102 Thomas Mcclellan Road, Farmington, ME, 04938
About This Home
Excellent investment opportunity in Farmington! This well-maintained 2 unit is ideally located just minutes from the university, making it highly appealing for student rentals. Each unit features two bedrooms, a functional layout, and abundant natural light. The first-floor unit has been completely renovated, including new doors, a new bathroom vanity, a new bathtub and shower surround, new kitchen cabinets and fixtures, and new flooring offering modern appeal and added value. Whether you're looking to owner-occupy while offsetting your mortgage or expand your investment portfolio, this property offers strong and consistent income potential. Situated on a quiet road, the property also includes ample parking--an essential amenity for tenants. Building is currently vacant so easy to show and ready for owner occupied or pick your own tenants. Don't miss this chance to own this great investment!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Poured Concrete,Slab,Brick/Mortar
- Roof: Metal
- Construction materials: Wood Frame,Clapboard
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Laundry - Coin
Basement
- Has basement: Yes
- Basement: Bulkhead,Exterior Entry,Crawl Space,Partial,Sump Pump,Unfinished,Brick/Mortar
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- 1st Floor Bedroom,Bathtub
- Window features: Double Pane Windows,Low Emissivity Windows
- Flooring: Carpet,Laminate,Tile,Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,428
Heating & Cooling
- Heating features: Baseboard,Hot Water,Zoned
- Cooling features: None
Interior Area
- Total structure area: 1,428
- Total interior livable area: 1,428 sqft
Property
Accessibility
- Accessibility features: 32 - 36 Inch Doors
Details
- Parcel number: FARNMU31L003
- Zoning: town
Features
- Levels: Multi/Split
- Patio & porch: Porch
Lot
- Lot size: 3,920 sqft
- Features: City Lot,Corner Lot,Level,Sidewalks
Parking
- Parking features: Gravel,1 - 4 Spaces,On Site
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
- Ice Storm
- Lightning
- Winter Weather
- Cold Wave
- Strong Wind
- Hurricane
- Inland Flooding
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 | $1,006 | $12,072 |
| Home Insurance | $91 | $1,092 |
| Property Taxes | $367 | $4,404 |
| Electricity | $244 | $2,930 |
| Total | $1,708 | $20,496 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-21 | Listed for sale | $229,000 |
| 2024-12-02 | Listing removed | $1,450 |
| 2024-08-30 | Listed for rent | $1,450 |
| 2022-10-24 | Sold | $174,700 |
| 2022-09-21 | Pending sale | $174,600 |
| 2022-09-17 | Price change | $174,600 |
| 2022-08-28 | Listed for sale | $274,600 |
| 2022-06-24 | Listing removed | -- |
| 2022-03-30 | Price change | $179,000 |
| 2022-03-16 | Pending sale | $159,000 |
| 2021-11-06 | Price change | $159,000 |
| 2021-09-26 | Price change | $169,000 |
| 2021-06-23 | Listed for sale | $179,000 |
For Sale by Agent
View on Zillow