Have you been searching for a true cash flow opportunity or the perfect owner-occupied setup where your tenants help pay the mortgage? This three-unit property checks all the boxes. It features a spacious 4 bedroom apartment, a 2 bedroom apartment, and a 1 bedroom apartment, all of which have been remodeled within the past few years along with several additional upgrades throughout the property. The location is equally appealing. It is within walking distance to the rejuvenated downtown Waterville area and only minutes from the hospital, highway, colleges, and airport. Updated and affordable three unit properties are rare in this market and always in high demand. Whether you are building your investment portfolio or looking for a smart way to live in one unit while renting the other two, this is an opportunity you will not want to miss!
Pending
$219,900
18 King Street, Waterville, ME 04901
7beds
2,217sqft
:
Get pre-qualified$1,496/mo
Multi Family
Built in 1900
-- sqft lot
$208,500 Zestimate®
$99/sqft
$-- HOA
What's special
- 48 days |
- 232 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Real Broker
Source: Maine Listings,MLS#: 1668861
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Carpet, Laminate, Wood
- Basement: Exterior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,217
- Total interior livable area: 2,217 sqft
- Finished area above ground: 2,217
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces
Features
- Stories: 2
Lot
- Size: 5,227 Square Feet
- Features: City Lot, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level
Details
- Parcel number: WAVLM039B057
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Shingle Siding, Wood Siding
- Foundation: Block, Stone, Brick/Mortar
- Roof: Metal
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waterville
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $83,100
- Annual tax amount: $2,417
- Date on market: 6/25/2026
- Road surface type: Paved
Estimated market value
$208,500
$198,000 - $219,000
$1,423/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Pending sale | $219,900$99/sqft |
Source:  Maine Listings #1668861 Report a problem | ||
| 6/25/2026 | Listed for sale | $219,900-2.2%$99/sqft |
Source: Maine Listings #1668861 Report a problem | ||
| 6/9/2026 | Listing removed | $224,900$101/sqft |
Source: Maine Listings #1653429 Report a problem | ||
| 5/20/2026 | Price change | $224,900-1.8%$101/sqft |
Source: Maine Listings #1653429 Report a problem | ||
| 4/14/2026 | Price change | $229,000-2.6%$103/sqft |
Source: Maine Listings #1653429 Report a problem | ||
| 3/5/2026 | Listed for sale | $235,000+113.6%$106/sqft |
Source: Maine Listings #1653429 Report a problem | ||
| 3/31/2023 | Sold | $110,000-4.3%$50/sqft |
Source: Maine Listings #1551849 Report a problem | ||
| 3/31/2023 | Pending sale | $115,000$52/sqft |
Source: Maine Listings #1551849 Report a problem | ||
| 2/7/2023 | Contingent | $115,000$52/sqft |
Source: Maine Listings #1551849 Report a problem | ||
| 2/3/2023 | Listed for sale | $115,000+4.6%$52/sqft |
Source: Maine Listings #1551849 Report a problem | ||
| 9/25/2022 | Listing removed | -- |
Source: Maine Listings #1522607 Report a problem | ||
| 7/19/2022 | Listed for sale | $109,900$50/sqft |
Source: Maine Listings #1522607 Report a problem | ||
| 7/14/2022 | Pending sale | $109,900$50/sqft |
Source: Maine Listings #1522607 Report a problem | ||
| 7/8/2022 | Price change | $109,900-8.3%$50/sqft |
Source: Maine Listings #1522607 Report a problem | ||
| 3/25/2022 | Listed for sale | $119,900$54/sqft |
Source: Maine Listings #1522607 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,662 +0.5% | $83,100 |
| 2023 | $1,654 +48.7% | $83,100 +93.3% |
| 2022 | $1,112 +1.4% | $43,000 |
| 2021 | $1,097 | $43,000 |
| 2020 | $1,097 -1% | $43,000 |
| 2019 | $1,108 +1.9% | $43,000 |
| 2018 | $1,087 +8.4% | $43,000 |
| 2017 | $1,003 +2.3% | $43,000 |
| 2016 | $980 -25.8% | $43,000 -9.5% |
| 2015 | $1,321 +1.5% | $47,500 |
| 2014 | $1,302 | $47,500 |
| 2013 | $1,302 +6.9% | $47,500 |
| 2012 | $1,218 +4% | $47,500 |
| 2011 | $1,171 +2.1% | $47,500 |
| 2009 | $1,147 -1% | $47,500 |
| 2008 | $1,159 -5.8% | $47,500 |
| 2006 | $1,230 | $47,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 04901
Nearby schools
GreatSchools rating
- 5/10Albert S Hall SchoolGrades: 4-5Distance: 0.7 mi
- 5/10Waterville Junior High SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Waterville Senior High SchoolGrades: 9-12Distance: 0.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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