Skip main navigation
Closed
  • $270,000

    395 Fourth Street, Old Town, ME 04468

    5beds
    2,100sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $270,000 Zestimate®
    $129/sqft
    $2,289 Estimated rent

    What's special

    Located in the heart of Old Town and just minutes from the University of Maine, this well-maintained 2-unit apartment building offers the perfect blend of investment potential and personal use. Whether you're a first-time homebuyer looking to offset your mortgage with rental income, or a parent seeking safe, affordable housing for your student, this is a smart and versatile opportunity. The spacious first-floor unit features 3 bedrooms and 1 full bath, complete with a washer and dryer, making it move-in ready for an owner-occupant or tenant. The second-floor unit offers 2 bedrooms and 1 bath, ideal for additional rental income or student housing. Enjoy a paved driveway and ample off-street parking for both units. Many of the property's major systems have been updated over the years, giving peace of mind to buyers. The building is in great condition and shows pride of ownership throughout. With the University so close, rental demand in the area is strong and steady. This is a rare chance to build equity, reduce monthly housing costs, and own a property in one of Old Town's most convenient locations.

    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2025 at 11:47am

    Listed by:

    United Country Lifestyle Properties of Maine 207-794-6164

    Bought with:

    NextHome Experience

    NextHome Experience

    Source: Maine Listings,MLS#: 1626063MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water, Baseboard
    Cooling
    • None
    Features
    • Pantry
    • Flooring: Laminate
    • Basement: Dirt Floor,Full,Exterior Only
    • Has fireplace: No
    Interior area
    • Total structure area: 2,100
    • Total interior livable area: 2,100 sqft
    • Finished area above ground: 2,100
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: 1 - 4 Spaces, Paved
    Features
    • Stories: 2
    Lot
    • Size: 6,969 sqft
    • Features: Level, City Lot
    Details
    • Parcel number: OLDNM026L221
    • Zoning: General Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Stone, Granite, Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On, Pole

    Community & neighborhood

    Location
    • Region: Old Town

    Other

    Other facts
    • Road surface type: Paved
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.