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Wells, ME

Residential Income

Wells, ME Residential Income Properties for Sale

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Ogunquit, ME Kennebunk, ME Sanford, ME Kennebunkport, ME Arundel, ME North Berwick, ME York, ME Lyman, ME

Triplex with River Frontage

Updated: Jul 11

Triplex with River Frontage

1597 Sanford Road, Wells, ME 04090

$679,000

3,769 sqft 1.99 AC lot

Three homes on one lot with Merriland River frontage, including a single‑wide currently rented, a 4‑bedroom double‑wide, and a 2‑bedroom home
4‑bedroom double‑wide will be completely renovated by closing, and the 2‑bedroom home is ready for finishing touches
Deck and connected garage add outdoor space and extra storage for the river‑front property
Ranch‑style, one‑floor living with 1st floor primary bedroom with bath and a 1st floor bedroom
Utilities include well water with private source and private septic tank/sewer

This listing looks promising.

Here's a quick look at some key insights for

1597 Sanford Road, Wells, ME 04090

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Est. Cap Rate

8.6%
Above avg (5.9%)
Est. NOI

$58K
Annual
Mortgage

$380K
Nov 2024
Last Sold

Nov 2024
$225K
Property Type

Single Family Residence
Built 1972

View Property Analytics

2-Family Ranch with Detached Garages

Updated: Jul 3

2-Family Ranch with Detached Garages

321 N Berwick Road, Wells, ME 04090

$674,900

3,121 sqft 1.50 AC lot

2‑family home with detached garages on 1.5 acres in Wells
Main home features 3 bedrooms plus a bonus room and 2.5 baths with laundry
Left‑side apartment has open kitchen, living and dining area plus 1 bedroom, full bath, and walk‑in closet
Each unit includes its own laundry area
Heating includes forced‑air propane for the main home, monitor‑style propane heaters in the apartment; central air in main home and built‑in AC in apartment

Mixed-Use Property with Warehouse

Mixed-Use Property with Warehouse

133 Eldridge Road, Wells, ME 04090

$989,000

2,145 sqft 0.69 AC lot

Two-building mixed-use site with a 5,600 SF grandfathered-use warehouse plus a 1920 home on RA-zoned land.

Single-Level Commercial Residence

Single-Level Commercial Residence

874 Sanford Road, Wells, ME 04090

$415,000

1,100 sqft 0.98 AC lot

Updated single-level building with heat pumps and generator hookup on a nearly one-acre commercial lot.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 4 Active listings in Wells, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, 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.

Duplex with Apartment Over Garage

Duplex with Apartment Over Garage

15 Casey Lane, Kennebunk, ME 04043

$1,100,000

2,826 sqft 0.25 AC lot

New construction offers an open-concept main home plus a fully equipped two-bedroom apartment above a two-car garage.

Three-Property Coastal Mixed-Use Portfolio

Three-Property Coastal Mixed-Use Portfolio

113115,117 Perkins Cove Road, Ogunquit, ME 03907

$8,300,000

5,244 sqft 0.17 AC lot

For sale three combined properties with residential units and commercial components, with features including in-unit laundry.

Rebuilt Two-Unit Coastal Duplex

Rebuilt Two-Unit Coastal Duplex

117 Perkins Cove Road, Ogunquit, ME 03907

$2,950,000

1,368 sqft 0.06 AC lot

Turnkey duplex rebuilt in 2025 with two 2BR/1BA units and expansive decks with ocean views.

Two-Unit Residential Income Property

Two-Unit Residential Income Property

15 Casey Lane, Kennebunk, ME 04043

$1,100,000

2,826 sqft

New construction duplex-style home with three-bedroom main residence and a fully equipped two-bedroom apartment above a two-car garage.

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.

Wells Land Near Harbor

Wells Land Near Harbor

99 Harbor Road lot: 52, Wells, ME 04090

$250,000

0.57 AC lot

Residential land near Wells Harbor, ready for your dream home.

Wells Land Near Harbor

Wells Land Near Harbor

99 Harbor Road lot: 54, Wells, ME 04090

$250,000

0.57 AC lot

Residential land near Wells Harbor, ready for building.

Wells, Maine Buildable Land

Wells, Maine Buildable Land

0016/001 Newhall Road, Wells, ME 04090

$1,550,000

66.19 AC lot

66.19 acre buildable lot in Wells, Maine.

25 Acre Land Parcel

25 Acre Land Parcel

86 Moose Bog Lane, Wells, ME 04090

$600,000

25.01 AC lot

25 acre parcel in established neighborhood, Wells, Maine.

Off-Market Properties in Wells, ME

Consider similar Off-Market properties in Wells, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

CAMPGROUND, RV PARK

2295 Post Rd, Wells, ME 04090-4720

$930,000

Estimated value

1,410 sqft 5.80 AC lot

117 Bears Den Rd

CAMPGROUND, RV PARK

117 Bears Den Rd, Wells, ME 04090-7359

Value Estimation by Request

948 sqft 15.00 AC lot

CAMPGROUND, RV PARK

697 Sanford Rd, Wells, ME 04090-6008

$1,770,000

Estimated value

1,792 sqft 29.00 AC lot

CAMPGROUND, RV PARK

580 Hiltons Ln, Wells, ME 04090-7708

Value Estimation by Request

384 sqft 25.60 AC lot

CAMPGROUND, RV PARK

924 Post Rd, Wells, ME 04090

Value Estimation by Request

1,352 sqft 6.18 AC lot

CAMPGROUND, RV PARK

33 Kimballs Ln, Wells, ME 04090

Value Estimation by Request

660 sqft 4.06 AC lot

Land

1223 Post Rd, Wells, ME 04090

Value Estimation by Request

1.48 AC lot

1135 Bragdon Rd

Multifamily properties

1135 Bragdon Rd, Wells, ME 04090

Value Estimation by Request

6.07 AC lot

CAMPGROUND, RV PARK

563 Post Rd, Wells, ME 04090-4026

Value Estimation by Request

5.50 AC lot

CAMPGROUND, RV PARK

76 Eldridge Rd, Wells, ME 04090-4047

Value Estimation by Request

724 sqft 15.20 AC lot

CAMPGROUND, RV PARK

Eldridge Rd, Wells, ME 04090

Value Estimation by Request

9.50 AC lot

CAMPGROUND, RV PARK

Alder St, Wells, ME 04090

Value Estimation by Request

1.90 AC lot

Wells, ME Residential Income Properties Market Trends and Statistics

Explore 16 residential income properties for sale in Wells, ME, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,135 square feet of properties for sale, with an estimated market value of $2,757,900.

Sale prices for residential income properties in Wells, ME start at $415,000, averaging $689,475, and reaching up to $989,000 — 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

Demographics Overview

Population 12K

Population Growth (5Y) +12.8%

Median Household Income $83,900

College Educated 51.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
04090	$699.2K

Taxes & Financing

Tax Rate (average for all types) 0.60%

Property Tax per SF $15.70 per SF

Tax Rate vs County Average 0.59 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in York County

New Delisted

Total CRE Inventory on Market (SF)

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