7 Mill Street, Springvale, ME 04083
Property image
Property image
FOR SALE
3D VIEW
0.66 ACRES

$1,350,000

  • 14 Beds
  • 10 Baths
  • 7,057 sqft (on 0.66 acres)

7 Mill Street, Springvale, ME 04083

Est. Mortgage $8,131/mo*
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Home Highlights

Multi-Family
Built in 1864
0.66 acre lot
$191/sqft

Local Information

  • Map ViewExplore the area around 7 Mill Street.
  • Schools1 Preschool School3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 10 hours ago
Listing courtesy of Keller Williams Coastal and Lakes & Mountains Realty
Source: Maine Listings, MLS#1681112
Also Listed on Maine Listings.

About this House

What's unique:Showcase two-story waterfront loft
Rare multi-family portfolio opportunity in Springvale, Maine! Presenting a fully renovated five-unit residential complex (5plex) offered as a turnkey investment, package sale, and ideal 1031 exchange target in York County, Southern Maine. Encompassing over seven thousand square feet of newly redeveloped apartment building space with zero deferred maintenance and zero CapEx required, this rare multi family asset combines immediate cash flow and pro forma strength with massive cost segregation potential. Nearly Finalized condo conversion master documentation and individual unit floor plans establish a pre-mapped exit strategy, allowing an investor to operate the entire complex as a stabilized multi-family rental portfolio today or execute a bulk condo or piecemeal retail unit sell-off down the road. Driven by a tight Southern Maine rental market with historically low vacancy rates, this asset delivers an attractive pro forma cap rate over seven based on conservative average area rents. The property features five distinct floor plans that eliminate internal unit competition and protect aggregate portfolio occupancy. Layouts in this fully renovated multi-family include a sprawling single-level end residence with a private deck, a ground-floor suite with dual home office bonus rooms, a premier riverfront waterfront flagship suite, a sunlit upper residence with soaring vaulted ceilings, and a showcase two-story waterfront loft. Operational overhead will remain exceptionally low with brand-new mechanicals and separately metered utilities, as tenants are individually metered for electric and dedicated propane heat, leaving landlord coverage limited to public water and common grounds. Security System hardwired and cameras installed. Conveniently situated steps from Meeting Grounds Cafe, Number 3 Pond, and Springvale Park in Sanford, this turnkey Maine investment property represents a low-overhead, high-performing asset in a prime Southern Maine location.

Home Details for 7 Mill Street

Interior Features

Interior Details
Basement: Exterior Entry,Walk-Out Access,Full
Beds & Baths
Number of Bedrooms: 14Number of Bathrooms: 10Number of Bathrooms (full): 10
Dimensions and Layout
Living Area: 7057 Square Feet
Heating & Cooling
Heating: BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Floors: Carpet, Vinyl
View
Has a ViewView: Trees/Woods
Security
Security: Fire System, Security System

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck, PorchFoundation: Block, Poured ConcreteNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,11 - 20 Spaces,Assigned,Off Street
Frontage
WaterfrontRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Public SewerWater Body: Mousam River
Farm & Range
Frontage Length: Waterfrontage: 276, Waterfrontage Owned: 276
Finished Area
Finished Area (above surface): 7057 Square Feet

Days on Market

Days on Market: 8

Property Information

Year Built
Year Built: 1864
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Colonial,Garden
Building
Construction Materials: Wood Frame, Vinyl Siding

Price & Status

Price
List Price: $1,350,000Price Per Sqft: $191

Active Status

MLS Status: Active

Location

Direction & Address
City: Sanford

Agent Information

Listing Agent
Listing ID: 1681112

Building

Building Area
Building Area: 7057 Square Feet

Lot Information

Lot Area: 0.66 acres

Miscellaneous

BasementMls Number: 1681112Above Grade Unfinished Area: 7057

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Springvale

At least 11 Trulia users voted on each feature.
  • 94 % Say parking is easy

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 87 % Say it's dog friendly

  • 87 % Say yards are well-kept

  • 85 % Say there are sidewalks

  • 82 % Say it's walkable to restaurants

  • 82 % Say there's holiday spirit

  • 80 % Say people would walk alone at night

  • 60 % Say neighbors are friendly

  • 55 % Say they plan to stay for at least 5 years

  • 54 % Say streets are well-lit

  • 40 % Say it's quiet

  • 38 % Say there's wildlife

  • 36 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Mrsshaw211
    "Yes and no. Many people have dogs and walk them on the sidewalks. Most dogs are friendly. There is a nice dog park also in town. "
  • Ann F.
    "It's a little slice of rural heaven mere minutes from the center of town, schools and stores. Neighbors are close enough if help is needed yet far enough away for maximum privacy. It's a beautiful area to live in. "
  • jmegacityw
    "After living in this neighborhood for several years, it has become more and more obvious since leaving, what a great a spot it is. Close to many new restaurants, a beautiful and well maintained park and many in town services, this quiet, family friendly spot was truly perfect for my family and I, before we had kids and after. "
  • D
    "Great for a starter home for people who are starting out or for a vacationer with a second home.Lovely and quaint area."
  • D
    "great for first home buyers or for an investment."

Market trends in Springvale

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
15
4
MoM

Home Value

Trulia Estimate
$1.3M
Since last month
Increased$549K (+72.9%)
Since last year
Increased$606K (+87.3%)
Since last sale
Increased$976K (+300.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +697% in the last 10 years
MonthEstimated value
2026
September 2026$1.3M
August 2026$752K
July 2026$789K
June 2026$712K
May 2026$718K
April 2026$733K
March 2026$745K
February 2026$786K
January 2026$665K
2025
2024
2023
2022
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.40
Multi-Family Home
$164,000
07/20/26
7
3
3,490
0.21
Multi-Family Home
$530,000
04/03/26
6
5
3,424
0.47
Multi-Family Home
$410,000
06/30/26
5
2
2,170
0.30
Multi-Family Home
$482,500
04/24/26
6
2
2,637
1.62
Multi-Family Home
$420,000
05/22/26
4
2
2,408
1.77
Multi-Family Home
$495,000
10/24/25
4
2
2,692
1.87
Multi-Family Home
$450,000
07/10/26
4
4
3,560
1.94
Multi-Family Home
$610,000
10/15/25
5
3
3,190
2.02
Multi-Family Home
$443,000
10/17/25
6
2
2,407
1.97
Multi-Family Home
$235,000
07/31/26
4
2
2,620

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$294,900
3
2
1,518
For Sale
0.01
$299,900
3
2
1,072
For Sale
0.01
$289,900
2
2
1,370
For Sale
0.01
$299,900
3
2
1,665
For Sale
0.01
$274,900
3
2
1,432
For Sale
0.09
$355,900
5
2.5
2,160
Recently Sold
0.09
$206,700
2
1
864
Off Market
0.10
$380,000
3
2
1,344
Recently Sold
0.09
$206,000
2
1
864
Recently Sold
0.09
$199,300
2
1
864
Off Market
0.09
$197,600
2
1
864
Off Market

Price and Tax history

DateEventPrice
Sep 17, 2026
Source: Maine Listings #1681112
Listed For Sale
$1,350,000
Apr 30, 2019
Source: Maine Listings #1353888
Sold
$325,000
Dec 13, 2018
Source: Agent Provided
ListingRemoved
$325,000
Dec 13, 2018
Source: Agent Provided
Pending
$325,000
Dec 13, 2018
Source: Agent Provided
PendingToActive
$325,000

LGBTQ Local Legal Protections

Keller Williams Coastal and Lakes & Mountains Realty
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443

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Frequently asked questions about 7 Mill Street

  • What is the estimated monthly payment for 7 Mill Street?
    Based on a $1,350,000 list price with 20% down at today's rates, the estimated monthly payment for 7 Mill Street in Springvale, ME is approximately $8,600 (about $7,546 principal & interest, $979 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Springvale?
    Residents describe Springvale, ME as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in Springvale, ME.
  • What are the closest schools to 7 Mill Street?
    The closest schools to 7 Mill Street in Springvale, ME are Carl J Lamb School (Pre-K/Elementary, rated 5/10), Sanford Middle School (Elementary, rated 4/10), Sanford Regional Technical Center (Elementary/Middle/High).
  • What is 7 Mill Street estimated to be worth?
    Trulia's estimated value for 7 Mill Street in Springvale, ME is $1,300,800.
  • Does 7 Mill Street have parking?
    Yes, 7 Mill Street in Springvale, ME has on-site parking.
  • Is there a virtual tour of 7 Mill Street?
    Yes, a virtual tour of 7 Mill Street in Springvale, ME is available.
7 Mill Street, Springvale, ME 04083 is a 14 bedroom, 10 bathroom, 7,057 sqft multi-family built in 1864. This property is currently available for sale and was listed by Maine Listings on Sep 17, 2026. The MLS # for this home is MLS# 1681112.