Multifamily

Waterville, ME Multifamily Properties for Sale

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Apartment Building with 3-Car Garage
Updated: Jul 15
Apartment Building with 3-Car Garage

11 Winter Street, Waterville, ME 04901

$595,000
3,941 sqft 0.19 AC lot
3,941 square feet on a 0.19‑acre lot
Attached 3‑car garage with a two‑level owner’s apartment
Owner’s unit includes 2 bathrooms, office, deck, and modern kitchen
1900 construction with wood‑frame design and mixed siding
Paved parking plus porch and deck features
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Medical Office Property with Apartments
Updated: May 4
Medical Office Property with Apartments

166 Silver Street, Waterville, ME 04901

$374,900
4,664 sqft 0.23 AC lot
4,664 SF medical office property on a 0.23‑acre lot
Two upstairs apartments with a private deck
Former optometrist’s office with adaptable professional‑use layout
Onsite parking for office and residential occupants
1920‑built wood‑frame property with vinyl siding and metal roof
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Updated Duplex with Metal Roof
Updated Duplex with Metal Roof

11 Autumn Street, Waterville, ME 04901

$179,900
2,250 sqft 0.09 AC lot

Two residential units feature refreshed finishes, utility inclusion, and off-street parking in Waterville.

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See what stands out in Kennebec County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Mixed-Use Building with Residential Units
Mixed-Use Building with Residential Units

145147 145-147 Main St, Waterville, ME 04901

$1,300,000
9,854 sqft

The property combines two commercial tenants with four residential apartments.

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Two-Unit Multifamily Property
Two-Unit Multifamily Property

1 Mount Pleasant Street, Waterville, ME 04901

$299,900
2,031 sqft 0.37 AC lot

Duplex with distinct residential units, public utilities, and a basement for additional property function.

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Two-Unit Duplex with Porch
Two-Unit Duplex with Porch

32 King Street, Waterville, ME 04901

$195,000
1,590 sqft 0.38 AC lot

RC-zoned duplex with separate kitchens, flexible living areas, and a three-season porch in Waterville.

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Renovated Furnished Triplex
Renovated Furnished Triplex

34 Western Avenue, Waterville, ME 04901

$389,900
2,741 sqft 0.40 AC lot

Three furnished apartments feature updated interiors, in-building laundry, and smart-lock access for short-term rental operations.

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Duplex With Updated Upper Unit
Duplex With Updated Upper Unit

8 Paul Ave, Waterville, ME 04901

$299,900
1,950 sqft

Two residential units offer flexible occupancy, porch access, and a spacious yard on a double lot.

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Two-Unit Duplex with In-Law Apartment
Two-Unit Duplex with In-Law Apartment

6 High Street, Waterville, ME 04901

$325,000
1,815 sqft 0.20 AC lot

Separate living quarters offer flexibility for rental use, household privacy, or additional guest accommodation.

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Cape Cod Duplex
Cape Cod Duplex

2 Central Avenue, Waterville, ME 04901

$267,500
1,847 sqft 0.21 AC lot

The building includes off-street parking, a porch, and a tankless water heater.

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Two-Unit Duplex
Two-Unit Duplex

1 Mount Pleasant St, Waterville, ME 04901

$299,900
2,031 sqft

Two residential units offer distinct one- to two-bedroom layouts, each with one bathroom.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

22 Ash Street, Waterville, ME 04901

$295,000
2,395 sqft 0.13 AC lot

Two-bedroom units offer heat pumps, in-unit laundry, and tenant-paid heating.

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Renovated Duplex with Basement
Renovated Duplex with Basement

63 Summer Street, Waterville, ME 04901

$199,000
1,838 sqft 0.18 AC lot

Two separate units, paved parking, and public water and sewer support flexible ownership or rental use.

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Updated Three-Bedroom Duplex
Updated Three-Bedroom Duplex

31 High St, Waterville, ME 04901

$249,900
2,628 sqft

Each residence includes a kitchen, living room, and full bathroom, with additional features in both units.

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Duplex and Single-Family Home
Duplex and Single-Family Home

15-17 Pine Street, Waterville, ME 04901

$209,900
2,061 sqft 0.12 AC lot

Two buildings on one lot: a duplex with 2BR and 3BR units plus an adjacent 3BR single-family home.

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3-Unit Multifamily Property
3-Unit Multifamily Property

8 High Street, Waterville, ME 04901

$249,900
2,214 sqft

Two two-bedroom apartments and one one-bedroom unit provide a flexible residential configuration.

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Updated Duplex with Unit Improvements
Updated Duplex with Unit Improvements

11 Autumn St, Waterville, ME 04901

$179,900
2,250 sqft

The apartments offer three- to four-bedroom layouts, and all utilities are included.

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2-Unit Cape Cod Duplex
2-Unit Cape Cod Duplex

7 Elmwood Avenue, Waterville, ME 04901

$99,800
1,728 sqft 0.12 AC lot

Two-unit property with a vacant lower residence, an occupied upper residence, porches, and off-street parking.

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Furnished Renovated Triplex
Furnished Renovated Triplex

34 Western Avenue, Waterville, ME 04901

$389,900
2,741 sqft

Three furnished apartments offer flexible short-term rental, long-term tenancy, or owner-occupancy options.

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Triplex with Newer Roof
Triplex with Newer Roof

8 High St, Waterville, ME 04901

$249,900
2,214 sqft

Two two-bedroom apartments and one one-bedroom unit provide a varied residential configuration.

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Two-Family Duplex with Stream View
Two-Family Duplex with Stream View

48 Western Ave, Waterville, ME 04901

$161,000
1,680 sqft 0.08 AC lot

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

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Two-Unit Duplex with Separate Kitchens
Two-Unit Duplex with Separate Kitchens

32 King St, Waterville, ME 04901

$195,000
1,590 sqft

Two residential units provide flexible occupancy for investors, owner-occupants, or multigenerational households.

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Multifamily Property
Multifamily Property

16 Winter St, Waterville, ME 04901

$337,500
3,263 sqft

Historic multifamily asset with an established residential building footprint.

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Multi-Unit Apartment Building with Garage
Multi-Unit Apartment Building with Garage

11 Winter Street, Waterville, ME 04901

$595,000
3,941 sqft

Updated interiors, paved parking, and an attached owner’s residence create a flexible multifamily configuration.

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Waterville, ME Multifamily Properties Market Trends and Statistics

Explore 33 multifamily properties for sale in Waterville, ME, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 80,131 square feet of properties for sale, with an estimated market value of $9,407,500.

Sale prices for multifamily properties in Waterville, ME start at $99,800, averaging $324,396, and reaching up to $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 21
Triplexes 4
Apartment buildings 2
Short term rental properties 2

Demographics Overview

Population 27K
Population Growth (5Y) +2.2%
Median Household Income $54,122
College Educated 21.7%

High-Yield Neighborhoods for Investment

Identify Waterville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04901 $353.8K

Taxes & Financing

Tax Rate (average for all types) 1.82%
Property Tax per SF $34.09 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kennebec County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Waterville fall within the 10,000 to 25,000 square foot range.

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