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Four-Unit Downtown Quadplex
For Sale
$395,000

12 Grace Street, Rockland, ME 04841

Four one-bedroom residences have separate utility meters and individual propane tanks.

Property Size1,937 SF
Price / SF$203.92
Days on Market103

Property Features for 12 Grace Street

General Information

Standard status Active
Size 1,937 SF
Property subtype Multi Family Home
Zoning Res. A

Units

Unit Mix 4 x 1BR
Multifamily Units 4
Individually Metered Utilities water, sewer, electricity

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,010

Building Details

Building Size 1,937 SF
Year Built 1900
Stories 2
Units 4
Listing Agency: SVN The Masiello Group
Listed By: Douglas Erickson · License ##BR113164
Source: Integrityhomesrealestategroup
Added: Jul 22 Changed: Oct 30 Last Checked: Oct 30 at 3:12PM

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

Rey
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Investment Insights

Based on property information with market context.

This quadplex contains four one-bedroom residential units within a 1,937-square-foot building constructed in 1900. Each residence has its own water, sewer, and electricity meter, along with an individual propane tank. Rinnai heaters provide the heat, and the property is zoned Res. A.

The building is at 12 Grace Street in Rockland, a short distance from Main Street, the business district, the waterfront harbor, restaurants, shops, banks, and professional offices.

Key Highlights

  • Four one‑bedroom residential units
  • 1,937 square feet; built in 1900
  • Separate water, sewer, and electricity meters for each unit

Property Analytics

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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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom residences have separate utility meters 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; 1,937 square feet; built in 1900; Separate water, sewer, and electricity meters for each unit
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