Profitable and spacious 4-unit in excellent location with strong rental history. Do not miss this opportunity to add this building to your portfolio!
Closed
$391,000
106 Forest Avenue, Bangor, ME 04401
4beds
3,049sqft
Multi Family
Built in 1880
-- sqft lot
$395,400 Zestimate®
$128/sqft
$1,740 Estimated rent
Home value
$395,400
$376,000 - $415,000
$1,740/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 03, 2025 at 12:08pm
Listed by:
NextHome Experience
Bought with:
Realty of Maine
Source: Maine Listings,MLS#: 1615227
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Vinyl
- Basement: Interior Entry,Full,Unfinished,Brick/Mortar
Interior area
- Total structure area: 3,049
- Total interior livable area: 3,049 sqft
- Finished area above ground: 3,049
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces
Lot
- Size: 6,098 sqft
- Features: Near Town, Sidewalks
Details
- Parcel number: BANGM048L119
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Bangor
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2025 | Sold | $391,000-5.8%$128/sqft |
Source:  Maine Listings #1615227 | ||
| 6/16/2025 | Pending sale | $415,000$136/sqft |
Source: Maine Listings #1615227 | ||
| 4/25/2025 | Price change | $415,000-2.4%$136/sqft |
Source: Maine Listings #1615227 | ||
| 4/4/2025 | Price change | $425,000-2.3%$139/sqft |
Source: Maine Listings #1615227 | ||
| 3/19/2025 | Price change | $435,000-2.2%$143/sqft |
Source: Maine Listings #1615227 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,552 | $237,700 |
| 2023 | $4,552 +10.4% | $237,700 +17.6% |
| 2022 | $4,125 +0.3% | $202,200 +9.7% |
Find assessor info on the county website
Neighborhood: 04401
Nearby schools
GreatSchools rating
- 10/10Abraham Lincoln SchoolGrades: PK-3Distance: 0.2 mi
- 9/10William S. Cohen SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Bangor High SchoolGrades: 9-12Distance: 1.8 mi
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