Dustin Mallar
Maine Source Realty
(207) 705-0663
72 Total Sales
1 in Rumford
$88,500 Price
322 Waldo St Rumford, ME 04276
Rumford Area
--
Bed
7
Baths
5,850
Sq Ft
0.28
Acre Lot
Highlights
- Wood Flooring
- No HOA
- Baseboard Heating
About This Home
As of March 2026Well-maintained brick 7-unit multifamily consisting of seven (7) 3-bedroom apartments, all fully occupied and producing consistent cash flow. The larger unit configuration supports strong tenant demand and long-term rental stability. The property benefits from multiple major capital upgrades, including a new roof in 2023, upgraded electrical and service panels, and an installed fire suppression system, enhancing both safety and operational reliability. A large paved parking lot adds convenience for tenants and further strengthens overall functionality. Currently operating at a 13.2% cap rate, this asset offers an attractive combination of strong in-place income and solid physical fundamentals. Well suited for investors seeking a durable, high-performing multifamily property with minimal deferred maintenance.
Last Agent to Sell the Property
Tyler Stewart
Keller Williams Realty Listed on: 12/17/2025
Last Buyer's Agent
Tyler Stewart
Better Homes & Gardens Real Estate/The Masiello Group
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,111
Year Built
- Built in 1920
Lot Details
- 12,197 Sq Ft Lot
Home Design
- Flat Roof Shape
Interior Spaces
- 7 Full Bathrooms
- 5,850 Sq Ft Home
- Multi-Level Property
- Interior Basement Entry
Flooring
- Wood
- Tile
- Vinyl
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 234
- Assessor Parcel Number RUMF-000113-000000-000234
Community Details
Overview
- No Home Owners Association
- 7 Units
Building Details
- Operating Expense $43,438
- Gross Income $98,808
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2025
Closed on
Feb 27, 2026
Sold by
Bought by
Seller's Agent
Tyler Stewart
Keller Williams Realty
Buyer's Agent
Tyler Stewart
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$420,000
Sold Price
$420,000
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,548
Avg. Annual Appreciation
4.33%
Purchase Details
Closed on
Nov 29, 2011
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rumford, ME
-
Dustin Mallar
-
Patricia Gallant
Patricia Gallant
Dream Home Realty LLC
(207) 835-3611
101 Total Sales
1 in Rumford
$329,000 Price
-
Julia Gonsalves
Julia Gonsalves
Biz Realty
(207) 393-2518
39 Total Sales
1 in Rumford
$129,000 Price
-
Mike Quinn
Mike Quinn
EXP Realty
(207) 705-5092
64 Total Sales
6 in Rumford
$99K - $295K Price Range
-
Jason Norton
Jason Norton
Coldwell Banker Realty
(207) 386-3759
43 Total Sales
1 in Rumford
$185,000 Price
-
Tracy Cox
Tracy Cox
The Maine Real Estate Experience
(207) 331-8565
58 Total Sales
1 in Rumford
$103,750 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | Sold | $420,000 | 0.0% | $72 / Sq Ft |
| 12/17/2025 12/17/25 | Pending | -- | -- | -- |
| 12/17/2025 12/17/25 | For Sale | $420,000 | -- | $72 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,506 | $187,200 | $21,100 | $166,100 |
| 2024 | $3,111 | $187,200 | $21,100 | $166,100 |
| 2023 | $2,968 | $133,800 | $15,100 | $118,700 |
| 2022 | $2,968 | $133,800 | $15,100 | $118,700 |
| 2021 | $3,004 | $133,800 | $15,100 | $118,700 |
| 2020 | $3,024 | $133,800 | $15,100 | $118,700 |
| 2019 | $2,055 | $67,391 | $4,300 | $63,091 |
| 2018 | $2,005 | $67,391 | $4,300 | $63,091 |
| 2017 | $1,944 | $67,391 | $4,300 | $63,091 |
| 2016 | $1,887 | $67,391 | $4,300 | $63,091 |
| 2015 | $1,850 | $67,391 | $4,300 | $63,091 |
| 2014 | $1,816 | $67,391 | $4,300 | $63,091 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2026
Tyler Stewart
Keller Williams Realty
Map
Source: Maine Listings
MLS Number: 1646827
APN: RUMF-000113-000000-000234
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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