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Waterville, ME Multifamily Homes & Duplexes for Sale

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  • /26

    $199,900

    • 2 Baths
    • 2,628 Sq Ft

    40 Winter St, Waterville, ME 04901

    VIRTUAL 360 ONLINE TOUR AVAILABLE. Investment Opportunity in the Heart of Waterville! Nestled in a desirable neighborhood close to local schools and Waterville's vibrant downtown, this true 2-unit property offers both size and potential. With approximately 2,638± sq. ft. of living space, this larger multi-family provides tenants with spacious accommodations rarely found in comparable rentals.

    Nicholas Corrow Your Home Sold Guaranteed Realty

    40 Winter St, Waterville, ME 04901
  • /60

    $229,000

    • 2 Baths
    • 1,620 Sq Ft

    10 Leighton St, Waterville, ME 04901

    Discover the perfect blend of investment potential and owner-occupied living in this well-maintained 2-unit building just steps from downtown and only 0.2 miles from Head of Falls Park and the scenic RiverWalk. The first-floor unit is fully renovated and move-in ready, offering 2 bedrooms, fresh updates, and immediate occupancy for a new owner or tenant. The second-floor unit also features 2

    Dustin Larochelle Fontaine Family-The Real Estate Leader

    10 Leighton St, Waterville, ME 04901
  • /28

    $269,900

    • 3 Baths
    • 2,214 Sq Ft

    8 High St, Waterville, ME 04901

    Beautiful 3-Unit Multi-Family in a Desirable NeighborhoodDiscover a fantastic investment opportunity with this well-maintained three-unit property located in a highly sought-after, quiet neighborhood. Two of the units are spacious 2-bedroom apartments, each offering generous living areas, abundant natural light, and comfortable layouts perfect for families or long-term tenants. The third unit

    Renee Roy Better Homes & Gardens Real Estate/The Masiello Group

    8 High St, Waterville, ME 04901
  • /6

    $239,900

    • 3 Baths
    • 3,414 Sq Ft

    11 College Ave, Waterville, ME 04901

    This profitable 3-unit income property is in an excellent location at the edge of downtown Waterville! Easy walking distance to shops, entertainment, pubs, fine dining restaurants, and a quality hotel.

    Brian York Adams Realty

    11 College Ave, Waterville, ME 04901
  • /5

    $185,000

    • 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 features

    Sam Prindle Tim Dunham Realty

    5 Collette St, Waterville, ME 04901
  • /34

    $259,900

    • 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

    $165,000

    • 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
  • /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
  • /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
  • /35

    $109,000

    • 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
$256,000
Median Townhouse Sale Price
$237,500
Median 2 Bedroom Sale Price
$174,900
Average Price Per Sq Ft
$162
Number of Homes for Sale
33
Last 12 months Home Sales
146
Months of Supply
2.70
Median List Price
$250,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
1%
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