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  • $500,000

    123 Mount Hope Avenue, Bangor, ME 04401

    2beds
    3,830sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $534,900 Zestimate®
    $131/sqft
    $1,824 Estimated rent

    Home value

    $534,900

    $508,000 - $562,000

    $1,824/mo

    Zestimate® history
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    $2,560/mo

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    What's special

    Unique characterFreshly paved drivewayNew roofComfortable living spaceProfessional interior paint
    Why settle for ordinary when you can own a property packed with character, possibility and income potential all in one?! This extensively updated property offers exceptional versatility and opportunity in a highly convenient location. The property is well suited for a variety of living arrangements. Offering endless opportunities-whether you're looking to generate continuous rental income, live in one unit while renting the other, or lease both to maximize returns. Each unit provides comfortable living space with its own unique character, making it ideal for investors, multi-generational living or owner occupants seeking financial flexibility. With strong income potential and the freedom to choose how you use it. This is more than just a home-it's a smart investment. Major updates have already been completed, including new roof, updated vinyl siding, freshly paved driveway, and professional interior paint offering piece of mind for years to come. Ideally situated near schools, shopping, restaurants, and everyday amenities, the property also provides, quick access to Bangor's hospitals, local businesses, and the airport, ensuring convenience for work, travel, and daily life. *Additionally, the spacious detached garage can be rented out separately to maximize income potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    NextHome Experience

    Bought with:

    NextHome Experience

    Source: Maine Listings,MLS#: 1635273MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Baseboard, Zoned, Radiant
    Cooling
    • Wall Unit(s)
    Features
    • Flooring: Carpet, Laminate, Wood, Ceramic Tile
    • Windows: Double Pane Windows
    • Basement: Interior Entry
    Interior area
    • Total structure area: 3,830
    • Total interior livable area: 3,830 sqft
    • Finished area above ground: 2,453
    • Finished area below ground: 1,377

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    • Attached garage spaces: 4
    Features
    • Patio & porch: Deck, Porch
    Lot
    • Size: 0.71 Acres
    Details
    • Parcel number: BANGM053L097
    • Zoning: URD1

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Roof: Pitched,Shingle
    Condition
    • Year built: 1954

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Bangor

    Price history

    DateEventPrice
    4/17/2026Sold$500,000-12.1%$131/sqft
    Source: Maine Listings #1635273 Report a problem
    2/10/2026Pending sale$569,000$149/sqft
    Source: Maine Listings #1635278 Report a problem
    2/2/2026Price change$569,000-5%$149/sqft
    Source: Maine Listings #1635273 Report a problem
    12/2/2025Price change$599,000-4.8%$156/sqft
    Source: Maine Listings #1635278 Report a problem
    11/1/2025Price change$629,000-3.1%$164/sqft
    Source: Maine Listings #1635273 Report a problem
    9/29/2025Price change$649,000-13.4%$169/sqft
    Source: Maine Listings #1635273 Report a problem
    9/12/2025Price change$749,000-6.3%$196/sqft
    Source: Maine Listings #1635278 Report a problem
    8/22/2025Listed for sale$799,000+128.4%$209/sqft
    Source: Maine Listings #1635273 Report a problem
    3/17/2020Listing removed$349,900$91/sqft
    Source: NextHome Experience #1441162 Report a problem
    12/19/2019Listed for sale$349,900-2.5%$91/sqft
    Source: NextHome Experience #1441162 Report a problem
    7/10/2018Listing removed$359,000$94/sqft
    Source: Better Homes & Gardens Real Estate/The Masiello Group #1338068 Report a problem
    5/24/2018Price change$359,000-2.9%$94/sqft
    Source: Better Homes & Gardens Real Estate/The Masiello Group #1338068 Report a problem
    2/7/2018Listed for sale$369,900$97/sqft
    Source: Better Homes & Gardens Real Estate/The Masiello Group #1338068 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,712 $350,500
    2023$6,712 +7.8%$350,500 +14.9%
    2022$6,224 +5.2%$305,100 +15%
    2021$5,918 $265,400
    2020$5,918 +4.7%$265,400 +8%
    2019$5,653 +4.7%$245,800 +4.5%
    2018$5,398 +4.9%$235,200 +3.1%
    2017$5,146 +2%$228,200 +1.8%
    2016$5,045 +1.2%$224,200 -1.3%
    2015$4,987 +1.1%$227,200 +0.4%
    2014$4,933 +1.4%$226,300 -3.3%
    2013$4,867 -8.8%$234,000 -0.9%
    2012$5,338 +17.7%$236,200
    2011$4,535 +2.6%$236,200 +1.8%
    2009$4,420 $232,000
    2008$4,420 +8.2%$232,000 +10.2%
    2006$4,084 $210,500

    Find assessor info on the county website

    Neighborhood: 04401

    Nearby schools

    GreatSchools rating
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