottage Street, Bar Harbor, ME 04609

$2,250,000
3,753 sqft

Commercial and residential components combine with updated building systems and dedicated off-street parking in downtown Bar Harbor.

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5-Unit Apartment Building
5-Unit Apartment Building

465 Main Street, Gouldsboro, ME 04607

$598,000
2,546 sqft 0.80 AC lot

Renovated, furnished residential income property with ocean frontage, private well, and private septic systems.

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Triplex with Updated Interiors
Triplex with Updated Interiors

50 Greeley Avenue, Bar Harbor, ME 04609

$795,000
1,856 sqft 0.06 AC lot

Three apartments offer flexible occupancy options in Bar Harbor village, with decks, off-street parking, and Downtown Residential zoning.

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Renovated Five-Unit Apartment Building
Renovated Five-Unit Apartment Building

465 Main St, Gouldsboro, ME 04607

$598,000
2,546 sqft

Furnished units support residential income use near Acadia National Park’s Schoodic District and Maine’s coastal recreation areas.

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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 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.

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

Leonia Road lot: #4, Hancock, ME 04640

$44,900
1.00 AC lot

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

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Sullivan, ME Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Sullivan, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,998 square feet of properties for sale, with an estimated market value of $1,129,000.

Sale prices for residential investment properties in Sullivan, ME start at $295,000, averaging $376,333, and reaching up to $539,000 — 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 3
Quadplexes 2
Duplexes 1
Short term rental properties 1

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 $376.3K

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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Residential Income

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