16

Rumford, ME Homes for Sale under $400,000

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  • /87

    $329,000

    • 1 Bed
    • 264 Sq Ft

    19 Bear Ln, Rumford, ME 04276

    20 acres in a private, gated community, offering breathtaking views of the local foothills and the Presidential range. Included is a 12 x 28 cabin with a woodstove and some furnishings to get you started. This property has direct access to Snowmobile Trail ITS 82 and a private parking lot at the bottom of the mountain for you to park your off-season toys. With plenty of wildlife consisting of

    Denis Dufour Berkshire Hathaway HomeServices Northeast Real Estate

    19 Bear Ln, Rumford, ME 04276
  • /71

    $399,000

    • 1 Bed
    • 264 Sq Ft

    18 Bear Ln, Rumford, ME 04276

    Just over 63 acres in the Red Hill Road Association, this is an off-grid community with approximately 7 1/2 miles of roads, The property consist of two separate parcels. The building envelope has been taken out of tree growth already. A new driveway has been roughed in almost to the top of the lot with amazing views of the Presidential range and local foothills as well as the Androscoggin River.

    Denis Dufour Berkshire Hathaway HomeServices Northeast Real Estate

    18 Bear Ln, Rumford, ME 04276
  • /4

    $399,900

    • Land
    • 212 Acres
    • $1,886 per Acre

    Map 402 Lot 9, Rumford, ME 04276

    Lindsay Gagnon Cassie Mason Real Estate

    Map 402 Lot 9, Rumford, ME 04276
  • /7

    $360,000

    • 6 Baths
    • 4,290 Sq Ft

    341 Waldo St, Rumford, ME 04276

    Six-unit multifamily offering strong layout, additional utility, and value-add upside. The property features one (1) 3-bedroom unit and five (5) 2-bedroom units, with current rents below market, presenting immediate opportunity for increased returns. In addition to the residential units, the property includes a workshop space currently occupied by the management company, providing added

    Tyler Stewart Elevate Maine Realty

    341 Waldo St, Rumford, ME 04276
  • /3

    $400,000

    • 7 Baths
    • 4,368 Sq Ft

    512 Kennebec St, Rumford, ME 04276

    Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (4) three-bedroom units and (3) two-bedroom units. The property includes one rent-ready vacancy and is currently producing a 9.6% cap rate, offering immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 17% cap rate potential. Recent capital improvements

    Tyler Stewart Elevate Maine Realty

    512 Kennebec St, Rumford, ME 04276
  • /49

    $399,900

    • 6 Beds
    • 2.5 Baths
    • 3,384 Sq Ft

    105 Franklin St, Rumford, ME 04276

    MOTIVATED SELLERS! Gorgeous, immaculate, stately home with 5-6 bedrooms, two and a half baths, double living room with fireplace, formal dining room with built-ins, first floor bedroom/office with full bath nearby (wide doorways and roll-in shower) roomy kitchen with wood burning fireplace and pantry, charming entry foyer with large built-in cabinetry, half-bath with laundry and that's just the

    Kelly Pitman Berkshire Hathaway HomeServices Northeast Real Estate

    105 Franklin St, Rumford, ME 04276
  • /40

    $359,900

    • 4 Beds
    • 3 Baths
    • 3,267 Sq Ft

    424 Penobscot St, Rumford, ME 04276

    This beautifully renovated home blends historic charm with a fresh, modern feel. The exterior has been fully repainted, offering standout curb appeal, while the interior has been completely transformed with updated finishes and a clean, move-in-ready look throughout. The finished lower level adds exceptional flexibility to the home, featuring a private exterior entrance and a versatile layout.

    Mai Elzahwy Portside Real Estate Group

    424 Penobscot St, Rumford, ME 04276
  • /8

    $360,000

    • 6 Baths
    • 5,070 Sq Ft

    25 Falmouth St, Rumford, ME 04276

    Well-maintained 6-unit multifamily consisting of six (6) 3-bedroom apartments, all fully occupied and generating consistent rental income. The larger unit layout supports strong tenant demand and long-term stability. The property has benefited from recent improvements, including a flat roof approximately five years old, a new water heater, and electrical upgrades with all knob-and-tube wiring

    Tyler Stewart Elevate Maine Realty

    25 Falmouth St, Rumford, ME 04276
  • /6

    $300,000

    • 5 Baths
    • 3,348 Sq Ft

    48 Essex Ave, Rumford, ME 04276

    Fully occupied 5-unit multifamily offering strong in-place income and attractive returns. The property features a diverse unit mix and is currently operating at an approximate 10.5% cap rate, providing solid cash flow from day one. Recent capital improvements include upgraded electrical with full knob-and-tube removal, a heating system installed in 2022, and a flat roof estimated to be 5-10 years

    Tyler Stewart Elevate Maine Realty

    48 Essex Ave, Rumford, ME 04276
  • /58

    $324,900

    • 4 Beds
    • 1.5 Baths
    • 2,520 Sq Ft

    74 Lincoln Ave, Rumford, ME 04276

    Completely renovated and ready for its next chapter, this spacious 4 bedroom home in Rumford delivers over 2,500 square feet of refreshed living space at an exceptional value. Step inside to find a brand new kitchen with clean, modern appeal, and a butcher block breakfast bar. There are also updated baths, and a new heating system designed for efficient year round comfort. Low maintenance vinyl

    Fred Andrews Spectrum Real Estate

    74 Lincoln Ave, Rumford, ME 04276
  • /22

    $300,000

    • 6 Baths
    • 4,680 Sq Ft

    325 Cumberland St, Rumford, ME 04276

    Six-unit multifamily on Cumberland Street offering significant upside through filling vacancies. While the property is currently 50% vacant, all units are rent-ready and positioned for immediate occupancy. The property features separate electric and a functional layout that supports straightforward management. Once fully leased, the projected stabilized cap rate is over 18%, presenting a strong

    Tyler Stewart Elevate Maine Realty

    325 Cumberland St, Rumford, ME 04276
  • /7

    $360,000

    • 6 Baths
    • 3,948 Sq Ft

    421 Cumberland St, Rumford, ME 04276

    Income-producing 6-unit multifamily featuring six (6) 2-bedroom apartments with no vacancies. The consistent unit layout supports strong tenant demand and reliable rent performance. This property is currently operating at an 11.3% cap rate, offering solid cash flow and a stabilized income stream from day one. With all units occupied, this asset is well positioned for investors seeking immediate

    Tyler Stewart Elevate Maine Realty

    421 Cumberland St, Rumford, ME 04276
  • /8

    $360,000

    • 6 Baths
    • 4,500 Sq Ft

    425 Cumberland St, Rumford, ME 04276

    Well-located 6-unit multifamily comprised of a desirable unit mix of three (3) 2-bedroom apartments and three (3) 3-bedroom apartments. The property currently has one rent ready vacancy, providing immediate upside through lease-up and income stabilization. The building is operating at a 10.3% cap rate, with a clear path to increased performance. Through rent optimization and full occupancy, the

    Tyler Stewart Elevate Maine Realty

    425 Cumberland St, Rumford, ME 04276
  • /22

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,440 Sq Ft

    28 Glover Rd, Rumford, ME 04276

    Immerse yourself in the perfect lifestyle at this property situated at the base of Black Mountain of Maine, offering unparalleled access to outdoor activities such as skiing, snowboarding, snow tubing, hiking, snowmobiling, ATVing, and fishing, with snowmobile trails leading directly to ITS 82. This expansive family residence features a spacious living room, large dining room, two bedrooms on the

    Brenda James EXP Realty

    28 Glover Rd, Rumford, ME 04276
  • /5

    $360,000

    • 6 Baths
    • 4,350 Sq Ft

    419 Cumberland St, Rumford, ME 04276

    Well-performing 6-unit multifamily comprised of six (6) 2-bedroom apartments, all fully occupied and producing immediate, consistent income. The uniform unit mix supports strong rental demand and operational efficiency. The property benefits from a furnace that is only two years old, helping limit near-term capital expenditures and support stable ongoing operations. Offered at a 11.3% cap rate,

    Tyler Stewart Elevate Maine Realty

    419 Cumberland St, Rumford, ME 04276
  • /8

    $360,000

    • 6 Baths
    • 3,456 Sq Ft

    209 Waldo St, Rumford, ME 04276

    Six-unit multifamily offering value-add upside through below-market rents and recent improvements throughout. A new roof installed in 2023, while 5 out of 6 units have seen recent renovation. With in-place income and the ability to increase rents through continued improvements, this asset presents an attractive opportunity for the next owner. *Property is Undergoing Lead Abatement*

    Tyler Stewart Elevate Maine Realty

    209 Waldo St, Rumford, ME 04276

Home Trends in Rumford, ME

Housing Trends

Median Sale Price
$160,000
Median Single Family Sale Price
$180,000
Average Price Per Sq Ft
$207
Number of Homes for Sale
24
Last 12 months Home Sales
62
Months of Supply
4.60
Median List Price
$179,900
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-19%
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