15 Grace Ct

Bangor ME 04401

1144 sq. ft.

3049.2 sq. ft.

Multi-Family

Last sold for $255,000

Zachary Arnold, last sold this property on 13 August 2026 after -21 days on market.

Overview

See child listing as single family residence: 1671323 Unlock substantial value with this versatile 3-unit multi-family property located in the heart of Bangor. Whether you are looking for a savvy owner-occupied residence to offset your mortgage or a turnkey addition to your investment portfolio, this property offers strong economic potential in a high-demand rental market. Unit Composition: 3 residential units totaling 3 bedrooms and 3 full baths. The owner chose not to fill 3rd unit for listing, but has had all 3 units filled and had interest in the current unit. At 700 USD per unit, leases are currently below market value and generate roughly ~25000 USD, gross, per year. Turnkey Portfolio Addition: Benefit from established rental history and the opportunity to optimize the 3rd unit for maximum economic performance. Expenses for 2025 were 6,787.63 USD (natural gas for heat and hot water for all tenants, the building share of water/sewer/electric, insurance and property taxes)--NOI of over 18000! Owner-Occupied Advantage: Use the rental income from two units to significantly offset your mortgage while building equity in a competitive Maine market.

Features

3 bathrooms

1144 sq. ft. floor area

3049.2 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Bangor over the last 12 months, the estimated median property value of 15 Grace Ct is $334k.

Median value

$334k

Estimated value range

$170k - $1.02m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Bangor. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 15 Grace Ct

2026

Sold

$255,000

13 Aug 2026 by Zachary Arnold, of Jack Walker Realtor?

Happy sellers in Bangor

We have insufficient information to provide an overview of customer satisfaction for Bangor. Viewing the agent profiles, reviews and sales for Bangor can provide insights for this location.