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$579,000
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Property Description
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
Full Property Details
Full Property Details for 534 S Main St
General
- Price: $579,000
- Taxes: $6,086 (2026)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1653195
- Updated: 5/14/2026
- Added to Site: 84 day(s) ago
Interior
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Gravel, 5 - 10 Spaces
Location
- County: Penobscot
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas Natural, Baseboard, Hot Water, Radiator, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Colonial
- Construction: Wood Frame, Vinyl Siding
- Roof: Metal, Pitched
- Stories/Levels: 2
- Building Size: 3604
- Square Feet: 3,604
- Living Area: 3,604 Sq. Ft.
- Finished Total: 3,604 Sq. Ft.
- Finished Above Grnd: 3,604 Sq. Ft.
- Year Built: 1850
Lot Features
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,264.8
- Lot Size Source: Public Records
- Zoning: CB
- Lot Description: Open, Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Neighborhood, Near Public Transit, Near Railroad
Financial Considerations
- Tax Amount: $6,086.08
- Tax Year: 2026
Disclosures and Reports
- Lot Number: 23
Listed by NextHome Experience (207) 573-7400
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Schools
Schools serving 534 S Main St
School District:Brewer
| Name | Grades | Distance |
|---|---|---|
Brewer Community School 92 Pendleton Street, Brewer, ME 04412 | PK-8 | 0.6 mi |
Brewer High School 261 Center Street, Brewer, ME 04412 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 534 S Main St
Date
Details
Price
Change
Source
4/06/2026
Price Reduced
$579,000
-1.7%
MLS
3/03/2026
Listed
$589,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 534 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,086
2%
$395,200
25%
2024
$5,943
3%
$316,100
10%
2023
$5,781
5%
$287,600
17%
2021
$5,499
20%
$246,600
23%
2020
$4,573
-7%
$201,000
-6%
2019
$4,901
33%
$213,200
30%
2018
$3,688
1%
$163,900
1%
2017
$3,659
5%
$162,600
—
2016
$3,499
—
$162,600
—
2015
$3,499
3%
$162,600
—
2014
$3,402
-14%
$162,600
-14%
2013
$3,962
—
$189,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 534 S Main St
534 S Main Street, Brewer, ME 04412 (MLS# 1653195) is a Multi-Family property with 5 units containing 0 bedrooms and 5 full bathrooms. 534 S Main Street is currently listed for $579,000 and was received on March 04, 2026. Want to learn more about 534 S Main Street? Do you have questions about finding other Multi-Family real estate for sale in Brewer? You can browse all Brewer real estate or contact a Coldwell Banker agent to request more information.

