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$399,500
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Property Description
Investors take notice. Add this money making 4 unit to your portfolio. Property features 3 one bedroom units and a 3 bedroom unit. Gross rents of over $53,000/year. Located right across from Second Street park and close all that downtown Bangor has to offer.
Full Property Details
Full Property Details for 131 2nd St
General
- Price: $399,500
- Taxes: $3,549 (2024)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1661495
- Updated: 6/4/2026
- Added to Site: 58 day(s) ago
Interior
- Interior Features: Attic
- Furnishings: Unfurnished
- Flooring: Carpet, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Additional Information
- Equipment: Internet Access Available
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Gravel, 1 - 4 Spaces, Off Street
Location
- County: Penobscot
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Colonial
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Dirt Floor, Full, Unfinished
- Roof: Pitched, Shingle
- Windows: Double Pane Windows
- Stories/Levels: 3
- Square Feet: 2,056
- Finished Total: 2,056 Sq. Ft.
- Finished Above Grnd: 2,056 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613.6
- Zoning: URD-2
- Lot Description: Intown, Near Shopping, Near Turnpike/Interstate, Sidewalks
Green Features
- Energy Efficient: Water Heater
Financial Considerations
- Operating Expenses: $17,556
- Tax Amount: $3,549
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 74
Listed by ERA Dawson-Bradford Co. (207) 947-6788
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Schools
Schools serving 131 2nd St
School District:Bangor
| Name | Grades | Distance |
|---|---|---|
Vine Street School 66 Vine Street, Bangor, ME 04401 | PK-3 | 0.3 mi |
Fairmount School 58 13th Street, Bangor, ME 04401 | 4-5 | 0.8 mi |
James F. Doughty School 143 5th Street, Bangor, ME 04401 | 6-8 | 0.3 mi |
Bangor High School 885 Broadway, Bangor, ME 04401 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131 2nd St
Date
Details
Price
Change
Source
6/04/2026
Price Reduced
$399,500
-3.73%
MLS
5/11/2026
Listed
$415,000
226.77%
MLS
3/26/2020
Sold
$127,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 131 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,657
3%
$206,600
8%
2024
$3,549
7%
$191,300
10%
2023
$3,326
11%
$173,700
18%
2022
$2,995
—
$146,800
10%
2021
$2,984
15%
$133,800
19%
2020
$2,603
6%
$112,200
5%
2019
$2,447
8%
$106,400
7%
2018
$2,272
10%
$99,000
9%
2017
$2,057
-1%
$91,200
-1%
2016
$2,070
3%
$92,000
—
2015
$2,019
2%
$92,000
1%
2014
$1,984
10%
$91,000
5%
2013
$1,805
—
$86,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 131 2nd St
131 Second Street, Bangor, ME 04401 (MLS# 1661495) is a Multi-Family property with 4 units containing 0 bedrooms and 4 full bathrooms. 131 Second Street is currently listed for $399,500 and was received on May 11, 2026. Want to learn more about 131 Second Street? Do you have questions about finding other Multi-Family real estate for sale in Bangor? You can browse all Bangor real estate or contact a Coldwell Banker agent to request more information.

