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
$1,222,200 Zestimate®
$103/sqft
$-- HOA
What's special
Modern enhancementsStately brick propertyModern amenitiesStainless-steel appliancesPreserved period detailsSolid oak flooringNewer windows
- 109 days
- 388
- 8
Zillow last checked:
Listing updated:
Listed by:
Realty of Maine
Source: Maine Listings,MLS#: 1644615
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, 1st Floor Primary Bedroom w/Bath, 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
Community & HOA
Location
- Region: Bangor
Financial & listing details
- Price per square foot: $103/sqft
- Annual tax amount: $8,080
- Date on market: 8/3/2026
- Road surface type: Paved
Estimated market value
$1,222,200
$1.16M - $1.28M
$1,385/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 |
Source: | ||
| 5/21/2026 | Price change | $1,279,900-0.8%$103/sqft |
Source: | ||
| 12/2/2025 | Listed for sale | $1,289,900+12.3%$104/sqft |
Source: | ||
| 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 |
Source: | ||
| 7/16/2024 | Listed for sale | $1,289,000$104/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment



