Search multi family homes for sale in Bar Harbor with Steven Shelton. Find your dream property in Bar Harbor
Bar Harbor, Maine multi family homes for sale offer a unique opportunity to own property in one of the most desirable coastal towns in New England. These properties appeal to both investors and owner-occupants, providing the potential for rental income while enjoying proximity to downtown Bar Harbor, Acadia National Park, and the scenic shoreline. Multi family homes in Bar Harbor often include classic New England architecture, flexible floor plans, and strong long-term demand driven by tourism and limited housing supply. Whether you’re looking to generate income, house extended family, or invest in a high-demand market, Bar Harbor multi family properties present a compelling option in a location known for its natural beauty and year-round appeal.
Info & listings in the diverse areas Bar Harbor, Maine has to offer
A multi-family home is a property with two or more separate living units under one roof (or on one parcel), such as a duplex, triplex, fourplex, or a home with a legal accessory dwelling unit (ADU). In Bar Harbor, you may also see older homes that have been converted into multiple apartments—those can still qualify as multi-family if the units are permitted and separately livable.
Most buyers are looking for one (or a mix) of these benefits:
Offsetting the mortgage by renting out one or more units
Flexible living (live in one unit, host family in another, or rent seasonally)
Long-term wealth building through rental income and appreciation
A hedge for a high-demand market where housing inventory can be limited
They can be, but it depends on local rules, property location, and permitting. Bar Harbor and surrounding areas may have short-term rental regulations that affect licensing, minimum stays, occupancy limits, and taxes. Before you buy, confirm the property’s rental status and what’s allowed for each unit.
Duplex: Two full units designed as separate residences (often side-by-side or up/down).
ADU: A smaller second unit—sometimes above a garage, in a basement, or attached—typically with additional zoning and permitting considerations.
If rental income is a priority, the key question is whether the ADU is legal/permitted and whether it can be rented year-round or seasonally.
Focus on factors that directly affect livability and rental performance:
Separate entrances, utilities, and parking (or realistic options to add them)
Unit layouts that make sense for tenants (privacy matters)
Heating systems (type, age, fuel source, and efficiency)
Water/septic capacity (if not connected to municipal services)
Roof, siding, windows, and insulation—coastal weather can be demanding
Storage and laundry access for each unit
Yes—financing often depends on the number of units and whether you’ll live onsite.
Owner-occupied multi-family purchases may qualify for more favorable terms than investor loans.
Lenders may consider projected rental income to help you qualify, but they’ll apply their own rules for how much income they’ll count.
Properties with 5+ units often move into commercial-style financing, which is underwritten differently.
A practical, well-rounded look at the key factors that shape pricing in today’s real estate market.
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