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  • $377,000

    29 Lawrence Avenue, Fairfield, ME 04937

    7beds
    4,473sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $384,600 Zestimate®
    $84/sqft
    $1,246 Estimated rent

    Home value

    $384,600

    $365,000 - $404,000

    $1,246/mo

    Zestimate® history
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    What's special

    Seamless metal roofGenerous living spaceComfortable layoutLarge paved parking areaAmple off street parkingFour spacious units
    Excellent opportunity to own a well maintained 4-unit multifamily property in the heart of Fairfield. This property offers strong current income with additional upside through below-market rents, making it an attractive investment for both new and experienced investors. The building features approximately 4,500 square feet of living space with four spacious units, all of which have been updated and are currently occupied. Each unit offers a comfortable layout and generous living space, appealing to long term tenants. Major improvements have already been completed, including a new furnace installed in 2026, a seamless metal roof installed approximately 5 years ago, and most windows replaced within the last 2 years. The property also includes a large paved parking area with ample off street parking, a valuable feature for tenants. Conveniently located close to schools, downtown Fairfield, the highway, and a nearby park, the property provides an ideal location for tenants and contributes to consistent occupancy. Each unit pays their own electricity, while the owner currently covers heat and hot water. Whether you're expanding an existing portfolio or acquiring your first multifamily investment, this well maintained 4-unit in a prime Fairfield location is a solid opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Coldwell Banker Realty

    Bought with:

    Century 21 Nason Realty

    Source: Maine Listings,MLS#: 1653584MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Baseboard, Forced Air, Hot Water, Zoned
    Cooling
    • None
    Features
    • Flooring: Carpet, Laminate, Vinyl, Wood
    • Windows: Double Pane Windows, Storm Window(s)
    • Basement: Interior Entry
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 4,473
    • Total interior livable area: 4,473 sqft
    • Finished area above ground: 4,473
    • Finished area below ground: 0

    Property

    Accessibility
    • Accessibility features: 32 - 36 Inch Doors
    Features
    • Levels: Multi/Split
    • Stories: 3
    • Patio & porch: Porch
    Lot
    • Size: 0.33 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: FAIDM018L143
    • Zoning: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other,Victorian
    • Property subtype: Multi Family
    Materials
    • Roof: Fiberglass,Metal,Pitched,Shingle
    Condition
    • Year built: 1880

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Fairfield

    Other

    Other facts
    • Listing terms: 1031 Exchange

    Price history

    DateEventPrice
    4/30/2026Sold$377,000-3.1%$84/sqft
    Source: Maine Listings #1653584 Report a problem
    3/18/2026Pending sale$389,000$87/sqft
    Source: Maine Listings #1653584 Report a problem
    3/6/2026Listed for sale$389,000+69.1%$87/sqft
    Source: Maine Listings #1653584 Report a problem
    12/17/2021Sold$230,000-8%$51/sqft
    Source: Maine Listings #1483842 Report a problem
    11/11/2021Pending sale$249,900$56/sqft
    Source: Maine Listings #1483842 Report a problem
    10/4/2021Price change$249,900+11.1%$56/sqft
    Source: Maine Listings #1483842 Report a problem
    9/27/2021Pending sale$225,000$50/sqft
    Source: Maine Listings #1483842 Report a problem
    9/24/2021Listing removed--
    Source: Maine Listings #1483842 Report a problem
    9/24/2021Listed for sale$225,000$50/sqft
    Source: Maine Listings #1483842 Report a problem
    6/7/2021Pending sale$225,000$50/sqft
    Source: Maine Listings #1483842 Report a problem
    6/7/2021Contingent$225,000$50/sqft
    Source: Maine Listings #1483842 Report a problem
    5/22/2021Listed for sale$225,000+12.6%$50/sqft
    Source: Maine Listings #1483842 Report a problem
    4/7/2021Listing removed--
    Source: Keller Williams Report a problem
    3/9/2021Listed for sale$199,900$45/sqft
    Source: Maine Listings #1483842 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,010 $140,000
    2023$3,010 +2.4%$140,000
    2022$2,940 -4.5%$140,000
    2021$3,080 -1.3%$140,000
    2020$3,122 $140,000
    2019$3,122 -2.2%$140,000
    2018$3,192 $140,000
    2017$3,192 +1.8%$140,000
    2016$3,136 +3.2%$140,000
    2015$3,038 +7.1%$140,000 -0.1%
    2014$2,837 $140,100
    2013$2,837 +2.8%$140,100
    2012$2,760 +2.6%$140,100
    2011$2,690 +17.1%$140,100 +15.6%
    2009$2,297 $121,200

    Find assessor info on the county website

    Neighborhood: 04937

    Nearby schools

    GreatSchools rating
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