5 Preston Street

Closed 12/18/24
Closed 12/18/24
Front View
Garage
Rear View
Sold
Last Sold Price
$245,000
1,800 sqft
5 Preston St, Waterville, ME 04901
Multi FamilyProperty Type
0.15 acresLot Size
1955Year Built
$136/sq ftPrice per sq ft
2 carsParking Spaces

Description

Welcome to 5 Preston St, a spacious 2 - Unit offering 2 bedroom apartments situated on a manageable 0.15 -acre lot in Waterville. This property is ideal for both investors and those looking to owner-occupy while generating rental income. Additional features include: A detached 2 car garage and a paved driveway providing additional off-street parking options. . With its prime location is a smart investment in Waterville's thriving real estate market. Don't miss out on this versatile and attractive...Welcome to 5 Preston St, a spacious 2 - Unit offering 2 bedroom apartments situated on a manageable 0.15 -acre lot in Waterville. This property is ideal for both investors and those looking to owner-occupy while generating rental income. Additional features include: A detached 2 car garage and a paved driveway providing additional off-street parking options. . With its prime location is a smart investment in Waterville's thriving real estate market. Don't miss out on this versatile and attractive property!
  • Listed by: Rachel Anderson 207.649.2156 randerson@cbplourde.com • Coldwell Banker Plourde Real Estate
Listing closed: 12/18/2024 12:00 AM • Source: Maine Listings, MLS#: 1607204

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Recent comparable sales

Median sold price

$235,000

Avg days on market

7

Sale-to-list ratio

101.2%

Waterville, ME

9 comparable properties found

$238,000 | 4 Pare Street, Waterville, ME 04901
1/41
1

$238,000

Sold 07/14/26

Unavailable
Bedrooms
1,704
Square Feet
0.12
Acres

4 Pare Street, Waterville, ME 04901

$275,000 | 9 Tardiff Street, Waterville, ME 04901
1/63
2

$275,000

Sold 11/18/25

Unavailable
Bedrooms
1,814
Square Feet
0.16
Acres

9 Tardiff Street, Waterville, ME 04901

$215,000 | 22 Sherwin Street, Waterville, ME 04901
1/30
3

$215,000

Sold 03/31/25

Unavailable
Bedrooms
1,932
Square Feet
0.21
Acres

22 Sherwin Street, Waterville, ME 04901

$235,000 | 72 Western Avenue, Waterville, ME 04901
1/2
4

$235,000

Sold 02/20/26

Unavailable
Bedrooms
1,970
Square Feet
0.18
Acres

72 Western Avenue, Waterville, ME 04901

$235,000 | 51 Western Avenue, Waterville, ME 04901
1/29
5

$235,000

Sold 08/17/26

Unavailable
Bedrooms
1,732
Square Feet
0.1
Acres

51 Western Avenue, Waterville, ME 04901

$220,000 | 1 Spring Place, Waterville, ME 04901
1/18
6

$220,000

Sold 01/06/25

Unavailable
Bedrooms
1,800
Square Feet
0.08
Acres

1 Spring Place, Waterville, ME 04901

$250,000 | 5 Elmhurst Street, Waterville, ME 04901
1/3
7

$250,000

Sold 05/30/25

Unavailable
Bedrooms
1,870
Square Feet
0.16
Acres

5 Elmhurst Street, Waterville, ME 04901

8

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Sold 06/05/25

Unavailable
Bedrooms
1,709
Square Feet
0.11
Acres

3 Union Street, Waterville, ME 04901

$235,000 | 41 Bay Street, Waterville, ME 04901
1/13
9

$235,000

Sold 07/10/26

Unavailable
Bedrooms
2,037
Square Feet
0.24
Acres

41 Bay Street, Waterville, ME 04901

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Location

Listing Courtesy of Coldwell Banker Plourde Real Estate

Sold By Keller Williams Realty

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Property Information for 5 Preston Street

Property Details
  • Taxes: $3,146 / year
  • MLS Type: Multi-Family
  • County: Kennebec County
  • Architectural Style: New Englander
  • Style: New Englander
  • Has Waterfront: No
  • Zoning: RB
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1955
  • Lot Size: 0.15 AC / 6,534 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Turnpike/Interstate, Neighborhood
  • Page: 88
  • Zoning Overlay: No
  • Directions: Silver Street to Preston Street. Home on left after parking lot.
  • Latitude: 44.542337
  • Longitude: -$69.64
  • Transportation: Major Road Access
Taxes and HOA
  • Association: No
  • Parcel Number: WAVL-000039-000000-000175
  • Tax Lot: 175
  • Tax Book Number: 10852
  • Tax Map Number: 39
  • Tax Year: 2024
  • Tax Annual Amount: $3,146.00
Parking
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Detached
  • Parking: 1 - 4 Spaces, On Site, Paved
  • Vehicle Storage: 2 Car, Detached
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
Property
Lot Information
  • Lot Features: Well Landscaped, Level, Sidewalks, Intown, Near Turnpike/Interstate, Neighborhood
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 6534.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Sidewalks, Well Landscaped
Property and Assessments
  • Above Grade Finished Area: 1800.0
  • Building Area Total: 1800.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Restrictions: No Restrictions
  • Construction: Wood Frame
  • Year Built: 1955
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Concrete Perimeter
  • Foundation Materials: Poured Concrete
  • Construction Materials: Vinyl Siding, Wood Frame
  • Color: White
  • Stories: 2
  • Stories Total: 2
Financial Information
  • List Price/SqFt: $131.94
Utilities
  • Heat Fuel: Oil
  • # Heating Units: 1
  • # Water Heaters: 1
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Shingle
  • Driveway: Paved
Interior Features
  • Amenities: 1st Floor Bedroom, Laundry - Hookup
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Laundry Features: Washer Hookup
  • Basement: Interior, Full, Unfinished
  • Basement: Full, Unfinished
  • Patio And Porch Features: Porch
  • Has Cooling: No
  • Heating: Zoned, Radiator, Hot Water, Baseboard
  • Has Heating: Yes
  • Flooring: Wood, Vinyl
  • Interior Features: 1st Floor Bedroom
Room Information
Laundry
  • Laundry Room Amenities: Washer Hookup
Multi Family
Multi Family Information
  • # of 2 BD Units: 2
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $16,200.00
  • Operating Expense: $8,250.00
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions
Tenant Information
  • Occupant Type: No

Property History for 5 Preston Street

DateEvent & SourcePriceAppreciation
Dec 18, 2024

Sold

Maine Listings #1607204

$245,000—
Nov 1, 2024

Pending

Maine Listings #1607204

—
Oct 11, 2024

Listed (Active)

Maine Listings #1607204

$237,500—
DateEvent & SourcePrice
12/18/2024

Sold

Maine Listings #1607204

$245,000
11/01/2024

Pending

Maine Listings #1607204

—
10/11/2024

Listed (Active)

Maine Listings #1607204

$237,500

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

Public Records for 5 Preston Street

Taxable ValueLand$25,000Additions$187,700Total$212,700
Tax Record2025$3,616 ($301 / month)
Home Facts
Baths2Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories2Lot Size6,534 SqFtStyleDuplexYear Built1955Year Renovated1955CountyKENNEBECAPNWAVL M:039 B:175

Schools near 5 Preston Street

This home is within Waterville Public Schools.
Rating
School
Type
Grades
Distance
George J Mitchell School
Public - PK to 3
Albert S Hall School
Public - 4 to 5
Waterville Junior High School
Public - 6 to 8
Waterville Senior High School
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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5 Preston Street, Waterville, ME 04901
$245,000
–
1,800
6,534
1 Preston Street, Waterville, ME 04901
$215,000
–
2,000
10,890
51 Summer Street, Waterville, ME 04901
–
–
2
2,000
5,227
4 Preston Street, Waterville, ME 04901
$185,000
4
1,750
10,454
2 Preston Street, Waterville, ME 04901
$55,500
2
1,296
3,920
49 Summer Street, Waterville, ME 04901
$134,500
3
1,585
4,791

Explore Nearby Homes

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Listing Courtesy of Coldwell Banker Plourde 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.