Discover this exceptional tenant-occupied 2-family home in Waterville, perfectly blending owner occupancy or full investment potential with over 31,200 in current annual rental income. Both units are professionally managed by Spectrum Property Management, covering lawn care, snow removal, and maintenance for true hands-off cash flow.
The first floor unit welcomes you through a classic front porch entry or a charming side entry. The front porch entry flows into an entry room and convenient laundry area. It features a separate living room and formal dining room with a built-in hutch for timeless elegance, an efficient galley kitchen, and three generous bedrooms for comfortable living.
Upstairs, the second unit offers a spacious layout highlighted by a large, modern kitchen, adjacent dining room, and three well-appointed bedrooms for versatile rental appeal.
Shared features include dual entry and exit options with a main front staircase to the porch plus private second-floor access. A full unfinished basement provides direct stairs from the first-floor kitchen and an exterior side door from the parking area, ideal for storage or exercise room. The level, expansive side yard is perfect for gatherings and includes a handy storage shed.
Live in one, rent the other, or let both units deliver steady income in this prime Waterville location. Schedule your showing today!
Active
$320,000
36 King Street, Waterville, ME 04901
5beds
2,411sqft
Est.:
Single Family Residence
Built in 1920
7,840.8 Square Feet Lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
Handy storage shedPrivate second-floor accessCharming side entryClassic front porch entryEfficient galley kitchenLarge modern kitchenConvenient laundry area
- 1 day |
- 355 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2026 at 02:36pm
Listed by:
Keller Williams Realty 207-240-7771
Source: Maine Listings,MLS#: 1655626
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bedroom 4
- Level: Second
Bedroom 5
- Level: Second
Bedroom 6
- Level: Second
Dining room
- Level: First
Exercise room
- Level: First
Kitchen
- Level: First
Kitchen
- Level: Second
Laundry
- Level: Second
Living room
- Level: First
Living room
- Level: Second
Heating
- Baseboard, Hot Water, Zoned
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Wood
- Basement: Doghouse,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,411
- Total interior livable area: 2,411 sqft
- Finished area above ground: 2,411
- Finished area below ground: 0
Property
Features
- Levels: Multi/Split
- Patio & porch: Deck, Glassed-in Porch, Porch
Lot
- Size: 7,840.8 Square Feet
- Features: Business District
Details
- Parcel number: WAVLM039B069
- Zoning: RC
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,Chalet,Other
- Property subtype: Single Family Residence
Materials
- Roof: Metal,Pitched,Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waterville
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $116,500
- Annual tax amount: $3,203
- Date on market: 3/27/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Listed for sale | $320,000+16.4%$133/sqft |
Source: | ||
| 8/19/2025 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/14/2025 | Price change | $1,400+7.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2025 | Listed for rent | $1,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/15/2022 | Sold | $275,000-8.3%$114/sqft |
Source: | ||
| 3/11/2022 | Contingent | $300,000$124/sqft |
Source: | ||
| 2/21/2022 | Price change | $300,000-6.3%$124/sqft |
Source: | ||
| 1/12/2022 | Listed for sale | $320,000+71.1%$133/sqft |
Source: | ||
| 6/22/2021 | Sold | $187,000$78/sqft |
Source: | ||
| 4/12/2021 | Pending sale | $187,000$78/sqft |
Source: | ||
| 3/25/2021 | Listed for sale | $187,000$78/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,330 +0.5% | $116,500 |
| 2023 | $2,318 +53.5% | $116,500 +99.5% |
| 2022 | $1,510 +13.6% | $58,400 +12.1% |
| 2021 | $1,329 | $52,100 |
| 2020 | $1,329 +86.9% | $52,100 |
| 2019 | $711 -12.4% | $52,100 |
| 2018 | $811 -33.2% | $52,100 |
| 2017 | $1,215 +2.3% | $52,100 |
| 2016 | $1,188 -30.4% | $52,100 -15.1% |
| 2015 | $1,707 +1.5% | $61,400 |
| 2014 | $1,682 | $61,400 |
| 2013 | $1,682 +6.8% | $61,400 |
| 2012 | $1,575 +19.5% | $61,400 +14.8% |
| 2011 | $1,318 -11.1% | $53,480 -12.9% |
| 2009 | $1,483 -1% | $61,400 |
| 2008 | $1,498 -5.8% | $61,400 |
| 2006 | $1,590 | $61,400 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,922/mo
Principal & interest
$1650
Property taxes
$272
More affordability tools
Climate risks
Neighborhood: 04901
Nearby schools
GreatSchools rating
- 5/10Albert S Hall SchoolGrades: 4-5Distance: 0.6 mi
- 5/10Waterville Junior High SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Waterville Senior High SchoolGrades: 9-12Distance: 0.8 mi
Local experts in 04901
- Maine
- Kennebec County
- Waterville
- 04901
- 36 King Street







