Waterville, ME Multifamily Homes & Duplexes for Sale

/24
$275,000
- 2 Baths
- 1,788 Sq Ft
5 Boutelle Ave, Waterville, ME 04901

Welcome to 5 Boutelle Street, Waterville! 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 added insulation, and separate brand-new natural

Kirk Toth

Strategic Real Estate Services

(207) 367-1128

5 Boutelle Ave, Waterville, ME 04901
Explore Waterville
/2
$165,000
- 3 Baths
- 3,276 Sq Ft
10-12 Percival Ct, Waterville, ME 04901

Great investment opportunity! Three 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

10-12 Percival Ct, 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
/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
/67
$525,000
- 4 Baths
- 7,092 Sq Ft
86 Silver St, Waterville, ME 04901

Introducing 86 Silver Street, a true piece of Waterville history! Previously owned by Dr. Bisson and his family as a private residence & medical office, the current owners family have had ownership of the property for 55 years. The first unit offers 6 offices, a large conference room and a smaller conference room or office. The original woodwork is just beautiful as are the stained glass accents.

Bart Stevens Century 21 Nason Realty

86 Silver St, 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
$179,900
- 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

Maine Kennebec County Waterville

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.

Learn more about living in Waterville

Home Trends in Waterville, ME

On average, homes in Waterville, ME sell after 28 days on the market compared to the national average of 52 days. The median sale price for homes in Waterville, ME over the last 12 months is $249,950, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$249,950

Median Single Family Sale Price

$259,000

Median Townhouse Sale Price

$225,000

Median 2 Bedroom Sale Price

$157,500

Average Price Per Sq Ft

$163

Number of Homes for Sale

Last 12 months Home Sales

140

Months of Supply

2.50

Median List Price

$250,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Waterville, there are currently 10 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $165,000 to $525,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Waterville is $250,000, while the average sale price is $264,206, offering insights into the local housing market. On average, multi-family homes spend 28 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Waterville, ME.

Waterville Types of Homes for Sale

More About Living in Waterville

Homes in Nearby Cities

Homes in Nearby Counties

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