Mexico Homes under $400,000

Welcome to Mexico, Maine—where the charm of small-town living meets the breathtaking beauty of the great outdoors! Nestled in Oxford County, this picturesque town offers a serene escape with stunning mountain views, lush forests, and the tranquil waters of the Androscoggin River. Whether you're an outdoor enthusiast or someone who appreciates a close-knit community, Mexico has something for everyone.

One of the town's standout features is its affordability. With homes available for under $400,000, Mexico is an ideal destination for first-time homebuyers, families, and anyone looking to invest in a peaceful lifestyle without breaking the bank. These homes range from cozy cottages to spacious family residences, offering a variety of options to suit different tastes and needs. Many properties boast beautiful yards, perfect for gardening or outdoor gatherings, and some even provide easy access to hiking trails and recreational activities.

The community in Mexico is welcoming and vibrant, with local shops, eateries, and seasonal events that foster a strong sense of belonging. Residents enjoy the best of both worlds—small-town charm with easy access to larger cities like Rumford and Norway, where additional amenities and services are just a short drive away.

If you’re looking for a place where you can enjoy nature, community, and affordability, Mexico, Maine, is the perfect choice. Explore the available homes under $400,000 and discover your dream property in this enchanting town today!

Newest Mexico Homes under $400,000

$199,000

2 Beds ⋅ 2 Baths

Welcome to 3 Front St; a well-maintained 2-3 bed, 1.5 bath home filled with charm and character. Enjoy cooking your meals and entertaining guests in the bright, open kitchen that features a large island, beautiful vintage wood cookstove, and a cozy loft. The living room and first floor bathroom have been recently painted. The living room features a pellet stove to keep you warm during the cold Maine months. From the living room, you will find a bonus space perfect for use as an office, a workout room, or a guest bedroom. Walk up the beautiful staircase to find two bedrooms and a spacious full bathroom. The attached two-story garage/barn offers ample storage. This property is fully move-in-ready with a new oil tank, updated electrical, new lighting, and a new roof. Don't miss your opportunity to see this incredible property!

3 Front St, Mexico

Listing courtesy of Landing Real Estate.

$210,000

3 Beds ⋅ 2 Baths

55 & 57 Main St, Mexico

Listing courtesy of Amnet Realty.

$161,300

2 Beds ⋅ 1 Baths

Such a quaint home waiting for you! This charming 2-bedroom, 1-bath property offers convenient first-floor living, along with not one, but two glassed-in porches—perfect for relaxing with your morning coffee or enjoying the changing seasons. While the home is cosmetically dated and could use some updating, it offers a sound structure and a wonderful opportunity to add your own personal touches and make it your own. A one-car garage and nice backyard add to the appeal. Conveniently located close to shopping, amenities, and the many recreational activities Western Maine has to offer. A great opportunity for a primary residence, vacation getaway, or investment property!

79 Middle Ave, Mexico

Listing courtesy of Amnet Realty.

$389,900

6 Baths

Solid six unit investment property with great rental income history. Seller has maintained property well. All showings and inquiries to be done by owner only. Contact Chris Cyr 508-310-3409 for showings and all offers.

36 Roxbury Rd, Mexico

Listing courtesy of Dan Anderson Real Estate, Inc..

$235,000

2 Baths

SELLER WILL CONSIDER DIVIDING THE PROPERTY! Investment opportunity at 6, 7 & 8 Pleasant Street in Mexico, offering three parcels totaling approximately 1.6 acres with two existing single-wide mobile homes and a separate vacant lot. The seller is open to considering offers for the entire package or a smaller combination consisting of one mobile home and the vacant lot, providing additional purchasing flexibility. 7 Pleasant Street features a vacant 3-bedroom, 1-bath mobile home with recent updates including flooring, paint, and trim. 8 Pleasant Street offers a tenant-occupied 2-bedroom, 1-bath mobile home providing existing rental income. 6 Pleasant Street is a vacant parcel with some existing infrastructure and potential for future development. The property offers opportunities for continued rental use, owner occupancy, or additional development, subject to applicable approvals. Buyers are encouraged to explore the available purchase configurations and conduct their own due diligence regarding parcel division, utilities, access, and permitted uses. Property division and separate sales are subject to seller approval and applicable municipal requirements.

7 Pleasant St Unit 6,7,8, Mexico

Listing courtesy of EXP Realty.

$150,000

5 Beds ⋅ 3 Baths

This charming Mexico property offers a great opportunity for buyers looking for a comfortable home with room to make it their own. Set in a convenient residential location, the property offers a practical layout, established surroundings, and plenty of potential to add your own updates and personal touches. Whether you're looking for an affordable primary residence, investment property, or a place to settle into and improve over time, this one is worth a look. Bring your ideas and unlock the potential—opportunity is knocking in Mexico!

103 Granite St, Mexico

Listing courtesy of Dan The Man Real Estate.

$250,000

4 Beds ⋅ 2 Baths

This extensively renovated 4-bedroom, 2-bath New Englander features approximately 2,140 square feet of living space. Major improvements include the home being raised, a new foundation poured, new floor joists installed, and renovations completed throughout the interior. The first floor includes a new kitchen with a large center island and an open dining and living area. A full bathroom is also located on the first floor. The second floor includes four bedrooms, a second full bathroom, and a laundry area. Heating and cooling are provided by heat pumps, with an oil-fired baseboard hot water system providing an additional heating source. The property also includes public water and sewer, a full basement, and a metal roof. An attached barn provides additional storage while maintaining the traditional character of the home. Extensive structural and interior improvements combine the appearance of an older New England home with many updated components. Located in Mexico with convenient access to shopping, dining, schools, and other River Valley amenities. Black Mountain of Maine is nearby, with Sunday River Resort approximately 35 minutes away. The surrounding Western Maine area provides access to skiing, hiking, ATV and snowmobile trails, fishing, and other four-season recreational activities.

4 Pearl St, Mexico

Listing courtesy of Amnet Realty.

$57,500

3 Beds ⋅ 1 Baths

APPROVED SHORT SALE for $100,000! Looking for the opportunity to bring life back to a well-loved home 1900s home? This home might be for you! Property to be sold ''AS-IS'' condition. Buyer is responsible for cleaning out any personal property on property. Everyone is encouraged to do their own due diligence. Agents & special administrator have disclosed ALL known information about the property.

20 Middle Ave, Mexico

Listing courtesy of On Point Realty.

$159,000

3 Baths

Affordable investment opportunity! This well-maintained 3-unit property offers immediate income potential with all three units currently occupied. Situated on a spacious lot with a large yard, the property provides ample outdoor space for tenants to enjoy while offering room for gardening, recreation, or future possibilities. Whether you're looking to expand your investment portfolio or begin building wealth through real estate, this turnkey multifamily is one you won't want to miss. Advance notice is required for all showings due to tenant occupancy.

64 Osgood Ave, Mexico

Listing courtesy of Amnet Realty.

$205,000

3 Beds ⋅ 2 Baths

Welcome to this charming 3-bedroom, 1.5-bath home located in a great neighborhood and close to local amenities. This property offers a fantastic opportunity for buyers looking to add their own personal touches, with only minor TLC needed to make it truly shine. Recent updates include newer siding, electrical and plumbing, a new water heater, and gutters, providing peace of mind on many of the home's major systems. Inside, you'll find a functional layout with comfortable living spaces, while outside, the spacious backyard offers plenty of room for entertaining, gardening, or simply enjoying the outdoors. Whether you're a first-time homebuyer or someone looking for a one floor living with great potential in a desirable location, this property is one you won't want to miss. Schedule your showing today and make this adorable house your home.

14 Howard St, Mexico

Listing courtesy of Integrity Homes Real Estate Group, PC.

$289,000

4 Baths

Discover the income potential of this unique four-unit property featuring two separate duplex buildings. Building A has been substantially renovated and offers two spacious apartments, each with 2-3 bedrooms and approximately 1.25 baths. These units are essentially complete, providing an opportunity for occupancy or rental income. Renovations are actively progressing in Building B, with the seller continuing to make improvements. Once completed, Building B will offer two-bedroom, one-bath apartments with inviting enclosed porches. Work completed or underway includes updates to major systems, new walls and flooring, replacement windows, and porch improvements. Additional improvements throughout the property include newer roofing, updated plumbing, electrical and heating systems, four separate electric meters, and individual hot water systems. The property also features public water and sewer, approximately 4,000± square feet of total living space, low property taxes, separate utilities for each apartment, and a garage. With one duplex ready for occupancy and continued progress being made on the second, this property offers an appealing opportunity for an investor or owner-occupant seeking potential income and long-term value. Updated photos showcase the latest improvements and the ongoing transformation of the property.

7 Harlow Hill Rd, Mexico

Listing courtesy of Realty of Maine.

$335,000

3 Beds ⋅ 2 Baths

Nature at its best. Enjoy sweeping mountain views from the spacious deck--especially breathtaking when the foliage peaks. Set on 8.65 private acres, this inviting three-bedroom home offers a wraparound porch perfect for slow mornings and quiet evenings. The full basement includes a half bath and extra sleeping space for guests. Minutes from town conveniences and outdoor adventures like swimming, fishing, and paddleboarding. With Mount Blue State Park nearby and Sunday River just 30 minutes up the road, this property is where privacy meets possibility.

60 Riley Rd, Mexico

Listing courtesy of Red Door Realty.

Start Your Search

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal,noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

This information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be intrested in purchasing.

Your privacy on the Internet is important to us. This Privacy Statement is to inform you that we will not provide your personal information to any third parties except as required by law or expressly authorized by you. We do not sell, trade, barter, or share information obtained from use of this site with any other businesses or people. All information gathered from a visitor to this web site is used solely by this office and/or its affiliated licensee(s). For additional information, please contact this office.