228 Water St

$425,000
Price
4
Beds
1,260 Sq. Ft.
$337 / Sq. Ft.
1,260
Sq. Ft.
$337
per Sq. Ft.

Description

Magnificent Property - Two-bedroom duplex. First floor completely renovated. New kitchen with quartz countertops, fully applianced including washer and dryer. New floors throughout. New natural gas furnace, vinyl siding plus Kennebec River frontage with tremendous views of the river. Second floor unit has private entrance, two bedrooms and full bath. The basement has a poured concrete floor, completely spray foamed for energy efficiency. Another opportunity to have a business on the first floor and...Magnificent Property - Two-bedroom duplex. First floor completely renovated. New kitchen with quartz countertops, fully applianced including washer and dryer. New floors throughout. New natural gas furnace, vinyl siding plus Kennebec River frontage with tremendous views of the river. Second floor unit has private entrance, two bedrooms and full bath. The basement has a poured concrete floor, completely spray foamed for energy efficiency. Another opportunity to have a business on the first floor and rent the second-floor unit. Excellent parking with both units. Walking distance to Historic Hallowell, galleries, shops and restaurants.
  1. Listed by Kimberly Gleason • McAllister Real Estate

Property Details for 228 Water Street

Waterfront
Yes
ArchitecturalStyle
Cape Cod
Garage
No
Zoning
Downtown
LISTING UPDATED: 09/26/2025 09:48 AM

Property Details for 228 Water Street

StatusActive
MLS #1638864
Days on Market97
Taxes$4,290 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1850
Lot Size0.29 AC / 12,632 SF
CountyKennebec County

Location

Listing Courtesy of McAllister Real Estate
Add your commute

Building Information for 228 Water Street

Stories-Residences2Year Built1850Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$2,458 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,100

Property Taxes

$358

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 228 Water Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Water Body Name: Kennebec
  • Zip Code: 1335
  • Directions: Downtown Hallowell. Use GPS.
  • Town: Hallowell
  • State/Province: ME
  • Zip Code: 04347
  • County: Kennebec
  • Geo Latitude: 44.282491
  • Geo Longitude: -69.79125
  • Tax Lot: 190-192
  • Site:Level: Yes
  • Location:Business District: Yes
  • Location:Intown: Yes
  • Water Info:Waterfront Amount +: 156.00
  • Water Info:Water Frontage Owned: 156.00
  • Water Info:Water Frontage Shared: .00
  • Source of Water Frontage:Public Records: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 14979
  • Tax Map Number: 9
  • Tax Year: 2025
  • Parcel Number: HALL-000009-000000-000190
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $4,290.00
Virtual Tour
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: 1260.0
  • Lot Size Acres: 0.29
  • Source of Acreage: Public Records
  • Building Area Total: 1260.0
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Lot Size Square Feet: 12632.4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 228
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1850
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas:Natural - At Street: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
Interior Features
  • Basement: Interior, Partial
  • Flooring: Laminate, Carpet
  • Cooling: None
  • Heating: Direct Vent Furnace
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $.00
  • Operating Expenses: $.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • 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: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $.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:Range: Yes
  • Unit 3:Sewer: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 228 Water Street

DateEvent & SourcePriceAppreciation
Sep 23, 2025

Listed (Active)

Maine Listings #1638864

$425,000
Feb 9, 2024

Sold

Maine Listings #1555039

$210,000
Jan 18, 2024

Pending

Maine Listings #1555039

Jan 13, 2024

Active Under Contract

Maine Listings #1555039

Dec 31, 2023

Expired

Maine Listings #1555039

$375,000
Nov 30, 2023

Withdrawn

Maine Listings #1555039

$375,000
Jul 31, 2023

Expired

Maine Listings #1555039

$375,000
Mar 27, 2023

Listed (Active)

Maine Listings #1555039

$549,000
Dec 26, 2019

Withdrawn

Maine Listings #1425807

$395,000
Jul 15, 2019

Listed (Active)

Maine Listings #1425807

$395,000
Aug 7, 2015

Sold

Maine Listings #1215335

$210,000
May 8, 2015

Pending

Maine Listings #1215335

May 8, 2015

Active Under Contract

Maine Listings #1215335

May 8, 2015

Listed (Active)

Maine Listings #1215335

$249,000
May 7, 2015

Active Under Contract

Maine Listings #1215335

May 4, 2015

Listed (Active)

Maine Listings #1215335

$249,000
Sep 9, 2013

Expired

Maine Listings #1083345

$249,000
Mar 11, 2013

Listed (Active)

Maine Listings #1083345

$249,000
DateEvent & SourcePrice
09/23/2025

Listed (Active)

Maine Listings #1638864

$425,000
02/09/2024

Sold

Maine Listings #1555039

$210,000
01/18/2024

Pending

Maine Listings #1555039

01/13/2024

Active Under Contract

Maine Listings #1555039

12/31/2023

Expired

Maine Listings #1555039

$375,000
11/30/2023

Withdrawn

Maine Listings #1555039

$375,000
07/31/2023

Expired

Maine Listings #1555039

$375,000
03/27/2023

Listed (Active)

Maine Listings #1555039

$549,000
12/26/2019

Withdrawn

Maine Listings #1425807

$395,000
07/15/2019

Listed (Active)

Maine Listings #1425807

$395,000
08/07/2015

Sold

Maine Listings #1215335

$210,000
05/08/2015

Pending

Maine Listings #1215335

05/08/2015

Active Under Contract

Maine Listings #1215335

05/08/2015

Listed (Active)

Maine Listings #1215335

$249,000
05/07/2015

Active Under Contract

Maine Listings #1215335

05/04/2015

Listed (Active)

Maine Listings #1215335

$249,000
09/09/2013

Expired

Maine Listings #1083345

$249,000
03/11/2013

Listed (Active)

Maine Listings #1083345

$249,000

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

Public Records for 228 Water Street

Taxable ValueLand$91,500Additions$109,700Total$201,200
Tax Record2024$4,004 ($334 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,260 SqFtAbove Grade Finished SqFt1,260 SqFtStories2Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1850CountyKENNEBECAPNHALL M:009 L:190

Schools near 228 Water Street

This home is within Regional School Unit 02.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Henry L Cottrell School
PublicPK to 3

Dresden Elementary School
PublicPK to 5

Marcia Buker School
PublicPK to 5

Hall-Dale Elementary School
PublicPK 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.

Similar Homes

Similar Sold Homes

228 Water Street is a multi-family home for sale in Hallowell, ME 04347. This property was listed for sale on September 23, 2025 by McAllister Real Estate, it's currently listed at $425,000. It has been on the market for a total of 97 days and was last sold on February 9, 2024. This listing's school district is Regional School Unit 02. Nearby schools include Henry L Cottrell School, Dresden Elementary School and Marcia Buker School. 228 Water Street is a 4-bed, 2-bath, 1,260 sqft multi-family home built in 1850.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of McAllister Real Estate

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.