BLANK CANVAS. BUILT-IN POTENTIAL. YOUR VISION STARTS HERE. Opportunity is knocking in Monmouth! If you've been waiting for a multifamily property where you can create the finished product your way, 138 N Main St deserves your attention. This duplex has already undergone a major transformation on the exterior, including new vinyl siding, new roof, new windows, new exterior doors, new decks and updated entryways. Inside, the property has been completely gutted and reframed, leaving a true blank canvas for the next owner to design and finish. The seller has intentionally stopped at this stage, giving the next owner the opportunity to determine the interior layout, finishes and final vision rather than paying for someone else's choices. Whether your strategy is to create two thoughtfully designed rental units, build an owner-occupied multifamily property, or take on a value-add project with the goal of maximizing the finished property's potential, this is the kind of opportunity that doesn't come along every day. The heavy lifting has already begun. The exterior has been brought forward, the interior has been opened up, and now it's time for the next owner to finish what was started. Located in Monmouth with convenient access to the surrounding communities, this property offers an exciting combination of multifamily potential, flexibility and value-add opportunity.
Active
Price cut: $1K (9/25)
$248,000
128 N Main Street, Monmouth, ME 04265
7beds
2,268sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$109/sqft
$-- HOA
What's special
New decksNew roofNew exterior doorsNew vinyl sidingUpdated entrywaysNew windows
- 26 days
- 736
- 37
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
The Maine Real Estate Experience
Source: Maine Listings,MLS#: 1680392
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Flooring: Other
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,268
- Total interior livable area: 2,268 sqft
- Finished area above ground: 2,268
- Finished area below ground: 0
Property
Parking
- Parking features: Other, Off Street
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
Lot
- Size: 7,840 Square Feet
- Features: City Lot, Other
Details
- Parcel number: MONMM52L63
- Zoning: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Private, Well
Community & HOA
Location
- Region: North Monmouth
Financial & listing details
- Price per square foot: $109/sqft
- Tax assessed value: $128,500
- Annual tax amount: $990
- Date on market: 9/13/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Price change | $248,000-0.4%$109/sqft |
Source: | ||
| 9/13/2026 | Listed for sale | $249,000$110/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,628 +13% | $128,500 |
| 2023 | $2,326 +6.8% | $128,500 +15% |
| 2022 | $2,178 +7.4% | $111,700 |
| 2021 | $2,027 | $111,700 |
| 2020 | $2,027 +3.4% | $111,700 |
| 2018 | $1,960 | $111,700 |
| 2017 | $1,960 +5.4% | $111,700 -0.5% |
| 2016 | $1,859 +6.1% | $112,300 |
| 2015 | $1,752 +7.2% | $112,300 |
| 2013 | $1,634 | $112,300 |
Find assessor info on the county website
Monthly payment
Est. payment






