240 State Street, Presque Isle, ME, 04769
About This Home
Welcome to 240 State Street, a property with unique potential located on the corner of State and Third Street in Presque Isle. Currently arranged as a single-family home used as an apartment building, the structure includes nine bedrooms and three bathrooms, offering flexible space that could be reimagined for a variety of purposes. With its size and location, the property opens the door to redevelopment, renovation, or a complete rebuild. The corner lot provides excellent visibility and access, making it a prime setting for those looking to invest in intown Presque Isle. Whether you envision restoring the home, converting it into updated rental housing, or removing the structure to create a new building site, this location gives you options in a high-traffic, central part of town. With schools, shopping, and community amenities nearby, the property combines convenience with opportunity. If you are seeking a project in a strategic location, 240 State Street is ready for its next chapter. Schedule your showing today to explore the possibilities!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Stone,Brick/Mortar
- Roof: Metal,Shingle
- Construction materials: Wood Frame,Aluminum Siding,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Interior Entry,Full,Unfinished
Bedroom1
- Level: First
Bedroom2
- Level: First
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedroom5
- Level: Second
Bedroom6
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Carpet,Tile,Vinyl,Wood
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 3,152
Heating & Cooling
- Heating features: Hot Water
- Cooling features: None
Interior Area
- Total structure area: 3,152
- Total interior livable area: 3,152 sqft
Kitchen
- Level: First
Laundry
- Level: First
Living Room
- Level: First
Other
- Level: Second
Other
- Level: Second
Other
- Level: Second
Property
Details
- Parcel number: PREEM036B187L240
- Zoning: Urban Res 2
Lot
- Lot size: 0.30 Acres
- Features: City Lot,Level,Rolling Slope
Parking
- Total spaces: 2
- Parking features: Gravel,1 - 4 Spaces
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $707 | $8,484 |
| Home Insurance | $86 | $1,032 |
| Property Taxes | $239 | $2,868 |
| Electricity | $458 | $5,498 |
| Total | $1,490 | $17,880 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-10 | Listed for sale | $139,900 |
For Sale by Agent
View on Zillow