Beautiful 3-Unit Multi-Family in a Desirable Neighborhood
Discover a fantastic investment opportunity with this well-maintained three-unit property located in a highly sought-after, quiet neighborhood. Two of the units are spacious 2-bedroom apartments, each offering generous living areas, abundant natural light, and comfortable layouts perfect for families or long-term tenants. The third unit is a bright and efficient 1-bedroom, ideal for singles, couples, or those seeking a low-maintenance living space.
Situated within easy walking distance to the local elementary school and other town amenities this property appeals to renters looking for convenience and a family-friendly setting. The area is known for its well-kept homes, pleasant streets, and strong sense of communityâ€'an ideal location for reliable rental demand.
Whether you're an investor seeking strong income potential or an owner-occupant looking to live in one unit while renting the others, this property offers flexibility, value, and lasting appeal.
The building offers new roof shingles and a newer heating system.
Active
Price cut: $20K (1/6)
$249,900
8 High Street, Waterville, ME 04901
5beds
2,214sqft
Est.:
Multi Family
Built in 1938
-- sqft lot
$-- Zestimate®
$113/sqft
$-- HOA
What's special
Comfortable layoutsAbundant natural lightNewer heating systemNew roof shingles
- 94 days |
- 327 |
- 11 |
Zillow last checked: 8 hours ago
Listing updated: January 06, 2026 at 10:53am
Listed by:
Better Homes & Gardens Real Estate/The Masiello Group
Source: Maine Listings,MLS#: 1644451
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Zoned
Cooling
- None
Features
- Flooring: Carpet, Vinyl
- Basement: Bulkhead,Interior Entry
Interior area
- Total structure area: 2,214
- Total interior livable area: 2,214 sqft
- Finished area above ground: 2,214
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Deck, Glassed-in Porch, Porch
Lot
- Size: 9,147.6 Square Feet
Details
- Parcel number: WAVLM058B009
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander,Other
- Property subtype: Multi Family
Materials
- Roof: Pitched,Shingle
Condition
- Year built: 1938
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Waterville
Financial & listing details
- Price per square foot: $113/sqft
- Tax assessed value: $148,200
- Annual tax amount: $3,101
- Date on market: 11/28/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Price change | $249,900-7.4%$113/sqft |
Source:  Maine Listings #1644451 Report a problem | ||
| 11/28/2025 | Listed for sale | $269,900+104.5%$122/sqft |
Source: Maine Listings #1644451 Report a problem | ||
| 9/6/2023 | Sold | $132,000-20%$60/sqft |
Source: Maine Listings #1565994 Report a problem | ||
| 8/3/2023 | Pending sale | $165,000$75/sqft |
Source: Maine Listings #1565994 Report a problem | ||
| 7/31/2023 | Listed for sale | $165,000$75/sqft |
Source: Maine Listings #1565994 Report a problem | ||
| 7/21/2023 | Contingent | $165,000$75/sqft |
Source: Maine Listings #1565994 Report a problem | ||
| 7/20/2023 | Listed for sale | $165,000+106.3%$75/sqft |
Source: Maine Listings #1565994 Report a problem | ||
| 2/26/2019 | Sold | $80,000-4.6%$36/sqft |
Source: Maine Listings #1370303 Report a problem | ||
| 1/24/2019 | Pending sale | $83,900$38/sqft |
Source: CENTURY 21 Nason Realty, Inc. #1370303 Report a problem | ||
| 10/30/2018 | Price change | $83,900-4.1%$38/sqft |
Source: CENTURY 21 Nason Realty, Inc. #1370303 Report a problem | ||
| 9/18/2018 | Listed for sale | $87,500$40/sqft |
Source: Century 21 Nason Realty #1370303 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,964 +0.5% | $148,200 |
| 2023 | $2,949 +47.7% | $148,200 +92% |
| 2022 | $1,996 +1.4% | $77,200 |
| 2021 | $1,969 | $77,200 |
| 2020 | $1,969 -1% | $77,200 |
| 2019 | $1,989 +1.9% | $77,200 |
| 2018 | $1,951 +8.3% | $77,200 |
| 2017 | $1,801 +2.3% | $77,200 |
| 2016 | $1,760 +6.7% | $77,200 +30.2% |
| 2015 | $1,649 +1.5% | $59,300 |
| 2014 | $1,625 | $59,300 |
| 2013 | $1,625 +6.8% | $59,300 |
| 2012 | $1,521 +4% | $59,300 |
| 2011 | $1,462 +2.1% | $59,300 |
| 2009 | $1,432 -1% | $59,300 |
| 2008 | $1,447 -5.8% | $59,300 |
| 2006 | $1,536 | $59,300 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,501/mo
Principal & interest
$1289
Property taxes
$212
Climate risks
Neighborhood: 04901
Nearby schools
GreatSchools rating
- 3/10George J Mitchell SchoolGrades: PK-3Distance: 0.4 mi
- 5/10Waterville Junior High SchoolGrades: 6-8Distance: 2.8 mi
- 4/10Waterville Senior High SchoolGrades: 9-12Distance: 1 mi
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