Skip main navigation
For sale by owner
  • Price increase: $155K (7/4)
    $275,000

    460 Main St, Lincoln, ME 04457

    7beds
    3,500sqft
    : 
    $1,925/mo
    Get pre-qualified
    MultiFamily
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $79/sqft
    $-- HOA

    What's special

    Four well-demised units
    Exceptional 4-Unit Multifamily Investment Opportunity in Lincoln, ME Investors and owner-occupants take notice! Located at 460 Main St, this classic 4-unit property offers a spacious 3,464 sq ft layout on a 0.28-acre lot, presenting a fantastic foundation for a high-performing real estate portfolio. The Heavy Lifting is Done: This building is fully updated to meet all current municipal coding and safety requirements. You can take over with absolute peace of mind knowing the regulatory and structural compliance is fully buttoned up and turnkey. Significant Value-Add Upside: While the core systems and code requirements are strictly met, this property still leaves plenty of meat on the bone for a savvy investor. Through strategic cosmetic upgrades, unit modernization, and operational optimizations, there is a clear path to force appreciation, drive rent growth, and maximize cash flow and overall yield. Featuring 7 total bedrooms and 4 full bathrooms across four well-demised units, the property is perfectly positioned to capture strong tenant demand. Whether you are looking to structure a creative financing deal, expand a local portfolio, or house-hack your way into a cash-flowing asset, this property delivers both immediate stability and tremendous future upside.
    What the owner loves about this home
    Completely redone. Seperate electric service with house meter. Solid rental history!
    49 days
    |
    313
    |
    13
    |
    Listed by:

    Property Owner (850) 420-1286

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Propane / Butane
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Washer
      Features
      • Flooring: Hardwood
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 3,500 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Off-street
      Features
      • Exterior features: Vinyl
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      Lot
      • Size: 0.28 Acres
      Details
      • Zoning: C2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      Materials
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Water: Public

      Community & HOA

      Location
      • Region: Lincoln

      Financial & listing details

      • Price per square foot: $79/sqft
      • Annual tax amount: $1,555
      • Date on market: 7/4/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,309/mo

        Price history

        DateEventPrice
        7/4/2026Price change$275,000+129.2%$79/sqft
        Source: Owner Report a problem
        1/25/2023Pending sale$120,000+4.3%$34/sqft
        Source: Maine Listings #1548826 Report a problem
        1/20/2023Sold$115,000-4.2%$33/sqft
        Source: Maine Listings #1548826 Report a problem
        11/28/2022Contingent$120,000$34/sqft
        Source: Maine Listings #1548826 Report a problem
        11/26/2022Listed for sale$120,000+140%$34/sqft
        Source: Maine Listings #1548826 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        10/11/2011Listing removed$50,000$14/sqft
        Source: Owner Report a problem
        9/11/2011Listed for sale$50,000$14/sqft
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 04457

        Getting around

        0 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts