137 Spring Street

Closed 11/1/24
Closed 11/1/24
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Sold
Last Sold Price
$320,000
2,460 sqft$130/sqft
137 Spring St, Gardiner, ME 04345
Multi FamilyProperty Type
8,712 sq ftLot Size
1856Year Built
$130/sq ftPrice per sq ft

Description

Incredible investment or owner occupied opportunity in Gardiner! This recently renovated 2 unit is ideally located just minutes to downtown Gardiner, the local restaurants and shops of Hallowell, and the city of Augusta. This multi family consists of a 3 bedroom unit and 1 bedroom unit with dedicated heat and electricity. Amenities include off street parking, spacious units, an enclosed porch, washer and dryer hookup, large green space, new heat pump, and more. With less than an hour from Portland,...Incredible investment or owner occupied opportunity in Gardiner! This recently renovated 2 unit is ideally located just minutes to downtown Gardiner, the local restaurants and shops of Hallowell, and the city of Augusta. This multi family consists of a 3 bedroom unit and 1 bedroom unit with dedicated heat and electricity. Amenities include off street parking, spacious units, an enclosed porch, washer and dryer hookup, large green space, new heat pump, and more. With less than an hour from Portland, and quick and easy access to 95 + 295, this investment property attracts interest from an expansive tenant pool. At an NOI of over $30k and a 10+ cap, or a set up that lends itself to an ideal owner occupied with additional income to pay the mortgage, this property serves as a rare opportunity in this limited market!
  • Listed by: Amber Purty 207.808.3050 amber@thecollectivereco.com • The Collective Real Estate Co
  • Listed by: RYAN MCQUAID 207.838.8681 ryan@thecollectivereco.com • The Collective Real Estate Co
Listing closed: 11/01/2024 12:00 AM • Source: Maine Listings, MLS#: 1603484

Recent comparable sales

Median sold price

$312,500

Avg days on market

16

Sale-to-list ratio

101.3%

Gardiner, ME

9 comparable properties found

$320,000 | 117 Dresden Avenue, Gardiner, ME 04345
1/44
1

$320,000

Sold 09/09/25

Unavailable
Bedrooms
2,196
Square Feet
0.68
Acres

117 Dresden Avenue, Gardiner, ME 04345

$333,000 | 22 Spring Street, Gardiner, ME 04345
1/61
2

$333,000

Sold 08/14/26

Unavailable
Bedrooms
2,048
Square Feet
0.3
Acres

22 Spring Street, Gardiner, ME 04345

$302,000 | 148 Dresden Avenue, Gardiner, ME 04345
1/12
3

$302,000

Sold 06/20/25

Unavailable
Bedrooms
1,872
Square Feet
0.06
Acres

148 Dresden Avenue, Gardiner, ME 04345

$316,000 | 51 Spring Street, Gardiner, ME 04345
1/23
4

$316,000

Sold 07/31/26

Unavailable
Bedrooms
2,683
Square Feet
0.32
Acres

51 Spring Street, Gardiner, ME 04345

$350,000 | 49 Chestnut Street, Gardiner, ME 04345
1/5
5

$350,000

Sold 04/11/25

Unavailable
Bedrooms
2,760
Square Feet
0.21
Acres

49 Chestnut Street, Gardiner, ME 04345

$307,300 | 29 Fremont Street, Gardiner, ME 04345
1/24
6

$307,300

Sold 02/10/26

Unavailable
Bedrooms
3,560
Square Feet
0.25
Acres

29 Fremont Street, Gardiner, ME 04345

$265,000 | 13 Freemont Street, Gardiner, ME 04345
1/128
7

$265,000

Sold 09/16/24

Unavailable
Bedrooms
1,656
Square Feet
0.16
Acres

13 Freemont Street, Gardiner, ME 04345

$312,500 | 610 Water Street, Gardiner, ME 04345
1/77
8

$312,500

Sold 01/23/25

Unavailable
Bedrooms
2,896
Square Feet
0.56
Acres

610 Water Street, Gardiner, ME 04345

9

$244,000

Sold 09/02/25

Unavailable
Bedrooms
2
Bathrooms
1,470
Square Feet
0.4
Acres

126 Harrison Avenue, Gardiner, ME 04345

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Location

Listing Courtesy of The Collective Real Estate Co

Sold By Regency Realty Group

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$1,871 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,627

Property Taxes

$244

HOA Dues

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Property Information for 137 Spring Street

Property Details
  • Taxes: $2,932 / year
  • MLS Type: Multi-Family
  • County: Kennebec County
  • Architectural Style: Other
  • Style: Other
  • Has Waterfront: No
  • Zoning: HDR
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1856
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping, Near Turnpike/Interstate
  • Page: 68
  • Zoning Overlay: No
  • Directions: GPS Location is accurate.
  • Latitude: 44.234962
  • Longitude: -$69.78
Taxes and HOA
  • Association: No
  • Parcel Number: GARR-000036-000000-000050
  • Tax Lot: 050
  • Tax Book Number: 13963
  • Tax Map Number: 036
  • Tax Year: 2023
  • Tax Annual Amount: $2,932.00
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street
  • Parking: 5 - 10 Spaces, Off Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Open, Level, Intown, Near Shopping, Near Turnpike/Interstate
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Open
Property and Assessments
  • Above Grade Finished Area: 2460.0
  • Building Area Total: 2460.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Construction: Wood Frame
  • Structure Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1856
Building Features
  • Construction Materials: Vinyl Siding, Asbestos, Wood Frame
  • Stories: 2
  • Stories Total: 2
Financial Information
  • List Price/SqFt: $132.11
Utilities
  • Heat Fuel: Electric, Gas Natural
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Recreational Water: Nearby, River/Brook/Stream
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Asbestos, Vinyl Siding
  • Roof: Metal, Shingle
  • Driveway: Gravel
Interior Features
  • Amenities: Laundry - Hookup
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Laundry Features: Washer Hookup
  • Basement: Interior, Crawl Space, Partial, Unfinished
  • Basement: Crawl Space, Partial, Unfinished
  • Patio And Porch Features: Porch
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Heat Pump, Direct Vent Heater
  • Has Heating: Yes
  • Flooring: Wood, Composition
Room Information
Laundry
  • Laundry Room Amenities: Washer Hookup
Multi Family
Multi Family Information
  • # of 1 BD Units: 1
  • # of 3 BD Units: 1
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $39,000.00
  • Operating Expense: $6,129.00
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: Yes

Property History for 137 Spring Street

DateEvent & SourcePriceAppreciation
Nov 1, 2024

Sold (Public Record)

Public Record #1544223377

$320,000—
Nov 1, 2024

Sold

Maine Listings #1603484

$320,000—
Sep 27, 2024

Pending

Maine Listings #1603484

—
DateEvent & SourcePrice
11/01/2024

Sold (Public Record)

Public Record #1544223377

$320,000
11/01/2024

Sold

Maine Listings #1603484

$320,000
09/27/2024

Pending

Maine Listings #1603484

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 137 Spring Street

Taxable ValueLand$21,400Additions$102,300Total$123,700
Tax Record2025$3,253 ($271 / month)
Home Facts
Baths2Total Finished SqFt2,460 SqFtAbove Grade Finished SqFt2,460 SqFtStories2Lot Size8,712 SqFtStyleDuplexYear Built1856Year Renovated1856Zoning12CountyKENNEBECAPNGARR M:036 B:050

Schools near 137 Spring Street

This home is within Regional School Unit 11 Msad 11.
Rating
School
Type
Grades
Distance
Laura E Richards School
Public - PK to 2
Gardiner Regional Middle School
Public - 6 to 8
Gardiner Area High School
Public - 9 to 12
Pittston Consolidated School
Public - K to 5
Rating
School
Distance
Laura E Richards School
PublicPK to 2

Gardiner Regional Middle School
Public6 to 8

Gardiner Area High School
Public9 to 12

Pittston Consolidated School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 137 Spring Street, Gardiner, ME 04345
$320,000
–
2,460
8,712
141 Spring Street, Gardiner, ME 04345
$84,000
6
2,221
13,068
129 Spring Street, Gardiner, ME 04345
–
3
1
1,270
13,068
145 Spring Street, Gardiner, ME 04345
–
–
2
1,950
13,068
37 Mt Vernon Street, Gardiner, ME 04345
–
3
1
1,724
4,356
134 Spring Street, Gardiner, ME 04345
$162,000
–
2,832
55,321

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Collective Real Estate Co

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.