Excellent investment opportunity in Farmington! This well-maintained 2 unit is ideally located just minutes from the university, making it highly appealing for student rentals. Each unit features two bedrooms, a functional layout, and abundant natural light. The first-floor unit has been completely renovated, including new doors, a new bathroom vanity, a new bathtub and shower surround, new kitchen cabinets and fixtures, and new flooring offering modern appeal and added value. Whether you're looking to owner-occupy while offsetting your mortgage or expand your investment portfolio, this property offers strong and consistent income potential. Situated on a quiet road, the property also includes ample parking--an essential amenity for tenants. Building is currently vacant so easy to show and ready for owner occupied or pick your own tenants. Don't miss this chance to own this great investment!
Nice Property near town easy to walk to most locations. Washer and Dryer in entry for both units. New oil Furnace 7 years ago. Both units are kept rented. Nice porch on front of building. Metal roof recently painted in August 2022. Nice income property live in one and rent the other.
MREIS #1497741
Mar 30, 2022
Price Changed
$179,000
$125/sq ft
Nov 6, 2021
Price Changed
$159,000
$111/sq ft
Sep 26, 2021
Price Changed
$169,000
$118/sq ft
Jun 23, 2021
Listed
$179,000
$125/sq ft
MREIS #886980
Apr 14, 2008
Listed
$120,000
$84/sq ft
MREIS #875294
Dec 27, 2007
Listed
$120,000
$84/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,894 (+17.6%)
$51,500 + $128,900
$180,400
2024
$1,611 (+7.8%)
$10,400 + $64,700
$75,100
2023
$1,495 (+10.6%)
$10,400 + $64,700
$75,100
2022
$1,352 (−6.2%)
$10,400 + $64,700
$75,100
2021
$1,442 (−2.4%)
$10,400 + $64,700
$75,100
2020
$1,478 (−1.4%)
$10,000 + $65,000
$75,000
2019
$1,499 (+2.1%)
$10,000 + $65,000
$75,000
2018
$1,468 (−1.9%)
$10,000 + $65,000
$75,000
2017
$1,496 (+3.5%)
$10,000 + $65,000
$75,000
2016
$1,446 (+2.6%)
$10,000 + $65,000
$75,000
2015
$1,410 (+8.4%)
$10,000 + $65,000
$75,000
2014
$1,301 (+10.0%)
$10,400 + $64,700
$75,100
2013
$1,183
$10,400 + $64,700
$75,100
Public record
Beds
—
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,520
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,520
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Franklin County
APN
358272
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
4/10 Wind Factor
11% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Farmington, ME • 04938
Average low and high temperatures (°F)
25
9
29
9
42
23
53
35
65
45
76
55
80
60
78
56
72
50
60
40
45
31
30
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 102 Thomas Mcclellan Rd
$190,028
$8,972 under list price of $199K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $198K to $337K.