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  • $1,300,000

    145-147 Main Street, Waterville, ME 04901

    7beds
    9,854sqft
    : 
    $8,339/mo
    Get pre-qualified
    Multi Family
    Built in 1870
    -- sqft lot
    $1,207,800 Zestimate®
    $132/sqft
    $-- HOA

    What's special

    Street-level commercial spacesOutstanding main street exposure
    Excellent investment opportunity featuring **four residential apartments and two commercial rental spaces** in the heart of downtown Waterville. With six income-producing units under one roof, this well-maintained mixed-use property offers diversified cash flow, long-term appreciation potential, and flexibility for a variety of investment strategies. The residential portion includes **two 1-bedroom apartments, one 3-bedroom apartment, and a spacious 2-bedroom owner's unit overlooking Main Street**. The owner's unit can continue to serve as an owner-occupied residence or be converted into an additional income-producing rental, maximizing revenue potential. The street-level commercial spaces are occupied by **Waterville House of Pizza** and **Soul Revival**, two established businesses that benefit from outstanding Main Street exposure and consistent traffic. The combination of residential and commercial tenants provides multiple income streams while helping reduce investment risk. Ideally located near Colby College, downtown shopping, restaurants, healthcare, and major transportation routes, this property is well positioned to benefit from Waterville's continued growth and revitalization. Investors will appreciate the strong location, established tenancy, and opportunity for future rental income growth. Whether you're adding to an investment portfolio, completing a 1031 exchange, or searching for a mixed-use property with proven income potential, this property deserves your attention. **Possible owner financing may be available to qualified buyers**, providing added flexibility for acquisition. Opportunities to purchase a property offering **four residential rental units, two commercial spaces, diversified income, and a prime downtown location** are increasingly rare.
    43 days
    |
    198
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Berkshire Hathaway HomeServices Northeast Real Estate

    Source: Maine Listings,MLS#: 1646269MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Forced Air, Heat Pump, Hot Water
      Cooling
      • Central Air, Other, Heat Pump
      Features
      • Flooring: Concrete, Other
      • Basement: Interior Entry,Walk-Out Access,Full
      Interior area
      • Total structure area: 9,854
      • Total interior livable area: 9,854 sqft
      • Finished area above ground: 9,854
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: No Driveway, 1 - 4 Spaces, Other, Paved, On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Other Accessibilities
      Features
      • Levels: Multi/Split
      • Stories: 2
      • Has view: Yes
      • View description: Scenic
      Lot
      • Size: 2,613 Square Feet
      • Features: Business District, City Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Other, Level, Sidewalks
      Details
      • Zoning: CA
      • Other equipment: Internet Access Available

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Masonry, Brick, Glass
      • Foundation: Poured Concrete
      • Roof: Membrane
      Condition
      • Year built: 1870

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: HVAC

      Community & HOA

      Community
      • Security: Fire Sprinkler System
      Location
      • Region: Waterville

      Financial & listing details

      • Price per square foot: $132/sqft
      • Annual tax amount: $5,994
      • Date on market: 7/12/2026
      • Listing terms: Owner May Carry
      • Road surface type: Paved

        Estimated market value

        $1,207,800

        $1.15M - $1.27M

        $1,521/mo

        Price history

        DateEventPrice
        7/12/2026Listed for sale$1,300,000$132/sqft
        Source: Maine Listings #1646269 Report a problem
        2/26/2026Listing removed$1,300,000$132/sqft
        Source: BHHS broker feed #1646269 Report a problem
        1/26/2026Price change$1,300,000-13.3%$132/sqft
        Source: Maine Listings #1646269 Report a problem
        1/11/2026Price change$1,500,000+30.4%$152/sqft
        Source: Maine Listings #1646269 Report a problem
        12/11/2025Listed for sale$1,150,000$117/sqft
        Source: Maine Listings #1646269 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 04901

        Getting around

        87 / 100
        Very Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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