Well-maintained tri-plex multi-family property offering a strong rental history and lasting investment value. The building features two 2-bedroom, 1-bath units and one 1 - bedroom, one bath unit, all with a functional layout and broad tenant appeal.
Ideally located just a short distance from Main Street, the property provides tenants with convenient access to banks, restaurants, shops, and Rockland Harbor Its central setting offers an ideal balance of residential comfort and urban accessibility.
With a proven rental record, desirable unit mix, and close proximity to Rockland's downtown amenities, this property presents an excellent opportunity for investors seeking portfolio growth or owner-occupants looking to offset expenses with rental income.
The year the building was built is believed to be in 1926 not in 1826 as reported on the Tax Assessors card.
Pending
Price cut: $15K (5/26)
$435,000
12 Gay Street, Rockland, ME 04841
5beds
2,287sqft
Multi Family
Built in 1926
-- sqft lot
$404,900 Zestimate®
$190/sqft
$-- HOA
What's special
Functional layout
- 274 days |
- 181 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
SVN The Masiello Group
Source: Maine Listings,MLS#: 1640225
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Forced Air
Cooling
- None
Features
- Flooring: Carpet, Vinyl, Wood
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 2,287
- Total interior livable area: 2,287 sqft
- Finished area above ground: 2,287
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces
Lot
- Size: 8,712 Square Feet
- Features: Business District, Level
Details
- Parcel number: ROCDM023CL01000
- Zoning: Res. A
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Federal
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1926
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Rockland
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $198,300
- Annual tax amount: $5,302
- Date on market: 10/8/2025
- Road surface type: Paved
Estimated market value
$404,900
$385,000 - $425,000
$1,861/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2026 | Pending sale | $435,000$190/sqft |
Source:  Maine Listings #1640225 Report a problem | ||
| 5/26/2026 | Price change | $435,000-3.3%$190/sqft |
Source: Maine Listings #1640225 Report a problem | ||
| 4/15/2026 | Listed for sale | $450,000$197/sqft |
Source: Maine Listings #1640225 Report a problem | ||
| 2/21/2026 | Contingent | $450,000$197/sqft |
Source: Maine Listings #1640225 Report a problem | ||
| 11/12/2025 | Price change | $450,000-6.3%$197/sqft |
Source: Maine Listings #1640225 Report a problem | ||
| 10/8/2025 | Listed for sale | $480,000$210/sqft |
Source: Maine Listings #1640225 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,854 +0.9% | $198,300 |
| 2023 | $4,813 | $198,300 |
| 2022 | $4,813 +5.6% | $198,300 -1.6% |
| 2020 | $4,556 -1.5% | $201,600 +7.9% |
| 2019 | $4,625 +6% | $186,800 -1.2% |
| 2018 | $4,362 +4.1% | $189,000 +0.5% |
| 2017 | $4,189 +2.6% | $188,000 |
| 2016 | $4,083 +2.4% | $188,000 |
| 2015 | $3,986 +5.2% | $188,000 |
| 2014 | $3,790 +3.3% | $188,000 |
| 2013 | $3,670 +3.9% | $188,000 |
| 2011 | $3,531 +6.1% | $188,000 -2.8% |
| 2009 | $3,328 -2.3% | $193,500 |
| 2008 | $3,406 -7.3% | $193,500 -7.9% |
| 2006 | $3,675 | $210,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04841
Nearby schools
GreatSchools rating
- 5/10South SchoolGrades: PK-5Distance: 1.1 mi
- 6/10Oceanside Middle SchoolGrades: 6-8Distance: 4.3 mi
- 3/10Oceanside High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Knox County
- Rockland
- 04841
- 12 Gay Street
Nearby cities
Nearby zip codes
Other Rockland Topics
