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Waterville, ME Multifamily Homes & Duplexes for Sale

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  • /24

    $275,000

    • 2 Baths
    • 1,788 Sq Ft

    5 Boutelle Ave, Waterville, ME 04901

    Welcome to 5 Boutelle Avenue, Waterville! Seller is open to SELLER FINANCING discussions. This well-maintained two-unit property offers an excellent investment opportunity or owner-occupied option. Each unit features 2 bedrooms and 1 bath, providing comfortable living space just minutes from downtown Waterville, Colby College, and local amenities. Recent upgrades include updated electrical, some

    Agent Photo

    Kirk Toth

    Strategic Real Estate Services

    (207) 367-1128

    5 Boutelle Ave, Waterville, ME 04901
  • /32

    $314,900

    • 2 Baths
    • 2,128 Sq Ft

    134 Silver St, Waterville, ME 04901

    Wonderful 2-unit in the heart of Waterville. Each unit occupies its own floor, offering privacy and comfort. Features include hardwood floors, sun porches, updated baths, and a 2-car garage. Convenient in-town location close to shopping restaurants and colleges. Great opportunity for owner occupancy or an investment!

    Kirstin McQuillan Century 21 Nason Realty

    134 Silver St, Waterville, ME 04901
  • /56

    $275,000 Open Sat 10AM - 12PM

    • 2 Baths
    • 1,814 Sq Ft

    9 Tardiff St, Waterville, ME 04901

    Looking to invest in a property that practically pays you back while you sleep? With two bright apartments ... both featuring 2 BR/1 bath and direct access to the deck overlooking the private backyard. Unit 1 is larger and includes a dining room and full basement with laundry. You'll find some original hardwood floors and built-ins add charm. Whether you choose to occupy one unit while

    Tanya Busch Maine Real Estate Pros

    9 Tardiff St, Waterville, ME 04901
  • /5

    $150,000

    • 2.5 Baths
    • 1,904 Sq Ft

    5 Collette St, Waterville, ME 04901

    Excellent Investment Opportunity - Two-Unit Property with Strong PotentialThis two-unit property presents a fantastic opportunity for investors, contractors, or owner-occupants seeking a value-add project. Situated in a convenient Waterville neighborhood close to shopping, schools, and commuter routes, this property offers solid fundamentals and ample room for improvement.Each unit

    Sam Prindle Tim Dunham Realty

    5 Collette St, Waterville, ME 04901
  • /34

    $285,000

    • 2 Baths
    • 2,346 Sq Ft

    55 Western Ave, Waterville, ME 04901

    Discover an exceptional opportunity with this updated multi-family property offering both modern comfort and untapped potential. This property is currently vacant and easy to show, providing the new owners endless opportunities. The home features two spacious units—one fully renovated and move-in ready, and the other primed for the next owner's finishing touches. Unit B offers two bedrooms and

    Ryley Austin Hearth & Key Realty

    55 Western Ave, Waterville, ME 04901
  • /2

    $185,000

    • 2 Baths
    • 2,726 Sq Ft

    12 Center St, Waterville, ME 04901

    Great investment opportunity! Two unit in very convenient location - only a short walk to downtown Waterville. Property has a strong rental history.

    Donald Plourde Coldwell Banker Plourde Real Estate

    12 Center St, Waterville, ME 04901
  • /74

    $259,900

    • 2 Baths
    • 3,264 Sq Ft

    44 Silver St, Waterville, ME 04901

    Step into this timeless Victorian style two unit home that offers the perfect blend of charm, space and convenience in the amazing location of downtown Waterville. Local restaurants, shopping, Colby events and more are just a short walk away!This well cared for historic home has maintained much of its original charm with hardwood floors, slate sinks, Butlers Pantry with built in ice chest,

    Dawn Gilman Century 21 Nason Realty

    44 Silver St, Waterville, ME 04901
  • /42

    $215,000

    • 2 Baths
    • 2,363 Sq Ft

    144 College Ave, Waterville, ME 04901

    Are you searching for a high-visibility location for your business or a rock solid investment in one of Waterville's busiest corridors? This property on College Avenue delivers both. With plenty of parking and a right of way onto Walnut Street, it offers unbeatable flexibility. The building has already been home to several successful businesses and is ready to be transformed into its next

    Corey Lee Real Broker

    144 College Ave, Waterville, ME 04901
  • /47

    $329,900

    • 4 Baths
    • 2,520 Sq Ft

    30-32 Green St, Waterville, ME 04901

    Welcome to your perfect new investment property! The impressively spacious duplex has 2 identical sides that consists of 3 bedrooms and 2 full bathrooms and over 1200 sq ft of living space each! The property is turn key with many updates already done for you.New LVP floors, fresh paint, modern fixtures on each side. A new on-demand boiler and hot water heater have been installed and side #32

    Sarah Donnell Plowman Realty Group

    30-32 Green St, Waterville, ME 04901
  • /13

    $199,900

    • 2 Baths
    • 1,632 Sq Ft

    12 Gold St, Waterville, ME 04901

    Turnkey income property featuring two spacious 2-bed, 1-bath units, each with washer/dryer hookups and tenants already in place. Property is ideally located near shopping, dining, transit, and schools, offering convenience for renters and strong demand for investors. Don't miss your opportunity to schedule a showing today!

    Francois Rodrigue Keller Williams Realty

    12 Gold St, Waterville, ME 04901
  • /14

    $249,900

    • 2 Baths
    • 1,942 Sq Ft

    59 Summer St, Waterville, ME 04901

    Two-Family Home in Waterville, Maine - Conveniently located near shopping, grocery stores, and local amenities, this two-unit property is great for investors or buyers looking to owner-occupy. One unit is currently vacant and ready for immediate occupancy. Don't miss this great opportunity—schedule your showing today!

    Francois Rodrigue Keller Williams Realty

    59 Summer St, Waterville, ME 04901
  • /8

    $400,000

    • 4 Baths
    • 2,125 Sq Ft

    267 Main St, Waterville, ME 04901

    Opportunity knocks with this 4-unit apartment building, perfect for investors or owner-occupants! Each unit features 1 bedroom and 1 bathroom, offering a comfortable and manageable living space for tenants. The property has a **3-car garage**, providing additional storage or potential rental income. Tenants are responsible for their own electricity and heat, making this an excellent

    Francois Rodrigue Keller Williams Realty

    267 Main St, Waterville, ME 04901
  • /24

    $449,000

    • 7 Baths
    • 3,548 Sq Ft

    31 Elm St Unit 29, Waterville, ME 04901

    7 apartments in 2 buildings! Great set of units in a perfect location close to everything.

    Daniel Hildebrandt AllMaineHomes, LLC

    31 Elm St Unit 29, Waterville, ME 04901
  • /15

    $195,000

    • 2 Baths
    • 2,152 Sq Ft

    8 Autumn St, Waterville, ME 04901

    Two-unit apartment building being offered for sale in Waterville. Each unit has had recent updates, making the property a great investment or owner-occupied opportunity.The first-floor unit has new carpeting, updated kitchen flooring, updated windows, and updated light fixtures throughout. The second-floor unit has been fully rewired, updated painting and flooring as well.Shared front hallway has

    Charlie Hippler CORE

    8 Autumn St, Waterville, ME 04901
  • /25

    $169,900

    • 2 Baths
    • 1,224 Sq Ft

    6 Spring St, Waterville, ME 04901

    Discover this well-maintained two-unit building, each offering a 1-bedroom, 1-bath apartment. Recent updates include a newly paved driveway, a repointed chimney, and fresh shingles on the back side of the roof. Don't miss this great opportunity—schedule a showing today!

    Francois Rodrigue Keller Williams Realty

    6 Spring St, Waterville, ME 04901
  • /35

    $119,900

    • 3 Baths
    • 2,028 Sq Ft

    220 Water St, Waterville, ME 04901

    This 2-unit duplex offers a fantastic opportunity for those looking to build equity through renovation. Each spacious unit features 2 bedrooms and 1 bath, providing excellent potential for strong rental income once updated. Both units are currently vacant, giving the new owner the flexibility to complete improvements at their own pace and choose tenants. Conveniently located near downtown

    Crystal Fontaine-Bergeron Fontaine Family-The Real Estate Leader

    220 Water St, Waterville, ME 04901

Why Live in Waterville

Waterville, ME, a college town on the Kennebec River, blends historical charm with modern revitalization. The presence of Colby College and Thomas College infuses the town with a vibrant academic atmosphere. Main Street has seen significant investment, including a $200 million contribution from Colby College, leading to the conversion of the old Lockwood Mill into multi-family units and the expansion of sidewalks for open-air dining. The town's housing options are diverse, ranging from large colonial homes to classic Cape Cods and ranches, often set on tree-lined lots. Seasonal activities abound, with the Belgrade Lakes just 20 minutes away offering beaches, kayaking, and canoeing. The North Street Recreation Area provides a playground, trails, athletic facilities, and a pool with a water park, making it a hub for family-friendly activities. Waterville's Main Street is a culinary hotspot with cafes, pubs, bakeries, and restaurants like Amici’s, known for its authentic Italian cuisine. Retail options are plentiful with shopping centers like Elm Plaza housing large stores such as Walmart and Hannaford. Commuting is facilitated by U.S. Route 201 and Interstate 95, making downtown Augusta accessible in under 20 miles. Waterville has a crime rate lower than the national average, with property crimes being more common than violent crimes.

Home Trends in Waterville, ME

Housing Trends

Median Sale Price
$250,000
Median Single Family Sale Price
$263,450
Median Townhouse Sale Price
$227,500
Median 2 Bedroom Sale Price
$157,500
Average Price Per Sq Ft
$162
Number of Homes for Sale
34
Last 12 months Home Sales
142
Months of Supply
2.90
Median List Price
$259,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%
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