What is the typical rental yield for a condo in Ellsworth?

Ellsworth condos typically generate 4–5% rental yields for long-term rentals and 8–12% for vacation rentals during peak seasons. Actual yields depend on property condition, location within town, and management strategy, with vacation rentals benefiting from Maine's 35% growth in rental revenues since 2020.

How long does it take to sell a condo in Ellsworth?

Ellsworth condos typically sell in 55–72 days, reflecting a somewhat competitive market with modest inventory. Properties generally sell 3–4% below list price, providing realistic expectations for both cash flow and appreciation-focused investors.

Is Ellsworth a good market for vacation rental condos?

Yes, Ellsworth's proximity to Bar Harbor and Mount Desert Island makes it an attractive gateway for vacation rental investors seeking lower acquisition costs than premium markets. The region benefits from Maine's tourism boom and seasonal demand peaks May through September, when inventory increases 40–60%.

Condo Investment Properties for Sale in Ellsworth, ME

Property at 30 Tinker Meadow Way #30, Ellsworth, ME

2 Bed
2 Bath
1205 sft

30 Tinker Meadow Way #30, Ellsworth, ME, 04605

Property at 51 Tinker Meadow Way #23, Ellsworth, ME

3 Bed
2 Bath
1725 sft

51 Tinker Meadow Way #23, Ellsworth, ME, 04605

Property at 3 Tinker Meadow Way #A, Ellsworth, ME

4 Bed
3 Bath
2136 sft

3 Tinker Meadow Way #A, Ellsworth, ME, 04605

Here are some other similar properties you might be interested in:

Property at 20 Main Street, Sangerville, ME

Fix & Flip

Listed for sale 2 days ago

$ 100,000

ROI

Cash Flow/m

4 Bed
1 Bath
1200 sft

20 Main Street, Sangerville, ME, 04479

Property at 72 Yeaton Street, Waterville, ME

Listed for sale 7 days ago

4 Bed
2 Bath
1404 sft

72 Yeaton Street, Waterville, ME, 04901

2 Bed
2 Bath
1120 sft

20 Forest Drive, Poland, ME, 04274

Property at 6 Linden Avenue, Old Orchard Beach, ME

1 Bed
1 Bath
505 sft

6 Linden Avenue, Old Orchard Beach, ME, 04064

Property at 394 Lakewood Road, Madison, ME

4 Bed
2 Bath
1482 sft

394 Lakewood Road, Madison, ME, 04950

Property at 30 River Road, Cherryfield, ME

3 Bed
1 Bath
1224 sft

30 River Road, Cherryfield, ME, 04622

Property at 94 Caler Road, Columbia Falls, ME

1 Bed
1 Bath
680 sft

94 Caler Road, Columbia Falls, ME, 04623

Property at 135 Hemore Road, Houlton, ME

2 Bed
- Bath
288 sft

135 Hemore Road, Houlton, ME, 04730

Property at 26 Taunton Drive, Sullivan, ME

3 Bed
3 Bath
2250 sft

26 Taunton Drive, Sullivan, ME, 04664

Property at 26 Round Stone Road, Mount Vernon, ME

2 Bed
2 Bath
924 sft

26 Round Stone Road, Mount Vernon, ME, 04352

Property at 66 Dudley Street, Presque Isle, ME

4 Bed
2 Bath
1666 sft

66 Dudley Street, Presque Isle, ME, 04769

2 Bed
1 Bath
702 sft

4 Bowen Road, Searsport, ME, 04974

3 Bed
2 Bath
1176 sft

16 Garden Way, Augusta, ME, 04330

Property at 430 Saint Thomas St, Madawaska, ME

3 Bed
2 Bath
- sft

430 Saint Thomas St, Madawaska, ME, 04756

Property at 18 Hunts Meadow Road, Whitefield, ME

3 Bed
1 Bath
1050 sft

18 Hunts Meadow Road, Whitefield, ME, 04353

Property at 25 Winter Drive, Farmingdale, ME

2 Bed
2 Bath
924 sft

25 Winter Drive, Farmingdale, ME, 04344

Property at 275 Boundary Line Road, Bridgewater, ME

$ 100,000

ROI

Cash Flow/m

3 Bed
1 Bath
1200 sft

275 Boundary Line Road, Bridgewater, ME, 04735

2 Bed
1 Bath
1500 sft

5 Park St, Mars Hill, ME, 04758

Property at 61 Pineland Drive, Winthrop, ME

2 Bed
2 Bath
840 sft

61 Pineland Drive, Winthrop, ME, 04364

Property at 1660 Main Road, Greenbush, ME

1 Bed
1 Bath
1680 sft

1660 Main Road, Greenbush, ME, 04418

Property at 76 Belfast Augusta Road, Searsmont, ME

5 Bed
2 Bath
2317 sft

76 Belfast Augusta Road, Searsmont, ME, 04973

Property at 82 Sherman Street, Island Falls, ME

3 Bed
2 Bath
1890 sft

82 Sherman Street, Island Falls, ME, 04747

2 Bed
2 Bath
1036 sft

8 Balsam Drive, Norway, ME, 04268

Property at Lot 24 Ermine Road, Rangeley, ME

1 Bed
- Bath
250 sft

Lot 24 Ermine Road, Rangeley, ME, 04970

Why Invest in Ellsworth, Maine?

Ellsworth, Maine presents a compelling opportunity for condo investors seeking exposure to a secondary market with strong fundamentals. The region benefits from Maine's broader in-migration trends, driven by remote workers and retirees relocating from expensive metropolitan areas. Condos in Ellsworth offer lower entry points compared to coastal premium markets while capturing appreciation from infrastructure investments and steady demand. With vacation rental demand surging across Maine's coastal communities and residential growth anchored by affordability, condo investments here balance cash flow potential with long-term appreciation.

6.5%

Avg. ROI

4.2%

Rental Yield

5.8%

Cap Rate

$520/mo

Avg. Cash Flow

$1450/mo

Avg. Rent

1Y Appreciation

Frequently Asked Questions

Ellsworth offers significantly lower entry costs while capturing the same in-migration and tourism-driven demand as premium markets. As a secondary market with infrastructure investments and steady appreciation, condos here provide better cash flow potential and cap rates with less competition and lower acquisition prices than Bar Harbor or Mount Desert Island.

Find Your Perfect Investment Property in Ellsworth, Maine

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Ellsworth, ME

Fix and Flip Properties in Ellsworth, ME

Short-Term Rental Properties in Ellsworth, ME

Find Properties

By Strategy

By Performance

Loan Products

Tools

Resources

Condo Investment Properties for Sale in Ellsworth, ME

Why Invest in Ellsworth, Maine?

Frequently Asked Questions

Why should I invest in Ellsworth condos instead of Bar Harbor or other premium coastal markets?

What is the typical rental yield for a condo in Ellsworth?

How long does it take to sell a condo in Ellsworth?

Is Ellsworth a good market for vacation rental condos?

Find Your Perfect Investment Property in Ellsworth, Maine

Explore by Investment Strategy

Explore by Performance

Explore by Property Type

Explore by Price Range

Popular Cities

Ziffy DSCR Loans for Maine Investors