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$124,000
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Property Description
Looking for a property in Millinocket? Look no further. Great investment! Two 2-bedroom units with each having its own separate heating system as well as its own water and sewer! One even has a garage underneath it. Great in-town lot with plenty of parking area or even a space to build another garage! Great rental history. Rents are based on a month-to-month basis for one tenant who has been there for over five years. Just around the corner is access to Mount Katahdin and the North Maine woods! Great for the outdoorsy. Hiking, Fishing, kayaking, hunting, snowmobiling, etc,.. Even if you didn't want to live there, if you're tired of trailering your toys back and forth rent out both units and have a place to store your toys while getting an income. Possibilities are endless.
Full Property Details
Full Property Details for 72 East Terrace
General
- Price: $124,000
- Taxes: $1,569 (2025)
- Status: Active Under Contract
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1643740
- Updated: 2/25/2026
- Added to Site: 109 day(s) ago
Interior
- Flooring: Vinyl, Other, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Equipment: Internet Access Available
Exterior
- Porch/Patio/Deck: Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: 5 - 10 Spaces, Paved, Inside Entrance
Location
- County: Penobscot
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction: Vinyl Siding, Wood Frame
- Roof: Metal, Shingle
- Stories/Levels: 2
- Building Size: 1625
- Square Feet: 1,625
- Living Area: 1,625 Sq. Ft.
- Finished Total: 1,625 Sq. Ft.
- Finished Above Grnd: 1,625 Sq. Ft.
- Year Built: 1929
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276.4
- Lot Size Source: Public Records
- Zoning: RES
- Lot Description: Open, Level, Intown, Neighborhood, Suburban
Financial Considerations
- Tax Amount: $1,569
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 181
Listed by Beal Realty (207) 949-4862
Get Pre-Approved Today
Schools
Schools serving 72 East Terrace
School District:Millinocket
| Name | Grades | Distance |
|---|---|---|
Granite Street School 191 Granite Street, Millinocket, ME 04462 | PK-5 | 0.8 mi |
Stearns High School 199 State Street, Millinocket, ME 04462 | 6-12 | 0.3 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 72 East Terrace
Date
Details
Price
Change
Source
2/07/2026
Price Reduced
$124,000
-2.36%
MLS
1/28/2026
Price Reduced
$127,000
-9.22%
MLS
1/26/2026
Price Reduced
$139,900
-6.67%
MLS
1/16/2026
Price Reduced
$149,900
-3.29%
MLS
12/15/2025
Price Reduced
$155,000
-2.82%
MLS
12/08/2025
Price Reduced
$159,500
-6.12%
MLS
11/17/2025
Listed
$169,900
—
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 72 East Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,569
3%
$68,200
24%
2024
$1,521
20%
$55,100
22%
2023
$1,272
6%
$45,100
11%
2022
$1,195
-1%
$40,500
9%
2021
$1,212
—
$37,300
5%
2020
$1,207
3%
$35,500
—
2019
$1,172
2%
$35,500
—
2018
$1,154
1%
$35,500
—
2017
$1,147
-25%
$35,500
-28%
2016
$1,534
46%
$49,000
38%
2015
$1,053
—
$35,500
—
2014
$1,051
-28%
$35,500
-28%
2013
$1,468
—
$49,000
—
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 72 East Terrace
72 East Terrace, Millinocket, ME 04462 (MLS# 1643740) is a Multi-Family property with 2 units containing 0 bedrooms and 2 full bathrooms. 72 East Terrace is currently listed for $124,000 and was received on November 17, 2025. Want to learn more about 72 East Terrace? Do you have questions about finding other Multi-Family real estate for sale in Millinocket? You can browse all Millinocket real estate or contact a Coldwell Banker agent to request more information.

