Turnkey 5-Unit Investment Opportunity in Brewer, Maine! This centrally located multi-family property features a strong unit mix of three 1-bedroom apartments and two 2-bedroom apartments, offering excellent rental flexibility and steady income potential. The property boasts a large driveway with ample off-street parking. Ideally situated close to local shops, restaurants, and everyday amenities, this building offers easy access to surrounding towns while maintaining a desirable neighborhood setting. Whether you're expanding your portfolio or entering the investment market, this well-positioned Brewer property is a smart addition!
Yearly expenses:
• Natural Gas -- $4,400
• Electric -- $1,500
• Water & Sewer -- $4,800
• Maintenance (Estimated) -- $700-$800
Rents are currently:
1- Vacant
2- $1150
3-$1200
4-$1450
5-$1181
Active
Price cut: $10K (4/6)
$579,000
534 S Main Street, Brewer, ME 04412
7beds
3,604sqft
Multi Family
Built in 1850
-- sqft lot
$559,000 Zestimate®
$161/sqft
$-- HOA
What's special
- 115 days |
- 157 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
NextHome Experience
Source: Maine Listings,MLS#: 1653195
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Hot Water, Zoned, Radiator
Cooling
- None
Features
- Flooring: Carpet, Tile
- Basement: Interior Entry,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,604
- Total interior livable area: 3,604 sqft
- Finished area above ground: 3,604
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Gravel, 5 - 10 Spaces
- Attached garage spaces: 2
Features
- Stories: 2
Lot
- Size: 0.58 Acres
- Features: City Lot, Near Golf Course, Near Shopping, Neighborhood, Near Railroad, Level, Open Lot, Sidewalks
Details
- Zoning: CB
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone, Pillar/Post/Pier, Brick/Mortar
- Roof: Metal,Pitched
Condition
- Year built: 1850
Utilities & green energy
- Electric: Circuit Breakers, Fuses
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Brewer
Financial & listing details
- Price per square foot: $161/sqft
- Annual tax amount: $6,086
- Date on market: 3/4/2026
- Road surface type: Paved
Estimated market value
$559,000
$531,000 - $587,000
$1,186/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Price change | $579,000-1.7%$161/sqft |
Source: | ||
| 3/4/2026 | Listed for sale | $589,000+156.1%$163/sqft |
Source: | ||
| 6/3/2019 | Sold | $230,000$64/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04412
Nearby schools
GreatSchools rating
- 7/10Brewer Community SchoolGrades: PK-8Distance: 0.6 mi
- 4/10Brewer High SchoolGrades: 9-12Distance: 1.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Penobscot County
- Brewer
- 04412
- 534 S Main Street







