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Two-Family Duplex with Stream View
New
For Sale
$161,000

48 Western Ave, Waterville, ME 04901

Income-producing residential property with matching three-bedroom layouts and access to Waterville amenities.

Property Size1,680 SF
Lot Size0.08 Acres
Price / SF$95.83
Days on Market4

Property Features for 48 Western Ave

General Information

Standard status Active
Size 1,680 SF
Lot size 0.08 Acres
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1910
Listing Agency:
Listed By: Kathy Gallant
Source: Gre207
Added: Aug 28 Changed: Aug 29 Last Checked: Aug 30 at 4:03PM

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 Kathy Gallant

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each configured with 3 bedrooms and 1 bath. The property includes 1,680 square feet of building area on a 0.08-acre lot and was built in 1910. Improvements and condition should be evaluated by the purchaser.

A view toward the Messalonskee Stream is available from behind the property. The address is near shopping, dining, services, and other amenities in Waterville, Maine.

Key Highlights

  • Two‑unit duplex with 1,680 square feet of building area
  • Each unit includes 3 bedrooms and 1 bath
  • Situated on a 0.08‑acre lot

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Home Appliance Store Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

989
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
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Frequently Asked Questions

What type of property is this?
Duplex - Income-producing residential property with matching three-bedroom layouts and access to Waterville amenities.
Where is this duplex located?
The property is located at 48 Western Ave Waterville, ME.
What is the asking price?
The asking price for this property is $161,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,680 square feet of building area; Each unit includes 3 bedrooms and 1 bath; Situated on a 0.08‑acre lot
More about this property
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