Exceptional opportunity with this updated multi-family property offering untapped potential. Bulid instatnt equity in this property by completing the finishing touches on the unfinished unit. This property is currently vacant and easy to show, providing the new owners endless opportunities. The home features two spacious units—one renovated and move-in ready, and the other primed for the next owner's finishing touches. Unit B offers two bedrooms and one full bath, showcasing a complete renovation that includes new drywall, fresh paint, an all-new kitchen with cabinets and sink, a fully updated bathroom, new flooring throughout, and convenient washer/dryer hookups in the utility room. Unit A includes three-four bedrooms and one bath and has been fully primed and prepped for the next owner. This unit features some new upgrades, but is awaiting finishing touches to make it your own. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio with strong rental potential, this property offers flexibility. Set up your showing today!
Active
$235,000
55 Western Avenue, Waterville, ME 04901
6beds
2,346sqft
Multi Family
Built in 1910
-- sqft lot
$229,100 Zestimate®
$100/sqft
$-- HOA
What's special
Complete renovationNew flooring throughoutFresh paintNew drywallFully updated bathroomSpacious units
- 19 days
- 937
- 106
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Hearth & Key Realty 2077133144
Source: Maine Listings,MLS#: 1680682
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Flooring: Other, Tile, Vinyl, Wood, Hardwood
- Basement: Interior Entry,Dirt Floor,Full,Unfinished
Interior area
- Total structure area: 2,346
- Total interior livable area: 2,346 sqft
- Finished area above ground: 2,346
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces, Off Street
Lot
- Size: 9,147 Square Feet
- Features: Near Turnpike/Interstate, Near Town, Corner Lot, Rolling Slope, Sidewalks
Details
- Parcel number: WAVLM044B040
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Metal,Shingle
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waterville
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $161,100
- Annual tax amount: $3,507
- Date on market: 9/15/2026
- Road surface type: Paved
Estimated market value
$229,100
$218,000 - $241,000
$1,541/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Listed for sale | $235,000-5.6%$100/sqft |
Source: | ||
| 7/1/2026 | Listing removed | $249,000$106/sqft |
Source: | ||
| 1/26/2026 | Listed for sale | $249,000$106/sqft |
Source: | ||
| 1/14/2026 | Pending sale | $249,000$106/sqft |
Source: | ||
| 1/7/2026 | Price change | $249,000-4.2%$106/sqft |
Source: | ||
| 12/29/2025 | Pending sale | $259,900$111/sqft |
Source: | ||
| 10/28/2025 | Price change | $259,900-8.8%$111/sqft |
Source: | ||
| 10/11/2025 | Price change | $285,000+256.3%$121/sqft |
Source: | ||
| 8/16/2024 | Pending sale | $80,000$34/sqft |
Source: | ||
| 8/15/2024 | Sold | $80,000$34/sqft |
Source: | ||
| 7/25/2024 | Contingent | $80,000$34/sqft |
Source: | ||
| 7/23/2024 | Listed for sale | $80,000+700%$34/sqft |
Source: | ||
| 3/8/2024 | Sold | $10,000$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,222 +0.5% | $161,100 |
| 2023 | $3,206 +47.5% | $161,100 +91.6% |
| 2022 | $2,174 +1.4% | $84,100 |
| 2021 | $2,145 | $84,100 |
| 2020 | $2,145 -1% | $84,100 |
| 2019 | $2,166 +1.9% | $84,100 |
| 2018 | $2,125 +8.3% | $84,100 |
| 2017 | $1,962 +2.3% | $84,100 |
| 2016 | $1,917 +9.8% | $84,100 +33.9% |
| 2015 | $1,746 +1.5% | $62,800 |
| 2014 | $1,721 | $62,800 |
| 2013 | $1,721 +6.8% | $62,800 |
| 2012 | $1,611 +4.1% | $62,800 |
| 2011 | $1,548 +2% | $62,800 |
| 2009 | $1,517 -1% | $62,800 |
| 2008 | $1,532 -5.8% | $62,800 |
| 2006 | $1,627 | $62,800 |
Find assessor info on the county website
Monthly payment
Est. payment






