Date
Details
Price
Change
Source
2/24/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$225,000 Just Listed
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Property Description
Fully occupied 4-unit multifamily offering spacious layouts and exceptional in-place returns. The property features three large three-bedroom units and one one-bedroom unit, providing a highly desirable unit mix with broad tenant appeal. Currently producing a 13% cap rate, the asset delivers immediate, stable cash flow with additional upside potential through future rent growth and operational efficiencies. A rare opportunity to acquire a high-yield, fully occupied property with strong long-term investment fundamentals.
Full Property Details
Full Property Details for 154 Essex Ave
General
- Price: $225,000
- Taxes: $2,585 (2025)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1652668
- Updated: 2/24/2026
- Added to Site: Today
Interior
- Flooring: Wood, Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: 5 - 10 Spaces, Paved
Location
- County: Oxford
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Dutch Colonial
- Construction: Asbestos, Wood Frame
- Roof: Shingle
- Building Size: 3564
- Square Feet: 3,564
- Living Area: 3,564 Sq. Ft.
- Finished Total: 3,564 Sq. Ft.
- Finished Above Grnd: 3,564 Sq. Ft.
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Lot Size Source: Public Records
- Zoning: Residential
- Lot Description: Level, Sidewalks, Near Town
Financial Considerations
- Tax Amount: $2,585
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 139
Listed by Elevate Maine Realty (207) 203-9022
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Listing agent
— 154 Essex Ave —
Elevate Maine Realty
207-203-9022
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 154 Essex Ave
School District:Regional School Unit 10
| Name | Grades | Distance |
|---|---|---|
Mountain Valley High School 799 Hancock Street, Rumford, ME 04276 | 9-12 | 0.9 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 154 Essex Ave
Tax History
Tax History for 154 Essex Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,585
13%
$138,000
—
2024
$2,294
5%
$138,000
40%
2023
$2,187
—
$98,600
—
2022
$2,187
-1%
$98,600
—
2021
$2,214
-1%
$98,600
—
2020
$2,228
20%
$98,600
62%
2019
$1,851
2%
$60,697
—
2018
$1,806
3%
$60,697
—
2017
$1,751
3%
$60,697
—
2016
$1,700
2%
$60,697
—
2015
$1,666
2%
$60,697
—
2014
$1,636
12%
$60,697
—
2013
$1,457
—
$60,697
—
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 154 Essex Ave
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Sold by Locations Real Estate Group LLC
154 Essex Avenue, Rumford, ME 04276 (MLS# 1652668) is a Multi-Family property with 4 units containing 0 bedrooms and 4 full bathrooms. 154 Essex Avenue is currently listed for $225,000 and was received on February 25, 2026. Want to learn more about 154 Essex Avenue? Do you have questions about finding other Multi-Family real estate for sale in Rumford? You can browse all Rumford real estate or contact a Coldwell Banker agent to request more information.