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  • $175,000

    21 Colonial Way, Machias, ME 04654

    4beds
    1,464sqft
    : 
    $1,179/mo
    Get pre-qualified
    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $120/sqft
    $-- HOA

    What's special

    Excellent opportunity to own a versatile two-unit property in the heart of Machias! Whether you're looking to expand your investment portfolio, live in one unit while renting the other, or create a mixed-use property, this duplex offers flexibility and income potential in a highly convenient in-town location. The property features two separate 2-bedroom, 1-bath apartments, each with its own entrance and dedicated off-street parking. The first-floor unit offers convenient single-level living with a spacious living room, eat-in kitchen, full bath, and two bedrooms. The second-floor unit, accessed by a private exterior staircase, includes an open living and dining area, kitchen, full bath, and two bedrooms. Located just minutes from the University of Maine at Machias, Down East Community Hospital, shopping, restaurants, and downtown businesses, the property is well-positioned to attract long-term tenants. The first-floor unit has also previously been used for commercial purposes, offering additional possibilities for those seeking a live/work space or business opportunity (subject to local regulations). Whether you're an experienced investor or purchasing your first income property, this is a chance to own a well-located duplex in one of Downeast Maine's commercial and educational hubs. Enjoy nearby attractions including Roque Bluffs State Park, Jasper Beach, the Bold Coast Trail, and the many outdoor recreation opportunities that make the Machias area such a desirable place to live.
    27 days
    |
    812
    |
    55
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Elevate Maine Realty

    Source: Maine Listings,MLS#: 1671761MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Hot Water, Zoned
      Cooling
      • None
      Features
      • Flooring: Laminate, Tile, Vinyl, Wood
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 1,464
      • Total interior livable area: 1,464 sqft
      • Finished area above ground: 1,464
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel, 5 - 10 Spaces, On Site, Off Street
      Features
      • Levels: Multi/Split
      • Stories: 2
      Lot
      • Size: 3,920 Square Feet
      • Features: Business District, City Lot, Near Golf Course, Near Public Beach, Near Shopping, Level
      Details
      • Parcel number: 21ColonialWayMachias04654
      • Zoning: None
      • Other equipment: Internet Access Available

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Clapboard
      • Foundation: Pillar/Post/Pier, Slab
      • Roof: Composition,Flat,Rolled/Hot Mop,Shingle
      Condition
      • Year built: 1940

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Machias

      Financial & listing details

      • Price per square foot: $120/sqft
      • Annual tax amount: $1,811
      • Date on market: 7/15/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/3/2026Listed for sale$175,000+29.6%$120/sqft
        Source: Maine Listings #1668853 Report a problem
        9/12/2024Sold$135,000-15.1%$92/sqft
        Source: Maine Listings #1586151 Report a problem
        7/29/2024Contingent$159,000$109/sqft
        Source: Maine Listings #1586151 Report a problem
        4/11/2024Listed for sale$159,000$109/sqft
        Source: Maine Listings #1586151 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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: 04654

        Getting around

        60 / 100
        Somewhat Walkable
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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