Renovated 11-Unit Apartment
For Sale
$1,500,020
85 Union Street, Rockland, ME 04841
Multi-Family, Rockland, ME
Property Size11,820 SF
Lot Size0.26 Acres
Price / SF$126.91
Days on Market142
Property Features for 85 Union Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
11
Full bathrooms
11
Rooms
Bathroom 5, Basement, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 7, Bathroom 9, Bathroom 11, Bathroom 3, Bathroom 6, Bathroom 10, Bathroom 8
Basement
Unfinished
Lot features
Open, Near Shopping, Near Town
Standard status
Active
Size
11,820 SF
Lot size
0.26 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16393
Utilities
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Building Details
Year built
1880
Number of units
11
Flooring type
Wood
Building materials
Wood Frame, Vinyl Siding
Buildings
1
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Edward Baldacci · License #BA930083
(207) 939-2969
Added: Jun 18
Changed: Oct 27
Last Checked: Nov 6 at 12:06PM
MLS# 1667188
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 11-unit apartment building at 85 Union Street contains seven one-bedroom apartments and four two-bedroom apartments within 11,820 square feet. The property occupies 0.26 acres and was built in 1880. Renovated units, wood flooring, vinyl siding, central air, and natural gas hot-water heating are among the documented improvements and features.
The building is in Rockland, near downtown waterfront areas, restaurants, retail destinations, employment centers, healthcare services, and major employers. The property is also described as part of a nearby three-building, 27-unit multifamily portfolio, with the option to acquire the individual building or pursue the larger offering. Current rents are in place, and the unit mix includes both one-bedroom and two-bedroom layouts.
The building is in Rockland, near downtown waterfront areas, restaurants, retail destinations, employment centers, healthcare services, and major employers. The property is also described as part of a nearby three-building, 27-unit multifamily portfolio, with the option to acquire the individual building or pursue the larger offering. Current rents are in place, and the unit mix includes both one-bedroom and two-bedroom layouts.
Key Highlights
- 11‑unit apartment building with seven one‑bedroom units and four two‑bedroom units
- 11,820 square feet on 0.26 acres
- Renovated apartment units with wood flooring
Property Analytics
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Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
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Business Placement
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
Frequently Asked Questions
What type of property is this?
Apartment building - Wood-frame property with central air, natural gas heat, and wood flooring.
Where is this apartment building located?
The property is located at 85 Union Street Rockland, ME.
What is the asking price?
The asking price for this property is $1,500,020.
What are key features of this property?
This property features: 11‑unit apartment building with seven one‑bedroom units and four two‑bedroom units; 11,820 square feet on 0.26 acres; Renovated apartment units with wood flooring
