Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Sandy River Realty
Property view
Listing view 2
Listing view 3

183-185 Main Street, 
Belfast, ME 04915

$779,999


Bed


8

Baths


6,700

Sq Ft


Multi-Family

Active

Listed by

Zachariah Oja

Dream Home Realty LLC.

Last updated:

January 15, 2026, 09:49 PM

MLS#

1649465

Source:

ME MREIS

About This Home

183-185 Main Street

Welcome to 183-185 Main St, a compelling opportunity to acquire a two-building multifamily property located in the heart of downtown Belfast. The property totals approximately 6,700± square feet and is positioned directly on Main Street, offering walkable access to the waterfront, restaurants, shops, and local amenities. Per municipal records, the property is assessed as a four (4) unit multifamily. The property has been operated as an eight (8) unit residential rental for approximately 20 years, consisting of seven (7) one-bedroom units and one (1) two-bedroom unit. Buyer to perform all due diligence regarding unit count, zoning, fire/life safety, and permitted use. Current in-place monthly income is approximately $6,850, with one unit currently owner-occupied. Market rents support approximately $1,100/month for one-bedroom units and $1,400/month for the two-bedroom unit, including the owner-occupied unit. Upon lease-up and stabilization, the property supports an estimated additional $3,900/month, for a total stabilized monthly income of approximately $10,750±, offering clear upside through rent optimization. The offering includes two separate buildings on one parcel, providing flexibility for ownership, management, and future improvements. Strong downtown rental demand, Main Street frontage, and proximity to Route 1 contribute to long-term investment appeal. This property is well-suited for investors seeking a stable downtown asset with in-place income and identifiable upside. Property offered as-is.

Home Facts

Multi-Family

8 Baths

Built in 1858

Price Summary

779,999

$116 per Sq. Ft.

MLS #:

1649465

Last Updated:

January 15, 2026, 09:49 PM


Rooms & Interior

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

6,700 Sq. Ft.


Structure

Structure

Architectural Style:

Colonial

Building Area:

6,700 Sq. Ft.

Year Built:

1858


Lot

Lot Size (Sq. Ft):

14,810


Finances & Disclosures

Finances

Price:

$779,999

Price per Sq. Ft:

$116 per Sq. Ft.

MLS Logo
MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.