Fully Occupied
For Sale
Contact for pricing
Pending
688 Prospect Ave, Rumford, ME 04276
Two leased residential units offer an occupied income-producing configuration in a historic multifamily property.
Property Size1,685 SF
Days on Market341
Property Features for 688 Prospect Ave
General Information
Standard status
Pending
Size
1,685 SF
Class
C
Property subtype
Multifamily
Zoning
Residential
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
1890
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Elevate Maine Realty - Tyler Stewart
(207) 213-7644
Listed By:
Tyler Stewart · License #BA927955
Source:
Crexi
Added: Sep 25, 2025
Changed: Aug 30
Last Checked: Aug 30 at 7:34PM
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 - Tyler Stewart
Investment Insights
Based on property information with market context.
This residential duplex contains two leased units within a 1,685-square-foot property built in 1890. Both units are currently occupied, providing an established tenant profile for an investor evaluating a small multifamily asset.
The property is located at 688 Prospect Ave in Rumford, Maine, and is identified with Residential zoning. Existing leases and the two-unit configuration provide the primary operating facts for review.
The property is located at 688 Prospect Ave in Rumford, Maine, and is identified with Residential zoning. Existing leases and the two-unit configuration provide the primary operating facts for review.
Key Highlights
- Both units are leased and currently occupied
- 1,685‑square‑foot duplex
- Built in 1890
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
39
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased residential units offer an occupied income-producing configuration in a historic multifamily property.
Where is this duplex located?
The property is located at 688 Prospect Ave Rumford, ME.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Both units are leased and currently occupied; 1,685‑square‑foot duplex; Built in 1890
