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Milford, ME Multifamily Home for Sale

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    $550,000

    • 6 Baths
    • 4,200 Sq Ft

    88 Main Rd, Milford, ME 04461

    This well-maintained and recently renovated 6-unit multifamily property offers excellent income with strong, reliable cash flow. Five of the six units have been recently renovated this investment provides an attractive opportunity for both new and seasoned investors.Key upgrades include new floors in five units, and new vinyl siding, ensuring low maintenance and long-term durability. The property

    Sarah Dyer Better Homes & Gardens Real Estate/The Masiello Group

    88 Main Rd, Milford, ME 04461

Why Live in Milford

Milford, ME, is a small town located 12 miles from Bangor along the Penobscot River. The town is known for its historic Milford Dam and the sawmills that once lined the river. Today, Milford features a variety of home styles, including manufactured homes, Colonial Revivals, ranch-style, and split-level houses, many built in the early to mid-1900s. The town offers a range of yard sizes, with some homes boasting views of the water and others surrounded by forests. Milford is a walkable community with numerous sidewalks, making it easy for residents to stroll, jog, or walk their dogs. U.S. Route 2 serves as a main thoroughfare, connecting Milford to nearby towns and Bangor International Airport, which is 15 miles away. For dining and shopping, residents often visit Old Town, just across the river, where they can enjoy Maine-style seafood at Pepper’s Landing or rooftop dining at KANÙ. Recreational options in Milford include the Milford Playground, Binette Park in Old Town, and the Sunkhaze Meadows National Wildlife Refuge, which offers hiking trails and is home to endangered species. The town's public schools offer a range of ratings, providing various educational opportunities for local students. With its scenic surroundings and community-oriented atmosphere, Milford presents a blend of natural beauty and practical amenities, making it a unique place to live.

Home Trends in Milford, ME

Housing Trends

Median Sale Price
$260,000
Median Single Family Sale Price
$370,000
Median Townhouse Sale Price
$180,000
Median 2 Bedroom Sale Price
$180,000
Average Price Per Sq Ft
$185
Number of Homes for Sale
1
Last 12 months Home Sales
21
Months of Supply
0.60
Median List Price
$269,900
Median Change From 1st List Price
1%
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