$450,000
$39K PRICE DROP

185 Elm St Brewer, ME 04412

Estimated payment $2,796/month

Total Views 9,226
-- Bed
4 Baths
2,333 Sq Ft
$193 Price per Sq Ft

Highlights

  • 1.2 Acre Lot
  • Deck
  • Forced Air Heating System
  • Colonial Architecture
  • No HOA
  • 4 Car Garage

About This Home

4-units, w/3-one-bedroom apts & one 2-bedroom apt. First floor could be multigenerational by removal of one door. Well-constructed building with 2,333 SF of living space. The front of the building has an 8' x 34' enclosed porch. The heating system is an FHA furnace and each unit has their own electric hot water heater and electric panel. The water is private and the sewer is public. Radon was tested in 2023 and are at acceptable levels. Furnace was new in 2019 and well was tested in 2020. There is an oversized heated garage with 832 SF. There is approximately 1.2 acres of land. Seller will contribute a substantial amount toward buyer's interest rate.

Listing Agent

Philip Adams

Adams Real Estate Listed on: 10/20/2025

Co-Listing Agent

Hilma Adams

Adams Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,136

Year Built

  • Built in 1900

Parking

  • 4 Car Garage

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 4 Full Bathrooms
  • 2,333 Sq Ft Home
  • Exterior Basement Entry

Flooring

  • Carpet
  • Vinyl

Utilities

  • No Cooling
  • Forced Air Heating System
  • Well

Additional Features

  • Deck
  • 1.2 Acre Lot

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number BRER-000011-000000-000016

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $25,317
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,136

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.2
  • Co List Office Phone: 207-990-3929
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 2333.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1900
  • Contract Information:List PriceSqFt: 192.88
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Exterior Entry
  • Full Bathrooms: 4
  • Flooring: Carpet, Vinyl

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Brewer Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 52272.0
  • Parcel #: BRER-000011-000000-000016
  • Zoning: MDR-1

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 25317.0

Tax Info

  • Tax Annual Amount: 5136.0
  • Tax Lot: 16

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2025 11/17/25 Price Changed $450,000 -4.3% $193 / Sq Ft
10/20/2025 10/20/25 For Sale $470,000 0.0% $201 / Sq Ft
10/02/2025 10/02/25 Pending -- -- --
07/14/2025 07/14/25 Price Changed $470,000 -3.9% $201 / Sq Ft
06/20/2025 06/20/25 For Sale $489,000 -- $210 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1626549

Maine Listings
Maine Penobscot County Brewer 04412

185 Elm St, Brewer, ME

For Sale

MultiFamily

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Philip Adams
Listing Agent
Philip Adams
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Adams Real Estate
(207) 410-4834