Active

$395,000

12 Grace Street, Rockland, ME 04841

4beds

1,937sqft

$2,692/mo

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Multi Family

Built in 1900

-- sqft lot

$427,500 Zestimate^®

$204/sqft

$-- HOA

What's special

Four one-bedroom residential units

Prime multifamily investment opportunity in the heart of Downtown Rockland. Ideally situated a short distance from Main Street, banks, professional offices, restaurants, shopping, and the waterfront harbor, this well-maintained property offers both convenience and long-term investment appeal. The property consists of four one-bedroom residential units and has established a strong history of occupancy, providing investors with a stable and reliable income stream. Its desirable downtown location, consistent rental demand, and proximity to Rockland's business district and harbor make this an exceptional opportunity for both seasoned and first-time investors seeking a quality income-producing asset with long-term appreciation potential. Each unit is separately metered for water, sewer and electricity. Heat consists of Rinnai heaters. Individual propane tanks for each unit.

4 days

403

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Forced Air

Cooling

None

Features

Flooring: Carpet, Vinyl, Wood
Basement: Interior Entry,Unfinished

Interior area

Total structure area: 1,937
Total interior livable area: 1,937 sqft
Finished area above ground: 1,937
Finished area below ground: 0

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Property

Parking

Parking features: Gravel, 5 - 10 Spaces, On Site

Features

Stories: 2
Patio & porch: Deck

Lot

Size: 8,712 Square Feet
Features: Business District, City Lot, Level

Details

Parcel number: ROCD000020B000000002000
Zoning: Res. A

Construction

Type & style

Home type: MultiFamily
Architectural style: Cape Cod
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Foundation: Stone, Granite
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Rockland

Financial & listing details

Price per square foot: $204/sqft
Annual tax amount: $5,010
Date on market: 7/22/2026
Road surface type: Paved

Estimated market value

$427,500

$346,000 - $526,000

$1,946/mo

Price history

Date	Event	Price
7/22/2026	Listed for sale	$395,000-12.2%$204/sqft
Source: Maine Listings #1673005 Report a problem
11/21/2025	Listing removed	$450,000$232/sqft
Source: Maine Listings #1640226 Report a problem
11/12/2025	Pending sale	$450,000$232/sqft
Source: Maine Listings #1640226 Report a problem
10/8/2025	Listed for sale	$450,000$232/sqft
Source: Maine Listings #1640226 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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