$340,000
SOLD JAN 29, 2026

159 Waldo Ave Belfast, ME 04915

-- Bed
3 Baths
2,496 Sq Ft
20,038 Sq Ft Lot

Recently Sold

$136 Per Sq Ft

13% Below List Price

50 Days on Market

Highlights

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

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Nancy Falvey

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

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

LuAnne Adams

Realty of Maine

Realty of Maine

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

0.46 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • MLS Status: Closed
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2025
Closed on
Jan 29, 2026
Sold by
Anthony H R Roe Ret and Roe
Bought by
159 Waldo Llc
Seller's Agent
Nancy Falvey
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
LuAnne Adams
Realty of Maine
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.91%
Original Mortgage
$272,000
Outstanding Balance
$272,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,098
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Deed $340,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2026 01/29/26 Sold $340,000 -12.6% $136 / Sq Ft
12/13/2025 12/13/25 Pending -- -- --
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

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
2025 $5,629 $344,500 $111,700 $232,800
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

Agents Affiliated with this Home

  • N

    Seller's Agent in 2026

    Nancy Falvey

    Better Homes & Gardens Real Estate/The Masiello Group

    (207) 338-3500

    30 in this area

    69 Total Sales

    Nancy Falvey
    Section Image
  • LuAnne Adams

    Buyer's Agent in 2026

    LuAnne Adams

    Realty of Maine

    (207) 322-5930

    58 in this area

    164 Total Sales

    LuAnne Adams
    Section Image

  • S

    Seller's Agent in 2013

    Sonda Chase

    Coldwell Banker American Heritage

    Section Image

  • B

    Buyer's Agent in 2013

    Bill Ingersoll

    Better Homes & Gardens Real Estate/The Masiello Group

    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1641846

Maine Listings

APN: BELF-000014-000000-000012

Maine Waldo County Belfast 04915

159 Waldo Ave, Belfast, ME

Sold

MultiFamily

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