Search
Two-Unit Duplex with Off-Street Parking
New
For Sale
$99,800

7 Elmwood Ave, Waterville, ME 04901

In-town duplex with one vacant residence, one occupied unit, two porches, and access to nearby recreation and downtown amenities.

Property Size1,728 SF
Price / SF$57.75
Days on Market5

Property Features for 7 Elmwood Ave

General Information

Standard status Active
Size 1,728 SF
Property subtype Multi-Family

Units

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

Amenities

porches

Building Details

Year Built 1930
Listed By: Kathy Gallant
Source: Gre207
Added: Sep 12 Changed: Sep 15 Last Checked: Sep 15 at 6:59AM

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 1,728-square-foot duplex, built in 1930, contains two residential units with separate living arrangements. The first-floor apartment is vacant and includes three bedrooms and one bathroom. The upper-level apartment has two bedrooms and is currently occupied. Two porches provide outdoor space, while off-street parking supports daily use.

The property is located at 7 Elmwood Ave in Waterville, within walking distance of the Alfond Youth & Community Center, which offers pools, a playground, courts, and other recreational facilities. Downtown Waterville restaurants, shopping, and local amenities are also nearby. The two-unit configuration accommodates both an owner-occupant seeking rental income from the upper unit and an investor evaluating a fully rented duplex.

Key Highlights

  • Two‑unit duplex at 7 Elmwood Ave, Waterville, ME 04901
  • 1,728 SF building constructed in 1930
  • First‑floor unit has 3 bedrooms and 1 bathroom

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Locksmith (Bike/Boat/Book/etc) Store Florist Tanning Salon

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

907
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - In-town duplex with one vacant residence, one occupied unit, two porches, and access to nearby recreation and downtown amenities.
Where is this duplex located?
The property is located at 7 Elmwood Ave Waterville, ME.
What is the asking price?
The asking price for this property is $99,800.
What are key features of this property?
This property features: Two‑unit duplex at 7 Elmwood Ave, Waterville, ME 04901; 1,728 SF building constructed in 1930; First‑floor unit has 3 bedrooms and 1 bathroom
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message