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1118 Exeter Road, Exeter, ME 04435

Exeter
Local realty services provided by:CENTURY 21 Advantage
1118 Exeter Road,Exeter, ME 04435
$319,900
  • - Beds
  • 3 Baths
  • 1,500 sq. ft.
  • Multi-family
  • Active
Office: re/max infinity
MLS#:1664049
Source:ME_MREIS

Price summary

  • Price:$319,900
  • Price per sq. ft.:$213.27

About this home

Rare income-producing multi-unit property on 9± acres in Exeter, generating approximately $25,000 in annual rental income. Originally built in 1865, with extensive renovations completed in 1985, this historic property includes a 3-bedroom, 1-bath main home along with two separate studio apartment units, each with a full bathroom. The layout offers flexibility for owner occupancy, rental income, guest space, extended family use, or continued investment use. The property features a new 22' x 28' garage, a 50' x 60' five-stall horse barn with attached shed, pasture area, pond, and open outdoor space for animals, gardening, recreation, or homestead use. A 14,000-watt solar system adds energy efficiency and helps offset utility costs. With rental income already in place, multiple living spaces, 9± acres, barn space, pasture, pond, garage, and solar, this is a hard-to-find opportunity for buyers seeking a flexible rural Maine property with practical use, historic character, and income...

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Home facts

  • Year built:1865
  • Listing ID #:1664049
  • Updated:August 01, 2026 at 10:28 AM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood, Tile, Wood
  • Bathrooms Description:Shower
  • Bedroom Description:1st Floor Bedroom
  • Basement Description:Interior Entry, Slab
  • Living area:1,500 sq. ft.

Heating and cooling

  • Cooling:Window Unit (s)
  • Heating:Direct Vent Heater, Heating, Pellet Stove, Pellets, Propane, Solar, Wood, Wood Stove

Structure and exterior

  • Roof:Metal, Shingle
  • Year built:1865
  • Building area:1,500 sq. ft.
  • Lot area:9 Acres
  • Lot Features:Agricultural, Farm, Open Lot, Pasture, Rural
  • Architectural Style:Farmhouse
  • Construction Materials:Wood Frame, Wood Siding
  • Exterior Features:Deck
  • Foundation Description:Poured Concrete

Utilities

  • Water:Private, Well
  • Sewer:Private Sewer, Septic Tank

Finances and disclosures

  • Price:$319,900
  • Price per sq. ft.:$213.27
  • Tax amount:$2,200 (2025)

Features and amenities

  • Laundry features:Main Level
  • Amenities:Storage
  • Pool features:Above Ground

Parking

  • Parking description:5 - 10 Spaces, Detached, Gravel
  • Garage:Yes
  • Garage spaces:2
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & 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 ME_MREIS Member Broker: Jamie White

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