Fully Occupied
For Sale
$225,000
154 Essex Avenue, Rumford, ME 04276
Fully occupied four-unit residential property with a three-bedroom and one-bedroom unit mix.
Property Size3,564 SF
Price / SF$63.13
Days on Market193
Property Features for 154 Essex Avenue
General Information
Standard status
Active
Size
3,564 SF
Property subtype
Multi-Family
Zoning
Residential
Taxes and HOA fees
Annual Taxes
$2,585
Amenities
Baseboard
Full, Sump Pump, Walk-Out Access
Wood, Vinyl, Tile
No
Yes
4.00
4
Shingle
Interior
2 Car
Asbestos, Wood Frame
Building Details
Year Built
1923
Units
4
Listing Agency:
Elevate Maine Realty
(207) 213-7644
Listed By:
Tyler Stewart · License #BA927955
(207) 213-7644
Source:
Compass
Added: Feb 19
Changed: Aug 29
Last Checked: Aug 29 at 3:05PM
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 Elevate Maine Realty
Investment Insights
Based on property information with market context.
This four-unit residential property contains 3,564 SF and is fully occupied. The unit mix includes three three-bedroom apartments and one one-bedroom apartment, offering varied residential layouts within the same building. The property was built in 1923 and is zoned Residential.
Building features include baseboard heating, a full basement with sump pump and walk-out access, and wood, vinyl, and tile flooring. The exterior is wood frame with shingle siding, and the property includes a two-car garage. Current performance is reflected in a 13% cap rate.
Building features include baseboard heating, a full basement with sump pump and walk-out access, and wood, vinyl, and tile flooring. The exterior is wood frame with shingle siding, and the property includes a two-car garage. Current performance is reflected in a 13% cap rate.
Key Highlights
- Four‑unit property with three three‑bedroom units and one one‑bedroom unit
- Fully occupied residential asset
- 3,564 SF building constructed in 1923
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
Explore this area
Business Placement
Demographics for 04276, ME
5,858
Population
3,584
Households
1.6
Avg Household Size
48
Median Age
19%
College-Educated
90%
High-School Grad
68.6 sq mi
ZIP Area
85
Density / Sq Mi
$39,522
Median Household Income
$31,654
Median Earnings
$638
Median Rent
$119,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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 - Fully occupied four-unit residential property with a three-bedroom and one-bedroom unit mix.
Where is this quadplex located?
The property is located at 154 Essex Avenue Rumford, ME.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Four‑unit property with three three‑bedroom units and one one‑bedroom unit; Fully occupied residential asset; 3,564 SF building constructed in 1923
