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Renovated Two-Unit Duplex
For Sale
$235,000

55 Western Ave, Waterville, ME 04901

Vacant duplex with one completed unit and a second unit ready for interior completion.

Property Size2,346 SF
Price / SF$100.17
Days on Market11

Property Features for 55 Western Ave

General Information

Standard status Active
Size 2,346 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence finishing touches

Units

Unit Mix 1 x 2BR/1BA, 1 x 3-4BR/1BA
Multifamily Units 2

Building Details

Year Built 1910
Listed By: Pouliot Real Estate
Source: Pouliotrealestate
Added: Sep 16 Changed: Sep 19 Last Checked: Sep 26 at 6:44AM

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 Pouliot Real Estate

Investment Insights

Based on property information with market context.

This 2,346-square-foot duplex, built in 1910, contains two separate residential units and is currently vacant. One unit has been renovated with new drywall, paint, kitchen cabinets and sink, an updated bathroom, new flooring, and washer/dryer hookups in the utility room. The second unit has been primed and prepared for remaining interior work, with some upgrades already completed.

The property is located at 55 Western Ave in Waterville, Maine, with convenient access for scheduled showings. Its two-unit layout provides a clear separation between the completed residence and the unfinished unit, allowing the next owner to address the remaining work according to their plans.

Key Highlights

  • Two‑unit duplex totaling 2,346 square feet
  • One unit renovated with new drywall, paint, flooring, kitchen, and bathroom updates
  • Completed unit includes washer/dryer hookups in the utility room

Property Analytics

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Current Use

Duplexes

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

840
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Vacant duplex with one completed unit and a second unit ready for interior completion.
Where is this duplex located?
The property is located at 55 Western Ave Waterville, ME.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,346 square feet; One unit renovated with new drywall, paint, flooring, kitchen, and bathroom updates; Completed unit includes washer/dryer hookups in the utility room
More about this property
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