$169,900
$5K PRICE DROP

11 Holman Ave Mexico, ME 04257

Mexico Area

Estimated payment $1,071/month

Total Views 3,579
-- Bed
3 Baths
2,268 Sq Ft
$75 Price per Sq Ft

Highlights

  • No HOA
  • Double Pane Windows
  • Property is near shops
  • Porch
  • Bathtub
  • Baseboard Heating

About This Home

Price Improvement! Don't miss this excellent opportunity to own a versatile 3-unit multi-family property at 11 Holman Ave in Mexico. Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking to add to your portfolio, this property offers outstanding value and long-term potential. The building features two 1-bedroom units and one spacious 3-bedroom unit with a flexible layout that could accommodate a 4th bedroom, home office or additional living space. Two of the three units are currently occupied, providing immediate rental income, while the vacant second-floor 1-bedroom unit offers the perfect opportunity for owner occupancy or a new tenant. All units include washer/dryer hookups. Conveniently located near shopping, schools, restaurants, and everyday amenities, 11 Holman Ave also provides easy access to the outdoor recreation Western Maine is known for, including hiking, skiing, snowmobiling, fishing, boating and ATV trails. Rumford and other major employment centers are just a short drive away. With its recent price reduction, strong rental history and excellent income potential, this is a great opportunity to build equity and invest in your future. Please allow 24 hours' notice for showings.

Listing Agent

Geoffrey Crain

RE/MAX Shoreline Listed on: 05/14/2026

RE/MAX Shoreline

Co-Listing Agent

Derrick Buckspan

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,757

Year Built

  • Built in 1934

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Membrane Roofing
  • Shingle Siding
  • Asbestos

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Refrigerator, Range
  • Tax Lot 26

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,565
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,757

Year Built

Built in 1934

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 2268.00
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Year Built: 1934
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Location:Location: Intown, Near Shopping
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Interior Entry, Full, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Bathtub
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Intown, Near Shopping, Level
  • Waterfront Features: Nearby
  • Waterfront: No
  • Exclusions: Refrigerator, Range
  • Construction Type: Wood Frame, Asbestos, Shingle Siding
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Porch
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, 1 - 4 Spaces, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 10

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.00
  • Zoning: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 29400.00
  • Annual Operating Expense: 12565.00

Tax Info

  • Tax Annual Amount: 1757.00
  • Tax Lot: 26
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,782 $60,600 $11,800 $48,800
2024 $1,757 $60,600 $11,800 $48,800
2023 $1,770 $60,600 $11,800 $48,800
2022 $1,770 $60,600 $11,800 $48,800
2021 $1,770 $60,600 $11,800 $48,800
2014 $1,576 $60,600 $11,800 $48,800
2012 $1,515 $60,600 $11,800 $48,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2026 07/22/26 Price Changed $169,900 -2.9% $75 / Sq Ft
05/14/2026 05/14/26 For Sale $174,900 +6.0% $77 / Sq Ft
09/08/2023 09/08/23 Sold $165,000 -2.7% $73 / Sq Ft View Prior Sale
08/04/2023 08/04/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $169,500 -- $75 / Sq Ft
Source: Maine Listings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $165,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $123,750 Purchase Money Mortgage
Previous Owner $36,000 New Conventional
Source: Public Records

Source: Maine Listings

MLS Number: 1662135

Maine Listings

APN: MEXI-000020-000000-000026

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