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  • $325,000

    987 Main Street, Vassalboro, ME 04989

    4beds
    2,100sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $290,200 Zestimate®
    $155/sqft
    $1,438 Estimated rent

    Home value

    $290,200

    $276,000 - $305,000

    $1,438/mo

    Zestimate® history
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    $1,438/mo

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    $2,171/mo

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    $2,171/mo

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    What's special

    Well-maintained brick duplexRe-shingled roofLarge private decksAmple parking
    Turnkey duplex with vacant units, updated systems, and tenant-paid utilities. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupancy opportunity, 987 Main Street offers flexibility, recent improvements, and rural charm in the heart of Vassalboro. This well-maintained brick duplex features two 2-bedroom, 1-bath units, both currently vacant and ready for immediate occupancy, allowing a new owner to establish market rents from day one or move right in. Recent improvements include a re-shingled roof and energy-efficient heat pumps that provide both heating and air conditioning. With heating costs now separately metered and paid directly by tenants, ownership is more efficient and operating expenses are reduced. Outside, the property offers ample parking, large private decks, and a spacious yard accented by mature fruit trees. Enjoy peaceful country views overlooking a neighboring field filled with seasonal lupines and grazing horses, creating a picturesque setting that feels worlds away while remaining conveniently located between Augusta and Waterville. With both units vacant, major system updates already completed, and strong rental or multigenerational living potential, this duplex presents a rare opportunity to secure a move-in-ready investment property in a desirable central Maine location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Signature Homes Real Estate Group, LLC

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1667926MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Heat Pump
    Cooling
    • Heat Pump
    Features
    • Flooring: Laminate, Vinyl, Wood, Luxury Vinyl
    • Windows: Double Pane Windows
    • Basement: Interior Entry,Full,Unfinished
    Interior area
    • Total structure area: 2,100
    • Total interior livable area: 2,100 sqft
    • Finished area above ground: 2,100
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces, Off Street
    Features
    • Patio & porch: Deck
    Lot
    • Size: 0.4 Acres
    • Features: City Lot, Level, Open Lot
    Details
    • Parcel number: VASSM023L006
    • Zoning: Rural

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial,Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Brick
    • Foundation: Stone, Poured Concrete
    • Roof: Metal
    Condition
    • Year built: 1900

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Vassalboro

    Financial & listing details

    • Price per square foot: $155/sqft
    • Tax assessed value: $144,100
    • Annual tax amount: $2,205
    • Date on market: 6/18/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/23/2026Sold$325,000+10.2%$155/sqft
    Source: Maine Listings #1667926 Report a problem
    7/14/2026Pending sale$294,999$140/sqft
    Source: Maine Listings #1667926 Report a problem
    6/26/2026Contingent$294,999$140/sqft
    Source: Maine Listings #1667926 Report a problem
    6/18/2026Listed for sale$294,999+98%$140/sqft
    Source: Maine Listings #1667926 Report a problem
    4/18/2025Listing removed$1,450$1/sqft
    Source: Zillow Rentals Report a problem
    4/8/2025Listed for rent$1,450+3.6%$1/sqft
    Source: Zillow Rentals Report a problem
    3/21/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/19/2024Price change$1,400-3.4%$1/sqft
    Source: Zillow Rentals Report a problem
    2/14/2024Listed for rent$1,450$1/sqft
    Source: Zillow Rentals Report a problem
    7/7/2023Sold$149,000-0.6%$71/sqft
    Source: Maine Listings #1562780 Report a problem
    6/24/2023Pending sale$149,900$71/sqft
    Source: Maine Listings #1562780 Report a problem
    6/21/2023Listed for sale$149,900+57.8%$71/sqft
    Source: Maine Listings #1562780 Report a problem
    5/31/2019Sold$95,000$45/sqft
    Source: Maine Listings #1375740 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,921 +4.8%$144,100
    2023$1,833 +6%$144,100 +20%
    2022$1,729 -0.6%$120,100
    2021$1,739 $120,100
    2020$1,739 +3%$120,100 +11%
    2019$1,688 +1%$108,200
    2018$1,672 +6.2%$108,200
    2017$1,574 +10.5%$108,200 +6.7%
    2016$1,425 +2.6%$101,400
    2015$1,389 +7%$101,400
    2014$1,298 $101,400 -10%
    2008-- $112,700 +37.9%
    2006-- $81,700
    Find assessor info on the county website

    Neighborhood: 04989

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $290,200
    2% more
    +$5,804
    With Zillow Showcase(estimated)
    $296,004
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $290,200
    2% more
    +$5,804
    With Zillow Showcase(estimated)
    $296,004