Have you been searching for a true cash flow opportunity or the perfect owner-occupied setup where your tenants help pay the mortgage? This three-unit property checks all the boxes. It features a spacious 4 bedroom apartment, a 2 bedroom apartment, and a 1 bedroom apartment, all of which have been remodeled within the past few years along with several additional upgrades throughout the property.
The location is equally appealing. It is within walking distance to the rejuvenated downtown Waterville area and only minutes from the hospital, highway, colleges, and airport.
Updated and affordable three unit properties are rare in this market and always in high demand. Whether you are building your investment portfolio or looking for a smart way to live in one unit while renting the other two, this is an opportunity you will not want to miss!
Active
$235,000
18 King Street, Waterville, ME 04901
7beds
2,217sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$225,900 Zestimate®
$106/sqft
$-- HOA
What's special
- 29 days |
- 789 |
- 45 |
Zillow last checked: 7 hours ago
Listing updated: March 05, 2026 at 11:21am
Listed by:
Real Broker
Source: Maine Listings,MLS#: 1653429
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Carpet, Laminate, Wood
- Basement: Exterior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,217
- Total interior livable area: 2,217 sqft
- Finished area above ground: 2,217
- Finished area below ground: 0
Property
Features
- Stories: 2
Lot
- Size: 5,227.2 Square Feet
Details
- Parcel number: WAVLM039B057
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Roof: Metal
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Waterville
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $83,100
- Annual tax amount: $2,417
- Date on market: 3/5/2026
Estimated market value
$225,900
$215,000 - $237,000
$1,539/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Listed for sale | $235,000+113.6%$106/sqft |
Source: | ||
| 3/31/2023 | Sold | $110,000-4.3%$50/sqft |
Source: | ||
| 3/31/2023 | Pending sale | $115,000$52/sqft |
Source: | ||
| 2/7/2023 | Contingent | $115,000$52/sqft |
Source: | ||
| 2/3/2023 | Listed for sale | $115,000+4.6%$52/sqft |
Source: | ||
| 9/25/2022 | Listing removed | -- |
Source: | ||
| 7/19/2022 | Listed for sale | $109,900$50/sqft |
Source: | ||
| 7/14/2022 | Pending sale | $109,900$50/sqft |
Source: | ||
| 7/8/2022 | Price change | $109,900-8.3%$50/sqft |
Source: | ||
| 3/25/2022 | Listed for sale | $119,900$54/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,662 +0.5% | $83,100 |
| 2023 | $1,654 +48.7% | $83,100 +93.3% |
| 2022 | $1,112 +1.4% | $43,000 |
| 2021 | $1,097 | $43,000 |
| 2020 | $1,097 -1% | $43,000 |
| 2019 | $1,108 +1.9% | $43,000 |
| 2018 | $1,087 +8.4% | $43,000 |
| 2017 | $1,003 +2.3% | $43,000 |
| 2016 | $980 -25.8% | $43,000 -9.5% |
| 2015 | $1,321 +1.5% | $47,500 |
| 2014 | $1,302 | $47,500 |
| 2013 | $1,302 +6.9% | $47,500 |
| 2012 | $1,218 +4% | $47,500 |
| 2011 | $1,171 +2.1% | $47,500 |
| 2009 | $1,147 -1% | $47,500 |
| 2008 | $1,159 -5.8% | $47,500 |
| 2006 | $1,230 | $47,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,467/mo
Principal & interest
$1267
Property taxes
$200
More affordability tools
Climate risks
Neighborhood: 04901
Nearby schools
GreatSchools rating
- 5/10Albert S Hall SchoolGrades: 4-5Distance: 0.7 mi
- 5/10Waterville Junior High SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Waterville Senior High SchoolGrades: 9-12Distance: 0.9 mi
Local experts in 04901
- Maine
- Kennebec County
- Waterville
- 04901
- 18 King Street







