OFF MARKET

Off Market Nov 2024 for $320K

$320,111

•

2,460

sq ft

137 Spring St, Gardiner, ME 04345

About this home

Incredible investment or owner occupied opportunity in Gardiner! This recently renovated 2 unit is ideally located just minutes to downtown Gardiner, the local restaurants and shops of Hallowell, and the city of Augusta. This multi family consists of a 3 bedroom unit and 1 bedroom unit with dedicated heat and electricity. Amenities include off street parking, spacious units, an enclosed porch, washer and dryer hookup, large green space, new heat pump, and more. With less than an hour from Portland, and quick and easy access to 95 + 295, this investment property attracts interest from an expansive tenant pool. At an NOI of over $30k and a 10+ cap, or a set up that lends itself to an ideal owner occupied with additional income to pay the mortgage, this property serves as a rare opportunity in this limited market!

Multi-familyProperty Type

1856Year Built

8,712 sq ftLot Size

$130Est. Price/Sq.Ft.

5 spacesParking

Listed by Amber Purty • The Collective Real Estate Co

Listed by RYAN MCQUAID • The Collective Real Estate Co

Bought with R Rex Thornton • Regency Realty Group

Redfin checked: 2 minutes ago

•Source:MREIS #1603484

Redfin Estimate

$320,111

$111 since sold in November 2024$10K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.7% higher than the average sale price ($306K) of 6 comparable homes.

SOLD OCT 20, 2025
$280,000
A
4 beds2 baths2,300 sq ft
33 Harrison Ave, Gardiner, ME 04345
SOLD APR 22, 2026
$250,000
B
3 beds3.5 baths2,548 sq ft
145 Highland Ave, Gardiner, ME 04345
SOLD JUL 31, 2026
$293,000
C
4 beds1.5 baths1,600 sq ft
51 Northern Ave, Farmingdale, ME 04345
SOLD APR 23, 2026
$310,000
D
5 beds2 baths2,130 sq ft
504 Water St, Gardiner, ME 04345
SOLD AUG 14, 2026
$333,000
E
4 beds2 baths2,048 sq ft
22 Spring St, Gardiner, ME 04345
SOLD MAR 19, 2026
$368,000
F
3 beds1.5 baths1,260 sq ft
20 Mount Vernon St, Gardiner, ME 04345

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$52,652

Est. take-home

List your home with Redfin and save $3,201

Market trends in 04345, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.8%

0.1% MoM

Median sale price

$370K

$340 MoM

Avg. days on market

41d

3 days MoM

Recently sold homes

5 MoM

New listings for sale

$350,000
3 beds3 baths2,132 sq ft
18 Fountain St, Gardiner, ME 04345
OPEN SAT, 1PM TO 2:30PM
$340,000
3 beds2 baths1,337 sq ft
45 River Ave, Gardiner, ME 04345
$389,000
2 beds1 bath1,219 sq ft
96 Cold Stream Rd, West Gardiner, ME 04345
$315,900
2 beds1 bath768 sq ft
138 Capen Rd, Gardiner, ME 04345
$325,000
2 beds1.5 baths1,248 sq ft
153 High Holborn St, Gardiner, ME 04345
3D WALKTHROUGH
$299,000
3 beds2 baths1,470 sq ft
5 Magnolia Ln #1, Gardiner, ME 04345
3D WALKTHROUGH
$299,000
2 beds2 baths1,470 sq ft
7 Magnolia Ln #2, Gardiner, ME 04345
$299,900
3 beds1 bath1,121 sq ft
272 Marston Rd, Gardiner, ME 04345
$440,000
3 beds1 bath1,700 sq ft
971 High St, West Gardiner, ME 04345
3D WALKTHROUGH
$420,000
4 beds2.5 baths2,016 sq ft
8 Pope St, Gardiner, ME 04345
See all

Provided by Redfin

Sale history for 137 Spring St

Date

Event

Price

RENTALBEAST #1

Nov 26, 2024

Rental Removed

$1,500

$1/sq ft

Nov 20, 2024

Listed for Rent

$1,500

$1/sq ft

MREIS #1603484

Nov 1, 2024

Sold

$320,000

$130/sq ft

Sep 12, 2024

Listed

$325,000

$132/sq ft

MREIS #1483470

Apr 9, 2021

Sold

$225,000

$91/sq ft

Mar 4, 2021

Listed

$215,000

$87/sq ft

+45

Incredible investment opportunity! Move into this freshly remodeled gem, live in one unit and pay your mortgage with the other! Perfect for owner-occupation or as a new, low-maintenance investment. This large, In-town 2-unit has been thoughfully renovated just this past year, new windows, flooring, roof, drywall, painted inside and out, insulation, firewall protection between units, updated plumbing, new kitchens and baths. Both units are open, bright and modern, plenty of parking and a lovely backyard. Walking distance to Gardiner Landing Park, the Kennebec River, the public boat launch and Historic walking trails. Minutes to downtown and the waterfront, schools, shopping and easy access to I-295.

MREIS #1464089

Oct 9, 2020

Price Changed

$210,000

$85/sq ft

Aug 12, 2020

Listed

$215,000

$87/sq ft

MREIS #1245732

Jun 9, 2016

Sold

$39,500

$16/sq ft

May 10, 2016

Price Changed

$42,500

$17/sq ft

Mar 10, 2016

Price Changed

$44,900

$18/sq ft

Feb 22, 2016

Price Changed

$47,900

$19/sq ft

Dec 4, 2015

Listed

$49,900

$20/sq ft

MREIS #1245679

May 10, 2016

Price Changed

$42,500

$17/sq ft

Mar 10, 2016

Price Changed

$44,900

$18/sq ft

Feb 22, 2016

Price Changed

$47,900

$19/sq ft

Dec 4, 2015

Listed

$49,900

$20/sq ft

MREIS #1235116

Sep 10, 2015

Price Changed

$59,900

$24/sq ft

Aug 27, 2015

Listed

$68,500

$28/sq ft

MREIS #1235114

Sep 10, 2015

Price Changed

$59,900

$24/sq ft

Aug 27, 2015

Listed

$68,500

$28/sq ft

MREIS #842578

Apr 30, 2007

Listed

$124,900

$51/sq ft

MREIS #842588

Apr 30, 2007

Listed

$124,900

$51/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,253 (+2.7%)

$21,400 + $102,300

$123,700

2024

$3,167 (+8.0%)

$21,400 + $102,300

$123,700

2023

$2,932 (+6.8%)

$21,400 + $102,300

$123,700

2022

$2,746 (+2.3%)

$21,400 + $102,300

$123,700

2021

$2,684 (+45.9%)

$21,400 + $102,300

$123,700

2020

$1,840

$21,400 + $63,400

$84,800

2019

$1,840 (+1.4%)

$21,400 + $63,400

$84,800

2018

$1,815 (−2.7%)

$21,400 + $63,400

$84,800

2017

$1,866 (+2.4%)

$21,400 + $63,400

$84,800

2016

$1,823 (−0.5%)

$21,400 + $63,400

$84,800

2015

$1,832 (+4.9%)

$21,400 + $63,400

$84,800

2014

$1,747

$21,400 + $63,400

$84,800

Tax history for 137 Spring St

Year

Property tax

Land + Additions

Assessment*

2025

$3,253 (+2.7%)

$21,400 + $102,300

$123,700

2024

$3,167 (+8.0%)

$21,400 + $102,300

$123,700

2023

$2,932 (+6.8%)

$21,400 + $102,300

$123,700

2022

$2,746 (+2.3%)

$21,400 + $102,300

$123,700

2021

$2,684 (+45.9%)

$21,400 + $102,300

$123,700

2020

$1,840

$21,400 + $63,400

$84,800

2019

$1,840 (+1.4%)

$21,400 + $63,400

$84,800

2018

$1,815 (−2.7%)

$21,400 + $63,400

$84,800

2017

$1,866 (+2.4%)

$21,400 + $63,400

$84,800

2016

$1,823 (−0.5%)

$21,400 + $63,400

$84,800

2015

$1,832 (+4.9%)

$21,400 + $63,400

$84,800

2014

$1,747

$21,400 + $63,400

$84,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,712 Sq. Ft.

Year renovated

—

Sq. Ft.

2,460

Year built

1856

Style

Multi-Family (2-4 Unit)

County

Kennebec County

APN

259063

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, Off Street

Interior

Bathroom Information
# of Baths (Full): 2

Basement Information
Basement Entry: Interior, Crawl Space, Partial, Unfinished

Interior Features
Flooring: Wood, Composition

Laundry Information
Laundry Features: Washer Hookup

Multi-Unit Information
# of Units Total: 2
# of 1 Bedroom Units: 1
# of 3 Bedroom Units: 1
Operating Expense: $6,129
Gross Income: $39,000

Unit 1 Information
# of Bedrooms: 1
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 3
Actual Rent: $1,750
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Vinyl Siding, Asbestos, Wood Frame
Roof: Metal, Shingle
Structure Type: Duplex
Total Stories: 2
Total Building Area (Sq. Ft.): 2,460

Exterior Features
Patio & Porch Features: Porch

Property Information
Year Built: 1856
Above-Grade Finished Area (Sq. Ft.): 2,460

Lot Information
Lot Size (Sq. Ft.): $8,712
Lot Size (Acres): 0.2
Lot Size Source: Public Records
Lot Features: Open, Level, Intown, Near Shopping, Near Turnpike/Interstate
Road Surface Type: Paved
Zoning: HDR

Financial

Tax Information
Annual Tax Amount: $2,932
Tax Year: 2023

Utilities

Utility Information
Has Heating
Heating: Heat Pump, Direct Vent Heater
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric

Location

Location Information
Unparsed Address: 137 Spring Street, Gardiner, ME 04345
Directions: GPS Location is accurate.

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 2,460
Stories: 2.0
Lot Size: 8,712 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1856
Year Renovated: —
County: Kennebec County
APN: 259063

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Laura E Richards School

Public PreK-2 • Assigned • 1.1mi

Gardiner Regional Middle School

Public 6-8 • Assigned • 1.7mi

5/10

Gardiner Area High School

Public 9-12 • Assigned • 0.7mi

5/10

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, 16 days in 30 years

4/10 Wind Factor

17% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Gardiner, ME • 04345

Average low and high temperatures (°F)

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

$305,000 – $369,000

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New listings for sale in 04345

$350,000

3 beds3 baths2,132 sq ft

18 Fountain St, Gardiner, ME 04345

OPEN SAT, 1PM TO 2:30PM

$340,000

3 beds2 baths1,337 sq ft

45 River Ave, Gardiner, ME 04345

$389,000

2 beds1 bath1,219 sq ft

96 Cold Stream Rd, West Gardiner, ME 04345

$315,900

2 beds1 bath768 sq ft

138 Capen Rd, Gardiner, ME 04345

$325,000

2 beds1.5 baths1,248 sq ft

153 High Holborn St, Gardiner, ME 04345

3D WALKTHROUGH

$299,000

3 beds2 baths1,470 sq ft

5 Magnolia Ln #1, Gardiner, ME 04345

3D WALKTHROUGH

$299,000

2 beds2 baths1,470 sq ft

7 Magnolia Ln #2, Gardiner, ME 04345

$299,900

3 beds1 bath1,121 sq ft

272 Marston Rd, Gardiner, ME 04345

$440,000

3 beds1 bath1,700 sq ft

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Home values near 137 Spring St

Data from public records.

Address	Redfin Estimate
141 Spring St, Gardiner, ME 6 Beds \| 2 Baths \| 2221 Sq. Ft.	$226,780
149 Spring St, Gardiner, ME 4 Beds \| 2.5 Baths \| 3387 Sq. Ft.	$183,966

Address	Redfin Estimate
145 Spring St, Gardiner, ME 4 Beds \| 2 Baths \| 1950 Sq. Ft.	$234,784
134 Spring St, Gardiner, ME 4 Beds \| 2 Baths \| 2832 Sq. Ft.	$605,444

Address	Redfin Estimate
155 Spring St, Gardiner, ME 3 Beds \| 1 Baths \| 1094 Sq. Ft.	$153,627
133 Spring St, Gardiner, ME 4 Beds \| 2 Baths \| 2814 Sq. Ft.	$238,579

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 04345, ME

Sale history for 137 Spring St

Tax history for 137 Spring St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04345

Home values near 137 Spring St

More real estate resources