Looking to add a high-potential property to your portfolio? This versatile two-unit property offers the perfect blend of space, location, and potential. The main house is nearly 1,500 sqft and will be vacant at closing. It is ideal for an owner-occupant or tenant-ready remodel. The first floor features a large kitchen, family room, living room, dining area, full bath, a first floor bedroom, and a half bath being used as laundry. Upstairs are two additional bedrooms and another half bath. This unit has some original character with pocket doors and original hardwood floors.
The second unit is a spacious one bedroom apartment with a long term tenant of over 20 years, offering immediate cash flow and strong potential for a rent increase.
Situated on a rare double lot, the property includes a newer paved driveway, ample parking, generous yard space, and a massive 40+ ft garage, half of which was previously used as a workshop, perfect for hobbyists or added rental storage income.
While it could use some cosmetic updates, the bones are solid and the potential is clear. All of this in a desirable neighborhood. Walking distance to Waterville High School and just minutes from Colby College, Thomas College, hospitals, downtown, and I-95.
Whether you're house hacking or looking for your next value-add property, this is one you don't want to miss!
Pending
$189,900
136 Western Avenue, Waterville, ME 04901
4beds
2,151sqft
Est.:
Multi Family
Built in 1910
-- sqft lot
$193,800 Zestimate®
$88/sqft
$-- HOA
What's special
Spacious one bedroom apartmentNewer paved drivewayRare double lotOriginal hardwood floorsPocket doorsGenerous yard spaceAmple parking
- 12 days
- on Zillow |
- 1,369 |
- 66 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 13, 2025 at 02:47pm
Listed by:
Real Broker 207-314-8443
Source: Maine Listings,MLS#: 1621887

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Hot Water
Cooling
- None
Appliances
- Laundry: Laundry - 1st Floor, Main Level
Features
- 1st Floor Bedroom
- Flooring: Wood, Tile, Other
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,151
- Total interior livable area: 2,151 sqft
- Finished area above ground: 2,151
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: 5 - 10 Spaces, Paved, On Site
- Garage spaces: 2
Features
- Patio & porch: Glass Enclosed
Lot
- Size: 0.34 Acres
- Features: Sidewalks, City Lot, Near Shopping, Near Turnpike/Interstate
Details
- Parcel number: WAVLM047B061
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Roof: Metal
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waterville
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $165,000
- Annual tax amount: $3,300
- Date on market: 5/8/2025
- Road surface type: Paved
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