Excellent investment opportunity in Augusta's desirable East Side neighborhood. This fully occupied three-unit apartment building offers a strong rental history and immediate income potential. The property consists of two spacious 1-bedroom units and one 3-bedroom unit, providing a desirable unit mix for a variety of tenants.
Conveniently located near downtown Augusta's restaurants, shopping, and amenities, and just minutes from MaineGeneral Medical Center, the property benefits from a location that continues to attract renters. The building features attractive architectural details, ample off-street parking, a full basement, and oil heat.
Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this well-maintained multi-family property offers flexibility, stability, and long-term potential in a sought-after location.
Pending
$345,000
75 Arsenal Street, Augusta, ME 04330
5beds
2,916sqft
Multi Family
Built in 1836
-- sqft lot
$-- Zestimate®
$118/sqft
$-- HOA
What's special
Oil heatAmple off-street parkingAttractive architectural details
- 17 days |
- 599 |
- 35 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Karyn.macgrath@kw.com
Source: Maine Listings,MLS#: 1666016
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water
Cooling
- None
Features
- Flooring: Carpet, Vinyl, Wood
- Basement: Bulkhead,Exterior Entry,Full,Unfinished
Interior area
- Total structure area: 2,916
- Total interior livable area: 2,916 sqft
- Finished area above ground: 2,916
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Gravel, 11 - 20 Spaces, On Site
- Attached garage spaces: 1
Lot
- Size: 0.38 Acres
- Features: City Lot, Neighborhood, Level, Rolling Slope, Sidewalks
Details
- Parcel number: AUGUM00037B00032L00000
- Zoning: Residential
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Clapboard
- Foundation: Block, Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1836
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Augusta
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $128,400
- Annual tax amount: $3,133
- Date on market: 6/8/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2026 | Pending sale | $345,000$118/sqft |
Source: | ||
| 6/8/2026 | Listed for sale | $345,000+9.5%$118/sqft |
Source: | ||
| 8/8/2023 | Sold | $315,000-3.1%$108/sqft |
Source: | ||
| 7/7/2023 | Pending sale | $325,000$111/sqft |
Source: | ||
| 6/9/2023 | Price change | $325,000-5.8%$111/sqft |
Source: | ||
| 5/18/2023 | Listed for sale | $345,000+173.8%$118/sqft |
Source: | ||
| 8/5/2015 | Listing removed | $126,000$43/sqft |
Source: McAllister Real Estate #1231205 Report a problem | ||
| 8/4/2015 | Listed for sale | $126,000$43/sqft |
Source: McAllister Real Estate #1231205 Report a problem | ||
| 7/31/2015 | Sold | $126,000$43/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,056 +3.7% | $128,400 |
| 2023 | $2,948 +4.7% | $128,400 |
| 2022 | $2,815 +4.7% | $128,400 |
| 2021 | $2,689 | $128,400 |
| 2020 | $2,689 -0.1% | $128,400 |
| 2019 | $2,693 | $128,400 |
| 2018 | $2,693 +2.9% | $128,400 |
| 2017 | $2,617 +3% | $128,400 |
| 2016 | $2,541 +1.9% | $128,400 -0.1% |
| 2015 | $2,493 +3.9% | $128,500 |
| 2014 | $2,399 +2.9% | $128,500 |
| 2013 | $2,332 +3.4% | $128,500 |
| 2012 | $2,255 +1.4% | $128,500 |
| 2011 | $2,223 +3.6% | $128,500 |
| 2009 | $2,146 | $128,500 |
| 2008 | $2,146 | $128,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04330
Nearby schools
GreatSchools rating
- 1/10Farrington SchoolGrades: K-6Distance: 1.1 mi
- 3/10Cony Middle SchoolGrades: 7-8Distance: 1.1 mi
- 4/10ConyGrades: 9-12Distance: 1.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Kennebec County
- Augusta
- 04330
- 75 Arsenal Street







