Two-Unit Investment Opportunity! 32 King Street is a charming New Englander offering an excellent opportunity for investors or owner-occupants looking to build equity and generate rental income. The property features two separate units, five bedrooms, two baths, and flexible living space with classic character throughout.
The main unit offers a spacious eat-in kitchen, comfortable living areas, and access to a lovely three-season porch. The second-floor unit includes its own kitchen, creating a functional setup for separate rental living and added income potential.
With its two-unit configuration, generous bedroom count, this property offers versatility for investors, house hackers, or those seeking a multi-generational living arrangement. Whether you're looking to expand your rental portfolio or occupy one unit while renting the other, 32 King Street presents an exciting opportunity in Waterville's residential market.
Active
$195,000
32 King Street, Waterville, ME 04901
5beds
1,590sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
- 34 days
- 407
- 37
Zillow last checked:
Listing updated:
Listed by:
Tim Dunham Realty 207-729-7297
Source: Maine Listings,MLS#: 1677677
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water, Zoned
Cooling
- None
Features
- 1st Floor Bedroom, In-Law Floorplan
- Flooring: Tile, Vinyl, Wood
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 1,590
- Total interior livable area: 1,590 sqft
- Finished area above ground: 1,590
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Paved, 1 - 4 Spaces
Features
- Patio & porch: Glassed-in Porch, Porch
Lot
- Size: 0.38 Acres
- Features: City Lot, Near Country Club, Near Golf Course, Near Shopping, Neighborhood, Level
Details
- Parcel number: WAVLM039B068
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Granite, Brick/Mortar
- Roof: Shingle
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: $123/sqft
- Tax assessed value: $71,100
- Annual tax amount: $2,307
- Date on market: 9/8/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Price change | $195,000+30%$123/sqft |
Source: | ||
| 11/5/2024 | Pending sale | $150,000-2.9%$94/sqft |
Source: | ||
| 11/4/2024 | Sold | $154,500+3%$97/sqft |
Source: | ||
| 9/11/2024 | Contingent | $150,000$94/sqft |
Source: | ||
| 8/27/2024 | Price change | $150,000-6.3%$94/sqft |
Source: | ||
| 8/14/2024 | Listed for sale | $160,000$101/sqft |
Source: | ||
| 8/1/2024 | Contingent | $160,000$101/sqft |
Source: | ||
| 6/12/2024 | Listed for sale | $160,000$101/sqft |
Source: | ||
| 6/10/2024 | Contingent | $160,000$101/sqft |
Source: | ||
| 5/31/2024 | Listed for sale | $160,000$101/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,422 +0.5% | $71,100 |
| 2023 | $1,415 +47.5% | $71,100 +91.6% |
| 2022 | $959 +1.4% | $37,100 |
| 2021 | $946 | $37,100 |
| 2020 | $946 +191.5% | $37,100 |
| 2019 | $325 -65.4% | $37,100 |
| 2018 | $938 +8.3% | $37,100 |
| 2017 | $866 +2.4% | $37,100 |
| 2016 | $846 -35.8% | $37,100 -21.7% |
| 2015 | $1,318 +1.5% | $47,400 |
| 2014 | $1,299 | $47,400 |
| 2013 | $1,299 +6.8% | $47,400 |
| 2012 | $1,216 +25% | $47,400 +20.1% |
| 2011 | $973 -15% | $39,480 -16.7% |
| 2009 | $1,145 -1% | $47,400 |
| 2008 | $1,157 -5.8% | $47,400 |
| 2006 | $1,228 | $47,400 |
Find assessor info on the county website
Monthly payment
Est. payment







