Income Producer! This 4 unit building is a money machine, currently at $72,000 gross annual income. 4 two bedroom units, 2 on the 1st floor and 2 on the 2nd floor. Nice front porch. 2 paved driveways. Large back yard. One unit is currently vacant to accommodate potential owner occupant buyer. This is great buy!
Multi-familyProperty Type
1798Year Built
8,276 sq ftLot Size
$130Est. Price/Sq.Ft.
5 spacesParking
Listed by Brian Samia Gary Samia• Century 21 North East
Contact: 207-651-7188
Bought with Matthew Sukeforth• Portside Real Estate Group
Claim this home to receive a free report every month with insights on the changing estimate.
Market trends in 04083, ME
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
99.2%
1.5% MoM
Median sale price
$339K
$7K MoM
Avg. days on market
45d
13 days MoM
Recently sold homes
23
1 MoM
Provided by Redfin
Sale history for 22 Railroad Ave
Date
Event
Price
MREIS #1609037
Dec 12, 2024
Sold
$489,900
$121/sq ft
Nov 8, 2024
Listed
$489,900
$121/sq ft
MREIS #1471009
Jan 9, 2021
Sold
$275,000
$68/sq ft
Sep 30, 2020
Listed
$265,000
$65/sq ft
+19
Income Producer! This building is a money machine, currently at $44,520 gross annual income with room to grow. The building is in good condition too! City inspected and in the Good Neighbors Program. 4 two bedroom units, 2 on the 1st floor and 2 on the 2nd floor. Nice front porch. 2 paved driveways. Large back yard. This is great buy!
Year
Property tax
Land + Additions
Assessment*
2025
$5,850 (+6.0%)
$35,800 + $306,300
$342,100
2024
$5,521 (+7.4%)
$35,800 + $306,300
$342,100
2023
$5,140 (+2.3%)
$35,800 + $303,700
$339,500
2022
$5,025 (+17.6%)
$35,800 + $303,700
$339,500
2021
$4,272 (+10.8%)
$35,800 + $199,200
$235,000
2020
$3,857 (+10.9%)
$35,800 + $155,500
$191,300
2019
$3,478 (+1.0%)
$35,800 + $132,200
$168,000
2018
$3,444 (−1.1%)
$35,800 + $132,200
$168,000
2017
$3,484 (−6.0%)
$35,800 + $132,200
$168,000
2016
$3,707 (+7.1%)
$35,800 + $127,200
$163,000
2015
$3,462
$36,000 + $121,100
$157,100
Tax history for 22 Railroad Ave
Year
Property tax
Land + Additions
Assessment*
2025
$5,850 (+6.0%)
$35,800 + $306,300
$342,100
2024
$5,521 (+7.4%)
$35,800 + $306,300
$342,100
2023
$5,140 (+2.3%)
$35,800 + $303,700
$339,500
2022
$5,025 (+17.6%)
$35,800 + $303,700
$339,500
2021
$4,272 (+10.8%)
$35,800 + $199,200
$235,000
2020
$3,857 (+10.9%)
$35,800 + $155,500
$191,300
2019
$3,478 (+1.0%)
$35,800 + $132,200
$168,000
2018
$3,444 (−1.1%)
$35,800 + $132,200
$168,000
2017
$3,484 (−6.0%)
$35,800 + $132,200
$168,000
2016
$3,707 (+7.1%)
$35,800 + $127,200
$163,000
2015
$3,462
$36,000 + $121,100
$157,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
—
Sq. Ft.
4,064
Year built
1798
Style
Multi-Family (5+ Unit)
County
York County
APN
80177
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
Property details
Parking
Parking Information
Parking Features: 5 - 10 Spaces, Paved, Off Street
Interior
Bathroom Information
# of Baths (Full): 4
Basement Information
Basement Entry: Crawl Space, Exterior Only
Interior Features
Interior Features: 1st Floor Bedroom, One-Floor Living
Flooring: Wood, Vinyl, Tile, Laminate, Carpet
Laundry Information
Laundry Features: Washer Hookup
Multi-Unit Information
# of Units Total: 4
# of 2 Bedroom Units: 4
Operating Expense: $18,815
Gross Income: $72,000
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,550
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,550
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 2
Actual Rent: $1,500
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 2
Actual Rent: $1,400
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone
Roof: Shingle
Total Stories: 2
Total Building Area (Sq. Ft.): 4,064
Exterior Features
Patio & Porch Features: Porch
Property Information
Year Built: 1798
Above-Grade Finished Area (Sq. Ft.): 4,064
Lot Information
Lot Size (Sq. Ft.): $8,276.40
Lot Size (Acres): 0.19
Lot Size Source: Public Records
Lot Features: Level, Intown
Road Surface Type: Paved
Zoning: UB
Financial
Tax Information
Annual Tax Amount: $5,521
Tax Year: 2024
Utilities
Utility Information
Has Heating
Heating: Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric
Location
Location Information
Unparsed Address: 22 Railroad Avenue, Sanford, ME 04083
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 4,064
Stories: 2.0
Lot Size: 8,276 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1798
Year Renovated: —
County: York County
APN: 80177
Home facts updated by county records on Jul 30, 2026
Around this home
Schools
Some nearby schools may not be within this home's attendance zone. Please check the Sanford Public Schools website to verify.
Carl J Lamb School
Public PreK-4 • 0.3mi
5/10
Sanford Middle School
Public 5-8 • 0.7mi
4/10
Sanford High School
Public 9-12 • 3.4mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
4/10 Heat Factor
7 days above 97° expected this year, 17 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Springvale, ME • 04083
Average low and high temperatures (°F)
29
15
32
16
45
28
55
38
65
48
76
59
81
63
79
59
73
54
61
44
48
34
35
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.