$425,000

228 Water St Hallowell, ME 04347

Estimated payment $2,592/month

Total Views 22,737
-- Bed
2 Baths
1,260 Sq Ft
$337 Price per Sq Ft

Highlights

  • 156 Feet of Waterfront
  • No HOA
  • Carpet
  • Cape Cod Architecture
  • Level Lot
  • Heating System Uses Natural Gas

About This Home

Magnificent Property - Two-bedroom duplex. First floor completely renovated. New kitchen with quartz countertops, fully applianced including washer and dryer. New floors throughout. New natural gas furnace, vinyl siding plus Kennebec River frontage with tremendous views of the river. Second floor unit has private entrance, two bedrooms and full bath. The basement has a poured concrete floor, completely spray foamed for energy efficiency. Another opportunity to have a business on the first floor and rent the second-floor unit. Excellent parking with both units. Walking distance to Historic Hallowell, galleries, shops and restaurants.

Listing Agent

Kim Gleason

McAllister Real Estate Listed on: 09/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,290

Year Built

  • Built in 1850

Lot Details

  • 0.29 Acre Lot
  • 156 Feet of Waterfront
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,260 Sq Ft Home
  • Water Views

Flooring

  • Carpet
  • Laminate

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 190-192
  • Assessor Parcel Number HALL-000009-000000-000190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,290

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • Water Body Name: Kennebec
  • MLS Status: Active
  • Directions: Downtown Hallowell. Use GPS.
  • Above Grade Finished Sq Ft: 1260.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 337.3
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.29
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1260.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Gas:Natural - At Street: Yes
  • Water Info:Waterfront Amount -: 156.0
  • Water Info:Water Frontage Owned -: 156.0
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Advertising Remarks:Advertising Remarks: Magnificent Property - Two-bedroom duplex. First floor completely renovated. New kitchen with quartz countertops, fully applianced including washer and dryer. New floors throughout. New natural gas furnace, vinyl siding plus Kennebec River frontage with tremendous views of the river. Second floor unit has private entrance, two bedrooms and full bath. The basement has a poured concrete floor, completely spray foamed for energy efficiency. Another opportunity to have a business on the first floor and rent the second-floor unit. Excellent parking with both units. Walking distance to Historic Hallowell, galleries, shops and restaurants. FOR MORE DETAILS ON THIS PROPERTY CALL THE LISTING AGENT AT MCALLISTER REAL ESTATE, KIM GLEASON 207-837-3180 OR EMAIL kimgleason@myfairpoint.net.
  • Style:Cape Cod: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Partial
  • Full Bathrooms: 2
  • Flooring: Laminate, Carpet

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Furnace
  • 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: 12632.4
  • Parcel #: HALL-000009-000000-000190
  • Zoning: Downtown

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4290.0
  • Tax Lot: 190-192
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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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 $4,004 $201,200 $91,500 $109,700
2023 $3,375 $146,400 $66,600 $79,800
2022 $3,250 $146,400 $66,600 $79,800
2021 $3,118 $146,400 $66,600 $79,800
2020 $3,148 $146,400 $66,600 $79,800
2019 $2,319 $146,400 $66,600 $79,800
2018 $2,378 $146,400 $66,600 $79,800
2017 $2,884 $146,400 $66,600 $79,800
2016 $2,158 $146,400 $66,600 $79,800
2015 $2,577 $146,400 $66,600 $79,800
2014 $2,577 $146,400 $66,600 $79,800
2013 $2,503 $146,400 $66,600 $79,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 For Sale $425,000 +102.4% $337 / Sq Ft
02/09/2024 02/09/24 Sold $210,000 -61.7% $167 / Sq Ft View Prior Sale
01/13/2024 01/13/24 Pending -- -- --
03/31/2023 03/31/23 For Sale $549,000 +161.4% $436 / Sq Ft
08/07/2015 08/07/15 Sold $210,000 -15.7% $167 / Sq Ft View Prior Sale
05/08/2015 05/08/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $249,000 -- $198 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: Maine Listings

MLS Number: 1638864

Maine Listings

APN: HALL-000009-000000-000190