Rare opportunity to own a well-maintained 3-unit property in the heart of Bangor. This versatile investment has been meticulously cared for and offers excellent income potential for both investors and owner-occupants. The first-floor unit in the main home features a spacious two-bedroom layout with a large living room, generously sized kitchen with dishwasher, hardwood floors in the dining room, and a convenient mudroom. The second-floor unit offers a comfortable one-bedroom layout with a kitchen, living room, porch, and newer vinyl flooring. A third one-bedroom unit is also located on the second floor, providing additional rental income. The property also offers the potential to create an additional unit if desired, subject to any required municipal approvals, further enhancing its investment potential. Additional features include a shared washer and dryer, efficient natural gas boiler, and two driveways providing ample off-street parking. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this property presents an outstanding opportunity in a convenient Bangor location.
Active
Price cut: $19.9K (7/21)
$450,000
83 Essex Street, Bangor, ME 04401
4beds
2,806sqft
:
Get pre-qualified$3,072/mo
Multi Family
Built in 1875
-- sqft lot
$439,500 Zestimate®
$160/sqft
$-- HOA
What's special
Newer vinyl flooringConvenient mudroomComfortable one-bedroom layoutSpacious two-bedroom layoutShared washer and dryer
- 54 days |
- 508 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Realty of Maine
Source: Maine Listings,MLS#: 1667500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Zoned
Cooling
- None
Appliances
- Laundry: Laundry - Coin
Features
- 1st Floor Bedroom
- Flooring: Carpet, Vinyl, Hardwood
- Basement: Exterior Entry,Full,Unfinished
Interior area
- Total structure area: 2,806
- Total interior livable area: 2,806 sqft
- Finished area above ground: 2,806
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 5 - 10 Spaces, On Site
Features
- Patio & porch: Deck, Glassed-in Porch, Porch
Lot
- Size: 9,583 Square Feet
- Features: City Lot, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Level, Sidewalks
Details
- Parcel number: BANGM048L217
- Zoning: 14 Urban Res Dist 2
- Other equipment: Cable
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Brick, Clapboard
- Foundation: Poured Concrete, Brick/Mortar
- Roof: Slate
Condition
- Year built: 1875
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Bangor
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $272,000
- Annual tax amount: $5,694
- Date on market: 6/16/2026
- Road surface type: Paved
Estimated market value
$439,500
$418,000 - $461,000
$1,896/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Price change | $450,000-4.2%$160/sqft |
Source:  Maine Listings #1667500 Report a problem | ||
| 6/16/2026 | Listed for sale | $469,900$167/sqft |
Source: Maine Listings #1667500 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,209 | $272,000 |
| 2023 | $5,209 +9.9% | $272,000 +17% |
| 2022 | $4,741 +0.3% | $232,400 +9.7% |
| 2021 | $4,725 | $211,900 |
| 2020 | $4,725 +4.9% | $211,900 +8.2% |
| 2019 | $4,506 +8.1% | $195,900 +7.8% |
| 2018 | $4,170 +3.4% | $181,700 +1.6% |
| 2017 | $4,034 +2.3% | $178,900 +2.1% |
| 2016 | $3,944 +2.5% | $175,300 |
| 2015 | $3,848 +3.3% | $175,300 +2.6% |
| 2014 | $3,726 +4.8% | $170,900 |
| 2013 | $3,555 -7.9% | $170,900 |
| 2012 | $3,862 +17.7% | $170,900 |
| 2011 | $3,281 -2.9% | $170,900 -3.7% |
| 2009 | $3,379 -13.2% | $177,400 -13.2% |
| 2008 | $3,892 +8.4% | $204,300 +10.4% |
| 2006 | $3,589 | $185,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 04401
Nearby schools
GreatSchools rating
- 10/10Abraham Lincoln SchoolGrades: PK-3Distance: 0.2 mi
- 9/10William S. Cohen SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 2.1 mi
- $--1 bd1 ba350 sqft83 Essex St #1B, Bangor, ME 04401Off Market
- $--1 bd1 ba-- sqft83 Essex Street #FL 2ND, Bangor, ME 04401Off Market
- $--1 bd1 ba600 sqft83 Essex St #2, Bangor, ME 04401Off Market
- $130,0002 bd1 ba1.4k sqft89 Essex St, Bangor, ME 04401Sold
- $665,900-- bd-- ba5.2k sqft77 Essex St, Bangor, ME 04401Off Market
- $14,300-- bd-- ba-- sqft5 Grove St, Bangor, ME 04401Off Market
- $421,9007 bd5 ba3.7k sqft95 Essex St, Bangor, ME 04401Off Market
- $370,1003 bd2 ba3k sqft16 Grove St, Bangor, ME 04401Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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