Wells ME Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,076
Status:
Active
Beds:
n/a
Lot size:
0.91 Acres
Year built:
1958
Baths:
3.00
MLS#:
1589236

ADDITIONAL INFORMATION

3 Unit, Multifamily homes in Wells are very rare so here is your opportunity to live in one unit and rent the other 2! This home which was built in 1958 and been occupied by the original builder & his family until now was built with a craftsmanship to last for years. The main home which is the first floor ranch part of the home offers 3 bedrooms, 1 full bathroom, and 2 living rooms, a true dining room and a kitchen. There is a 2 car garage attached to this part of the home. Over the 2 car garage is a ''garage apartment'' which has its own separate entrance to the right of the garage and consists of 2 bedrooms and 1 bathroom and an open concept kitchen & living room. The 3rd unit has its own separate entrance and parking area in the back yard of the home and offers 1 bedroom and 1 bathroom along with an open concept kitchen & dining area and a living room with a stone fireplace. There is also a bonus room to use as you see fit as this room is accessed thru the bedroom. This unit is referred to as the ''Walk out Basement Apartment''. There are 6 total garage bays on this property (one around the side-basement area, 2 in the garage, and an additional 3 bay garage in the front yard). This home has a newer furnace that is shared heat by the main house and the basement apartment, metal roof, vinyl siding, and hardwood floors in the main home. There is a large back yard that abuts the woods in the back of the home and a 3 season screened sunroom off the back of the home to enjoy the back yard. This property offers many opportunities as it is located in the General Business District with high visibility. Come take a peek at this unique property.

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Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.



Wells Real Estate

The median home value in Wells, ME is $561,995. This is higher than the county median home value of $425,900. The national median home value is $338,100. The average price of homes sold in Wells, ME is $561,995. Approximately 45.49% of Wells homes are owned, compared to 8.45% rented, while 46.06% are vacant. Wells real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wells real estate agent to arrange a tour today!

Wells, Maine has a population of 11,156. Wells is less family-centric than the surrounding county with 24.08% of the households containing married families with children. The county average for households married with children is 27.9%.

The median household income in Wells, Maine is $71,090. The median household income for the surrounding county is $73,856 compared to the national median of $69,021. The median age of people living in Wells is 50.1 years.

Wells Weather

The average high temperature in July is 79.5 degrees, with an average low temperature in January of 12.6 degrees. The average rainfall is approximately 51.1 inches per year, with 51.4 inches of snow per year.

Wells Real Estate Market Conditions

  • Median sales price

    $561,995
    16.2% change since last quarter
  • # Active listings

    98
    30-day change

Wells Schools and Demographics

Education near Wells, ME

Metric City County
High School Graduates 92.83 94.39
College Degree - 2 year 10.96 11.18
College Degree - 4 year 35.47 32.77
Graduate Degree 10.23 8.96
Expenditures per Student 17,971 17,971
Students per Teacher 11.9 11.9

Elementary Schools near Wells, ME

School Grades Students P/T Ratio ZIP
Central School PK - 03 390 14.3 03908
Kennebunk Elementary School KG - 03 437 13.4 04043
Lafayette School KG - 03 134 12.2 04073
Margaret Chase Smith School-Sanford KG - 03 390 14.5 04073
North Berwick Elementary Schools PK - 05 343 12.9 03906
Wells Elementary School PK - 04 445 11.1 04090
Willard School 01 - 05 451 14.1 04073

Middle Schools near Wells, ME

School Grades Students P/T Ratio ZIP
Marshwood Great Works School 04 - 05 333 13.2 03908
Middle School of the Kennebunks 06 - 08 523 12.1 04043
Sanford Junior High School 06 - 08 631 14.3 04073
Sea Road School 04 - 05 268 15.2 04043
Wells Junior High School 05 - 08 413 10.8 04090

High Schools near Wells, ME

School Grades Students P/T Ratio ZIP
Kennebunk High School 09 - 12 688 11.3 04043
Marshwood High School 09 - 12 759 15.6 03908
Noble High School 08 - 12 1,075 12.1 03906
Sanford High School 09 - 12 1,018 13.2 04073
Wells High School 09 - 12 446 11.3 04090

Ungraded Schools near Wells, ME

School Grades Students P/T Ratio ZIP
Sanford Regional Technical Center UG - UG 0 0 04073

Demographics near Wells, ME

Metric City County
Neighborhood Type Suburban
Population 11,156 210,486
Population Density 194 212
Median Age 50.1 45.4
People per Household 2.3 2.4
Median Household Income 71,090 73,856
Average Income per Capita 41,618 39,450