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$330,000
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Property Description
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
Full Property Details
Full Property Details for 1186 Eastern Ave
General
- Price: $330,000
- Taxes: $3,800 (2024)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1636790
- Updated: 12/9/2025
- Added to Site: 132 day(s) ago
Interior
- Interior Features: 1st Floor Bedroom, Bathtub, Shower
- Flooring: Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Other Rooms
- Laundry: Laundry - 1st Floor, Main Level
Additional Information
- Equipment: Internet Access Available
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: 11 - 20 Spaces, Gravel
Location
- County: Kennebec
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Direct Vent Heater
Utilities
- Sewer: Septic Tank, Private Sewer, Septic Design Available
- Water: Well
- Well: Yes
- Utility Description: Utilities On, Pole
Structural Information
- Architectural Style: Split Level, Other
- Structure Type: Post & Beam
- Construction: Wood Siding, Vinyl Siding, Wood Frame
- Roof: Shingle
- Windows: Double Pane Windows
- Stories/Levels: 2
- Building Size: 3928
- Square Feet: 3,928
- Living Area: 3,928 Sq. Ft.
- Finished Total: 3,928 Sq. Ft.
- Finished Above Grnd: 3,928 Sq. Ft.
- Year Built: 1990
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,120
- Lot Size Source: Public Records
- Zoning: CC
- Lot Description: Open, Level, Wooded, Near Shopping, Near Town
Financial Considerations
- Tax Amount: $3,800
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 74
Listed by Laer (207) 622-2220
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Schools
Schools serving 1186 Eastern Ave
School District:Regional School Unit 12
| Name | Grades | Distance |
|---|---|---|
Chelsea Elementary School 566 Togus Road, Chelsea, ME 04330 | PK-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1186 Eastern Ave
Date
Details
Price
Change
Source
12/09/2025
Price Reduced
$330,000
-7.04%
MLS
9/06/2025
Listed
$355,000
—
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 1186 Eastern Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,800
7%
$249,989
25%
2023
$3,552
5%
$199,991
—
2022
$3,374
4%
$199,991
20%
2021
$3,242
—
$166,659
—
2019
$3,242
-2%
$166,659
—
2018
$3,325
2%
$166,659
—
2017
$3,263
8%
$166,659
—
2016
$3,017
1%
$166,659
—
2015
$3,000
5%
$166,659
—
2014
$2,867
-4%
$166,659
—
2013
$2,997
—
$166,659
—
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 1186 Eastern Ave
1186 Eastern Avenue, Chelsea, ME 04330 (MLS# 1636790) is a Multi-Family property with 3 units containing 0 bedrooms and 3 full bathrooms. 1186 Eastern Avenue is currently listed for $330,000 and was received on September 06, 2025. Want to learn more about 1186 Eastern Avenue? Do you have questions about finding other Multi-Family real estate for sale in Chelsea? You can browse all Chelsea real estate or contact a Coldwell Banker agent to request more information.

