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Pending
  • $299,900

    8 Paul Avenue, Waterville, ME 04901

    4beds
    1,950sqft
    : 
    $2,003/mo
    Get pre-qualified
    Multi Family
    Built in 1955
    -- sqft lot
    $298,400 Zestimate®
    $154/sqft
    $-- HOA

    What's special

    Spacious three bedroom layoutInviting front porchRare double lotDurable metal roofThree generously sized bedrooms
    First time ever on the market! Have you been searching for a turnkey investment property where you can live in one unit while your tenant helps pay your mortgage? If so, this could be the opportunity you've been waiting for. The first floor unit is vacant and features a spacious three bedroom layout with a large kitchen offering abundant cabinet space, an oversized living room, and three generously sized bedrooms. The primary bedroom includes a large walk-in closet, and the full bathroom features a beautiful tiled shower. Upstairs you'll find an updated one bedroom apartment with an unfinished area directly beside it that offers the potential to be converted into a three bedroom unit, similar to the first floor layout. Both apartments have access to the inviting front porch, the perfect place to enjoy your morning coffee. One of the standout features is the location. Situated at the end of a quiet dead end street on a rare double lot, the property offers an expansive yard with plenty of space for outdoor activities, making it even more attractive to both owners and tenants. Conveniently located across the street from Temple Academy and within walking distance to Waterville Junior High School and Pine Ridge Golf Course. You'll also be just minutes from Colby College, Thomas College, Interstate 95, and downtown Waterville. Additional highlights include a durable metal roof, newer furnace, and low maintenance vinyl siding in excellent condition. Investment properties with this combination of location, condition, and future potential rarely become available. Don't miss your opportunity to own this one of a kind property!
    42 days
    |
    79
    |
    4
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Real Broker

    Source: Maine Listings,MLS#: 1670599MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Hot Water
      Cooling
      • None
      Features
      • 1st Floor Bedroom, Bathtub
      • Flooring: Vinyl, Wood, Linoleum
      • Basement: Interior Entry,Full,Sump Pump,Unfinished
      Interior area
      • Total structure area: 1,950
      • Total interior livable area: 1,950 sqft
      • Finished area above ground: 1,950
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Paved, 1 - 4 Spaces, On Site
      Features
      • Patio & porch: Porch
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 0.34 Acres
      • Features: Near Country Club, Near Golf Course, Near Turnpike/Interstate, Near Town, Open Lot, Landscaped, Wooded
      Details
      • Parcel number: WAVLM032B005
      • Zoning: R-C

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: New Englander
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Roof: Metal
      Condition
      • Year built: 1955

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Waterville

      Financial & listing details

      • Price per square foot: $154/sqft
      • Tax assessed value: $174,300
      • Annual tax amount: $3,684
      • Date on market: 7/7/2026
      • Road surface type: Paved

        Estimated market value

        $298,400

        $283,000 - $313,000

        $1,566/mo

        Price history

        DateEventPrice
        7/20/2026Pending sale$299,900$154/sqft
        Source: Maine Listings #1670599 Report a problem
        7/7/2026Listed for sale$299,900$154/sqft
        Source: Maine Listings #1670599 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,486 +0.5%$174,300
        2023$3,469 +47.5%$174,300 +91.5%
        2022$2,352 +1.3%$91,000
        2021$2,321 $91,000
        2020$2,321 +35.5%$91,000
        2019$1,713 -4.5%$91,000
        2018$1,794 -15.5%$91,000
        2017$2,123 +2.3%$91,000
        2016$2,075 -2%$91,000 +19.4%
        2015$2,118 +1.4%$76,200
        2014$2,088 $76,200
        2013$2,088 +6.8%$76,200
        2012$1,955 +16.2%$76,200 +11.6%
        2011$1,683 -8.5%$68,280 -10.4%
        2009$1,840 -1%$76,200
        2008$1,859 -5.8%$76,200
        2006$1,974 $76,200
        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

        29 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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