#1627440, Listing office: Keller Williams Realty
Property details
About 323 Cumberland St
This 8-unit multifamily is a value-add opportunity with real upside—2 units are currently vacant, giving investors a head start on repositioning and boosting rents. The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units. Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.
Highlights
Home typeOther
HeatingHot Water, Baseboard
StatusActive
CoolingWindow Unit(s)
Size6,300 sqft
BasementYes
Lot size0.14 Acres
Year built1920
Parking1 - 4 Spaces, Common
MLS #1627439
Garage1 space
Summary
- Full Bathrooms: 8
- Basement: Yes
- Flooring Type: Vinyl, Tile
- Garage Space: 1 space
- Attached Garage: No
- Parking: 1 - 4 Spaces, Common
- Architectural Style: Other
- Heating: Hot Water, Baseboard
- Cooling: Window Unit(s)
- List Price: $420,000
- Annual Tax Amount: $2,500
- Tax Year: 2023
- Lot: Level, Sidewalk
- Year Built: 1920
- Living Area: 6,300 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 1627439
- MLS Name: Maine Listings
- Office Name: Keller Williams Realty
- Office Phone: (207) 879-9800
- Office Email: klrw318@kw.com
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/10/2025, 12:40:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $112,700 | $2,500 |
| 2022 | $112,700 | $2,500 |
| 2021 | $112,700 | $2,530 |
| 2020 | $112,700 | $2,547 |
| 2018 | $50,580 | $1,505 |
History based on county public records data.
Nearby schools
1
Rumford Elementary School
Public District PK-5
0.2 mi
•121 Lincoln Ave
3
Meroby Elementary School
Public District PK-5
0.9 mi
•21 Cross St
2
Dirigo Elementary School
Public District PK-5
5.0 mi
•117 Auburn Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,293. Typical income of Rumford, ME residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
75%
<35k
23%
35k-100k
1%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
66%
Single, No Kids
16%
Single, with Kids
12%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
24%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Monster Trucks
NASCAR
Pro Wrestling
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
GMC
Dodge
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Rumford, ME
Rumford's transportation infrastructure includes a network of roads that connect residents to nearby cities and towns. Public transit options are available, providing connections within the town and to broader destinations. The community is also accommodating to pedestrians in its more densely populated areas, and there are paths and trails for those who prefer to bike. Recent efforts have been made to improve the efficiency and accessibility of transportation in the area.
The community is served by a number of public schools, ensuring educational opportunities for children of various ages. Healthcare needs are met by local clinics and the proximity to larger hospitals in the region. Residents enjoy a variety of retail and dining options that reflect the local culture, and the town is responsive to the evolving needs of its population, with initiatives aimed at enhancing community services.
Rumford is known for its serene small-town charm and a strong sense of community. The town prides itself on its rich history and natural beauty, with the Androscoggin River and surrounding landscapes offering picturesque views and outdoor activities. Local events and festivals throughout the year celebrate the town's heritage and tight-knit community spirit.
Rumford's housing market offers a blend of residential styles, with single-family homes being a common sight, reflecting a mix of traditional and colonial architecture. The housing options also include apartments and a selection of townhouses, accommodating a range of preferences and needs. The area has seen a steady growth in homeownership, with a significant portion of residents owning their homes.
About 323 Cumberland St
The listing price of 323 Cumberland St property is $420,000.
The property 323 Cumberland St is a house located in Rumford, Maine, 04276.
Active Listing: 323 Cumberland St is Active, which means the seller is accepting offers.
The nearby schools for 323 Cumberland St are: Rumford Elementary School (GreatSchools Rating 1/10), Meroby Elementary School (GreatSchools Rating 3/10), Dirigo Elementary School (GreatSchools Rating 2/10), Mountain Valley Middle School (GreatSchools Rating 1/10), T. W. Kelly Dirigo Middle School (GreatSchools Rating 2/10), Telstar Middle School (GreatSchools Rating 4/10), Mountain Valley High School (GreatSchools Rating 3/10), Dirigo High School (GreatSchools Rating 4/10), Telstar High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $2,500 (source: MLS/based on county public records data).
The property at 323 Cumberland St has 8 bathrooms.
The property 323 Cumberland St is 6,300 SqFt (source: MLS/tax record).
The year of construction for 323 Cumberland St is 1920.
This home is located at 323 Cumberland St in Rumford, ME and zip code 04276. This 6,300 square foot home, which was built in 1920, sits on a 0.14 acre lot. Features: 8 bathrooms. It is currently priced at $420,000.
From Rocket Homes Real Estate and based on county public records data.