11281- Both units have been newly renovated. All Offers are welcome. Investors take notice this two unit offers a large lot to expand. Great income with this rental unit in a nice in-town location.
MREIS #1086527
Nov 19, 2015
Price Changed
$59,500
$30/sq ft
Mar 5, 2015
Listed
$68,500
$34/sq ft
MREIS #929698
Apr 20, 2009
Listed
$69,900
$35/sq ft
MREIS #883579
Mar 18, 2008
Listed
$79,900
$40/sq ft
MREIS #643775
Aug 7, 2003
Listed
$79,900
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,985 (+4.9%)
$14,200 + $161,400
$175,600
2024
$2,846 (+0.5%)
$11,000 + $131,300
$142,300
2023
$2,832 (+78.4%)
$11,000 + $131,300
$142,300
2022
$1,587 (+1.3%)
$8,200 + $53,200
$61,400
2021
$1,566 (−1.0%)
$8,200 + $53,200
$61,400
2020
$1,582
$8,200 + $53,200
$61,400
2019
$1,582 (+1.9%)
$8,200 + $53,200
$61,400
2018
$1,552 (+8.4%)
$8,200 + $53,200
$61,400
2017
$1,432 (+2.3%)
$8,200 + $53,200
$61,400
2016
$1,400 (+3.2%)
$8,200 + $53,200
$61,400
2015
$1,357 (+1.5%)
$9,400 + $39,400
$48,800
2014
$1,337
$9,400 + $39,400
$48,800
Tax history for 10 May St
Year
Property tax
Land + Additions
Assessment*
2025
$2,985 (+4.9%)
$14,200 + $161,400
$175,600
2024
$2,846 (+0.5%)
$11,000 + $131,300
$142,300
2023
$2,832 (+78.4%)
$11,000 + $131,300
$142,300
2022
$1,587 (+1.3%)
$8,200 + $53,200
$61,400
2021
$1,566 (−1.0%)
$8,200 + $53,200
$61,400
2020
$1,582
$8,200 + $53,200
$61,400
2019
$1,582 (+1.9%)
$8,200 + $53,200
$61,400
2018
$1,552 (+8.4%)
$8,200 + $53,200
$61,400
2017
$1,432 (+2.3%)
$8,200 + $53,200
$61,400
2016
$1,400 (+3.2%)
$8,200 + $53,200
$61,400
2015
$1,357 (+1.5%)
$9,400 + $39,400
$48,800
2014
$1,337
$9,400 + $39,400
$48,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
—
Sq. Ft.
1,989
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Kennebec County
APN
384796
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Gravel
Interior
Bathroom Information
# of Baths (Full): 2
Basement Information
Basement Entry: Interior, Dirt Floor, Full
Interior Features
Flooring: Vinyl, Carpet
Multi-Unit Information
# of Units Total: 2
# of 2 Bedroom Units: 2
Operating Expense: $11,500
Gross Income: $20,820
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $885
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,200
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Brick/Mortar
Roof: Shingle
Total Building Area (Sq. Ft.): 1,989
Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 1,989
Lot Information
Lot Size (Sq. Ft.): $8,712
Lot Size (Acres): 0.2
Lot Size Source: Public Records
Lot Features: Corner Lot, Level, Neighborhood
Road Surface Type: Paved
Zoning: RB
Financial
Tax Information
Annual Tax Amount: $1,587
Tax Year: 2022
Utilities
Utility Information
Has Heating
Heating: Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Off Heating System
Location
Location Information
Unparsed Address: 10 May Street, Waterville, ME 04901
Directions: North on College Ave, Left on Elm, Right on May, Last house on Left
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,989
Stories: 2.0
Lot Size: 8,712 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Kennebec County
APN: 384796
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
K - 12
Preschool & daycare
George J Mitchell School
Public PreK-3 • Assigned • 0.3mi
3/10
Waterville Junior High School
Public 6-8 • Assigned • 2.8mi
5/10
Waterville Senior High School
Public 9-12 • Assigned • 1.0mi
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 93° expected this year, 15 days in 30 years
4/10 Wind Factor
13% 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
Waterville, ME • 04901
Average low and high temperatures (°F)
27
11
30
10
43
24
53
36
65
46
77
56
81
62
80
56
73
51
61
41
46
31
32
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.7 hours in
June and 3.1 hours in December, placing it below the
U.S. average for solar exposure.
7.7 hrs
3.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$204,000 – $247,000
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