2,217 Sq. Ft.
$106 / Sq. Ft.
2,217
Sq. Ft.
$106
per Sq. Ft.

Description

Have you been searching for a true cash flow opportunity or the perfect owner-occupied setup where your tenants help pay the mortgage? This three-unit property checks all the boxes. It features a spacious 4 bedroom apartment, a 2 bedroom apartment, and a 1 bedroom apartment, all of which have been remodeled within the past few years along with several additional upgrades throughout the property. The location is equally appealing. It is within walking distance to the rejuvenated downtown Waterville...Have you been searching for a true cash flow opportunity or the perfect owner-occupied setup where your tenants help pay the mortgage? This three-unit property checks all the boxes. It features a spacious 4 bedroom apartment, a 2 bedroom apartment, and a 1 bedroom apartment, all of which have been remodeled within the past few years along with several additional upgrades throughout the property. The location is equally appealing. It is within walking distance to the rejuvenated downtown Waterville area and only minutes from the hospital, highway, colleges, and airport. Updated and affordable three unit properties are rare in this market and always in high demand. Whether you are building your investment portfolio or looking for a smart way to live in one unit while renting the other two, this is an opportunity you will not want to miss!
  1. Listed by Corey Lee • Real Broker

Property Details for 18 King Street

Waterfront
No
ArchitecturalStyle
New Englander
Garage Spaces
.00
Garage
No
Zoning
RC
LISTING UPDATED: 03/05/2026 02:21 PM

Property Details for 18 King Street

StatusActive
MLS #1653429
Days on Market20
Taxes$2,417 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyKennebec County

Location

Listing Courtesy of Real Broker
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Building Information for 18 King Street

Stories2Residences3Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$1,342 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,140

Property Taxes

$201

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 18 King Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 5844
  • Directions: GPS Compatible.
  • Town: Waterville
  • State/Province: ME
  • Zip Code: 04901
  • County: Kennebec
  • Geo Latitude: 44.539909
  • Geo Longitude: -69.63846
  • Tax Lot: 57
  • Site:Level: Yes
  • Location:Intown: Yes
  • Location:Near Country Club: Yes
  • Location:Near Golf Course: Yes
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Neighborhood: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Paved
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 14724
  • Tax Map Number: 39
  • Tax Year: 2025
  • Parcel Number: WAVL-000039-000000-000057
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $2,417.00
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2217.0
  • Lot Size Acres: 0.12
  • Source of Acreage: Public Records
  • Building Area Total: 2217.0
  • Lot Size Area: 0.12
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5227.2
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 18
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Brown
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Shingle Siding, Wood Frame
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Metal
Interior Features
  • Basement: Exterior Only, Unfinished
  • Flooring: Wood, Laminate, Carpet
  • Cooling: None
  • Heating: Hot Water, Baseboard
  • Foundation Details: Block, Stone, Brick/Mortar
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $39,000.00
  • Operating Expenses: $16,258.26
Multi-Family Information
  • Number of Units: 3
  • Building Info:# Fireplaces: 0
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $900.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 3.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,100.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,250.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 7.00
  • Unit 3:# of Bedrooms: 4.00
  • Unit 3:Dedicated Electric Meter: No
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: Yes
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Electric: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 1

Property History for 18 King Street

DateEvent & SourcePriceAppreciation
Mar 5, 2026

Listed (Active)

Maine Listings #1653429

$235,000
Mar 31, 2023

Sold (Public Record)

Public Record #1508487573

$110,000
Mar 31, 2023

Sold

Maine Listings #1551849

$110,000
Feb 7, 2023

Active Under Contract

Maine Listings #1551849

Feb 2, 2023

Listed (Active)

Maine Listings #1551849

$115,000
Feb 1, 2023

Withdrawn

Maine Listings #1550628

$120,000
Jan 9, 2023

Pending

Maine Listings #1550628

Jan 9, 2023

Withdrawn

Maine Listings #1550628

$120,000
Jan 9, 2023

Active Under Contract

Maine Listings #1550628

Jan 6, 2023

Listed (Active)

Maine Listings #1550628

$120,000
Sep 24, 2022

Expired

Maine Listings #1522607

$109,900
Jul 13, 2022

Pending

Maine Listings #1522607

Jul 12, 2022

Active Under Contract

Maine Listings #1522607

Apr 12, 2022

Price Change

Maine Listings #1522607

$119,900
Mar 24, 2022

Listed (Active)

Maine Listings #1522607

$134,900
DateEvent & SourcePrice
03/05/2026

Listed (Active)

Maine Listings #1653429

$235,000
03/31/2023

Sold (Public Record)

Public Record #1508487573

$110,000
03/31/2023

Sold

Maine Listings #1551849

$110,000
02/07/2023

Active Under Contract

Maine Listings #1551849

02/02/2023

Listed (Active)

Maine Listings #1551849

$115,000
02/01/2023

Withdrawn

Maine Listings #1550628

$120,000
01/09/2023

Pending

Maine Listings #1550628

01/09/2023

Withdrawn

Maine Listings #1550628

$120,000
01/09/2023

Active Under Contract

Maine Listings #1550628

01/06/2023

Listed (Active)

Maine Listings #1550628

$120,000
09/24/2022

Expired

Maine Listings #1522607

$109,900
07/13/2022

Pending

Maine Listings #1522607

07/12/2022

Active Under Contract

Maine Listings #1522607

04/12/2022

Price Change

Maine Listings #1522607

$119,900
03/24/2022

Listed (Active)

Maine Listings #1522607

$134,900

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

Public Records for 18 King Street

Taxable ValueLand$9,800Additions$132,400Total$142,200
Tax Record2025$2,417 ($201 / month)
Home Facts
Baths3Total Finished SqFt2,208 SqFtAbove Grade Finished SqFt2,208 SqFtStories2Lot Size5,227 SqFtStyleTriplexYear Built1900CountyKENNEBECAPNWAVL M:039 B:057

Schools near 18 King Street

This home is within Waterville Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
George J Mitchell School
PublicPK to 3

Albert S Hall School
Public4 to 5

Waterville Junior High School
Public6 to 8

Waterville Senior High School
Public9 to 12

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.

Similar Homes

Similar Sold Homes

18 King Street is a multi-family home for sale in Waterville, ME 04901. This property was listed for sale on March 5, 2026 by Real Broker, it's currently listed at $235,000. It has been on the market for a total of 20 days and was last sold on March 31, 2023. This listing's school district is Waterville Public Schools. Nearby schools include George J Mitchell School, Albert S Hall School and Waterville Junior High School. 18 King Street is a 7-bed, 3-bath, 2,217 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.