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  • $320,000

    117 Dresden Avenue, Gardiner, ME 04345

    4beds
    2,196sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $330,200 Zestimate®
    $146/sqft
    $1,458 Estimated rent

    Home value

    $330,200

    $284,000 - $373,000

    $1,458/mo

    Zestimate® history
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    What's special

    Unlock rare income potential in Gardiner's historic neighborhood! This fully renovated 2-unit apartment house offers charm, cash flow, and future upside. All within walking distance to parks, the downtown, the Kennebec River Rail Trail, and the river itself. Each unit is approx. 1,089 sq. ft. and features 2 bedrooms and 1 bath, gleaming hardwood floors, tiled baths, updated kitchens, and in-unit washer & dryers. The second-floor unit even includes a spacious walk-in closet off the primary bedroom, a tenant favorite! All major systems, including heating, plumbing, electrical, kitchen, and baths, were upgraded in 2019. Long-term leases mean immediate rental income, and the third-floor attic space with one bedroom already built is city-approved for conversion to a 1-bed unit, bringing potential for an extra $1,450/month. Numerous ways to add value make this a smart play for investors and owner-occupants alike. Outside, enjoy a farmer's porch perfect for relaxing, a stream running through the backyard, and a garage with bonus storage above. Private driveways add convenience for tenants. While the exterior needs paint, the property is priced accordingly, offering a solid opportunity to build equity quickly. Gardiner remains one of Maine's most desirable spots for its small-town feel, scenic surroundings, and steady rental demand. With a cost of living below the national average and easy access to I-95 and Portland, tenants love calling it home. Don't miss your chance to see this rare multi-unit before it's gone. Come envision your next great investment or house hack right here in Gardiner.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Dunham Realty 207-729-7297

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1629237MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water, Radiator
    Cooling
    • None
    Features
    • Flooring: Vinyl, Wood
    • Basement: Interior Entry,Full
    Interior area
    • Total structure area: 2,196
    • Total interior livable area: 2,196 sqft
    • Finished area above ground: 2,196
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Paved, 5 - 10 Spaces, Off Street
    • Garage spaces: 1
    Lot
    • Size: 0.68 Acres
    • Features: Neighborhood, Rural, Level, Open Lot, Sidewalks
    Details
    • Additional structures: Barn(s)
    • Parcel number: GARRM031B155
    • Zoning: RES

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Clapboard
    • Roof: Shingle
    Condition
    • Year built: 1880

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Pole

    Community & HOA

    Location
    • Region: Gardiner

    Financial & listing details

    • Price per square foot: $146/sqft
    • Tax assessed value: $133,000
    • Annual tax amount: $3,405
    • Date on market: 8/2/2025

    Price history

    DateEventPrice
    9/9/2025Sold$320,000+3.2%$146/sqft
    Source: Maine Listings #1629237 Report a problem
    8/7/2025Pending sale$310,000$141/sqft
    Source: Maine Listings #1629237 Report a problem
    8/2/2025Price change$310,000+3.4%$141/sqft
    Source: Maine Listings #1629237 Report a problem
    7/13/2025Pending sale$299,900$137/sqft
    Source: Maine Listings #1629237 Report a problem
    7/10/2025Listed for sale$299,900+349.1%$137/sqft
    Source: Maine Listings #1629237 Report a problem
    2/22/2019Sold$66,775-7.3%$30/sqft
    Source: Maine Listings #1400223 Report a problem
    1/10/2019Price change$72,000-10%$33/sqft
    Source: Patry Family Realty, Inc. #1400223 Report a problem
    12/5/2018Listed for sale$80,000$36/sqft
    Source: Patry Family Realty, Inc. #1400223 Report a problem
    6/26/2015Listing removed--
    Source: Auction.com Report a problem
    5/7/2015Listed for sale--
    Source: Auction.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,405 +8%$133,000
    2023$3,152 +6.7%$133,000
    2022$2,953 +2.3%$133,000
    2021$2,886 $133,000
    2020$2,886 $133,000
    2019$2,886 +1.4%$133,000
    2018$2,846 -2.7%$133,000
    2017$2,926 +2.3%$133,000
    2016$2,860 -0.5%$133,000
    2015$2,873 +4.9%$133,000
    2014$2,740 +3.5%$133,000
    2013$2,647 $133,000
    2012$2,647 $133,000
    2011$2,647 +3.7%$133,000 -10.4%
    2009$2,552 $148,400
    Find assessor info on the county website

    Neighborhood: 04345

    Nearby schools

    GreatSchools rating
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