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Pending
  • $99,800

    7 Elmwood Avenue, Waterville, ME 04901

    5beds
    1,728sqft
    : 
    $741/mo
    Get pre-qualified
    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $58/sqft
    $-- HOA

    What's special

    INVESTORS TAKE NOTE! Affordable 2-unit property in Waterville offering flexibility for both owner-occupants and investors. Previously owner-occupied, the vacant first-floor unit provides an opportunity to move in while receiving rental income from the occupied upstairs unit. For investors, renting both units could provide two sources of rental income. Please note income reflex only the upstairs unit and the expenses are estimated. The first-floor unit features 3 bedrooms and 1 bath, while the upstairs unit offers 2 bedrooms. Two porches provide additional outdoor space, and off-street parking adds everyday convenience. Enjoy an in-town location within walking distance of the Alfond Youth & Community Center, offering pools, a playground, courts, and recreation opportunities. Downtown Waterville restaurants, shopping, and local amenities are also just a short distance away. Whether you are a first-time buyer interested in rental income potential or an investor looking to add a value-add multi-unit property to your portfolio, this Waterville 2-unit offers an affordable opportunity with room to build equity and make it your own.
    25 days
    733
    73

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    OWN REAL ESTATE kimhawkes@ownrealestate.me

    Source: Maine Listings,MLS#: 1680008MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Blowers, Forced Air, Hot Water
      Cooling
      • None
      Features
      • 1st Floor Bedroom, Bathtub, Shower
      • Flooring: Carpet, Vinyl, Wood
      • Basement: Interior Entry,Full,Unfinished,Brick/Mortar
      • Has fireplace: No
      Interior area
      • Total structure area: 1,728
      • Total interior livable area: 1,728 sqft
      • Finished area above ground: 1,728
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Common, Gravel, 1 - 4 Spaces
      Features
      • Stories: 2
      • Patio & porch: Porch
      Lot
      • Size: 5,227 Square Feet
      • Features: City Lot, Near Shopping, Neighborhood, Open Lot
      Details
      • Additional structures: Shed(s)
      • Parcel number: WAVLM052B170
      • Zoning: RB

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Cape Cod
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Poured Concrete, Brick/Mortar
      • Roof: Shingle
      Condition
      • Year built: 1930

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Waterville

      Financial & listing details

      • Price per square foot: $58/sqft
      • Tax assessed value: $111,200
      • Annual tax amount: $2,344
      • Date on market: 9/28/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/28/2026Pending sale$99,800$58/sqft
        Source: Maine Listings #1680008 Report a problem
        9/28/2026Listed for sale$99,800$58/sqft
        Source: Maine Listings #1680008 Report a problem
        9/16/2026Pending sale$99,800$58/sqft
        Source: Maine Listings #1680008 Report a problem
        9/10/2026Listed for sale$99,800$58/sqft
        Source: Maine Listings #1680008 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,224 +0.5%$111,200
        2023$2,213 +44.8%$111,200 +88.2%
        2022$1,528 +1.4%$59,100
        2021$1,507 $59,100
        2020$1,507 +69.1%$59,100
        2019$891 -9.8%$59,100
        2018$988 -28.3%$59,100
        2017$1,379 +2.4%$59,100
        2016$1,347 -6.5%$59,100 +14.1%
        2015$1,440 +1.5%$51,800
        2014$1,419 $51,800
        2013$1,419 +6.8%$51,800
        2012$1,329 +22.8%$51,800 +18%
        2011$1,082 -13.5%$43,880 -15.3%
        2009$1,251 -1%$51,800
        2008$1,264 -5.8%$51,800
        2006$1,342 $51,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 04901

        Getting around

        62 / 100
        Somewhat Walkable
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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