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  • $175,000

    42 Carey Lane, Waterville, ME 04901

    4beds
    1,690sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $175,000 Zestimate®
    $104/sqft
    $1,425 Estimated rent

    Home value

    $175,000

    $158,000 - $194,000

    $1,425/mo

    Zestimate® history
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    Owner options

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    $1,425/mo

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    $1,425/mo

    Rent Zestimate®

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    $1,171/mo

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    $1,171/mo

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    What's special

    Have you been searching for a true cash flow opportunity or the perfect owner-occupied setup where your tenant helps pay the mortgage? This updated duplex checks all the boxes. It features two spacious units with nearly identical layouts, both updated within the last few years. Each unit offers a large kitchen, comfortable living room, and two generous bedrooms. The downstairs unit includes a convenient laundry room, while the upstairs unit has an additional room that could be used as a third bedroom, office, or whatever you envision. 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 apartment buildings are rare in this market and 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, this is an opportunity you will not want to miss!

    Zillow last checked:

    Listing updated:

    Listed by:

    Real Broker

    Bought with:

    Cates Real Estate

    Cates Real Estate

    Source: Maine Listings,MLS#: 1653321MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • Flooring: Laminate, Vinyl
    • Basement: Interior Entry,Full,Partial,Unfinished
    Interior area
    • Total structure area: 1,690
    • Total interior livable area: 1,690 sqft
    • Finished area above ground: 1,690
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 1 - 4 Spaces
    Lot
    • Size: 2,178 sqft
    • Features: City Lot, Near Country Club, Near Golf Course, Near Turnpike/Interstate, Level
    Details
    • Parcel number: WAVLM039B117
    • Zoning: RCCB

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding, Wood Siding
    • Foundation: Stone, Brick/Mortar
    • Roof: Fiberglass,Metal,Pitched,Shingle
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Waterville

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/16/2026Sold$175,000+1.4%$104/sqft
    Source: Maine Listings #1653321 Report a problem
    4/8/2026Pending sale$172,500$102/sqft
    Source: Maine Listings #1653321 Report a problem
    3/4/2026Listed for sale$172,500+57.5%$102/sqft
    Source: Maine Listings #1653321 Report a problem
    3/6/2023Sold$109,500-8.7%$65/sqft
    Source: Maine Listings #1541411 Report a problem
    1/10/2023Pending sale$119,900$71/sqft
    Source: Maine Listings #1541411 Report a problem
    10/25/2022Price change$119,900-7.7%$71/sqft
    Source: Maine Listings #1541411 Report a problem
    9/22/2022Price change$129,900-7.1%$77/sqft
    Source: Maine Listings #1541411 Report a problem
    8/29/2022Listed for sale$139,900+249.8%$83/sqft
    Source: Maine Listings #1541411 Report a problem
    4/12/2022Sold$40,000+0.3%$24/sqft
    Source: Maine Listings #1522035 Report a problem
    3/19/2022Pending sale$39,900$24/sqft
    Source: Maine Listings #1522035 Report a problem
    3/18/2022Listed for sale$39,900+122.8%$24/sqft
    Source: Maine Listings #1522035 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    10/24/2014Listing removed$650
    Source: Owner Report a problem
    9/28/2014Listed for rent$650-3.7%
    Source: Owner Report a problem
    1/30/2012Listing removed$675
    Source: Red Dog Realty Report a problem
    12/31/2011Listed for rent$675
    Source: Red Dog Realty Report a problem
    8/13/2010Listing removed$17,910$11/sqft
    Source: Real Estate Disposition #P10006T Report a problem
    6/19/2010Price change$17,910-10%$11/sqft
    Source: foreclosure.com Report a problem
    4/11/2010Price change$19,900-20.4%$12/sqft
    Source: foreclosure.com Report a problem
    1/16/2010Price change$25,000$15/sqft
    Source: foreclosure.com Report a problem
    1/15/2010Listed for sale--
    Source: foreclosure.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,202 +0.5%$60,100
    2023$1,196 +50.6%$60,100 +95.8%
    2022$794 +1.4%$30,700
    2021$783 $30,700
    2020$783 -1%$30,700
    2019$791 +1.9%$30,700
    2018$776 +8.4%$30,700
    2017$716 +2.3%$30,700
    2016$700 -9.8%$30,700 +10%
    2015$776 +1.6%$27,900
    2014$764 $27,900
    2013$764 +6.7%$27,900
    2012$716 +4.1%$27,900
    2011$688 +2.1%$27,900
    2009$674 -1%$27,900
    2008$681 -5.8%$27,900
    2006$723 $27,900

    Find assessor info on the county website

    Neighborhood: 04901

    Nearby schools

    GreatSchools rating
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