Search
Four-Unit Residential Quadplex
New
For Sale
$395,000

12 Grace Street, Rockland, ME 04841

Four one-bedroom residences offer separately metered utilities and individual propane tanks.

Property Size2,195 SF
Days on Market4

Property Features for 12 Grace Street

General Information

Standard status Active
Size 2,195 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 1BR
Multifamily Units 4

Additional Details

Utilities to Site Yes

Building Details

Building Size 2,195 SF
Year Built 1900
Year Renovated 1985
Units 4
Listing Agency: SVN | The Masiello Group
Listed By: Douglas Erickson, CCIM · License #113164
Source: Commercialcafe
Added: Aug 28 Changed: Aug 29 Last Checked: Aug 30 at 1:01PM

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.

Built in 1900, this residential quadplex contains four one-bedroom units. Each residence has separate metering for water, sewer, and electricity, along with an individual propane tank and Rinnai heating equipment. The property also has an established history of occupancy.

The building is near the intersection of Grace and Union Streets, within a short distance of Rockland’s city center and Main Street. Banks, professional offices, restaurants, shopping, and the waterfront harbor are also nearby, placing everyday services and downtown destinations within convenient reach.

Key Highlights

  • Four one‑bedroom residential units
  • Built in 1900
  • Separate water, sewer, and electricity metering for each unit

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

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

808
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom residences offer separately metered utilities 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; Separate water, sewer, and electricity metering for each unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message