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$549,900

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 0.4 Acres
  • 1 Car Garage
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Investors take notice! This is your opportunity to own two (2) free standing homes with detached garage with storage above. Large storage shed. whole house generator that runs both homes. Both homes and garage have new shingles. New septic system and low monthly heating cost. Each home is fully equipped with appliances. Front Cape is currently vacant.

Full Property Details for 7 Preston Way

General

  • Price: $549,900
  • Taxes: $5,948 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1656242
  • Updated: 6/4/2026
  • Added to Site: 78 day(s) ago

Interior

  • Interior Features: 1st Floor Bedroom, Storage
  • Flooring: Carpet, Tile, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Other Rooms

  • Laundry: Main Level

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Common, Paved, 5 - 10 Spaces

Location

  • County: Cumberland

Heating & Cooling

  • Cooling Type: None
  • Heating Type: K-1/Kerosene, Oil, Baseboard, Direct Vent Furnace, Forced Air

Utilities

  • Sewer: Private Sewer, Shared Septic
  • Water: Private, Well
  • Well: Yes

Structural Information

  • Architectural Style: Cape Cod, Ranch
  • Construction: Wood Frame, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Doghouse, Slab, Walk-Out Access, Unfinished
  • Roof: Pitched, Shingle
  • Square Feet: 1,597
  • Finished Total: 1,597 Sq. Ft.
  • Finished Above Grnd: 1,597 Sq. Ft.
  • Year Built: 1930

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 0.4
  • Lot Size (Sq. Ft.): 17,424
  • Zoning: VOC1
  • Lot Description: Near Town, Level

Financial Considerations

  • Operating Expenses: $15,000
  • Tax Amount: $5,948
  • Tax Year: 2026

Disclosures and Reports

  • Lot Number: 19

Listed by Allied Real Estate (207) 892-2214

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Listing agent

— 7 Preston Way —

  • Allied Real Estate

    207-892-2214

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7 Preston Way

School District:School Administrative District 51
NameGradesDistance
Mabel I Wilson School
353 Tuttle Road, Cumberland, ME 04021
PK-33.1 mi
Greely Middle School 4-5
351 Tuttle Road, Cumberland, ME 04021
4-53.2 mi
Greely Middle School
351 Tuttle Road, Cumberland, ME 04021
6-83.2 mi
Greely High School
303 Main Street, Cumberland, ME 04021
9-123 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 7 Preston Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/14/2026
Price Reduced
$549,900
-4.37%
MLS
4/02/2026
Listed
$575,000
27.78%
MLS
1/07/2022
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
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 for 7 Preston Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,948
8%
$236,200
—
2024
$5,492
5%
$236,200
—
2023
$5,232
4%
$236,200
—
2022
$5,007
18%
$236,200
—
2021
$4,249
-9%
$236,200
—
2019
$4,689
5%
$236,200
4%
2018
$4,476
5%
$227,200
—
2017
$4,271
3%
$227,200
—
2016
$4,146
1%
$227,200
—
2015
$4,112
4%
$227,200
—
2014
$3,953
2%
$227,200
—
2013
$3,862
—
$227,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Allied Real Estate (207) 892-2214

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7 Preston Way, Cumberland, ME 04021 (MLS# 1656242) is a Multi-Family property with 2 units containing 0 bedrooms and 2 full bathrooms. 7 Preston Way is currently listed for $549,900 and was received on April 21, 2026. Want to learn more about 7 Preston Way? Do you have questions about finding other Multi-Family real estate for sale in Cumberland? You can browse all Cumberland real estate or contact a Coldwell Banker agent to request more information.

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