Closed

$430,000

219 Waldo Avenue, Belfast, ME 04915

8beds

1,560sqft

Multi Family

Built in 1971

-- sqft lot

$555,300 Zestimate^®

$276/sqft

$1,706 Estimated rent

Home value

$555,300

$472,000 - $655,000

$1,706/mo

Zestimate^® history

Owner options

List your home for rent

$1,706/mo

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$1,706/mo

Rent Zestimate^®

Refinance and save

$2,205/mo

Est. payment

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$2,205/mo

Est. payment

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What's special

This 4-unit, 2-bedroom apartment building in Belfast offers a fantastic investment opportunity. With one unit currently vacant, you can move in while the rental income from the remaining three units helps offset the mortgage. The property also features a spacious 4-bay garage, formerly operated as BJ's, which will be fully cleared out by the end of April—presenting endless possibilities for use. Situated on 1.9 acres, this property provides both space and convenience, with easy access to nearby services. Don't miss out on this versatile and income-generating opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Hot Water

Cooling

None

Features

1st Floor Bedroom
Flooring: Laminate, Wood
Basement: Bulkhead,Dirt Floor,Partial

Interior area

Total structure area: 1,560
Total interior livable area: 1,560 sqft
Finished area above ground: 1,560
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Common, Gravel, 21+ Spaces, On Site, Garage Door Opener, Detached
Garage spaces: 4

Features

Patio & porch: Porch

Lot

Size: 1.90 Acres
Features: City Lot, Near Town, Level, Open Lot, Sidewalks

Details

Additional structures: Outbuilding
Parcel number: BELFM015L012A
Zoning: Commercial

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Shingle Siding, Wood Siding
Foundation: Slab, Gravel/Pad
Roof: Shingle

Condition

Year built: 1971

Utilities & green energy

Electric: On Site, Circuit Breakers
Sewer: Private Sewer, Septic Tank
Water: Private, Well
Utilities for property: Utilities On, Pole

Community & neighborhood

Location

Region: Belfast

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
5/26/2025	Pending sale	$549,000+27.7%$352/sqft
Source: Maine Listings #1615838 Report a problem
5/22/2025	Sold	$430,000-21.7%$276/sqft
Source: Maine Listings #1615838 Report a problem
3/20/2025	Contingent	$549,000$352/sqft
Source: Maine Listings #1615838 Report a problem
3/11/2025	Listed for sale	$549,000$352/sqft
Source: Maine Listings #1615838 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,543 +2.3%	$424,900 +33.6%
2023	$6,394 -2.6%	$318,100 +3.7%
2022	$6,566 -2.7%	$306,800
2021	$6,750 -0.6%	$306,800 +5.3%
2020	$6,790 +11.3%	$291,400 +9.3%
2019	$6,103 +0.9%	$266,500
2018	$6,050 +3.7%	$266,500
2017	$5,836 -4.4%	$266,500
2016	$6,103 +2.2%	$266,500
2015	$5,970 +3.5%	$266,500
2014	$5,770 +19.6%	$266,500
2011	$4,824	$266,500
2009	--	$266,500
2008	--	$266,500