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    159 Waldo Ave Belfast, ME 04915

    For Sale
    $389,000

    Multiple - Belfast, ME

    Property size:
    2,496 SF
    Lot size:
    20,038.00 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 159 Waldo Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    Size
    2,496 SF
    Lot size
    20,038.00 Acres

    Utilities

    Heating system
    Baseboard, Forced Air, Hot Water (Heating)

    Building Details

    Year built
    1900
    Flooring type
    Carpet, Hardwood, Linoleum, Tile, Vinyl
    Roof type
    Metal, Shingle
    Architectural style
    Other

    Better Homes and Gardens-The Masiello Group (800) 741-1540 [email protected]

    Listing agent Nancy Falvey (207) 338-3500

    Listing date Nov 27, 2025

    MLS# 1641846 Listing URL

    Copyright © 2025 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Belfast Triplex Investment Opportunity

    This three-family property is located near the center of Belfast. The main house includes two apartments, each featuring 2 bedrooms, 1 full bath, and stackable washer and dryer units. Ample parking is available. A separate building on the property contains a 1-bedroom, 1-bath apartment with a workshop area on the ground level, suitable for a craftsman or hobbyist. The property benefits from a drive-thru driveway and freshly paved abutting streets. Situated on a 0.46-acre lot, the property offers a total of 2496 square feet of living space. This property presents an opportunity for investment, owner-occupancy with rental income, or multi-generational living. Tenants are responsible for their own electric and heat. The property is being sold as is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Building Supply Nail Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Belfast
    County
    Waldo
    State
    Maine
    Longitude
    -69.020066
    Latitude
    44.433111

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    FAQs

    What type of property is this?
    Triplex - Three-unit property near downtown Belfast, ideal for investors or multi-generational living.
    Where is this triplex located?
    The property is located at 159 Waldo Ave Belfast, ME.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: - Three-unit property ideal for owner-occupancy with rental income.; - Located near downtown Belfast.; - Main house apartments feature 2 bedrooms, 1 bath, and in-unit laundry.
    (207) 338-3500
    Request Owner's contact information
    159 Waldo Ave Belfast, ME 04915
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    Belfast, ME 04915
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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
    159 Waldo Ave Belfast, ME 04915
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