Located just a short walk from historic downtown Gardiner, this well maintained three unit multi family property offers a fantastic investment opportunity with a strong rental history and quality long term tenants. Numerous updates and improvements have been completed over the years, including a newer heating system, updated windows, newer water heater, kitchen updates/remodels, and a newer roof. Whether you're looking to expand your portfolio or owner occupy while generating income, this property offers solid potential in a convenient location close to shops, restaurants, and local amenities. Schedule your private showing today!
Closed
$316,000
51 Spring Street, Gardiner, ME 04345
5beds
2,683sqft
Multi Family
Built in 1900
-- sqft lot
$315,300 Zestimate®
$118/sqft
$1,718 Estimated rent
Home value
$315,300
$300,000 - $331,000
$1,718/mo
Zestimate® history
Owner options
List your home for rent
$1,718/mo
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$1,718/mo
Rent Zestimate®
Refinance and save
$1,970/mo
Est. payment
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$1,970/mo
Est. payment
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List your homeWhat's special
Newer heating systemUpdated windowsNewer water heaterNewer roof
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Realty
Bought with:
The Maine Real Estate Experience
Source: Maine Listings,MLS#: 1663645
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Carpet, Vinyl
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 2,683
- Total interior livable area: 2,683 sqft
- Finished area above ground: 2,683
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, On Site, Off Street
Lot
- Size: 0.32 Acres
- Features: City Lot, Near Shopping, Neighborhood, Level, Open Lot
Details
- Parcel number: GARRM037B078
- Zoning: 12
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone, Poured Concrete, Brick/Mortar
- Roof: Composition,Fiberglass,Other
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, Fuses
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Gardiner
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $133,300
- Annual tax amount: $3,506
- Date on market: 5/23/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Sold | $316,000-1.3%$118/sqft |
Source:  Maine Listings #1663645 Report a problem | ||
| 6/3/2026 | Pending sale | $320,000$119/sqft |
Source: Maine Listings #1663645 Report a problem | ||
| 5/23/2026 | Listed for sale | $320,000+43.8%$119/sqft |
Source: Maine Listings #1663645 Report a problem | ||
| 2/24/2022 | Sold | $222,500-10.6%$83/sqft |
Source: Maine Listings #1516523 Report a problem | ||
| 1/13/2022 | Pending sale | $249,000$93/sqft |
Source: Maine Listings #1516523 Report a problem | ||
| 1/4/2022 | Listed for sale | $249,000$93/sqft |
Source: Maine Listings #1516523 Report a problem | ||
| 12/28/2021 | Pending sale | $249,000$93/sqft |
Source: Maine Listings #1516523 Report a problem | ||
| 12/14/2021 | Listed for sale | $249,000$93/sqft |
Source: Maine Listings #1516523 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,412 +8% | $133,300 |
| 2023 | $3,159 +6.8% | $133,300 |
| 2022 | $2,959 +2.3% | $133,300 |
| 2021 | $2,893 | $133,300 |
| 2020 | $2,893 | $133,300 |
| 2019 | $2,893 +1.4% | $133,300 |
| 2018 | $2,853 -2.7% | $133,300 |
| 2017 | $2,933 +2.3% | $133,300 |
| 2016 | $2,866 -0.5% | $133,300 |
| 2015 | $2,879 +4.8% | $133,300 |
| 2014 | $2,746 +3.5% | $133,300 |
| 2013 | $2,653 | $133,300 |
| 2012 | $2,653 -3% | $133,300 -3.1% |
| 2011 | $2,736 +3.8% | $137,500 -10.3% |
| 2009 | $2,637 | $153,300 |
| 2008 | -- | $153,300 |
Find assessor info on the county website
Neighborhood: 04345
Nearby homes
- $296,900-- bd-- ba2.8k sqft47 Spring St, Gardiner, ME 04345Off Market
- $--2 bd1 ba1.2k sqft47 Spring St #2, Gardiner, ME 04345Off Market
- $261,3003 bd2 ba2k sqft57 Spring St, Gardiner, ME 04345Off Market
- $198,6003 bd1 ba1.9k sqft43 Spring St, Gardiner, ME 04345Off Market
- $260,8002 bd1 ba1.3k sqft59 Spring St, Gardiner, ME 04345Off Market
- $277,600-- bd2 ba4.3k sqft69 Spring St, Gardiner, ME 04345Off Market
- $229,4003 bd1 ba1.3k sqft44 Spring St, Gardiner, ME 04345Off Market
- $299,0004 bd2 ba2.3k sqft54 Spring St, Gardiner, ME 04345Sold
Nearby schools
GreatSchools rating
- NALaura E Richards SchoolGrades: PK-2Distance: 1.1 mi
- 5/10Gardiner Regional Middle SchoolGrades: 6-8Distance: 1.8 mi
- 5/10Gardiner Area High SchoolGrades: 9-12Distance: 0.8 mi
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$315,300
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+$6,306
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$321,606
- Maine
- Kennebec County
- Gardiner
- 04345
- 51 Spring Street
Nearby cities
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