Active

$285,000

232 Franklin Street, Rumford, ME 04276

9beds

3,654sqft

$2,107/mo

Get pre-qualified

Multi Family

Built in 1915

-- sqft lot

$269,400 Zestimate^®

$78/sqft

$-- HOA

What's special

Nice yardOff street parking

Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this opportunity is worth exploring. This well maintained property features 3 spacious 3-bedroom apartments with many updates already completed. A detached 3 bay garage provides valuable off street parking for tenants or the potential for additional rental income and storage opportunities. Outside, the property features a nice yard, providing space for tenants or owners to relax, entertain, or enjoy the outdoors. With strong income potential and flexibility for both investors and owner occupants, this property is a smart addition to any real estate portfolio.

76 days
67
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard, Hot Water, Zoned

Cooling

None

Features

Flooring: Vinyl, Hardwood
Basement: Bulkhead,Full,Unfinished

Interior area

Total structure area: 3,654
Total interior livable area: 3,654 sqft
Finished area above ground: 3,654
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Paved, 1 - 4 Spaces, Off Street, Detached
Garage spaces: 3

Features

Levels: Multi/Split

Lot

Size: 0.25 Acres
Features: City Lot, Near Country Club, Near Golf Course, Near Shopping, Ski Resort, Level, Open Lot, Sidewalks

Details

Parcel number: RUMFM117L104
Zoning: Residential

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Foundation: Stone
Roof: Shingle

Condition

Year built: 1915

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Rumford

Financial & listing details

Price per square foot: $78/sqft
Tax assessed value: $171,900
Annual tax amount: $3,220
Date on market: 7/28/2026
Road surface type: Paved

Estimated market value

$269,400

$256,000 - $283,000

$2,088/mo

Price history

Date	Event	Price
7/28/2026	Listed for sale	$285,000+83.9%$78/sqft
Source: Maine Listings #1673795 Report a problem
7/15/2022	Sold	$155,000$42/sqft
Source: Maine Listings #1517824 Report a problem
3/23/2022	Pending sale	$155,000$42/sqft
Source: Maine Listings #1517824 Report a problem
3/16/2022	Listed for sale	$155,000$42/sqft
Source: Maine Listings #1517824 Report a problem
1/17/2022	Pending sale	$155,000$42/sqft
Source: Maine Listings #1517824 Report a problem
1/12/2022	Listed for sale	$155,000+158.3%$42/sqft
Source: Maine Listings #1517824 Report a problem
3/14/2014	Sold	$60,000$16/sqft
Source: Maine Listings #1032629 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,857 +4.9%	$171,900 +40%
2023	$2,724	$122,800
2022	$2,724 -1.2%	$122,800
2021	$2,757 -0.6%	$122,800
2020	$2,775 +20.6%	$122,800 +62.8%
2019	$2,301 +2.5%	$75,440
2018	$2,244 +3.1%	$75,440
2017	$2,176 +3%	$75,440
2016	$2,112 +2%	$75,440
2015	$2,071 +1.9%	$75,440
2014	$2,033	$75,440
2005	--	$75,440