Pending

$225,000

154 Essex Avenue, Rumford, ME 04276

10beds

3,564sqft

$1,571/mo

Get pre-qualified

Multi Family

Built in 1923

-- sqft lot

$-- Zestimate^®

$63/sqft

$-- HOA

What's special

Three large three-bedroom unitsSpacious layoutsOne one-bedroom unit

Fully occupied 4-unit multifamily offering spacious layouts and exceptional in-place returns. The property features three large three-bedroom units and one one-bedroom unit, providing a highly desirable unit mix with broad tenant appeal. Currently producing a 13% cap rate, the asset delivers immediate, stable cash flow with additional upside potential through future rent growth and operational efficiencies. A rare opportunity to acquire a high-yield, fully occupied property with strong long-term investment fundamentals.

187 days
13
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard

Cooling

None

Features

Flooring: Tile, Vinyl, Wood
Basement: Interior Entry,Walk-Out Access,Full,Sump Pump

Interior area

Total structure area: 3,564
Total interior livable area: 3,564 sqft
Finished area above ground: 3,564
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Paved, 5 - 10 Spaces
Garage spaces: 2

Lot

Size: 5,227 Square Feet
Features: Near Town, Level, Sidewalks

Details

Parcel number: RUMFM112L139
Zoning: Residential

Construction

Type & style

Home type: MultiFamily
Architectural style: Dutch Colonial
Property subtype: Multi Family

Materials

Wood Frame, Asbestos
Roof: Shingle

Condition

Year built: 1923

Utilities & green energy

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

Community & HOA

Location

Region: Rumford

Financial & listing details

Price per square foot: $63/sqft
Tax assessed value: $138,000
Annual tax amount: $2,585
Date on market: 4/14/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/28/2026	Pending sale	$225,000$63/sqft
Source: Maine Listings #1652668 Report a problem
4/14/2026	Listed for sale	$225,000$63/sqft
Source: Maine Listings #1652668 Report a problem
3/6/2026	Pending sale	$225,000$63/sqft
Source: Maine Listings #1652668 Report a problem
2/25/2026	Listed for sale	$225,000$63/sqft
Source: Maine Listings #1652668 Report a problem
2/20/2026	Listing removed	$225,000$63/sqft
Source: Maine Listings #1638570 Report a problem
10/8/2025	Listed for sale	$225,000$63/sqft
Source: Maine Listings #1638570 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,294 +4.9%	$138,000 +40%
2023	$2,187	$98,600
2022	$2,187 -1.2%	$98,600
2021	$2,214 -0.6%	$98,600
2020	$2,228 +20.4%	$98,600 +62.4%
2019	$1,851 +2.5%	$60,697
2018	$1,806 +3.1%	$60,697
2017	$1,751 +3%	$60,697
2016	$1,700 +2%	$60,697
2015	$1,666 +1.8%	$60,697
2014	$1,636	$60,697