$389,000

159 Waldo Ave Belfast, ME 04915

Estimated payment $2,509/month

Total Views 2,544
-- Bed
3 Baths
2,496 Sq Ft
$156 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating System
  • No HOA
  • Tile Flooring
  • Baseboard Heating

About This Home

Wow, a 3-family property near the center of Belfast that's equitably priced! Here's your chance to live in downtown Belfast and have income from two other units to pay your mortgage. Also a fabulous opportunity to invest for your future or a multi-generation living situation. Main house apartments both offer 2 bedrooms, 1 full bath, stackable W+D units and plenty of parking. The separate white building includes a 1BR/1BA apartment with a workshop area on the ground level .. ideal for craftsman or hobbyist. Drive-thru driveway along with freshly paved abutting streets is a real bonus to this property.
The owner has made many improvements since taking stewardship of this multi-unit and is now ready to pass the baton to the next owner. A list of improvements as well as remaining areas to update is attached. Seller is selling property ''as is''. Tenants pay own electric and heat.

Listing Agent

Nancy Falvey

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 10/24/2025

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,629

Year Built

  • Built in 1900

Lot Details

  • 0.46 Acre Lot

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,496 Sq Ft Home
  • 2-Story Property
  • Exterior Basement Entry

Flooring

  • Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number BELF-000014-000000-000012

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $9,229
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,629

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • MLS Status: Active
  • Directions: From Main Street in Belfast, take Waldo Ave. and follow to the corner of Waldo Ave. and Vine Street. Sign up. GPS friendly.
  • Above Grade Finished Sq Ft: 2496.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Contract Information:List PriceSqFt: 155.85
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Exterior Entry
  • Full Bathrooms: 3
  • Flooring: Carpet, Tile, Vinyl, Hardwood, Linoleum

Exterior Features

  • Waterfront: No
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: BELF-000014-000000-000012
  • Zoning: Mixed Use

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 9229.0

Tax Info

  • Tax Annual Amount: 5629.0
  • Tax Lot: 012

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $5,747 $373,200 $124,100 $249,100
2023 $4,042 $201,100 $27,100 $174,000
2022 $4,156 $194,200 $27,100 $167,100
2021 $4,286 $194,800 $27,100 $167,700
2020 $4,112 $176,500 $27,100 $149,400
2019 $3,996 $174,500 $37,300 $137,200
2018 $3,961 $174,500 $37,300 $137,200
2017 $3,822 $174,500 $37,300 $137,200
2016 $3,996 $174,500 $37,300 $137,200
2015 $3,909 $174,500 $37,300 $137,200
2014 $3,778 $174,500 $37,300 $137,200
2013 $3,630 $174,500 $37,300 $137,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 For Sale $389,000 +357.6% $156 / Sq Ft
12/27/2013 12/27/13 Sold $85,000 -39.2% $45 / Sq Ft View Prior Sale
12/03/2013 12/03/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $139,900 -- $73 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1641846

Maine Listings

APN: BELF-000014-000000-000012