$214,900
$5K PRICE INCREASE

194 and 196 Katahdin Ave Millinocket, ME 04462

Estimated payment $1,383/month

Total Views 6,044
8 Beds
3 Baths
3,316 Sq Ft
$65 Price per Sq Ft

About This Home

In Millinocket we have an investment property available that has three units! There are two separate buildings. The front building is a duplex where the front half is 3-4 bedrooms with 1 bathroom, while the rear half is 2 bedrooms with 1 bathroom. The second building on the property is an occupied single-family home that is 2 bedrooms, 1 bathroom. All units have separately metered utilities. The duplex is in need of additional TLC and cosmetic work, but many upgrades and improvements have taken place recently! Newer furnaces, roofing, and upgraded electrical are some of the newer improvements. This could be an opportunity where you live in one unit and rent out the others to cover your living expenses!

This 0.18+/- acre property is located within easy walking distance to downtown Millinocket, close to grocery store, restaurants, hospital, gas station, snowmobile, ATV, biking, and hiking trails, and right on the way to Baxter State Park, Mount Katahdin, and the great North Maine Woods! If you are a recreational enthusiast, this is the place to be!

Asking Price: $214,900*** (As Owner continues to make improvements to the home, the price will increase.)

Owner Financing is available to qualified Buyers with a minimum down payment of $20,000 and minimum monthly payments of $1,750!

Lacey Farrar

Listed on: 07/18/2025

Listing Provided By

Home Details

Home Type

  • Single Family

Lot Details

  • Level Lot
  • Current uses include residential multi-family
  • Potential uses include residential multi-family

Parking

  • Uncovered Parking

Home Design

  • Metal Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Wildlife includes whitetail deer, grouse, moose, bears, turkeys
  • Overhead Utilities

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Bedrooms: Beds: 8
  • BathsCombined: 3
  • Office Phone: 207-630-2952
  • Listing Website: https://www.land.com/property/194-and-196-katahdin-ave-millinocket-maine-04462/24186567/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Potential Use: Residential Multi-Family
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 3

Exterior Features

  • Roof: Metal
  • Road Description: Asphalt, City
  • Other Structures: None
  • Wildlife: Whitetail Deer, Grouse, Moose, Bear, Turkey

Garage/Parking

  • Parking Type: Uncovered

Lot Info

  • Current Use: Residential Multi-Family
  • Lot Description: Level

Multi Family

  • Utilities Available: City Sewer, City Water, Overhead Utilities

Map

Range of Values:

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Average Value
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List 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 Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $214,900 +2.4% $65 / Sq Ft
07/18/2025 07/18/25 For Sale $209,900 -- $63 / Sq Ft