Amazing Investment Opportunity! PRICE IMPROVEMENT - This beautifully maintained and charming 2-unit property in the heart of Milbridge offers established tenants and a strong rental history, both short-term and long-term. This turn-of-the century property still has the original cranberry glass in some of the windows. Numerous updates make this an outstanding opportunity--ideal for investment or owner-occupied living. Both units are mostly furnished, with a detailed list of included items available. Milbridge is a vibrant coastal community featuring a theater, library, medical center, restaurants, grocery store, community garden, and public boat launch--ensuring there's always something to enjoy close to home. Conveniently situated between Ellsworth, Machias, and Winter Harbor, this property is just an hour from Acadia National Park and 1.5 hours from Bangor International Airport. Income and expense information provided to qualified buyers.
Active
Price cut: $31K (7/29)
$299,000
8 Cottage Street, Milbridge, ME 04658
2beds
1,323sqft
Multi Family
Built in 1902
-- sqft lot
$-- Zestimate®
$226/sqft
$-- HOA
What's special
Beautifully maintainedNumerous updates
- 308 days |
- 180 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Better Homes & Gardens Real Estate/The Masiello Group
Source: Maine Listings,MLS#: 1641254
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiator
Cooling
- None
Features
- Flooring: Laminate, Wood
- Basement: Doghouse,Exterior Entry,Full,Unfinished
Interior area
- Total structure area: 1,323
- Total interior livable area: 1,323 sqft
- Finished area above ground: 1,323
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces
Lot
- Size: 7,840 Square Feet
- Features: City Lot, Level, Open Lot
Details
- Parcel number: MILEM007L016
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Block, Stone
- Roof: Shingle
Condition
- Year built: 1902
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Public Sewer
- Water: Public
Community & HOA
Location
- Region: Milbridge
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $93,900
- Annual tax amount: $1,900
- Date on market: 10/18/2025
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $299,000-9.4%$226/sqft |
Source: | ||
| 6/18/2026 | Price change | $330,000-5.7%$249/sqft |
Source: | ||
| 10/18/2025 | Listed for sale | $350,000+133.5%$265/sqft |
Source: | ||
| 8/18/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/3/2021 | Listed for sale | $149,900$113/sqft |
Source: Owner Report a problem | ||
| 5/5/2021 | Listing removed | -- |
Source: | ||
| 3/18/2021 | Listed for sale | $149,900+106.8%$113/sqft |
Source: | ||
| 9/22/2017 | Sold | $72,500$55/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,427 | $93,900 |
| 2023 | $1,427 | $93,900 |
| 2022 | $1,427 -7.5% | $93,900 |
| 2021 | $1,543 +8.6% | $93,900 |
| 2020 | $1,421 -7.6% | $93,900 |
| 2019 | $1,538 +1.1% | $93,900 |
| 2018 | $1,521 -3.3% | $93,900 |
| 2017 | $1,573 +0.8% | $93,900 -5.2% |
| 2016 | $1,561 -2.2% | $99,100 -5% |
| 2015 | $1,596 -1.9% | $104,300 |
| 2014 | $1,627 | $104,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 04658
Nearby schools
GreatSchools rating
- 6/10Milbridge Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 2/10Narraguagus High SchoolGrades: 7-12Distance: 6.6 mi
- 5/10Harrington Elementary SchoolGrades: PK-6Distance: 6 mi
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