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    Waterville, ME Multifamily Properties for Sale

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    35 properties
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    Mixed-Use Building with Storefronts
    Updated: Oct 26
    Mixed-Use Building with Storefronts

    9-11 Water Street, Waterville, ME 04901

    $425,000
    13,036 sqft 0.67 AC lot
    13,036‑square‑foot mixed‑use property with commercial zoning
    Two ground‑floor storefronts
    Three upper‑level apartments: one 3‑bedroom, one 1‑bedroom, and an owner’s unit
    Attached rear garage/shop measures 1,488 SF and includes finished utility areas
    Flat roof replaced in 2023
    View details
    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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    Two-Unit Duplex with Updated Roof
    Two-Unit Duplex with Updated Roof

    19 Oakland Street, Waterville, ME 04901

    $167,500
    1,680 sqft 0.26 AC lot

    Residential duplex with two living units, public utilities, a porch, and a stream along the property.

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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 Duplex with Porches
    Two-Unit Duplex with Porches

    20 Prospect Street, Waterville, ME 04901

    $219,000
    1,896 sqft 0.28 AC lot

    Each apartment has two bedrooms, a full bath, and separate porch areas.

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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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    Duplex with Private Deck
    Duplex with Private Deck

    12 Butler Court, Waterville, ME 04901

    $179,000
    880 sqft 0.07 AC lot

    Public water and sewer serve the property, which also includes a carport and storage shed.

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    Triplex with Updated Upper Apartment
    Triplex with Updated Upper Apartment

    12 Boothby St, Waterville, ME 04901

    $549,900
    3,751 sqft

    The upper residence has been renovated, while each of the two side-by-side apartments includes private basement storage.

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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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    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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    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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    Updated Duplex
    Updated Duplex

    11 Autumn Street, Waterville, ME 04901

    $169,900
    2,250 sqft 0.09 AC lot

    Two residential units have received interior and building-system improvements, with utilities included.

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    Renovated Duplex with Basement
    Renovated Duplex with Basement

    63 Summer Street, Waterville, ME 04901

    $179,900
    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

    $239,900
    2,628 sqft

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

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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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    Medical Office Property with Apartments
    Medical Office Property with Apartments

    166 Silver Street, Waterville, ME 04901

    $325,000
    4,664 sqft 0.23 AC lot

    Adaptable medical office layout with two upstairs apartments, private outdoor space, and onsite parking.

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    Duplex with Updated Roofing
    Duplex with Updated Roofing

    19 Oakland Street, Waterville, ME 04901

    $167,500
    1,680 sqft

    Two-unit residential property with vinyl siding, a paved driveway, and functional layouts ready for further improvement.

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    Cape Cod Duplex
    Cape Cod Duplex

    2 Central Avenue, Waterville, ME 04901

    $259,000
    1,847 sqft 0.21 AC lot

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

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    Updated Duplex with Unit Improvements
    Updated Duplex with Unit Improvements

    11 Autumn St, Waterville, ME 04901

    $169,900
    2,250 sqft

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

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

    15-17 Pine Street, Waterville, ME 04901

    $185,000
    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 Building
    3-Unit Multifamily Building

    4 Sherwin Street, Waterville, ME 04901

    $309,000
    2,800 sqft

    Vacant apartments offer a two-bedroom first-floor layout and three bedrooms on each upper level.

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    3-Unit Multifamily Property
    3-Unit Multifamily Property

    8 High Street, Waterville, ME 04901

    $219,900
    2,214 sqft

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

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    Two-Unit Duplex with Covered Entry
    Two-Unit Duplex with Covered Entry

    20 Prospect St, Waterville, ME 04901

    $219,000
    1,896 sqft 0.25 AC lot

    Two residential units each offer double living rooms and multiple porches.

    View details
    Triplex with Newer Roof
    Triplex with Newer Roof

    8 High St, Waterville, ME 04901

    $219,900
    2,214 sqft

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

    View details
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    Waterville, ME Multifamily Properties Market Trends and Statistics

    Explore 38 multifamily properties for sale in Waterville, ME, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 100,734 square feet of properties for sale, with an estimated market value of $10,402,500.

    Sale prices for multifamily properties in Waterville, ME start at $99,800, averaging $305,955, 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 23
    Triplexes 6
    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 $307K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kennebec County

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    Residential Income

    Property Size Breakdown

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

    How Realmo verifies these figures

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    • 04901

    Featured Waterville Real Estate Agencies

    Realmo connects you with licensed Waterville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Coldwell Banker Plourde Real Estate
    143 Silver Street Waterville, ME 04901
    Phone: (207) 872-7650
    www.cbplourde.com
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