A rare and impressive opportunity to own an 8-unit multi-family in the historic heart of Bangor, offering strong upside for either an investor or future owner-occupant. This stately brick property features a well-balanced unit mix — five 1-bedroom units, one 2-bedroom unit, and two expansive 3-bedroom penthouse-style apartments — providing excellent versatility and strong market demand across multiple rental demographics.
Inside, the building showcases a thoughtful combination of preserved period details and modern enhancements. Original woodwork and architectural character remain intact, complemented by beautifully updated interiors. Each unit features granite-appointed kitchens with stainless-steel appliances, custom-tiled baths with quality finishes, solid oak flooring, and newer windows, creating a warm and refined living environment that sets the building apart from typical rental stock.
Behind the scenes, all major building systems have been responsibly upgraded — including new plumbing throughout, a complete electrical overhaul with upgraded service entrance, and a full roof system replacement in 2019. Additionally, extensive repointing of the brick exterior enhances structural longevity and curb appeal. The property also offers a generous off-street parking area to the rear of the building, accommodating all units — a significant advantage in an in-town location.
With 100% occupancy, long-term responsible tenants, and a very strong rental history, this building represents a stable and turnkey addition to any real estate portfolio. Its proximity to downtown Bangor provides walkable access to shops, restaurants, entertainment, public transportation, and employment centers — supporting ongoing tenant retention and future rental rate potential.
This property truly delivers the best of both worlds: architectural charm and durability, coupled with modern amenities and secure income performance. Rent roll and financials available upon request.
Active
$1,279,900
72-74 Third Street, Bangor, ME 04401
13beds
12,418sqft
Multi Family
Built in 1880
-- sqft lot
$1,219,600 Zestimate®
$103/sqft
$-- HOA
What's special
Modern enhancementsStately brick propertyModern amenitiesStainless-steel appliancesPreserved period detailsSolid oak flooringNewer windows
- 14 days |
- 301 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Realty of Maine
Source: Maine Listings,MLS#: 1644615
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard, Heat Pump, Hot Water
Cooling
- Heat Pump
Appliances
- Laundry: Laundry - Coin
Features
- 1st Floor Bedroom, Shower
- Flooring: Tile, Vinyl, Wood
- Basement: Exterior Entry,Walk-Out Access,Finished,Full
- Number of fireplaces: 3
Interior area
- Total structure area: 12,418
- Total interior livable area: 12,418 sqft
- Finished area above ground: 10,758
- Finished area below ground: 1,660
Property
Parking
- Parking features: Common, Gravel, 5 - 10 Spaces, On Site, Off Street
Features
- Levels: Multi/Split
- Stories: 3
Lot
- Size: 9,147 Square Feet
- Features: City Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Open Lot
Details
- Parcel number: 7274ThirdSTBangor34209
- Zoning: 14 Urban Res Dist 2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Stone, Brick
- Roof: Fiberglass,Shingle,Tar/Gravel
Condition
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On, Pole
Community & HOA
Location
- Region: Bangor
Financial & listing details
- Price per square foot: $103/sqft
- Annual tax amount: $8,080
- Date on market: 6/15/2026
- Road surface type: Paved
Estimated market value
$1,219,600
$1.16M - $1.28M
$1,472/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for sale | $1,279,900$103/sqft |
Source: | ||
| 6/2/2026 | Listing removed | $1,279,900$103/sqft |
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| 5/21/2026 | Price change | $1,279,900-0.8%$103/sqft |
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| 12/2/2025 | Listed for sale | $1,289,900+12.3%$104/sqft |
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| 12/6/2024 | Sold | $1,149,000-8%$93/sqft |
Source: | ||
| 9/25/2024 | Pending sale | $1,249,000$101/sqft |
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| 9/12/2024 | Price change | $1,249,000-3.1%$101/sqft |
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| 7/16/2024 | Listed for sale | $1,289,000$104/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04401
Nearby schools
GreatSchools rating
- 8/10Vine Street SchoolGrades: PK-3Distance: 0.4 mi
- 6/10James F. Doughty SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 2.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Penobscot County
- Bangor
- 04401
- 72-74 Third Street



