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Four-Unit Residential Quadplex
For Sale
$395,000

12 Grace Street, Rockland, ME 04841

Four one-bedroom units feature separate utility metering and individual propane tanks.

Property Size1,937 SF
Price / SF$203.92
Days on Market20

Property Features for 12 Grace Street

General Information

Standard status Active
Size 1,937 SF
Property subtype Multi-family

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: SVN The Masiello Group
Listed By: Douglas Erickson
Source: Profoundrealestate
Added: Jul 15 Changed: Jul 31 Last Checked: Aug 2 at 2:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN The Masiello Group

Investment Insights

Based on property information with market context.

This residential quadplex consists of four one-bedroom units and was built in 1900. Each unit is separately metered for water, sewer, and electricity. Heating is provided by Rinnai heaters, with an individual propane tank serving each unit.

The property is located in Downtown Rockland, a short distance from Main Street, banks, professional offices, restaurants, shopping, and the waterfront harbor. It is also near Rockland’s business district and harbor, providing access to established commercial and waterfront destinations.

Key Highlights

  • Four one‑bedroom residential units
  • Built in 1900
  • Each unit separately metered for water, sewer, and electricity

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Locksmith (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby

Demographics for 04841, ME

6,936
Population
4,073
Households
1.7
Avg Household Size
48
Median Age
36%
College-Educated
91%
High-School Grad
12.8 sq mi
ZIP Area
542
Density / Sq Mi
$55,276
Median Household Income
$35,874
Median Earnings
$986
Median Rent
$234,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom units feature separate utility metering and individual propane tanks.
Where is this quadplex located?
The property is located at 12 Grace Street Rockland, ME.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Four one‑bedroom residential units; Built in 1900; Each unit separately metered for water, sewer, and electricity
More about this property
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