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  • $255,000

    15 Grace Court, Bangor, ME 04401

    3beds
    1,144sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $256,100 Zestimate®
    $223/sqft
    $1,209 Estimated rent

    Home value

    $256,100

    $164,000 - $400,000

    $1,209/mo

    Zestimate® history
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    $1,739/mo

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    What's special

    See child listing as single family residence: 1671323 Unlock substantial value with this versatile 3-unit multi-family property located in the heart of Bangor. Whether you are looking for a savvy owner-occupied residence to offset your mortgage or a turnkey addition to your investment portfolio, this property offers strong economic potential in a high-demand rental market. Unit Composition: 3 residential units totaling 3 bedrooms and 3 full baths. The owner chose not to fill 3rd unit for listing, but has had all 3 units filled and had interest in the current unit. At 700 USD per unit, leases are currently below market value and generate roughly ~25000 USD, gross, per year. Turnkey Portfolio Addition: Benefit from established rental history and the opportunity to optimize the 3rd unit for maximum economic performance. Expenses for 2025 were 6,787.63 USD (natural gas for heat and hot water for all tenants, the building share of water/sewer/electric, insurance and property taxes)--NOI of over 18000! Owner-Occupied Advantage: Use the rental income from two units to significantly offset your mortgage while building equity in a competitive Maine market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Realty of Maine

    Bought with:

    NextHome Experience

    Source: Maine Listings,MLS#: 1662790MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • 1st Floor Bedroom
    • Flooring: Carpet, Laminate, Vinyl, Linoleum
    • Basement: Interior Entry,Full,Sump Pump,Unfinished
    Interior area
    • Total structure area: 1,144
    • Total interior livable area: 1,144 sqft
    • Finished area above ground: 1,144
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, 1 - 4 Spaces
    Accessibility
    • Accessibility features: 32 - 36 Inch Doors
    Features
    • Levels: Multi/Split
    • Patio & porch: Deck, Porch
    Lot
    • Size: 3,049 Square Feet
    • Features: Near Shopping, Near Town, Shopping Mall, Rolling Slope
    Details
    • Parcel number: BANGM030L038
    • Zoning: URD-1
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander,Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Stone, Poured Concrete, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: On Site, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: 90% Efficient Furnace, Ceiling Fans

    Community & HOA

    Location
    • Region: Bangor

    Financial & listing details

    • Price per square foot: $223/sqft
    • Tax assessed value: $124,500
    • Annual tax amount: $2,669
    • Date on market: 5/19/2026
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/24/2026Listing removed$249,900$218/sqft
    Source: Maine Listings #1671323 Report a problem
    8/24/2026Pending sale$249,900-2%$218/sqft
    Source: Maine Listings #1662790 Report a problem
    8/13/2026Sold$255,000+2%$223/sqft
    Source: Maine Listings #1662790 Report a problem
    7/16/2026Contingent$249,900$218/sqft
    Source: Maine Listings #1671323 Report a problem
    5/19/2026Listed for sale$249,900$218/sqft
    Source: Maine Listings #1662790 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,384 $124,500
    2023$2,384 +8.9%$124,500 +16%
    2022$2,189 -0.2%$107,300 +9%
    2021$2,194 $98,400
    2020$2,194 +9.4%$98,400 +12.8%
    2019$2,006 +5.7%$87,200 +5.4%
    2018$1,898 +2.5%$82,700 +0.7%
    2017$1,851 +2%$82,100 +1.9%
    2016$1,814 +2.5%$80,600
    2015$1,769 +2.1%$80,600 +1.4%
    2014$1,733 +4.8%$79,500
    2013$1,654 -13%$79,500 -5.5%
    2012$1,901 +17.7%$84,100
    2011$1,615 -4.7%$84,100 -5.5%
    2009$1,695 $89,000
    2008$1,695 +10.7%$89,000 +12.8%
    2006$1,531 $78,900
    Find assessor info on the county website

    Neighborhood: 04401

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $256,100
    2% more
    +$5,122
    With Zillow Showcase(estimated)
    $261,222
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $256,100
    2% more
    +$5,122
    With Zillow Showcase(estimated)
    $261,222