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$649,999

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 0.09 Acres
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Looking for a turnkey multi-unit, the major work has already been done AND short distance to the beach? Then welcome to 107 Ocean Ave in Old Orchard Beach, offering a cap rate of 8.4! This three unit property has had significant renovations completed in 2022, which include a new roof and siding, exterior improvements, updated electrical and plumbing systems, three new heating systems, three new hybrid water heaters, and numerous new windows! Extensive interior renovations have also been completed, offering updated living spaces throughout. Additional features include two closed in glass porches, a peaceful backyard, and ample basement storage. A driveway has been installed, so no need for tenants to look for off street parking! Each unit is separately metered with its own electrical panel, dual heating systems, and individual propane tanks, which offer ease of management. Whether you're seeking an investment property, Airbnb, or owner occupied multi-unit in a desirable location that the heavy lifting has already been done, please reach out to me!

Full Property Details for 107 Ocean Ave

General

  • Price: $649,999
  • Taxes: $4,116 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1652589
  • Updated: 6/10/2026
  • Added to Site: 139 day(s) ago

Interior

  • Interior Features: Shower
  • Flooring: Tile, Wood, Luxury Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Additional Information

  • Equipment: Cable, Internet Access Available

Exterior

  • Porch/Patio/Deck: Glassed-in Porch

Parking

  • Parking Features: Gravel, 5 - 10 Spaces, On-Site Parking, On Street

Location

  • County: York

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric, Gas Bottled, Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Utilities On

Structural Information

  • Architectural Style: New Englander
  • Structure Type: Post & Beam
  • Construction: Other, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Bulkhead, Interior Entry, Partial, Unfinished
  • Roof: Shingle
  • Windows: Double Pane Windows, Storm Window(s)
  • Doors: Storm Door(s)
  • Square Feet: 2,199
  • Finished Total: 2,199 Sq. Ft.
  • Finished Above Grnd: 2,199 Sq. Ft.
  • Year Built: 1880

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920.4
  • Zoning: R2
  • Lot Description: Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Open Lot

Green Features

  • Energy Efficient: Dehumidifier, Water Heater, Thermostat

Financial Considerations

  • Operating Expenses: $24,500
  • Tax Amount: $4,116
  • Tax Year: 2024

Disclosures and Reports

  • Block: 11
  • Lot Number: 8

Listed by Century 21 North East (800) 844-7653

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Listing agent

— 107 Ocean Ave —

  • Century 21 North East

    800-844-7653

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 107 Ocean Ave

School District:Regional School Unit 23
NameGradesDistance
Loranger Middle School
148 Saco Avenue, Old Orchard Beach, ME 04064
6-80.3 mi
Jameson Elementary School
20 Jameson Hill Road, Old Orchard Beach, ME 04064
PK-20.3 mi
Old Orchard Beach High School
40 Emerson Cummings Boulevard, Old Orchard Beach, ME 04064
9-120.4 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 107 Ocean Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/10/2026
Price Reduced
$649,999
-7.14%
MLS
2/24/2026
Listed
$699,999
100%
MLS
12/21/2021
Sold
$350,000
—
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 107 Ocean Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,388
7%
$378,300
—
2024
$4,116
-8%
$378,300
-4%
2023
$4,487
60%
$393,600
72%
2022
$2,805
7%
$229,200
104%
2021
$2,610
—
$112,400
12%
2021
$2,610
68%
$100,400
—
2019
$1,556
5%
$100,400
4%
2018
$1,478
-16%
$96,600
-14%
2017
$1,758
1%
$112,000
—
2016
$1,735
2%
$112,200
—
2015
$1,703
2%
$112,200
—
2014
$1,670
-10%
$112,200
-16%
2013
$1,851
-13%
$134,100
-16%
2012
$2,134
—
$158,800
—
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 Century 21 North East (800) 844-7653

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Price Reduced near 107 Ocean Ave

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57 Hill St, Saco, ME 04072 - Photo 1 Price Reduced
-$5,000 (-0.81%)
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Recent Sales near 107 Ocean Ave

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107 Ocean Avenue, Old Orchard Beach, ME 04064 (MLS# 1652589) is a Multi-Family property with 3 units containing 0 bedrooms and 3 full bathrooms. 107 Ocean Avenue is currently listed for $649,999 and was received on February 24, 2026. Want to learn more about 107 Ocean Avenue? Do you have questions about finding other Multi-Family real estate for sale in Old Orchard Beach? You can browse all Old Orchard Beach real estate or contact a Coldwell Banker agent to request more information.

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