Discover a rare opportunity to own a versatile unique property, offering two residential units plus a commercial space all situated on a prime, level wooded 2 acre lot. Whether you are looking for rental income, a live/work set up or to grow your business-this property delivers. While the abundant parking area already supports both tenants and customers with ease. The main floor features a spacious 2 bedroom, 1 bath apartment, while the upper-level rear unit offers a cozy 1 bedroom, 1 bath layout . The on-site commercial space adds even more value and opportunities. With easy access off the main road this gem offers exceptional visibility and steady traffic flow. Just minutes from local amenities this property offers you unlimited potential.
Cross listed with MLS #1636792
Active
Price cut: $25K (12/9)
$330,000
1186 Eastern Avenue, Chelsea, ME 04330
3beds
3,928sqft
Est.:
Multi Family
Built in 1990
-- sqft lot
$-- Zestimate®
$84/sqft
$-- HOA
What's special
Abundant parking area
- 98 days |
- 516 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 07:59am
Listed by:
LAER
Source: Maine Listings,MLS#: 1636790
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Direct Vent Heater, Forced Air
Cooling
- None
Features
- Flooring: Carpet, Laminate, Linoleum
- Windows: Double Pane Windows
- Basement: Bulkhead
Interior area
- Total structure area: 3,928
- Total interior livable area: 3,928 sqft
- Finished area above ground: 3,928
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 2 Acres
- Features: Business District
Details
- Additional structures: Shed(s)
- Parcel number: CHEAM16B074
- Zoning: CC
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,Split Level
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- Year built: 1990
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Design Available, Septic Tank
- Water: Well
- Utilities for property: Utilities On, Pole
Community & HOA
Location
- Region: Chelsea
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $249,989
- Annual tax amount: $3,800
- Date on market: 9/6/2025
Estimated market value
Not available
Estimated sales range
Not available
$2,893/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Price change | $330,000-7%$84/sqft |
Source: | ||
| 9/6/2025 | Listed for sale | $355,000$90/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,800 +7% | $249,989 +25% |
| 2023 | $3,552 +5.3% | $199,991 |
| 2022 | $3,374 +4.1% | $199,991 +20% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,985/mo
Principal & interest
$1608
Property taxes
$261
Home insurance
$116
Climate risks
Neighborhood: 04330
Nearby schools
GreatSchools rating
- 4/10Chelsea Elementary SchoolGrades: PK-8Distance: 1.2 mi
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