Fully occupied duplex in Rumford offering two 2-bedroom units with strong rental income. Currently producing a 10.5% cap rate, this turnkey property with a new roof in 2025 provides consistent cash flow and is an excellent addition to any investment portfolio.
Pending
$125,000
429 Penobscot Street, Rumford, ME 04276
4beds
2,012sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$62/sqft
$-- HOA
What's special
New roof
- 188 days
- 12
- 0
Zillow last checked:
Listing updated:
Listed by:
Elevate Maine Realty
Source: Maine Listings,MLS#: 1652672
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Tile, Vinyl, Wood
- Basement: Interior Entry,Unfinished
Interior area
- Total structure area: 2,012
- Total interior livable area: 2,012 sqft
- Finished area above ground: 2,012
- Finished area below ground: 0
Property
Parking
- Parking features: Common, 1 - 4 Spaces
Lot
- Size: 6,098 Square Feet
- Features: Near Town, Rolling Slope
Details
- Parcel number: RUMFM112L211
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Asbestos
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Rumford
Financial & listing details
- Price per square foot: $62/sqft
- Tax assessed value: $81,500
- Annual tax amount: $1,526
- Date on market: 4/14/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Pending sale | $125,000$62/sqft |
Source:  Maine Listings #1652672 Report a problem | ||
| 4/14/2026 | Listed for sale | $125,000$62/sqft |
Source: Maine Listings #1652672 Report a problem | ||
| 3/6/2026 | Pending sale | $125,000$62/sqft |
Source: Maine Listings #1652672 Report a problem | ||
| 2/25/2026 | Listed for sale | $125,000$62/sqft |
Source: Maine Listings #1652672 Report a problem | ||
| 2/20/2026 | Listing removed | $125,000$62/sqft |
Source: Maine Listings #1638872 Report a problem | ||
| 9/25/2025 | Listed for sale | $125,000+598.3%$62/sqft |
Source: Maine Listings #1638872 Report a problem | ||
| 4/12/2012 | Sold | $17,900$9/sqft |
Source: Maine Listings #1042383 Report a problem | ||
| 3/22/2012 | Price change | $17,900-28.1%$9/sqft |
Source: Homepath #1042383 Report a problem | ||
| 2/21/2012 | Price change | $24,900-70.4%$12/sqft |
Source: Homepath #1042383 Report a problem | ||
| 2/19/2012 | Listed for sale | -- |
Source: Homepath #1042383 Report a problem | ||
| 4/4/2011 | Sold | $84,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,355 +5% | $81,500 +40% |
| 2023 | $1,291 | $58,200 |
| 2022 | $1,291 -1.2% | $58,200 |
| 2021 | $1,307 -0.6% | $58,200 |
| 2020 | $1,315 -12.3% | $58,200 +18.4% |
| 2019 | $1,499 +2.5% | $49,140 |
| 2018 | $1,462 +3.1% | $49,140 |
| 2017 | $1,418 +3.1% | $49,140 |
| 2016 | $1,376 +2% | $49,140 |
| 2015 | $1,349 +1.9% | $49,140 |
| 2014 | $1,324 +12.3% | $49,140 |
| 2013 | $1,179 -1.1% | $49,140 |
| 2012 | $1,192 +7.8% | $49,140 |
| 2011 | $1,106 | $49,140 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 04276
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