Excellent investment opportunity in Farmington! This well-maintained 2 unit is ideally located just minutes from the university, making it highly appealing for student rentals.
Each unit features two bedrooms, a functional layout, and abundant natural light. The first-floor unit has been completely renovated, including new doors, a new bathroom vanity, a new bathtub and shower surround, new kitchen cabinets and fixtures, and new flooring offering modern appeal and added value.
Whether you're looking to owner-occupy while offsetting your mortgage or expand your investment portfolio, this property offers strong and consistent income potential.
Situated on a quiet road, the property also includes ample parking--an essential amenity for tenants. Building is currently vacant so easy to show and ready for owner occupied or pick your own tenants. Don't miss this chance to own this great investment!
Active
$229,000
102 Thomas Mcclellan Road, Farmington, ME 04938
4beds
1,428sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$200,400 Zestimate®
$160/sqft
$-- HOA
What's special
Abundant natural lightNew bathroom vanityNew doorsFunctional layoutAmple parking
- 2 days |
- 331 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
NextHome Experience
Source: Maine Listings,MLS#: 1658578
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water, Zoned
Cooling
- None
Features
- Flooring: Carpet, Laminate, Tile, Vinyl
- Windows: Double Pane Windows, Low Emissivity Windows
- Basement: Bulkhead,Exterior Entry
Interior area
- Total structure area: 1,428
- Total interior livable area: 1,428 sqft
- Finished area above ground: 1,428
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: 32 - 36 Inch Doors
Features
- Levels: Multi/Split
- Patio & porch: Porch
Lot
- Size: 3,920.4 Square Feet
Details
- Parcel number: FARNMU31L003
- Zoning: town
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Roof: Metal
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Farmington
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $75,100
- Annual tax amount: $1,894
- Date on market: 4/21/2026
Estimated market value
$200,400
$174,000 - $226,000
$1,086/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Listed for sale | $229,000+31.1%$160/sqft |
Source:  Maine Listings #1658578 Report a problem | ||
| 12/2/2024 | Listing removed | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/30/2024 | Listed for rent | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/24/2022 | Sold | $174,700+0.1%$122/sqft |
Source: Maine Listings #1541394 Report a problem | ||
| 9/21/2022 | Pending sale | $174,600$122/sqft |
Source: Maine Listings #1541394 Report a problem | ||
| 9/17/2022 | Price change | $174,600-36.4%$122/sqft |
Source: Maine Listings #1541394 Report a problem | ||
| 8/28/2022 | Listed for sale | $274,600+53.4%$192/sqft |
Source: Maine Listings #1541394 Report a problem | ||
| 6/24/2022 | Listing removed | -- |
Source: Maine Listings #1497741 Report a problem | ||
| 3/30/2022 | Price change | $179,000+12.6%$125/sqft |
Source: Maine Listings #1497741 Report a problem | ||
| 3/16/2022 | Pending sale | $159,000$111/sqft |
Source: Maine Listings #1497741 Report a problem | ||
| 11/6/2021 | Price change | $159,000-5.9%$111/sqft |
Source: Maine Listings #1497741 Report a problem | ||
| 9/26/2021 | Price change | $169,000-5.6%$118/sqft |
Source: Maine Listings #1497741 Report a problem | ||
| 6/23/2021 | Listed for sale | $179,000$125/sqft |
Source: Maine Listings #1497741 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,611 +7.8% | $75,100 |
| 2023 | $1,495 +10.6% | $75,100 |
| 2022 | $1,352 -6.2% | $75,100 |
| 2021 | $1,442 | $75,100 |
| 2020 | $1,442 -3.8% | $75,100 +0.1% |
| 2019 | $1,499 +2.1% | $75,000 |
| 2018 | $1,468 -1.9% | $75,000 |
| 2017 | $1,496 +3.5% | $75,000 |
| 2016 | $1,446 +2.6% | $75,000 |
| 2015 | $1,410 +8.4% | $75,000 -0.1% |
| 2014 | $1,301 +10% | $75,100 |
| 2013 | $1,183 -11.3% | $75,100 -6.5% |
| 2012 | $1,333 +3.7% | $80,300 |
| 2011 | $1,286 +4.6% | $80,300 |
| 2009 | $1,229 +0.2% | $80,300 |
| 2008 | $1,227 +14.1% | $80,300 +18.3% |
| 2006 | $1,075 | $67,900 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,385/mo
Principal & interest
$1181
Property taxes
$204
More affordability tools
Climate risks
Neighborhood: 04938
Nearby schools
GreatSchools rating
- NAFoster Regional Applied Tech CenterGrades: Distance: 2 mi
- 3/10Mt Blue Middle SchoolGrades: 6-8Distance: 1.4 mi
- NAW G Mallett SchoolGrades: PK-2Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Franklin County
- Farmington
- 04938
- 102 Thomas Mcclellan Road
Nearby cities
Nearby zip codes
Other Farmington Topics
