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    11 College Ave Waterville, ME 04901

    New
    For Sale
    $239,900

    MULTI_FAMILY - Greek Revival - Waterville, ME

    Property size:
    3,414 SF
    Lot size:
    0.13 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 11 College Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CA
    Rooms
    Bathroom 1, Basement, Bathroom 3, Bathroom 2
    Parking features
    On Street
    Patio and Porch features
    Porch
    Basement
    Full, Unfinished, Walk-Out Access
    Size
    3,414 SF
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Baseboard, Zoned
    Water source
    Public

    Building Details

    Year built
    1870
    Number of units
    3
    Flooring type
    Wood, Carpet, Laminate, Vinyl
    Building materials
    Asbestos, Wood Frame
    Roof type
    Metal
    Architectural style
    Greek Revival

    Adams Realty (207) 445-4323 [email protected]

    Listing agent Brian York (207) 445-4323

    Listing date Dec 3, 2025

    MLS# 1641838 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterville Triplex Near Downtown

    This is a profitable 3-unit income property situated in an excellent location on the edge of downtown Waterville. The property is within easy walking distance of shops, entertainment venues, pubs, fine dining restaurants, and a hotel. The property contains 3,414 square feet and is located on a 0.13-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.630523
    Latitude
    44.553646

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    FAQs

    What type of property is this?
    Triplex - Profitable 3-unit income property near Waterville's downtown area.
    Where is this triplex located?
    The property is located at 11 College Ave Waterville, ME.
    What is the asking price?
    The asking price for this property is $239,900.
    What are key features of this property?
    This property features: - Profitable 3-unit income property.; - Excellent location at the edge of downtown Waterville.; - Easy walking distance to shops, entertainment, pubs, fine dining restaurants, and a quality hotel.
    (207) 445-4323
    Request Owner's contact information
    11 College Ave Waterville, ME 04901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 College Ave Waterville, ME 04901
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