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    159 Elm St Bangor, ME 04401

    New
    For Sale
    $275,000

    MULTI_FAMILY - Cape Cod - Bangor, ME

    Property size:
    1,936 SF
    Lot size:
    0.16 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 159 Elm St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    11 urd1
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Patio and Porch features
    Porch, Deck
    Pets allowed
    No
    Basement
    Sump Pump, Full, Unfinished
    Size
    1,936 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Laminate
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Cape Cod

    Century 21 Queen City Real Estate (207) 942-4618 [email protected]

    Listing agent Nicole Matson (207) 942-4618

    Listing date Dec 1, 2025

    MLS# 1644574 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Duplex Near Amenities

    This well-maintained two-unit property is located in close proximity to amenities, schools, and shopping. The property has been updated with a new furnace in 2023, fresh interior paint, and new flooring in Unit 1. Unit 2 features an updated bathroom. Both units are currently tenant-occupied, providing immediate rental income. The lot size is 0.16 acres. The property size is 1936 square feet. The zoning is 11 urd1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bangor
    County
    Penobscot
    State
    Maine
    Longitude
    -68.765345
    Latitude
    44.812041

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    FAQs

    What type of property is this?
    Duplex - Two-unit property with recent updates and immediate rental income.
    Where is this duplex located?
    The property is located at 159 Elm St Bangor, ME.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Immediate rental income from tenant-occupied units.; - New furnace installed in 2023.; - Updated bathroom in Unit 2.
    (207) 942-4618
    Request Owner's contact information
    159 Elm St Bangor, ME 04401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    159 Elm St Bangor, ME 04401
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