Nice three unit building with nearly $40k annual potential rental income in Augusta's historic west side neighborhood on over one acre of land. With one unit vacant, this is a great opportunity for an owner occupant to move in or value add opportunity for an investor with placement of new tenant. The first floor includes a one bedroom unit (currently vacant) and a four bedroom unit and the second floor includes a two bedroom unit with an addition that is not fully finished which could be turned into a third bedroom. Gross annual income stated by owner of $39,600 based on current rental amounts, vacant one bedroom previously rented at $1000 per month. Tenants pay for heat and electric.
Beautiful well maintained 3-unit apartment building located on a dead end street overlooking the city. One 1 bedroom, one 2 bedroom, and one 4 bedroom unit. Friendly neighbors and within walking distance to local park and shopping. Long term tenants. Large private outdoor area with fire pit.
MREIS #1467369
Nov 5, 2020
Price Changed
$149,000
$69/sq ft
Sep 3, 2020
Listed
$158,000
$73/sq ft
MREIS #1430329
Aug 22, 2019
Listed
$129,900
$60/sq ft
MREIS #1037389
Dec 14, 2011
Listed
$29,900
$14/sq ft
MREIS #998039
Nov 30, 2010
Listed
$89,900
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,533 (+2.6%)
$26,700 + $77,100
$103,800
2024
$2,470 (+3.7%)
$26,700 + $77,100
$103,800
2023
$2,383 (+4.7%)
$26,700 + $77,100
$103,800
2022
$2,275 (+4.6%)
$26,700 + $77,100
$103,800
2021
$2,174 (+11.0%)
$26,700 + $77,100
$103,800
2020
$1,958 (+1.9%)
$26,700 + $66,800
$93,500
2019
$1,921
$26,700 + $64,900
$91,600
2018
$1,921 (+2.9%)
$26,700 + $64,900
$91,600
2017
$1,867 (+3.0%)
$26,700 + $64,900
$91,600
2016
$1,813 (+2.3%)
$26,700 + $64,900
$91,600
2015
$1,773 (+3.9%)
$26,500 + $64,900
$91,400
2014
$1,706
$26,500 + $64,900
$91,400
Tax history for 36 Prospect St
Year
Property tax
Land + Additions
Assessment*
2025
$2,533 (+2.6%)
$26,700 + $77,100
$103,800
2024
$2,470 (+3.7%)
$26,700 + $77,100
$103,800
2023
$2,383 (+4.7%)
$26,700 + $77,100
$103,800
2022
$2,275 (+4.6%)
$26,700 + $77,100
$103,800
2021
$2,174 (+11.0%)
$26,700 + $77,100
$103,800
2020
$1,958 (+1.9%)
$26,700 + $66,800
$93,500
2019
$1,921
$26,700 + $64,900
$91,600
2018
$1,921 (+2.9%)
$26,700 + $64,900
$91,600
2017
$1,867 (+3.0%)
$26,700 + $64,900
$91,600
2016
$1,813 (+2.3%)
$26,700 + $64,900
$91,600
2015
$1,773 (+3.9%)
$26,500 + $64,900
$91,400
2014
$1,706
$26,500 + $64,900
$91,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
0.5
Stories
2
Lot width
—
Lot depth
—
Lot size
1.07 Acres
Year renovated
—
Sq. Ft.
2,162
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Kennebec County
APN
698625
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Parking Features: 5 - 10 Spaces, Gravel
Interior
Bathroom Information
# of Baths (Full): 3
Basement Information
Basement Entry: Walk-Out Access, Dirt Floor, Exterior Only
Interior Features
Flooring: Wood, Vinyl, Laminate, Carpet
Multi-Unit Information
# of Units Total: 3
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 1
# of 4 Bedroom Units: 1
Operating Expense: $4,605
Gross Income: $39,600
Unit 1 Information
# of Bedrooms: 4
Actual Rent: $1,100
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 1
Actual Rent: $1,000
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 2
Actual Rent: $1,200
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Asbestos, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Metal
Total Building Area (Sq. Ft.): 2,162
Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 2,162
Lot Information
Lot Size (Sq. Ft.): $46,609.20
Lot Size (Acres): 1.07
Lot Size Source: Public Records
Lot Features: Rolling/Sloping, Open, Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
Road Surface Type: Paved
Zoning: Res
Financial
Tax Information
Annual Tax Amount: $2,174
Tax Year: 2021
Utilities
Utility Information
Has Heating
Heating: Direct Vent Heater, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric
Location
Location Information
Unparsed Address: 36 Prospect Street, Augusta, ME 04330
Public facts
Beds: 4
Baths: 0.5
Sq. Ft.: 2,162
Stories: 2.0
Lot Size: 1.07 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Kennebec County
APN: 698625
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Lincoln School
Public K-6 • Assigned • 0.5mi
5/10
Cony Middle School
Public 7-8 • Assigned • 1.8mi
3/10
Cony High School
Public 9-12 • Assigned • 1.8mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Augusta, ME • 04330
Average low and high temperatures (°F)
28
11
32
11
43
25
54
35
65
46
77
55
82
60
81
55
73
50
61
41
48
31
33
16
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.9 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.
7.9 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$304,000 – $368,000
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