We are pleased to present this newly constructed 3-unit townhouse apartment building at 197 Northern Avenue in Augusta. Featuring spacious 2-bedroom units with high-quality finishes, private entrances, outdoor spaces, and on-site parking, this modern property is ideal for investors or owner-occupants seeking steady income and low maintenance. Built to energy-efficient standards and located near shopping, dining, schools, and transportation, it offers both convenience and long-term value. Live in one unit while the others offset your mortgage, or capitalize on its strong rental demand
for an excellent investment opportunity.
Closed
$640,000
197 Northern Avenue, Augusta, ME 04330
6beds
4,131sqft
Multi Family
Built in 2024
-- sqft lot
$664,500 Zestimate®
$155/sqft
$2,748 Estimated rent
Home value
$664,500
$505,000 - $870,000
$2,748/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 03, 2025 at 05:44am
Listed by:
The Dunham Group
Bought with:
Hearth & Key Realty
Source: Maine Listings,MLS#: 1610792
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Carpet, Laminate
- Basement: Interior Entry,Full
Interior area
- Total structure area: 4,131
- Total interior livable area: 4,131 sqft
- Finished area above ground: 2,754
- Finished area below ground: 1,377
Property
Parking
- Parking features: Common, 5 - 10 Spaces
Features
- Levels: Multi/Split
Lot
- Size: 0.52 Acres
- Features: Near Shopping, Near Turnpike/Interstate, Near Town
Details
- Parcel number: AUGUM00036B00009L00000
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 2024
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Augusta
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $640,000-7.9%$155/sqft |
Source:  Maine Listings #1610792 | ||
| 4/7/2025 | Pending sale | $695,000$168/sqft |
Source: Maine Listings #1610792 | ||
| 2/7/2025 | Price change | $695,000-6.1%$168/sqft |
Source: Maine Listings #1610792 | ||
| 12/6/2024 | Listed for sale | $740,000+2366.7%$179/sqft |
Source: Maine Listings #1610792 | ||
| 12/7/2022 | Sold | $30,000-14.3%$7/sqft |
Source: Maine Listings #1539024 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,210 +870.2% | $218,900 +835.5% |
| 2023 | $537 +4.7% | $23,400 |
| 2022 | $513 -16.4% | $23,400 -20.1% |
Find assessor info on the county website
Neighborhood: 04330
Nearby schools
GreatSchools rating
- 4/10Sylvio J Gilbert SchoolGrades: PK-6Distance: 0.3 mi
- 3/10Cony Middle SchoolGrades: 7-8Distance: 1.9 mi
- 4/10Cony Middle and High SchoolGrades: 9-12Distance: 1.9 mi
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