Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13 Sturtevant St Waterville, ME 04901

    Sponsored
    For Sale
    $150,000

    MULTI_FAMILY - Cape Cod - Waterville, ME

    Property size:
    1,300 SF
    Lot size:
    0.30 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 21 at 9:06 pm

    Property Features for 13 Sturtevant St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Basement
    Partial
    Size
    1,300 SF
    Lot size
    0.30 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2
    Flooring type
    Wood, Vinyl, Carpet
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Cape Cod

    We can help!

    Listing Contact
    Earle Kenney

    Sprague and Curtis Real Estate (207) 623-1123 [email protected]

    Listing agent Earle Kenney (207) 623-1123

    Listing date Jan 21, 2026

    MLS# 1649984 Listing URL

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Waterville Duplex with Updated Features

    This two-unit house is located in Waterville. The first unit includes a kitchen, living room, bath, bedroom, and laundry room. The second unit features a kitchen, living room, bath, and two bedrooms. The property includes a side deck and ample parking. The exterior features low-maintenance vinyl siding, and the property has updated electrical boxes and windows. The second-floor unit is in move-in condition and could be rented. The property size is 1300 square feet and the lot size is 0.3 acres. The zoning is residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Kennebec
    State
    Maine
    Longitude
    -69.621736
    Latitude
    44.567591

    Nearby Similar for Sale

    • $1,500,000
      9,854 SF

      Mixed-Use Building in Downtown Waterville

      Mixed-use property with commercial and residential units in downtown Waterville.
      145-147 Main St, Waterville, ME 04901
      View Details
    • $1,500,000
      9,854 SF

      Waterville Mixed-Use Commercial Building

      Established commercial building with high visibility and multiple income streams.
      145-147 Main St, Waterville, ME 04901
      View Details
    • $2,500,000
      13,000 SF

      Well-Maintained Office Building For Sale

      Visible office building with three floors, ideal for owner-occupancy.
      244 Kennedy Memorial Dr, Waterville, ME 04901
      View Details
    • $399,900
      4,664 SF

      Versatile Property with Income Potential

      High-visibility property suitable for professional or medical uses with rental income.
      166 Silver St, Waterville, ME 04901
      View Details
    • $359,900
      2,908 SF

      Versatile Waterville Commercial Opportunity

      1.92-acre commercial property with office suites and outdoor canopy.
      120 Drummond Ave, Waterville, ME 04901
      View Details
    • $94,900
      2,028 SF

      Waterville Duplex: Renovation Opportunity

      Two-unit duplex near downtown Waterville with renovation potential.
      220 Water St, Waterville, ME 04901
      View Details
    • $249,900
      2,214 SF

      Waterville Triplex in Desirable Neighborhood

      Well-maintained three-unit property in a sought-after, quiet neighborhood.
      8 High St, Waterville, ME 04901
      View Details
    • New
      $325,000
      3,601 SF

      Spacious Three-Unit Multifamily Property

      Spacious 3-unit property with original wood trim and character.
      1 Kelsey St, Waterville, ME 04901
      View Details
    • $499,000
      10,287 SF

      Waterville Office Building For Sale

      Over 10,000 SF office building in Waterville, Maine.
      44-46 Elm St, Waterville, ME 04901
      View Details
    • New
      $175,000
      1,824 SF

      Waterville Duplex with Long-Term Tenants

      Well-maintained duplex in Waterville, Maine, featuring long-term tenants.
      49 Ticonic St, Waterville, ME 04901
      View Details
    • New
      $175,000
      2,208 SF

      Waterville Multifamily Investment Opportunity

      Two-unit multifamily property with long-term tenants in a central location.
      53 Ticonic St, Waterville, ME 04901
      View Details
    • $229,900
      3,414 SF

      Profitable Income Property Near Downtown

      Three-unit income property in Waterville, Maine, near downtown.
      11 College Ave, Waterville, ME 04901
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit residential property in Waterville with updated electrical and windows.
    Where is this duplex located?
    The property is located at 13 Sturtevant St Waterville, ME.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Desirable Cape Cod architectural style.; - Two separate living units, ideal for rental income or multi-generational living.; - Move-in ready second unit, easily rentable for immediate income.
    (207) 623-1123
    Request Owner's contact information
    13 Sturtevant St Waterville, ME 04901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13 Sturtevant St
    Waterville, ME 04901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    13 Sturtevant St Waterville, ME 04901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Earle Kenney
    (207) 623-1123
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.