AMAZING LOCATION IN THE HEART OF FARMINGTON'S DOWNTOWN VILLAGE DISTRICT!!! This property has been meticulously maintained by the same owners for the past 35 years and offers a strong rental history. The first floor has been home to a physical therapy practice since 1991. The space offers a large reception area and waiting area with a bathroom. There are five exam rooms, a beautiful physical therapy space with plenty of natural light and hardwood floors, a lab space, an administrative office, a therapist office with docking stations and an additional full bathroom with laundry. Parking is not an issue with the paved private driveway leading to the large, paved parking lot. On street parking is also available for patients. The second floor is a spacious, four-bedroom one bath unit with laundry on site as well. The open concept living, dining and kitchen offers ample space for entertaining family and friends. This property is within walking distance of the Downtown Business District, local and state educational facilities, public trail systems and parks and the community center is just across the street. You can't ask for a more convenient location for a property that generates over $34,000 annually in net proceeds with an increase projected for 2026. This can be an owner occupied, multi-use building with a commercial tenant on the first floor. Currently there are tenants on the second floor with a medical practice on the first floor. It would not take much to convert this property back into a full residential home after the current leases expire. COME AND EXPLORE THE POSSIBILITIES!!!
Active
Price cut: $15K (5/20)
$485,000
128 Middle Street, Farmington, ME 04938
4beds
3,698sqft
Multi Family
Built in 1884
-- sqft lot
$-- Zestimate®
$131/sqft
$-- HOA
What's special
Paved private drivewayAdministrative officeLarge reception areaHardwood floorsFive exam roomsLab spaceLarge paved parking lot
- 78 days |
- 291 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Palmer Realty Group 800-988-3055
Source: Maine Listings,MLS#: 1657464
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
Heating
- Baseboard, Hot Water
Cooling
- Wall Unit(s)
Features
- Bathtub, Shower, Storage, Walk-In Closet(s)
- Flooring: Carpet, Vinyl, Wood
- Basement: Interior Entry,Crawl Space,Full,Partial,Unfinished
Interior area
- Total structure area: 3,698
- Total interior livable area: 3,698 sqft
- Finished area above ground: 3,698
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 11 - 20 Spaces, On Site, Off Street, On Street
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
Lot
- Size: 0.27 Acres
- Features: Business District, Level, Open Lot
Details
- Parcel number: FARNMU13L004
- Zoning: Village
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone
- Roof: Metal
Condition
- Year built: 1884
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: $131/sqft
- Tax assessed value: $175,400
- Annual tax amount: $5,019
- Date on market: 4/11/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Price change | $485,000-3%$131/sqft |
Source: | ||
| 4/11/2026 | Listed for sale | $499,999+471.4%$135/sqft |
Source: | ||
| 5/15/1991 | Sold | $87,500$24/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,762 +7.7% | $175,400 |
| 2023 | $3,492 +10.6% | $175,400 |
| 2022 | $3,157 -6.3% | $175,400 |
| 2021 | $3,368 | $175,400 |
| 2020 | $3,368 -3.7% | $175,400 +0.2% |
| 2019 | $3,497 +2.1% | $175,000 |
| 2018 | $3,425 -1.9% | $175,000 |
| 2017 | $3,490 +3.4% | $175,000 |
| 2016 | $3,374 +2.6% | $175,000 |
| 2015 | $3,290 +8.3% | $175,000 -0.2% |
| 2014 | $3,038 +10% | $175,400 |
| 2013 | $2,763 -6% | $175,400 -0.9% |
| 2012 | $2,938 +3.7% | $177,000 |
| 2011 | $2,834 +4.7% | $177,000 |
| 2009 | $2,708 +0.1% | $177,000 |
| 2008 | $2,705 +9.7% | $177,000 +13.7% |
| 2006 | $2,465 | $155,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 04938
Nearby schools
GreatSchools rating
- NAFoster Regional Applied Tech CenterGrades: Distance: 2.3 mi
- 3/10Mt Blue Middle SchoolGrades: 6-8Distance: 0.7 mi
- NAW G Mallett SchoolGrades: PK-2Distance: 0.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Franklin County
- Farmington
- 04938
- 128 Middle Street





