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  • $405,000

    114 &116.5 Elm Street, Bangor, ME 04401

    8beds
    3,442sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $413,600 Zestimate®
    $118/sqft
    $1,714 Estimated rent

    Home value

    $413,600

    $302,000 - $567,000

    $1,714/mo

    Zestimate® history
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    Owner options

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    $1,714/mo

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    $1,714/mo

    Rent Zestimate®

    Refinance and save

    $2,073/mo

    Est. payment

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    $2,073/mo

    Est. payment

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    What's special

    Don't miss your chance to own two properties on one lot in one of Bangor's most desirable neighborhoods. This unique package features four total units, providing instant scale for your portfolio. Located in the sought-after Tree Street District, the properties are surrounded by a vibrant, walkable community with strong rental demand. Three of the four units are already rented long-term, delivering immediate cash flow and stability from day one. With one unit available for an owner-occupant or new tenant, you have flexibility to maximize returns. The Tree Street area's reputation for charm and convenience ensures ongoing demand, making vacancies rare and rent growth steady. Opportunities like this rarely come on the market — especially with multiple units on a single lot in such a prime location. Whether you're looking to expand your existing holdings or make a smart entry into Bangor's multifamily market, this property checks all the boxes: location, cash flow, and future appreciation potential. Property is Broker Owned.

    Zillow last checked:

    Listing updated:

    Listed by:

    NextHome Experience

    Bought with:

    Realty of Maine

    Source: Maine Listings,MLS#: 1636637MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • Flooring: Carpet, Tile, Vinyl, Wood
    • Basement: Interior Entry
    Interior area
    • Total structure area: 3,442
    • Total interior livable area: 3,442 sqft
    • Finished area above ground: 3,442
    • Finished area below ground: 0

    Property

    Lot
    • Size: 6,534 Square Feet
    Details
    • Zoning: URD1

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial,Other
    • Property subtype: Multi Family
    Materials
    • Roof: Metal,Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Bangor

    Financial & listing details

    • Price per square foot: $118/sqft
    • Annual tax amount: $7,572
    • Date on market: 10/10/2025

    Price history

    DateEventPrice
    12/15/2025Sold$405,000-3.6%$118/sqft
    Source: Maine Listings #1636637 Report a problem
    10/20/2025Pending sale$420,000$122/sqft
    Source: Maine Listings #1636637 Report a problem
    10/10/2025Listed for sale$420,000$122/sqft
    Source: Maine Listings #1636637 Report a problem
    9/26/2025Pending sale$420,000$122/sqft
    Source: Maine Listings #1636637 Report a problem
    9/24/2025Listed for sale$420,000$122/sqft
    Source: Maine Listings #1636637 Report a problem
    9/12/2025Pending sale$420,000$122/sqft
    Source: Maine Listings #1636637 Report a problem
    9/6/2025Listed for sale$420,000+31.3%$122/sqft
    Source: Maine Listings #1636637 Report a problem
    1/7/2022Sold$320,000+8.5%$93/sqft
    Source: Maine Listings #1515632 Report a problem
    12/6/2021Pending sale$294,900$86/sqft
    Source: Maine Listings #1515632 Report a problem
    11/30/2021Listed for sale$294,900$86/sqft
    Source: Maine Listings #1515632 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 04401

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.