Exceptional multi-unit investment opportunity in the heart of downtown Belfast. This fully occupied property delivers immediate, stable cash flow with five residential units and one commercial office space, all currently rented. A rare turnkey asset in one of Maine's strongest coastal markets.
The residential mix includes one 2BR, two 1BR units, and two efficiency apartments, offering strong rental diversity and consistent demand. The commercial suite provides an ideal setup for professional services or a small business tenant.
Located less than 0.2 miles from Belfast Harbor, this property offers unmatched walkability. Tenants enjoy quick access to downtown restaurants, cafés, shops, the harbor walk, public docks, and waterfront amenities. City Park, local beaches, and the hospital are all within a mile, making this one of Belfast's most desirable and convenient locations. Property is also 1 mile the Belfast airport.
The building has seen thoughtful updates, including a four-year-old roof, recent boiler replacement and recent improvements that enhance safety, durability, and long-term performance.
This is a rare chance to acquire a fully stabilized, income-producing multi-unit property in a premier coastal location with strong appreciation potential and zero downtime.
Active
Price cut: $90K (6/23)
$750,000
78 High Street, Belfast, ME 04915
4beds
--sqft
Multi Family
Built in 1912
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Recent boiler replacement
- 11 days |
- 244 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Realty
Source: Maine Listings,MLS#: 1649147
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Other, Wood
- Basement: Exterior Entry,Full,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Paved, 5 - 10 Spaces
Features
- Stories: 3
Lot
- Size: 8,276 Square Feet
- Features: Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Level, Open Lot, Sidewalks
Details
- Parcel number: 78HIGHSTREET00BELFAST370152
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander,Victorian
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Granite, Poured Concrete
- Roof: Pitched,Shingle
Condition
- Year built: 1912
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Belfast
Financial & listing details
- Annual tax amount: $6,190
- Date on market: 6/17/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,825/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $750,000-10.7% |
Source: | ||
| 6/17/2026 | Listed for sale | $840,000-5.4% |
Source: | ||
| 3/21/2026 | Listing removed | $888,000 |
Source: | ||
| 3/3/2026 | Price change | $888,000-3.5% |
Source: | ||
| 1/13/2026 | Listed for sale | $920,000+8.2% |
Source: | ||
| 1/9/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/25/2025 | Listed for sale | $850,000 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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: 04915
Nearby schools
GreatSchools rating
- 7/10Captain Albert W. Stevens SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Troy A Howard Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Belfast Area High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Waldo County
- Belfast
- 04915
- 78 High Street






