Kurtis Marsh
Realty of Maine
(207) 945-8166
221 Total Sales
5 in Milford
$140K - $286K Price Range
88 Main Rd Milford, ME 04461
Milford AreaEstimated Value: $433,064
4
Beds
6
Baths
4,200
Sq Ft
$103/Sq Ft
Est. Value
Highlights
- No HOA
- Property is near shops
- Level Lot
- Cooling Available
- Baseboard Heating
- Carpet
About This Home
As of September 2025This well-maintained and recently renovated 6-unit multifamily property offers excellent income with strong, reliable cash flow. Five of the six units have been recently renovated this investment provides an attractive opportunity for both new and seasoned investors.
Key upgrades include new floors in five units, and new vinyl siding, ensuring low maintenance and long-term durability. The property features a combination of propane Rinnai heat in five units and a modern heat pumps in three units for optimal energy efficiency. Additionally, most of the windows have been replaced, further enhancing energy savings and tenant comfort.
Situated in the desirable Milford area, this property offers consistent rental demand and long-term appreciation potential. With its turnkey status and solid income stream, this is an ideal investment for anyone looking to expand their portfolio with minimal upfront work. Property management company already in place.
Don't miss out on this exceptional opportunity to own a fully updated, income-generating property in a growing community.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate/The Masiello Group Listed on: 08/05/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,341
Year Built
- Built in 1900
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
Home Design
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 6 Full Bathrooms
- 4,200 Sq Ft Home
- Multi-Level Property
Flooring
- Carpet
- Vinyl
Basement
- Interior Basement Entry
- Dirt Floor
Parking
- Gravel Driveway
- Off-Street Parking
Location
- Property is near shops
- City Lot
Utilities
- Cooling Available
- Heating System Uses Propane
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Tax Lot 100
- Assessor Parcel Number MILD-000023-000000-000100
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Operating Expense $24,954
- Gross Income $82,500
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2025
Closed on
Sep 11, 2025
Sold by
Bought by
Seller's Agent
Sarah Dyer
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Augustine Ofili
ERA Dawson-Bradford Co.
List Price
$550,000
Sold Price
$425,000
Premium/Discount to List
-$125,000
-22.73%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,064
Avg. Annual Appreciation
2.13%
Purchase Details
Closed on
Jan 6, 2020
Sold by
Bought by
Purchase Details
Listed on
Jun 15, 2017
Closed on
Feb 2, 2018
Sold by
Bought by
Seller's Agent
Bill Ingersoll
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Justin Gilbert
AllMaineHomes, LLC
List Price
$299,000
Sold Price
$200,000
Premium/Discount to List
-$99,000
-33.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$160,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 24, 2013
Closed on
Nov 19, 2013
Sold by
Bought by
Seller's Agent
Tracy Flagg
Realty of Maine
Buyer's Agent
Bill Ingersoll
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$164,918
Sold Price
$141,500
Premium/Discount to List
-$23,418
-14.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Milford, ME
-
Kurtis Marsh
-
Kyle Mcgeechan
Kyle Mcgeechan
Responds QuicklyTwo Rivers Realty, LLC
(888) 405-2452
115 Total Sales
2 in Milford
$168,400 Price Range
-
Mariya Doncheva
Mariya Doncheva
Realty of Maine
(207) 300-6105
178 Total Sales
3 in Milford
$180K - $370K Price Range
-
Rhonda Gopan
Rhonda Gopan
Berkshire Hathaway HomeServices Northeast Real Estate
(207) 275-6238
49 Total Sales
3 in Milford
$89K - $166K Price Range
-
Marjorie Turner
Marjorie Turner
True North Realty, Inc.
(207) 945-7675
126 Total Sales
2 in Milford
$222K - $230K Price Range
-
Kirk Toth
Kirk Toth
Strategic Real Estate Services
(207) 614-7733
106 Total Sales
1 in Milford
$250,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $425,000 | -- | ||
| -- | 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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $525,000 | ||
| Previous Owner | $60,000 | ||
| Previous Owner | $63,000 | ||
| Closed | $32,300 | ||
| Closed | $312,000 | ||
| Previous Owner | $160,000 |
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 |
|---|---|---|---|---|---|
| 09/11/2025 09/11/25 | Sold | $425,000 | -22.7% | $101 / Sq Ft | |
| 08/05/2025 08/05/25 | For Sale | $550,000 | +29.4% | $131 / Sq Ft | |
| 07/31/2025 07/31/25 | Off Market | $425,000 | -- | -- | |
| 06/22/2025 06/22/25 | Price Changed | $550,000 | -7.6% | $131 / Sq Ft | |
| 03/20/2025 03/20/25 | Price Changed | $595,000 | -8.5% | $142 / Sq Ft | |
| 01/15/2025 01/15/25 | For Sale | $650,000 | +225.0% | $155 / Sq Ft | |
| 02/01/2018 02/01/18 | Sold | $200,000 | -33.1% | $48 / Sq Ft | View Prior Sale |
| 11/16/2017 11/16/17 | Pending | -- | -- | -- | |
| 06/15/2017 06/15/17 | For Sale | $299,000 | +111.3% | $71 / Sq Ft | |
| 11/14/2013 11/14/13 | Sold | $141,500 | -14.2% | $34 / Sq Ft | View Prior Sale |
| 10/21/2013 10/21/13 | Pending | -- | -- | -- | |
| 09/05/2013 09/05/13 | For Sale | $164,918 | -- | $39 / Sq Ft |
Source: Maine Listings
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 | $4,917 | $199,800 | $17,200 | $182,600 |
| 2024 | $3,500 | $159,100 | $17,200 | $141,900 |
| 2023 | $3,341 | $159,100 | $17,200 | $141,900 |
| 2022 | $2,864 | $159,100 | $17,200 | $141,900 |
| 2021 | $2,864 | $159,100 | $17,200 | $141,900 |
| 2020 | $3,102 | $159,100 | $17,200 | $141,900 |
| 2019 | $3,341 | $159,100 | $17,200 | $141,900 |
| 2018 | $2,909 | $138,500 | $17,200 | $121,300 |
| 2017 | $2,812 | $138,500 | $17,200 | $121,300 |
| 2016 | $2,666 | $138,500 | $17,200 | $121,300 |
| 2015 | $2,541 | $138,500 | $17,200 | $121,300 |
| 2014 | $2,299 | $138,500 | $17,200 | $121,300 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Dyer
S
Seller's Agent in 2025
Sarah Dyer
Better Homes & Gardens Real Estate/The Masiello Group
(207) 942-6711
3 Total Sales
-
Augustine Ofili
Buyer's Agent in 2025
Augustine Ofili
ERA Dawson-Bradford Co.
(203) 768-4134
259 Total Sales
-
B
Seller's Agent in 2018
Bill Ingersoll
Better Homes & Gardens Real Estate/The Masiello Group
-
J
Buyer's Agent in 2018
Justin Gilbert
AllMaineHomes, LLC
-
T
Seller's Agent in 2013
Tracy Flagg
Realty of Maine
Map
Source: Maine Listings
MLS Number: 1612603
APN: MILD-000023-000000-000100
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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