$675,000

767 River Rd Mexico, ME 04257

Estimated payment $3,985/month

-- Bed
5 Baths
4,740 Sq Ft
$142 Price per Sq Ft

Highlights

  • 803 Feet of Waterfront
  • 1.57 Acre Lot
  • Wooded Lot
  • Scenic Views
  • Deck
  • Wood Flooring

About This Home

Opportunity awaits at this versatile mixed-use property on highly visible Route 2 in Mexico, Maine. Set on 1.57 acres, this unique property offers a blend of residential and commercial potential with a rich local history dating back to the early 1900s. Currently configured with five one-bedroom, one-bathroom apartments, dedicated office space, and a detached studio, the property presents multiple possibilities for investors, owner-occupants, or those seeking live/work flexibility. Inside, you'll find character throughout, including beautiful hardwood flooring in many areas and updates completed over time to support continued use and functionality. Additional features include an exterior-entry event space complete with a kitchen and bathroom, creating opportunities for gatherings, business use, workshops, or expanded rental potential (subject to local approvals). The detached studio further enhances the flexibility of the property as office, creative, rental, or auxiliary space. Outside, the grounds are thoughtfully landscaped with established perennial gardens that add seasonal color and enhance the property's inviting curb appeal. Once operated as an inn in the 1930s and later adapted for residential and commercial purposes, this property continues to evolve while maintaining its prominent location and historic charm. With ample space, excellent visibility, and multiple income streams, this is a rare chance to own a distinctive property with history, flexibility, and future potential in Western Maine.

Listing Agent

Emily Weeks

Keller Williams Realty Brokerage Phone: 207-314-2112 Listed on: 07/02/2026

Keller Williams Realty

Co-Listing Agent

Elizabeth Walker

Keller Williams Realty Brokerage Phone: 207-314-2112

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,066

Year Built

  • Built in 1900

Lot Details

  • 1.57 Acre Lot
  • 803 Feet of Waterfront
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

Property Views

  • Scenic Vista
  • Woods

Home Design

  • 4,740 Sq Ft Home
  • Farmhouse Style Home
  • Victorian Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Well

Additional Features

  • 5 Full Bathrooms
  • Property is near shops

Listing and Financial Details

  • Tax Lot 18

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $22,056
  • Gross Income $65,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,066

Year Built

Built in 1900

Lot Details

1.57 Acres

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 1.57
  • Road Surface Type: Paved
  • Water Body Name: Androscoggin
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 4740.00
  • Architectural Style: Farmhouse, Other, Victorian
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207-314-2112
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Water Info:Waterfront Amount -: 803.00
  • Water Info:Water Frontage Owned -: 803.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Entry, Dirt Floor, Full, Unfinished
  • Full Bathrooms: 5
  • Flooring: Carpet, Laminate, Vinyl, Wood

Exterior Features

  • Lot Features: Near Shopping, Rural, Level, Open Lot, Landscaped, Wooded
  • View: Fields, Scenic, Trees/Woods
  • Waterfront Features: Nearby, River/Brook/Stream
  • Waterfront: Yes
  • Construction Type: Wood Frame, Wood Siding
  • Foundation Details: Stone, Brick/Mortar
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, 11 - 20 Spaces, On Site, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 68389.20
  • Zoning: None

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 65400.00
  • Annual Operating Expense: 22056.00

Tax Info

  • Tax Annual Amount: 4066.00
  • Tax Lot: 18
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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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 $4,122 $140,200 $18,900 $121,300
2024 $4,066 $140,200 $18,900 $121,300
2023 $4,094 $140,200 $18,900 $121,300
2022 $4,410 $151,029 $18,900 $132,129
2021 $4,094 $140,200 $18,900 $121,300
2014 $4,147 $159,500 $18,900 $140,600
2012 $3,988 $159,500 $18,900 $140,600
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
07/02/2026 07/02/26 For Sale $675,000 +382.1% $142 / Sq Ft
01/19/2021 01/19/21 Sold $140,000 -5.1% $38 / Sq Ft View Prior Sale
12/22/2020 12/22/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $147,500 -- $40 / 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 $71,000 None Available
Warranty Deed -- None Available
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 $172,000 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1669955

Maine Listings

APN: MEXI-000001-000000-000018

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