Beds
2,217 Sq. Ft.
$99 / Sq. Ft.
2,217
Sq. Ft.
$99
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
    P: (207)-314-8443 C: (207)-314-8443 coreysellsmaine@gmail.com

Property Details for 18 King Street

Architectural Style
New Englander
Has Waterfront
No
Zoning
RC
LISTING UPDATED: 06/25/2026 10:14 AM

Property Details for 18 King Street

StatusActive
MLS #1668861
Days on Market15
Taxes$2,417 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyKennebec County

Location

Listing Courtesy of Real Broker
Add your commute

Building Information for 18 King Street

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

Payment Calculator

$1,297 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,096

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
  • Water View: No
  • Page: 198-199
  • Directions: GPS compatible. Sign on property.
  • Latitude: 44.5399
  • Longitude: -$69.64
Taxes and HOA
  • Association: No
  • Parcel Number: WAVL-000039-000000-000057
  • Tax Lot: 57
  • Tax Book Number: 14724
  • Tax Map Number: 39
  • Tax Year: 2025
  • Tax Annual Amount: $2,417.00
Parking
  • Parking Features: Paved, 1 - 4 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Intown, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5227.2
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Measured (ANSI)
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 2217.0
  • Building Area Total: 2217.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Year Built: 1900
Building Features
  • Foundation Details: Block, Stone, Brick/Mortar
  • Construction Materials: Wood Frame, Shingle Siding, Wood Siding
  • Color: Brown
  • Stories: 2
  • Stories Total: 2
Financial Information
  • List Price/SqFt: $99.19
Utilities
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Roof: Metal
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Basement: Exterior Entry, Unfinished
  • Has Fireplace: No
  • Has Cooling: No
  • Heating: Oil, Baseboard, Hot Water
  • Has Heating: Yes
  • Flooring: Carpet, Laminate, Wood
Multi Family
Multi Family Information
  • # of 1 BD Units: 1
  • # of 2 BD Units: 1
  • # of 4+ BD Units: 1
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $39,000.00
  • Operating Expense: $16,258.26
Unit Information
Unit 1
  • Num Full Baths: 1
  • Dedicated Electric Meter: No
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: Yes
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,250.00
  • Beds Total: 4
  • Key: 722191f74fbcdba7fa6f1d4da3db0a3a
  • Rooms Total: 7
Unit 2
  • Num Full Baths: 1
  • Dedicated Electric Meter: No
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: Yes
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $900.00
  • Beds Total: 1
  • Key: 8ef675f5cc4b083a4edd014325e795ce
  • Rooms Total: 3
Unit 3
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,100.00
  • Beds Total: 2
  • Key: dd2ac4a73d27949d2ecad7f577e6064d
  • Rooms Total: 4
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 18 King Street

DateEvent & SourcePriceAppreciation
Jun 25, 2026

Listed (Active)

Maine Listings #1668861

$219,900
Jun 8, 2026

Expired

Maine Listings #1653429

$224,900
Mar 5, 2026

Listed (Active)

Maine Listings #1653429

$235,000
DateEvent & SourcePrice
06/25/2026

Listed (Active)

Maine Listings #1668861

$219,900
06/08/2026

Expired

Maine Listings #1653429

$224,900
03/05/2026

Listed (Active)

Maine Listings #1653429

$235,000

For completeness, we 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

18 King Street is a multi-family home for sale in Waterville, ME 04901. This property was listed for sale on June 25, 2026 by Real Broker, it's currently listed at $219,900. It has been on the market for a total of 15 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 0-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 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 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.