97 Penobscot Avenue, Millinocket, ME 04462
Property image
Property image
SOLD
JUN 30, 2026

$1,495,800

Trulia Estimate
  • Studio
  • 23,815 sqft (on 2.35 acres)

97 Penobscot Avenue, Millinocket, ME 04462

Currently Off Market - Sold Jun 30, 2026 for $1,490,000 (1% below list price)

Home Value

Trulia Estimate
$1.5M
Since last month
Increased$5K (+0.3%)
Since last year
Increased$5K (+0.3%)
Since last sale
Increased$9K (+0.6%)
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 0% in the last 10 years
MonthEstimated value
2026
August 2026$1.5M
August 2026$1.5M
July 2026$1.49M

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
0.29
Multi-Family Home
$112,000
06/17/26
4
2
1,544
0.28
Multi-Family Home
$60,000
03/31/26
5
2
1,078
0.33
Multi-Family Home
$85,000
01/20/26
3
2
1,392
0.68
Multi-Family Home
$119,000
05/15/26
4
2
1,625

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
0.02
$51,900
-
-
-
For Sale
0.02
$179,900
-
-
-
For Sale
0.07
-
Studio
1
1,614
Off Market
0.08
$154,900
8
3
2,925
For Sale
0.08
$156,000
3
1
1,200
Off Market
0.10
$170,900
6
2
2,232
Off Market
0.10
$152,500
3
1
1,928
For Sale
0.13
$51,400
Studio
-
320
Off Market
0.14
$172,700
1
1
480
Off Market
0.17
$437,500
Studio
4
4,248
Off Market
0.18
$178,700
4
2
2,226
Off Market

Local Information

  • Map ViewExplore the area around 97 Penobscot Avenue.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
2.35 acre lot
23,815 sqft
$63/sqft
Last check for updates: about 4 hours ago
Listed by ERA Dawson-Bradford Co.
Bought with: NextHome Experience
Source: Maine Listings, MLS#1620291

About this House

32 UNITS in FIVE Separate buildings located in Millinocket, Maine plus a spare lot for extra parking. Opportunity to expand your real estate holdings, in an area known for its various recreational activities. Live in one of the units while managing the others. All within a two mile radius of each other. Rental amounts for each building with spreadsheet are included in the attachments. All buyers are to sign a confidentiality agreement for detailed financials. (Possible Seller financing available with 20% down payment, For a qualified buyer), Vacant apartments available to increase your cash flow! Add these 32 units to your portfolio.
97 Penobscot Avenue, Millinocket, ME 04462 is a studio, 23,815 sqft multi-family. It last sold for $1,490,000 on Jun 30, 2026 (1% below the $1,499,999 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,495,800, with a rent estimate of $1,291/month.

Home Details for 97 Penobscot Avenue

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Interior Entry,Full,Partial,Unfinished
Dimensions and Layout
Living Area: 23815 Square Feet
Appliances & Utilities
Utilities: Utilities On
Heating & Cooling
Heating: Baseboard,Blowers,Hot Water,ZonedNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Vinyl
Levels, Entrance, & Accessibility
Levels: Multi/SplitFloors: Carpet, Laminate, Vinyl

Exterior Features

Exterior Home Features
Roof: Metal Pitched ShingleFoundation: Stone, Poured Concrete, SlabNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,Paved,1 - 4 Spaces,5 - 10 Spaces,11 - 20 Spaces,21+ Spaces,On Site
Frontage
WaterfrontRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Private Sewer, Public Sewer, Septic TankWater Body: Millinocket Stream
Finished Area
Finished Area (above surface): 23815 Square Feet

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Other
Building
Construction Materials: Masonry, Wood Frame, Concrete, Vinyl Siding, Wood Siding

Price & Status

Price
List Price: $1,499,999Price Per Sqft: $63/sqft
Status Change & Dates
Off Market Date: Sun Apr 12 2026

Location

Direction & Address
City: Millinocket

Building

Building Area
Building Area: 23815 Square Feet

Lot Information

Lot Area: 2.35 Acres

Miscellaneous

BasementMls Number: 1620291Above Grade Unfinished Area: 23815

Price and Tax history

DateEventPrice
Jul 2, 2026
Source: Maine Listings #1620291
Pending
$1,499,999
Jun 30, 2026
Source: Maine Listings #1620291
Sold
$1,490,000
Apr 16, 2026
Source: Maine Listings #1620291
Contingent
$1,499,999
Apr 13, 2026
Source: Maine Listings #1620291
Pending
$1,499,999
Apr 25, 2025
Source: Maine Listings #1620291
Listed For Sale
$1,499,999

Market trends in Millinocket

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
51
6
MoM

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 Millinocket

At least 11 Trulia users voted on each feature.
  • 95 % Say parking is easy

  • 93 % Say yards are well-kept

  • 93 % Say it's walkable to restaurants

  • 91 % Say it's dog friendly

  • 88 % Say it's walkable to grocery stores

  • 82 % Say car is needed

  • 81 % Say kids play outside

  • 74 % Say they plan to stay for at least 5 years

  • 70 % Say there's holiday spirit

  • 67 % Say people would walk alone at night

  • 66 % Say neighbors are friendly

  • 65 % Say it's quiet

  • 56 % Say there are sidewalks

  • 54 % Say there's wildlife

  • 50 % Say streets are well-lit

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Newburytd
    "marathon, canoe festival, old home days,fourth of July celebrations street dances, drive in car shows"
  • Newburytd
    "In my opinion I wouldn't have wanted to raise my children anywhere else, everyone looks out for each other and our kids,, its clean, a lot of nature around us, and "

LGBTQ Local Legal Protections

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

Frequently asked questions about 97 Penobscot Avenue

  • What is 97 Penobscot Avenue estimated to be worth?
    Trulia's estimated value for 97 Penobscot Avenue in Millinocket, ME is $1,495,800.
  • What is the price history for 97 Penobscot Avenue?
    97 Penobscot Avenue in Millinocket, ME last sold for $1,490,000 in June 2026.
  • Is Millinocket a buyer's or seller's market?
    Millinocket is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Millinocket?
    Residents describe Millinocket, ME as easy to park in, well-kept, and walkable to restaurants. See recently sold homes in Millinocket, ME.
  • Does 97 Penobscot Avenue have parking?
    Yes, 97 Penobscot Avenue in Millinocket, ME has on-site parking.

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