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Updated Two-Unit Duplex
For Sale
$172,500

42 Carey Lane, Waterville, ME 04901

Two residential units offer comparable layouts, with a laundry room below and a flexible extra room upstairs.

Property Size1,690 SF
Price / SF$102.07
Days on Market191

Property Features for 42 Carey Lane

General Information

Standard status Active
Size 1,690 SF
Property subtype Multi-Family
Zoning RCCB

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,751

Amenities

Hot Water, Baseboard
Interior, Full, Partial, Unfinished
Vinyl, Laminate
No
Yes
Stone, Brick/Mortar
2.00
2
Fiberglass, Metal, Pitched, Shingle
Wood Siding, Vinyl Siding, Wood Frame

Building Details

Year Built 1920
Units 2
Listing Agency: Real Broker
Listed By: Corey Lee · License #BA924970
Source: Compass
Added: Feb 21 Changed: Aug 30 Last Checked: Aug 30 at 1:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker

Investment Insights

Based on property information with market context.

This duplex contains two residential units with nearly matching floor plans, each arranged with a spacious kitchen, living area, and two bedrooms. Both units have been updated within the last few years. The lower apartment includes a dedicated laundry room, while the upper apartment provides an additional room that can serve as a third bedroom or office. The property totals 1,690 square feet and was built in 1920.

Located at 42 Carey Lane, the property is within walking distance of downtown Waterville and minutes from the hospital, highway, colleges, and airport. RCCB zoning is also noted for the property.

Key Highlights

  • Two‑unit duplex with 1,690 square feet
  • Both apartments updated within the last few years
  • Each unit includes a kitchen, living room, and 2 bedrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Catering Service Home Appliance Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer comparable layouts, with a laundry room below and a flexible extra room upstairs.
Where is this duplex located?
The property is located at 42 Carey Lane Waterville, ME.
What is the asking price?
The asking price for this property is $172,500.
What are key features of this property?
This property features: Two‑unit duplex with 1,690 square feet; Both apartments updated within the last few years; Each unit includes a kitchen, living room, and 2 bedrooms
More about this property
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