Real Estate Investment Properties for Sale in Hallowell, ME

Looking for investment property in Hallowell, ME with high ROI ?

Explore a variety of short-term homes & houses in Hallowell, ME. Invest wisely with VRBO & Hallowell, ME Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Hallowell, ME

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
89 Water St #2 Hallowell, ME Stunning downtown condo. Extremely rare find. Features 2 spacious bedrooms with fireplac...	2 beds \| 1 baths \| 1,107 sq.ft.	$340,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 3.4% Airbnb Rental Income: $924 Traditional Rental Income: $2160 Airbnb ROI: -1.55% Traditional ROI: 3.4%
15 Middle St #3 Hallowell, ME Live in the historic Bodwell House Mansion in beautiful Hallowell. This mansard style buil...	1 beds \| 1 baths \| 1,240 sq.ft.	$310,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 2.72% Airbnb Rental Income: $857 Traditional Rental Income: $1842 Airbnb ROI: -1.8% Traditional ROI: 2.72%
15 Middle Street Hallowell, ME Welcome to one of Hallowell's most iconic and photographed historic homes, once owned by J...	1 beds \| 1 baths \| 1,240 sq.ft.	$310,000	Airbnb cash on cash: -2.77% Traditional cash on cash: 3.22% Airbnb Rental Income: $857 Traditional Rental Income: $2271 Airbnb ROI: -2.77% Traditional ROI: 3.22%
89 Water Street Hallowell, ME Discover effortless downtown living in this stunning, fully furnished condo where timeless...	2 beds \| 1 baths \| 1,107 sq.ft.	$340,000	Airbnb cash on cash: -2.03% Traditional cash on cash: 2.91% Airbnb Rental Income: $924 Traditional Rental Income: $2162 Airbnb ROI: -2.03% Traditional ROI: 2.91%
85 Middle Street Hallowell, ME Motivated Seller price just dropped $10,000 !Historic charm meets intown living at the Mar...	2 beds \| 1 baths \| 855 sq.ft.	$157,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 9.42% Airbnb Rental Income: $924 Traditional Rental Income: $2007 Airbnb ROI: -0.08% Traditional ROI: 9.42%
74 Second Street Hallowell, ME Extremely rare offering. Stunning 3 story condo located within walking distance to downtow...	2 beds \| 3 baths \| 2,448 sq.ft.	$450,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 6.98% Airbnb Rental Income: $924 Traditional Rental Income: $4014 Airbnb ROI: -1.17% Traditional ROI: 6.98%
Acorn Lane lot: 23 Hallowell, ME The ''Conifer'' - the latest Ledge Pointe Condominiums offering at Stevens Commons in Hall...	3 beds \| 3 baths \| 1,500 sq.ft.	$685,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 3.47% Airbnb Rental Income: $900 Traditional Rental Income: $2950 Airbnb ROI: -0.27% Traditional ROI: 3.47%
85 Middle St #10 Hallowell, ME 85 Middle St #10, Hallowell, ME 04347 \| Condo/Coop	2 beds \| 1 baths \| 855 sq.ft.	$157,000	Airbnb cash on cash: -1.76% Traditional cash on cash: 5.81% Airbnb Rental Income: $924 Traditional Rental Income: $1718 Airbnb ROI: -1.76% Traditional ROI: 5.81%
17 Union St Hallowell, ME 17 Union St, Hallowell, ME 04347 \| Single Family Residential	6 beds \| N/A baths \| 10,000 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.27% Airbnb Rental Income: $null Traditional Rental Income: $2963 Airbnb ROI: N/A Traditional ROI: 1.27%
Lot 23 Acorn Ln #23 Hallowell, ME Lot 23 Acorn Ln #23, Hallowell, ME 04347 \| Condo/Coop	3 beds \| 2 baths \| 1,500 sq.ft.	$685,000	Airbnb cash on cash: -2.11% Traditional cash on cash: 2.19% Airbnb Rental Income: $900 Traditional Rental Income: $3308 Airbnb ROI: -2.11% Traditional ROI: 2.19%
9-11 Summer St Hallowell, ME Timeless charm meets smart investment, two family Victorian Beauty. Step into classic eleg...	6 beds \| 2 baths \| 3,600 sq.ft.	$795,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 0.37% Airbnb Rental Income: $1562 Traditional Rental Income: $1808 Airbnb ROI: -0.56% Traditional ROI: 0.37%
74 Second St #A Hallowell, ME 74 Second St #A, Hallowell, ME 04347 \| Condo/Coop	2 beds \| 2 baths \| 2,448 sq.ft.	$450,000	Airbnb cash on cash: -2.51% Traditional cash on cash: 2.44% Airbnb Rental Income: $924 Traditional Rental Income: $2665 Airbnb ROI: -2.51% Traditional ROI: 2.44%
2 Warren St Hallowell, ME Step back in time...and experience the charm of a truly special home in Hallowell. This an...	5 beds \| 3 baths \| 2,304 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.37% Airbnb Rental Income: $null Traditional Rental Income: $4005 Airbnb ROI: N/A Traditional ROI: 7.37%
1 Bridge St Hallowell, ME 1 Bridge St, Hallowell, ME 04347 \| Single Family Residential	6 beds \| 2 baths \| 1,960 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.63% Airbnb Rental Income: $null Traditional Rental Income: $3460 Airbnb ROI: N/A Traditional ROI: 6.63%
85 Middle St #7 Hallowell, ME 85 Middle St #7, Hallowell, ME 04347 \| Condo/Coop	2 beds \| 1 baths \| 925 sq.ft.	$162,000	Airbnb cash on cash: -1.78% Traditional cash on cash: 6.8% Airbnb Rental Income: $924 Traditional Rental Income: $1909 Airbnb ROI: -1.78% Traditional ROI: 6.8%
28 Greenville St Hallowell, ME OPEN HOUSE SATURDAY JUNE 6, 10AM-12PM. Classic three-bedroom Cape offering seasonal view o...	3 beds \| 1 baths \| 1,460 sq.ft.	$295,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 8.23% Airbnb Rental Income: $900 Traditional Rental Income: $2662 Airbnb ROI: 0.67% Traditional ROI: 8.23%
1 Janabye Ln Hallowell, ME Nestled in the picturesque countryside of Hallowell, this beautiful Cape farmhouse offers ...	3 beds \| 1 baths \| 1,523 sq.ft.	$370,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 6.34% Airbnb Rental Income: $900 Traditional Rental Income: $2646 Airbnb ROI: 0.33% Traditional ROI: 6.34%
12 Perkins Ln Hallowell, ME Exceptional passive solar post-and-beam home on a beautifully landscaped property. Discove...	4 beds \| 3 baths \| 3,800 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $4545 Airbnb ROI: N/A Traditional ROI: 5.36%
Lot 9 Overlook Dr Hallowell, ME Lot 9 Overlook Dr, Hallowell, ME 04347 \| Other	N/A beds \| N/A baths \| N/A	$115,000	Airbnb cash on cash: 5.98% Traditional cash on cash: 8.85% Airbnb Rental Income: $1562 Traditional Rental Income: $1432 Airbnb ROI: 5.98% Traditional ROI: 8.85%
19 Hillcrest Street Hallowell, ME Welcome home to this charming 4-bedroom, 2-bath Cape-style residence built in 2001, offeri...	4 beds \| 2 baths \| 2,264 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.59% Airbnb Rental Income: $null Traditional Rental Income: $3714 Airbnb ROI: N/A Traditional ROI: 7.59%

Real Estate investment in Hallowell, ME

There are 20 properties for sale in the city of Hallowell . The median list price in Hallowell is $319,835 and the average price per square foot is $144. In June 2026, the average monthly cash on cash return in Hallowell is 6.00%. The average monthly rental income in Hallowell is $2,217.

Hallowell, ME Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 20 investment properties available for sale in Hallowell.

In 2026, the best neighborhood to buy investment property is Hallowell.

The ROI for Long-Term is higher than the Short-Term in Hallowell with average rental income of $2,217.

Your search for investment property begins and ends here

Investment Property for Sale in Hallowell, ME

89 Water St #2

Hallowell, ME

2 beds | 1 baths | 1,107 sq.ft.

$340,000

Airbnb cash on cash: -1.55%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $924

Traditional Rental Income: $2160

Airbnb ROI: -1.55%

Traditional ROI: 3.4%

15 Middle St #3

Hallowell, ME

1 beds | 1 baths | 1,240 sq.ft.

$310,000

Airbnb cash on cash: -1.8%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $857

Traditional Rental Income: $1842

Airbnb ROI: -1.8%

Traditional ROI: 2.72%

15 Middle Street

Hallowell, ME

1 beds | 1 baths | 1,240 sq.ft.

$310,000

Airbnb cash on cash: -2.77%

Traditional cash on cash: 3.22%

Airbnb Rental Income: $857

Traditional Rental Income: $2271

Airbnb ROI: -2.77%

Traditional ROI: 3.22%

89 Water Street

Hallowell, ME

2 beds | 1 baths | 1,107 sq.ft.

$340,000

Airbnb cash on cash: -2.03%

Traditional cash on cash: 2.91%

Airbnb Rental Income: $924

Traditional Rental Income: $2162

Airbnb ROI: -2.03%

Traditional ROI: 2.91%

85 Middle Street

Hallowell, ME

2 beds | 1 baths | 855 sq.ft.

$157,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 9.42%

Airbnb Rental Income: $924

Traditional Rental Income: $2007

Airbnb ROI: -0.08%

Traditional ROI: 9.42%

74 Second Street

Hallowell, ME

2 beds | 3 baths | 2,448 sq.ft.

$450,000

Airbnb cash on cash: -1.17%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $924

Traditional Rental Income: $4014

Airbnb ROI: -1.17%

Traditional ROI: 6.98%

Acorn Lane lot: 23

Hallowell, ME

3 beds | 3 baths | 1,500 sq.ft.

$685,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $900

Traditional Rental Income: $2950

Airbnb ROI: -0.27%

Traditional ROI: 3.47%

85 Middle St #10

Hallowell, ME

2 beds | 1 baths | 855 sq.ft.

$157,000

Airbnb cash on cash: -1.76%

Traditional cash on cash: 5.81%

Airbnb Rental Income: $924

Traditional Rental Income: $1718

Airbnb ROI: -1.76%