Spectacular 4-unit multi-family property, ideally located near NL EMMC and St. Joseph's hospitals. This well-maintained building offers high-end rental potential with a mix of furnished and unfurnished units, perfect for Airbnb, traveling nurses, or long-term tenants. A prime investment opportunity with excellent cash flow and strong return potential!
Unit 1 (First Floor): Spacious 3 BR, 1 BA with a private laundry room and granite countertops.
Unit 2 (Second Floor): 2 BR, 1.5 BA, unfurnished.
Units 3 & 4 (Third Floor): Each is a 1 BR, 1 BA unit, fully furnished and move-in ready.
Investment Highlights:
✔ High-income potential with a mix of short- and long-term rental options.
✔ Units 1, 3, and 4 are fully furnished—furnishings negotiable.
✔ Shared coin-operated laundry for Units 2, 3, and 4.
✔ Beautiful hardwood floors throughout most of the building.
✔ Two separate natural gas boilers & designated electric meters.
✔ Prime location within walking distance to downtown restaurants, theater, shopping, and both hospitals.
A fantastic opportunity to own a turn-key, income-generating property in a thriving rental market! Schedule your showing today! This will not last long on the market!
Closed
$525,000
87 Cumberland Street, Bangor, ME 04401
7beds
3,996sqft
Multi Family
Built in 1900
-- sqft lot
$552,200 Zestimate®
$131/sqft
$-- Estimated rent
Home value
$552,200
$464,000 - $668,000
Not available
Zestimate® history
Owner options
List your home for rent
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Refinance and save
$2,688/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,688/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Realty of Maine
Bought with:
Realty of Maine
Source: Maine Listings,MLS#: 1613996
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Baseboard, Hot Water, Radiator
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Vinyl, Wood
- Windows: Double Pane Windows
- Basement: Interior Entry
- Number of fireplaces: 3
- Furnished: Yes
Interior area
- Total structure area: 3,996
- Total interior livable area: 3,996 sqft
- Finished area above ground: 3,996
- Finished area below ground: 0
Property
Features
- Levels: Multi/Split
- Stories: 3
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: BANGM040L130
- Zoning: URD-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Roof: Flat,Other
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Bangor
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $214,200
- Annual tax amount: $5,068
- Date on market: 2/6/2025
- Exclusions: None
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Listing removed | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/28/2026 | Listed for rent | $2,000-11.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/25/2025 | Listing removed | $2,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/1/2025 | Price change | $2,250-10%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/28/2025 | Listed for rent | $2,500+56.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2025 | Pending sale | $525,000$131/sqft |
Source: | ||
| 3/21/2025 | Sold | $525,000$131/sqft |
Source: | ||
| 3/13/2025 | Listing removed | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 2/7/2025 | Contingent | $525,000$131/sqft |
Source: | ||
| 2/6/2025 | Listed for sale | $525,000$131/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,102 | $214,200 |
| 2023 | $4,102 +13.3% | $214,200 +20.7% |
| 2022 | $3,621 +4% | $177,500 +13.6% |
| 2021 | $3,483 | $156,200 |
| 2020 | $3,483 +28.6% | $156,200 +32.6% |
| 2019 | $2,709 +8.3% | $117,800 +8.1% |
| 2018 | $2,502 +2.5% | $109,000 +0.6% |
| 2017 | $2,442 +2.5% | $108,300 +2.3% |
| 2016 | $2,383 +2.5% | $105,900 |
| 2015 | $2,325 +4.9% | $105,900 +4.1% |
| 2014 | $2,217 +4.8% | $101,700 |
| 2013 | $2,115 -8% | $101,700 |
| 2012 | $2,298 +0.3% | $101,700 -14.8% |
| 2011 | $2,292 -22.4% | $119,400 -23% |
| 2009 | $2,953 | $155,000 |
| 2008 | $2,953 +4.3% | $155,000 +6.2% |
| 2006 | $2,830 | $145,900 |
Find assessor info on the county website
Neighborhood: 04401
Nearby homes
- $1,5002 bd2 ba862 sqft87 Cumberland St #2, Bangor, ME 04401For Rent

- $--1 bd1 ba746 sqft87 Cumberland St APT 3, Bangor, ME 04401Off Market

- $--3 bd1 ba1.3k sqft87 Cumberland St APT 1, Bangor, ME 04401Off Market

- $--1 bd1 ba664 sqft87 Cumberland St #4, Bangor, ME 04401Off Market

- $--2 bd1 ba1.3k sqft85 Cumberland St #1, Bangor, ME 04401Off Market
- $--2 bd1 ba1.3k sqft85 Cumberland St #2, Bangor, ME 04401Off Market
- $327,500-- bd-- ba2.7k sqft85 Cumberland St, Bangor, ME 04401Off Market
- $233,8003 bd2 ba1.7k sqft89 Cumberland St, Bangor, ME 04401Off Market
Nearby schools
GreatSchools rating
- 10/10Abraham Lincoln SchoolGrades: PK-3Distance: 0.4 mi
- 9/10William S. Cohen SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 1.8 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$552,200
2% more
+$11,044
With Zillow Showcase(estimated)
$563,244
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$552,200
2% more
+$11,044
With Zillow Showcase(estimated)
$563,244
- Maine
- Penobscot County
- Bangor
- 04401
- 87 Cumberland Street