Versatile Investment Property - Ideal House Hack or Pure Income Generator! Located just a short walk from downtown Bangor, ME. This multi-family property is perfect for investors or live-in owners looking to offset housing costs. All units are currently month-to-month and pay below market rents, offering excellent income growth potential. The pride of ownership here can be shared with you. The building is a 4 unit apartment building on a corner lot. There is a 2 bedroom and also a 1 bedroom unit on the first floor and two one bedroom units on the second floor, each has one bathroom. Prime Location: walkable to shops, restaurants, and local amenities strong, consistent rental demand in desirable Bangor neighborhood whether you're looking to house hack or run this as a turnkey investment, this property offers flexibility, cash flow potential, and long-term value. Don't miss out — schedule your showing today!
Multi-familyProperty Type
1900Year Built
6,098 sq ftLot Size
$146Price/Sq.Ft.
1 spaceParking
Listed by Kimberly Dubois Matson• Keller Williams Realty
Ask about seller financing! OWNER OCCUPANTS AND INVESTORS, TAKE NOTICE. This meticulously maintained 3-unit residential property offers a prime investment opportunity in a high-demand rental market. Situated on a 0.14-acre corner lot, the building has three units, two of which are occupied, providing a stable income stream for investors. A third unit is vacant, providing an opportunity to owner-occupy or fill the vacancy. The property features a mix of 1-bedroom and 2-bedroom units, each offering comfortable living spaces with modern amenities and updates to meet tenant needs. Located in the heart of Bangor, the property is within close proximity to shops, schools, and public transportation, contributing to steady tenant demand and long-term value. This turnkey investment is ideal for those looking to expand their portfolio or enter the market with a dependable, income-producing asset. Recent updates include interior paint, new windows, new flooring, improved driveways, new fence, new balcony, bathroom, kitchen updates, new appliances and more.
MREIS #1606822
May 6, 2025
Price Changed
$349,900
$136/sq ft
Apr 25, 2025
Price Changed
$374,000
$146/sq ft
Feb 1, 2025
Price Changed
$375,000
$146/sq ft
Jan 21, 2025
Price Changed
$399,000
$155/sq ft
Jan 13, 2025
Price Changed
$429,000
$167/sq ft
Oct 14, 2024
Listed
$459,000
$179/sq ft
MREIS #1346653
May 4, 2018
Listed
$109,900
$43/sq ft
MREIS #278444
Jun 1, 1999
Listed
$71,000
$28/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$3,248 (+6.2%)
$14,000 + $161,100
$175,100
2023
$3,058 (+10.0%)
$14,000 + $145,700
$159,700
2022
$2,781 (+3.8%)
$14,000 + $122,300
$136,300
2021
$2,680 (+5.8%)
$13,000 + $107,200
$120,200
2020
$2,533 (+4.9%)
$12,400 + $96,800
$109,200
2019
$2,415 (+7.8%)
$12,400 + $92,600
$105,000
2018
$2,240 (−8.8%)
$12,100 + $85,500
$97,600
2017
$2,456 (+2.5%)
$13,100 + $95,800
$108,900
2016
$2,396 (+2.5%)
$13,100 + $93,400
$106,500
2015
$2,338 (+1.8%)
$13,100 + $93,400
$106,500
2014
$2,296
$13,100 + $92,200
$105,300
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
6,098 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,890
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,890
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Penobscot County
APN
286550
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
URD-2
Urban Residence 2 District
The Urban Residence 2 District is established to stabilize and protect the essential characteristics of certain traditional residential areas which are substantially developed with one-family to four-family detached dwellings and to promote and encourage a suitable environment for family life. Development in this district is intended to be limited primarily to the existing low- to medium-density residential use.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Bangor, ME • 04401
Average low and high temperatures (°F)
27
10
30
8
42
24
52
35
65
45
76
54
82
60
81
54
73
49
61
41
46
32
32
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 176 Court St
$373,352
$1,648 under list price of $375K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $92K to $390K.