Share

4 Rockland Multifamily Finds with Strong Rental Potential

By Awais Manzoor

1 min read

Rockland’s walkable, downtown-adjacent neighborhoods set the stage for a quartet of small-to-mid scale multifamily assets built around steady rental performance and broad tenant appeal. Spanning a renovated duplex, a well-kept tri-plex, a four-plex with a strong rental history, and a five-unit property with a large yard and ample parking, each offering centers on functional layouts and everyday convenience near shops, dining, and local services. Together, they reflect the enduring appeal of in-town living with room for measured upside.

4 Chestnut Street | Contact for pricing

1635367 1
4 Chestnut Street, Rockland, ME 04841
douglaserickson
LISTING AGENT:
Douglas M. Erickson

On a residential street in Rockland, this in-town property pairs generously sized units with everyday convenience a short distance from downtown restaurants and shops, as well as Hannaford and Planet Fitness. The layout comprises five units, creating flexibility for an owner focused on long-term rental performance in Midcoast Maine’s consistently strong market. Outside, a large yard offers breathing room rarely found so close to in-town amenities, while ample parking supports the practical rhythm of multi-unit living. Operational details are straightforward: the owner currently covers heating for all units, with modest costs that could be shifted to tenants. With current rents below market rent levels, the setting feels poised for a thoughtful, measured approach to value over time.

Price: Contact for pricing

Size:
3,922 sq ft
Contact:
Douglas M. Erickson, SVN The Masiello Group, 207.446.3333
Kurtis Grassett June26 Ad Banner 7

115 Limerock Street | Contact for pricing

1640224 1
115 Limerock Street, Rockland, ME 04841
douglaserickson
LISTING AGENT:
Douglas M. Erickson

On a residential street in Rockland, this four-plex pairs a prime in-town location with a strong rental history and a unit mix designed for everyday practicality. The building includes two two-bedroom, one-bath units, a one-bedroom, one-bath unit, and an efficiency—each arranged with a functional layout that supports dependable rental appeal across a range of tenant needs. Just a short distance from Main and Park Streets, the setting places banks, restaurants, and shops within easy reach, making day-to-day errands and evenings out feel refreshingly close. The result is a property that balances residential comfort with urban convenience, whether approached as an investment with proven performance or as an owner-occupied arrangement with supplemental rental income. Life here moves easily between quiet routines and downtown Rockland’s steady pulse.

Price: Contact for pricing

Size:
2,830 sq ft
Contact:
Douglas M. Erickson, SVN The Masiello Group, 207.446.3333
Geoff Engler May26 Ad Banner 4

12 Gay Street | Contact for pricing

1640225 1
12 Gay Street, Rockland, ME 04841
douglaserickson
LISTING AGENT:
Douglas M. Erickson

On a central street in Rockland, this well-maintained tri-plex offers a thoughtful unit mix paired with a strong rental history and lasting investment value. Inside, you’ll find two 2-bedroom, 1-bath residences alongside a 1-bedroom, 1-bath unit—each arranged with a functional layout designed for broad tenant appeal. The location keeps daily life effortless: Main Street is just a short distance away, with easy access to banks, restaurants, and shops, while Rockland Harbor adds an inviting waterfront presence nearby. Balancing residential comfort with urban convenience, the property’s proven rental record supports both long-term portfolio building and a flexible owner-occupant approach. It’s a place where the rhythm of downtown Rockland is close at hand, yet everyday living remains comfortably practical.

Price: Contact for pricing

Size:
2,287 sq ft
Contact:
Douglas M. Erickson, SVN The Masiello Group, 207.446.3333
Kathy Wentworth Mar26 Ad Banner 1

80 Rankin Street | Contact for pricing

1640219 1
80 Rankin Street, Rockland, ME 04841
douglaserickson
LISTING AGENT:
Douglas M. Erickson

Just minutes from downtown Rockland, this well-maintained, renovated duplex pairs everyday practicality with an easy coastal-town rhythm. Each unit offers two bedrooms and one full bath, with spacious living areas, eat-in kitchens, and ample natural light throughout—layouts designed to feel comfortable and functional from morning coffee to quiet evenings in. Recent infrastructure work adds confidence, including a new sewer line from the property to the street completed in 2023. With a proven history of consistent occupancy, the property has strong rental appeal, while its duplex configuration allows for long-term rentals, short-term leasing, or the flexibility of owner-occupying one unit while renting the other. Close to shops, restaurants, waterfront attractions, and commuter routes, it supports a lifestyle that stays connected to the best of Rockland.

Price: Contact for pricing

Size:
2,211 sq ft
Contact:
Douglas M. Erickson, SVN The Masiello Group, 207.446.3333