Duplex With In-Law
For Sale
$325,000
6 High Street, Waterville, ME 04901
MULTI_FAMILY - Waterville, ME
Property Size1,815 SF
Lot Size0.20 Acres
Price / SF$179.06
Days on Market67
Property Features for 6 High Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Basement
Patio and Porch features
Porch
Pets allowed
No
Interior features
In-Law Apartment, 1st Floor Bedroom, Attic, Bathtub, Shower
Fencing
Fenced
Basement
Walk-Out Access, Full, Unfinished
Lot features
Sidewalks, Intown, Near Town
Standard status
Active
Size
1,815 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3218
Utilities
Sewer type
Public Sewer
Heating system
Other (Heating), Heat Pump (Heating), Electric (Heating), Propane (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1900
Number of units
2
Flooring type
Wood, Carpet, Vinyl
Building materials
Wood Frame, Asbestos, Vinyl Siding
Roof type
Shingle, Metal
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Francois Rodrigue
(207) 873-9013
Added: Jun 1
Changed: Aug 1
Last Checked: Aug 6 at 8:06AM
MLS# 1664860
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A two-unit duplex configured for flexibility, with an in-law apartment and separate living area(s) designed to add privacy and versatility. Interior features include a first-floor bedroom, attic space, basement, and bathrooms with a bathtub and shower. The property is improved with a porch and a fenced yard.
Set on a 0.2-acre lot with 1,815 square feet of living area, the home was built in 1900. Construction includes wood frame with vinyl siding. The roof includes shingle and metal materials, and the home is served by public water and public sewer. Heating options include heat pump, electric, and propane, with cooling provided by a heat pump.
This duplex offers multiple ways to use the space, whether you’re looking for rental income or additional guest-style flexibility.
Set on a 0.2-acre lot with 1,815 square feet of living area, the home was built in 1900. Construction includes wood frame with vinyl siding. The roof includes shingle and metal materials, and the home is served by public water and public sewer. Heating options include heat pump, electric, and propane, with cooling provided by a heat pump.
This duplex offers multiple ways to use the space, whether you’re looking for rental income or additional guest-style flexibility.
Key Highlights
- Two‑unit duplex with in‑law apartment and separate living areas
- 0.2‑acre lot with 1,815 SF of living space
- RB zoning
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.4k | $16.20 |
| − Vacancy | −$447 | −$0.25 |
| EGI | $29.0k | $15.95 |
| − OpEx | −$8.7k | −$4.79 |
| NOI | $20.3k | $11.17 |
1,815 SF · lease $16.20/SF/yr · vacancy 1.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.6K
$253.4K – $337.8K
NOI $20,269 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$252.6K
$221.0K – $294.7K
NOI $17,681 @ 7.0% cap · market cap 5.44%
Theoretical Best
Warehouse
$2.71M
$2.37M – $3.16M
NOI $189,546 @ 7.0% cap · market cap 58.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 04901, ME
26,491
Population
12,084
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
78.8 sq mi
ZIP Area
336
Density / Sq Mi
$54,122
Median Household Income
$33,623
Median Earnings
$957
Median Rent
$188,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - RB-zoned duplex with a porch, fenced yard, and separate living areas plus an in-law apartment.
Where is this duplex located?
The property is located at 6 High Street Waterville, ME.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex with in‑law apartment and separate living areas; 0.2‑acre lot with 1,815 SF of living space; RB zoning
