$130,000

183 Main St Mexico, ME 04257

Estimated payment $879/month

Total Views 3,613
-- Bed
2 Baths
2,162 Sq Ft
$60 Price per Sq Ft

Highlights

  • Water Views
  • No HOA
  • Tile Flooring
  • New Englander Architecture
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

Opportunity knocks with this fully occupied duplex in a prime Main Street location. In addition to two well-sized residential units, the property features an unfinished attic space with potential for conversion into a third unit—creating a strong value-add play for the right investor (buyer to verify with town).

One of the existing units is currently rented below market, offering room for increased cash flow over time. The detached garage spaces generate additional monthly income and help boost overall returns.

Whether you're a seasoned investor or just getting started, this property offers the chance to increase value through strategic improvements and rental optimization.

Listing Agent

Tyler Stewart

Keller Williams Realty Listed on: 06/28/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,039

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,162 Sq Ft Home
  • Multi-Level Property
  • Water Views

Flooring

  • Tile
  • Vinyl

Unfinished Basement

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

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number MEXI-000020-000000-000104

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $20,142
  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,039

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Water Body Name: Androscoggin
  • MLS Status: Active
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2162.0
  • Architectural Style: Other, New Englander
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2162.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 27000.0
  • Income Expenses Operating Expenses: 20141.8
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Tank: Yes
  • Style:New Englander: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Common, Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: MEXI-000020-000000-000104
  • Zoning: DC

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27000.0
  • Annual Operating Expense: 20141.8

Tax Info

  • Tax Annual Amount: 2039.0
  • Tax Book Number: 5717
  • Tax Lot: 104
  • Tax Map Number: 20
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $2,039 $70,300 $11,800 $58,500
2023 $2,053 $70,300 $11,800 $58,500
2022 $2,053 $70,300 $11,800 $58,500
2021 $2,053 $70,300 $11,800 $58,500
2014 $1,828 $70,300 $11,800 $58,500
2012 $1,758 $70,300 $11,800 $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 For Sale $130,000 +100.0% $60 / Sq Ft
02/26/2021 02/26/21 Sold $65,000 -4.4% $30 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $68,000 -- $31 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $1,001 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,250 Stand Alone Refi Refinance Of Original Loan
Closed $52,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: Maine Listings

MLS Number: 1628523

Maine Listings

APN: MEXI-000020-000000-000104