Prime Investment Opportunity - Fully Rented 2-Unit Multi-Family Property!
Discover a fantastic income-generating opportunity with this fully leased, two-unit multi-family property conveniently located near downtown Bangor and all essential amenities. Each unit features 2 spacious bedrooms and 1 full bathroom, offering comfortable living spaces for tenants.
Key features include:
✅ Steady Rental Income - Both units are occupied with leases in place
✅ New Roof (2022) - Recent upgrade for long-term peace of mind
✅ Off-Street Parking - Hassle-free parking for tenants
✅ Convenient Location - Minutes from shopping, dining, hospitals, and entertainment
✅ Great Investment Potential - Ideal for new and seasoned investors alike
With strong rental demand in the area and proximity to major conveniences, this property is a smart addition to any portfolio. Don't miss out on this turnkey investment opportunity!
📞 Contact us today for more details!
Closed
$188,000
178 Ohio Street, Bangor, ME 04401
4beds
1,648sqft
Multi Family
Built in 1900
-- sqft lot
$195,900 Zestimate®
$114/sqft
$1,836 Estimated rent
Home value
$195,900
$143,000 - $270,000
$1,836/mo
Zestimate® history
Owner options
List your home for rent
$1,836/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,836/mo
Rent Zestimate®
Refinance and save
$962/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$962/mo
Est. payment
Explore your selling options
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Off-street parking
Zillow last checked:
Listing updated:
Listed by:
NextHome Experience
Bought with:
NextHome Experience
Source: Maine Listings,MLS#: 1614347
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Bathtub
- Flooring: Laminate, Vinyl, Wood
- Basement: Interior Entry,Full,Sump Pump,Unfinished
Interior area
- Total structure area: 1,648
- Total interior livable area: 1,648 sqft
- Finished area above ground: 1,648
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces
Features
- Levels: Multi/Split
Lot
- Size: 8,712 sqft
- Features: City Lot, Near Town, Neighborhood, Rolling Slope
Details
- Parcel number: BANGM032L100
- Zoning: URD-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Farmhouse,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: On Site, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Bangor
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2025 | Sold | $188,000+5%$114/sqft |
Source:  Maine Listings #1614347 Report a problem | ||
| 5/6/2025 | Pending sale | $179,000$109/sqft |
Source:  NextHome #1614347 Report a problem | ||
| 4/24/2025 | Contingent | $179,000$109/sqft |
Source: Maine Listings #1614347 Report a problem | ||
| 2/13/2025 | Listed for sale | $179,000-12.7%$109/sqft |
Source: Maine Listings #1614347 Report a problem | ||
| 12/20/2023 | Listing removed | -- |
Source: Maine Listings #1575707 Report a problem | ||
| 11/2/2023 | Price change | $205,000-6.8%$124/sqft |
Source: Maine Listings #1575707 Report a problem | ||
| 10/24/2023 | Listed for sale | $220,000+193.3%$133/sqft |
Source: Maine Listings #1575707 Report a problem | ||
| 12/15/2022 | Sold | $75,000$46/sqft |
Source: Maine Listings #1549909 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,009 | $104,900 |
| 2023 | $2,009 +5.8% | $104,900 +12.7% |
| 2022 | $1,899 +8.3% | $93,100 +18.4% |
| 2021 | $1,753 | $78,600 |
| 2020 | $1,753 +9.2% | $78,600 +12.6% |
| 2019 | $1,605 +8.7% | $69,800 +8.6% |
| 2018 | $1,476 +0.2% | $64,300 -1.5% |
| 2017 | $1,473 -0.1% | $65,300 -0.3% |
| 2016 | $1,474 +2.5% | $65,500 |
| 2015 | $1,438 +2.3% | $65,500 +1.6% |
| 2014 | $1,406 +4.9% | $64,500 +0.2% |
| 2013 | $1,340 -7.9% | $64,400 |
| 2012 | $1,455 +15.8% | $64,400 -1.5% |
| 2011 | $1,256 -17.5% | $65,400 -18.1% |
| 2009 | $1,522 | $79,900 |
| 2008 | $1,522 +17.3% | $79,900 +19.4% |
| 2006 | $1,298 | $66,900 |
Find assessor info on the county website
Neighborhood: 04401
Nearby schools
GreatSchools rating
- 7/10Fairmount SchoolGrades: 4-5Distance: 0.6 mi
- 6/10James F. Doughty SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 1.8 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Maine
- Penobscot County
- Bangor
- 04401
- 178 Ohio Street
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