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$125,000 Sale Pending
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Property Description
Fully occupied duplex in Rumford offering two 2-bedroom units with strong rental income. Currently producing a 10.5% cap rate, this turnkey property with a new roof in 2025 provides consistent cash flow and is an excellent addition to any investment portfolio.
Full Property Details
Full Property Details for 429 Penobscot St
General
- Price: $125,000
- Taxes: $1,526 (2025)
- Status: Pending
- Type: Duplex
- Source: MREIS
- MLS ID: 1652672
- Updated: 6/4/2026
- Added to Site: 94 day(s) ago
Interior
- Flooring: Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Parking
- Parking Features: Common, 1 - 4 Spaces
Location
- County: Oxford
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: New Englander
- Structure Type: Duplex
- Construction: Wood Frame, Asbestos
- Basement: Yes
- Basement Desc.: Interior Entry, Unfinished
- Roof: Shingle
- Square Feet: 2,012
- Finished Total: 2,012 Sq. Ft.
- Finished Above Grnd: 2,012 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
- Zoning: Residential
- Lot Description: Near Town, Rolling Slope
Financial Considerations
- Operating Expenses: $13,797.48
- Tax Amount: $1,526
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 211
Listed by Elevate Maine Realty (207) 331-4565
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Schools
Schools serving 429 Penobscot St
School District:Regional School Unit 10
| Name | Grades | Distance |
|---|---|---|
Mountain Valley High School 799 Hancock Street, Rumford, ME 04276 | 9-12 | 0.8 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 429 Penobscot St
Date
Details
Price
Change
Source
2/24/2026
Listed
$125,000
—
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 429 Penobscot St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,526
13%
$81,500
—
2024
$1,355
5%
$81,500
40%
2023
$1,291
—
$58,200
—
2022
$1,291
-1%
$58,200
—
2021
$1,307
-1%
$58,200
—
2020
$1,315
-12%
$58,200
18%
2019
$1,499
3%
$49,140
—
2018
$1,462
3%
$49,140
—
2017
$1,418
3%
$49,140
—
2016
$1,376
2%
$49,140
—
2015
$1,349
2%
$49,140
—
2014
$1,324
12%
$49,140
—
2013
$1,179
—
$49,140
—
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 429 Penobscot St
429 Penobscot Street, Rumford, ME 04276 (MLS# 1652672) is a Duplex property with 0 bedrooms and 2 full bathrooms. 429 Penobscot Street is currently listed for $125,000 and was received on April 14, 2026. Want to learn more about 429 Penobscot Street? Do you have questions about finding other Duplex real estate for sale in Rumford? You can browse all Rumford real estate or contact a Coldwell Banker agent to request more information.

