1118 Exeter Road

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Active
$299,900
Est: $1,784/moGet pre-approved
4 beds1,500 sqft

1118 Exeter Rd, Exeter, ME 04435

Multi FamilyProperty Type
9 acresLot Size
1865Year Built
$200/sq ftPrice per sq ft
2 carsParking Spaces

Description

Income-producing multi-unit property on 9± acres in Exeter with a 3-bedroom main home, two studio apartments, a five-stall horse barn, pasture, pond, garage, and solar system. The seller reports approximately 25,000 in annual rental income from the two studio apartments, each of which includes a full bathroom. The three separate living spaces provide flexibility for owner occupancy, rental use, additional living space, or continued investment. Originally built in 1865 and extensively renovated in...Income-producing multi-unit property on 9± acres in Exeter with a 3-bedroom main home, two studio apartments, a five-stall horse barn, pasture, pond, garage, and solar system. The seller reports approximately 25,000 in annual rental income from the two studio apartments, each of which includes a full bathroom. The three separate living spaces provide flexibility for owner occupancy, rental use, additional living space, or continued investment. Originally built in 1865 and extensively renovated in 1985, the property combines historic character with substantial acreage and practical improvements. Outbuildings include a new 22' × 28' garage and a 50' × 60' five-stall horse barn with an attached shed. The 9± acres also include pasture, a pond, and open outdoor space for equestrian, gardening, recreational, or homestead use. A 14,000-watt solar system is included. With existing rental income, multiple living spaces, acreage, equestrian infrastructure, solar, and substantial outbuildings, this property offers a versatile opportunity for residential, rental, or investment use in rural Maine. Intended uses are subject to applicable municipal requirements and due diligence.
163 days on Market
  • Listed by: Kael McCarthy 207.441.8294 kaelmccarthy@remax.net • RE/MAX Infinity
  • Listed by: Cynthia Quimby 207.270.0267 charliequimby70@gmail.com • RE/MAX Infinity
Last updated: 09/28/2026 12:03 PM • Source: Maine Listings, MLS#: 1664049
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Location

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$1,784 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,601

Property Taxes

$183

HOA Dues

$0

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Property Information for 1118 Exeter Road

Property Details

  • Taxes: $2,200 / year
  • MLS Type: Multi-Family
  • County: Penobscot County
  • Architectural Style: Farmhouse
  • View: Fields, Scenic, Trees/Woods
  • Has Waterfront: No
  • Zoning: Residential

Building Information

  • Residences: 3
  • Year Built: 1865
  • Lot Size: 9.00 AC / 392,040 SF

Summary

Location and General Information
  • Water View: No
  • Page: 1
  • Directions: GPS Friendly. Property is located at 1118 Exeter Road, Exeter, Maine. Look for the REMAX sign.
  • Latitude: 44.964926
  • Longitude: -$69.18
Taxes and HOA
  • Association: No
  • Parcel Number: EXER-000007-000000-000006-000002
  • Tax Lot: 6-2
  • Tax Book Number: 10070
  • Tax Map Number: 7
  • Tax Year: 2025
  • Tax Annual Amount: $2,200.00
Parking
  • Parking Features: Gravel, 5 - 10 Spaces, Detached
  • Vehicle Storage: 2 Car, Detached
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
School Information
  • High School District: MSAD 46

Property

Lot Information
  • Lot Features: Rural, Agricultural, Farm, Open Lot, Pasture
  • Lot Size Acres: 9.0
  • Lot Size Area: 9.0
  • Lot Size Source: Deed
  • Lot Size Square Feet: 392040.0
  • Lot Size Units: Acres
  • Roads: Public
  • Road Frontage: true
  • Road Frontage: 487.0
  • Source of Road Frontage: Deed
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 1500.0
  • Building Area Total: 1500.0
  • Property Type: Multi-Family
  • Surveyed: No
  • Year Built: 1865
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood Frame, Wood Siding
  • Other Structures: Outbuilding, Shed(s), Barn(s)
Financial Information
  • List Price/SqFt: $199.93
Utilities
  • Electric: Circuit Breakers, Generator Hookup, Other Electric
  • Gas: Underground
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Private, Well
  • Water Heater: Tank

Interior and Exterior Features

Exterior Features
  • Pool Features: Above Ground
  • Roof: Metal, Shingle
Interior Features
  • Amenities: 1st Floor Bedroom, Main Level, Above Ground, Shower, Storage
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Laundry Features: Main Level
  • Basement: Interior Entry, Slab
  • Patio And Porch Features: Deck
  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Pellets, Propane, Solar, Wood, Direct Vent Heater, Pellet Stove, Wood Stove
  • Has Heating: Yes
  • Flooring: Tile, Wood, Hardwood
  • Interior Features: 1st Floor Bedroom, Shower, Storage

Room Information

Laundry
  • Laundry Room Amenities: Main Level

Multi Family

Multi Family Information
  • # of 1 BD Units: 2
  • # of 2 BD Units: 1
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $25,000.00
  • Operating Expense: $9,500.00

Unit Information

Unit 1
  • Num Full Baths: 1
  • Dedicated Electric Meter: No
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: Yes
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: No
  • Actual Rent: $1,000.00
  • Beds Total: 1
  • Rooms Total: 1
Unit 2
  • Num Full Baths: 1
  • Dedicated Electric Meter: No
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: Yes
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: No
  • Beds Total: 2
  • Rooms Total: 6
Unit 3
  • Num Full Baths: 1
  • Dedicated Electric Meter: No
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: Yes
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: No
  • Actual Rent: $1,000.00
  • Beds Total: 1
  • Rooms Total: 1

Rental

Rent Information
  • Land Lease: No

Property History for 1118 Exeter Road

DateEvent & SourcePriceAppreciation
Aug 13, 2026

Price Change

Maine Listings #1664049

$299,900
—
May 27, 2026

Listed (Active)

Maine Listings #1664049

$319,900
—
Feb 20, 2026

Expired

Maine Listings #1634987

$339,000
—
DateEvent & SourcePrice
08/13/2026

Price Change

Maine Listings #1664049

$299,900
05/27/2026

Listed (Active)

Maine Listings #1664049

$319,900
02/20/2026

Expired

Maine Listings #1634987

$339,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1118 Exeter Road

Taxable Value

Land

$62,000

Additions

$72,000
Total$134,000

Tax Record

2025

$1,561 ($130 / month)

Home Facts

Beds

3

Baths

1

Total Finished SqFt

1,300 SqFt

Above Grade Finished SqFt

1,300 SqFt

Lot Size

1,916,640 SqFt

Style

Single Family Residence

Year Built

1820

Year Renovated

1820

Zoning

RA

County

PENOBSCOT

APN

EXER M:007 L:006

Schools near 1118 Exeter Road

This home is within Msad 46.
Rating
School
Type
Grades
Distance
Ridge View Community School
Public - PK to 8
Dexter Regional High School
Public - 9 to 12
Rating
School
Distance
Ridge View Community School
PublicPK to 8

Dexter Regional High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1118 Exeter Road, Exeter, ME 04435

1118 Exeter Road is a multi-family home for sale in Exeter, ME 04435. This property was listed for sale on May 27, 2026 by RE/MAX Infinity, it's currently listed at $299,900. This listing's school district is Msad 46. Nearby schools include Ridge View Community School and Dexter Regional High School. 1118 Exeter Road is a 4-bed, 3-bath, 1,500 sqft multi-family home built in 1865.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Infinity

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.