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$249,900 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 15 Grace Ct
General
- Price: $249,900
- Taxes: $2,669 (2025)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1662790
- Updated: Today (5/19/2026)
- Added to Site: Today
Interior
- Interior Features: 1st Floor Bedroom
- Flooring: Carpet, Laminate, Linoleum, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Additional Information
- Equipment: Internet Access Available
Exterior
- Porch/Patio/Deck: Deck, Porch
Parking
- Parking Features: Paved, 1 - 4 Spaces
Location
- County: Penobscot
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas Natural, Baseboard, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other, New Englander
- Construction: Wood Frame, Vinyl Siding
- Roof: Shingle
- Stories/Levels: 3
- Building Size: 1144
- Square Feet: 1,144
- Living Area: 1,144 Sq. Ft.
- Finished Total: 1,144 Sq. Ft.
- Finished Above Grnd: 1,144 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049.2
- Lot Size Source: Public Records
- Zoning: URD-1
- Lot Description: Rolling/Sloping, Near Shopping, Near Town, Shopping Mall
Green Features
- Energy Efficient: Ceiling Fans, 90% Efficient Furnace
Financial Considerations
- Tax Amount: $2,669
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 38
Listed by Realty of Maine (207) 942-6310
Get Pre-Approved Today
Schools
Schools serving 15 Grace Ct
School District:Bangor
| Name | Grades | Distance |
|---|---|---|
Fairmount School 58 13th Street, Bangor, ME 04401 | 4-5 | 0.7 mi |
Vine Street School 66 Vine Street, Bangor, ME 04401 | PK-3 | 1 mi |
James F. Doughty School 143 5th Street, Bangor, ME 04401 | 6-8 | 0.9 mi |
Bangor High School 885 Broadway, Bangor, ME 04401 | 9-12 | 1.4 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 15 Grace Ct
Date
Details
Price
Change
Source
5/19/2026
Listed
$249,900
—
MLS
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 15 Grace Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,669
6%
$150,800
11%
2024
$2,514
5%
$135,500
9%
2023
$2,384
9%
$124,500
16%
2022
$2,189
—
$107,300
9%
2021
$2,194
3%
$98,400
8%
2020
$2,120
6%
$91,400
5%
2019
$2,006
6%
$87,200
5%
2018
$1,898
3%
$82,700
1%
2017
$1,851
2%
$82,100
2%
2016
$1,814
3%
$80,600
—
2015
$1,769
2%
$80,600
1%
2014
$1,733
5%
$79,500
—
2013
$1,654
—
$79,500
—
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 15 Grace Ct
15 Grace Court, Bangor, ME 04401 (MLS# 1662790) is a Multi-Family property with 3 units containing 0 bedrooms and 3 full bathrooms. 15 Grace Court is currently listed for $249,900 and was received on May 19, 2026. Want to learn more about 15 Grace Court? 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.

