$259,000
$6K PRICE DROP

31 High St Waterville, ME 04901

Estimated payment $1,699/month

Total Views 2,401
-- Bed
2 Baths
2,628 Sq Ft
$99 Price per Sq Ft

Highlights

  • Country Club
  • Wood Flooring
  • Double Pane Windows
  • Colonial Architecture
  • No HOA
  • Property is near golf course and shops

About This Home

Have you been searching for a true cash flow opportunity or the perfect owner-occupied setup where your tenant helps pay the mortgage? This duplex checks all the boxes. It features two massive units with nearly identical layouts, both updated within the last few years. Each unit offers three bedrooms, a kitchen, living room, and a full bathroom. The downstairs unit also features a dining room and a bright sunroom, the perfect spot for your morning coffee. The upstairs unit includes a large entry/mudroom that provides additional storage space. Outside, the large in-town lot offers a one car garage and a spacious fenced in yard, giving kids and pets plenty of room to play safely. The location is equally appealing, just minutes from the rejuvenated downtown Waterville area, the hospital, highway access, local colleges, and the airport. Whether you are building your investment portfolio or looking for a smart way to live in one unit while renting the other, this is an opportunity you will not want to miss!

Listing Agent

Corey Lee

Real Broker Listed on: 03/06/2026

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,902

Year Built

  • Built in 1912

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts a freeway

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,628 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Interior Basement Entry

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

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

Additional Features

  • Doors are 32 inches wide or more
  • Property is near golf course and shops

Listing and Financial Details

  • Tax Lot 296
  • Assessor Parcel Number WAVL-000057-000000-000296

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $9,511
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,902

Year Built

Built in 1912

Lot Details

8,276 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • MLS Status: Active
  • Subdivision Name: 0
  • Directions: GPS Compatible.
  • Above Grade Finished Sq Ft: 2628.0
  • Architectural Style: Colonial, Other
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1912
  • Contract Information:List PriceSqFt: 98.55
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Deed Restrictions: Unknown
  • Water Info:Island3: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Interior Entry
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Laminate, Other, Tile, Wood
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Waterfront: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Waterville Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: WAVL-000057-000000-000296
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 9511.17

Tax Info

  • Tax Annual Amount: 3902.0
  • Tax Block: 0
  • Tax Lot: 296
  • Tax Year: 2025

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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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
2025 $3,902 $229,500 $14,100 $215,400
2024 $3,720 $186,000 $10,900 $175,100
2023 $3,701 $186,000 $10,900 $175,100
2022 $2,112 $81,700 $8,200 $73,500
2021 $2,050 $80,400 $8,200 $72,200
2020 $2,071 $80,400 $8,200 $72,200
2019 $2,071 $80,400 $8,200 $72,200
2018 $2,032 $80,400 $8,200 $72,200
2017 $1,876 $80,400 $8,200 $72,200
2016 $1,833 $80,400 $8,200 $72,200
2015 $1,612 $58,000 $9,400 $48,600
2014 $1,589 $58,000 $9,400 $48,600
2013 $1,589 $58,000 $9,400 $48,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2026 04/14/26 Price Changed $259,000 -2.3% $99 / Sq Ft
03/06/2026 03/06/26 For Sale $265,000 +47.3% $101 / Sq Ft
03/30/2023 03/30/23 Sold $179,900 0.0% $68 / Sq Ft View Prior Sale
02/07/2023 02/07/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $179,900 +42.2% $68 / Sq Ft
10/01/2021 10/01/21 Sold $126,500 -27.7% $48 / Sq Ft View Prior Sale
07/29/2021 07/29/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $175,000 +116.3% $67 / Sq Ft
02/15/2019 02/15/19 Sold $80,900 -29.6% $39 / Sq Ft View Prior Sale
12/31/2018 12/31/18 Pending -- -- --
10/04/2017 10/04/17 For Sale $114,900 -- $56 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $179,900 None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $143,920 Commercial
Previous Owner $101,200 Purchase Money Mortgage
Previous Owner $79,434 FHA
Previous Owner $106,400 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Maine Listings

MLS Number: 1653532

Maine Listings

APN: WAVL-000057-000000-000296

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