This home's estimate is 66% higher than the average sale price ($217K) of 6 comparable homes.
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- Property details
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16 Center St, Waterville, ME 04901
About this home
Recent energy efficiency upgrades and proximity to the vibrant downtown of Waterville with its culture and fine dining, this 4 unit has the potential to be a real money maker! (Rents currently below fair market with tenants at will) Features 4 new natural gas boilers, new windows in basement, spray foam insulation added to basement, and a new house meter added. Tenants pay for heat and electricity. Be a part of Waterville's resurgence and growth.
Redfin Estimate
Market trends in 04901, ME
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
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Provided by Redfin
Sale history for 16 Center St
$106/sq ft
$119/sq ft
$125/sq ft
Tax history for 16 Center St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Has Garage
- # of Garage Spaces: 1
- Parking Features: 1 - 4 Spaces, Paved, Detached
- Vehicle Storage: 1 Car, Detached
Interior
- Bathroom Information
- # of Baths (Full): 4
- Basement Information
- Basement Entry: Bulkhead, Unfinished
- Interior Features
- Flooring: Wood, Vinyl, Laminate
- Multi-Unit Information
- # of Units Total: 4
- # of 1 Bedroom Units: 3
- # of 2 Bedroom Units: 1
- Operating Expense: $7,683
- Gross Income: $31,200
- Unit 1 Information
- # of Bedrooms: 2
- Actual Rent: $750
- Dedicated Gas Meter: Yes
- Dedicated Water Heater: Yes
- Electric: No
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- # of Bedrooms: 1
- Actual Rent: $600
- Dedicated Gas Meter: Yes
- Dedicated Water Heater: Yes
- Electric: No
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 3 Information
- # of Bedrooms: 1
- Actual Rent: $750
- Dedicated Gas Meter: Yes
- Dedicated Water Heater: Yes
- Electric: No
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 4 Information
- # of Bedrooms: 1
- Actual Rent: $500
- Dedicated Gas Meter: Yes
- Dedicated Water Heater: Yes
- Electric: No
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
Exterior
- Building Information
- Construction Materials: Vinyl Siding, Wood Frame
- Foundation Details: Granite, Brick/Mortar
- Roof: Pitched, Shingle
- Total Stories: 2
- Total Building Area (Sq. Ft.): 2,606
- Exterior Features
- Patio & Porch Features: Deck, Glass Enclosed
- Property Information
- Year Built: 1890
- Above-Grade Finished Area (Sq. Ft.): 2,606
- Levels: Multi-Level
- Green Energy Efficient: Ceiling Fans
- Lot Information
- Lot Size (Sq. Ft.): $10,890
- Lot Size (Acres): 0.25
- Lot Size Source: Public Records
- Lot Features: Corner Lot, Level, Sidewalks, Intown, Near Shopping
- Road Surface Type: Paved
- Zoning: RD
Financial
- Tax Information
- Annual Tax Amount: $3,843
- Tax Year: 2023
Utilities
- Utility Information
- Has Heating
- Heating: Zoned, Hot Water, Baseboard
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities: Utilities On
- Utilities On: Yes
- Water Source: Public
- Water Heater: Off Heating System
Location
- HOA Information
- Pets Allowed: No Restrictions
- Location Information
- Unparsed Address: 16 Center Street, Waterville, ME 04901
- Directions: Elm Street to intersection of Elm, Main, College and Center St. Turn onto Center St. (one way) Property is #16 on left.
Public facts
- Beds: 5
- Baths: 4.0
- Sq. Ft.: 2,606
- Stories: 2.0
- Lot Size: 0.25 acres
- Style: Multi-Family (5+ Unit)
- Year Built: 1890
- Year Renovated: —
- County: Kennebec County
- APN: 383552
Around this home
Schools
Public 4-5 • Assigned • 0.2mi
Public 6-8 • Assigned • 2.1mi
Public 9-12 • Assigned • 0.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 93° expected this year, 16 days in 30 years
11% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
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.
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Nearby similar homes
New listings for sale in 04901
Home values near 16 Center St
| Address | Redfin Estimate |
|---|---|
5 Beds | 2 Baths | 2726 Sq. Ft. | $234,035 |
4 Beds | 4 Baths | 2935 Sq. Ft. | $343,032 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3.5 Baths | 3190 Sq. Ft. | $294,135 |
5 Beds | 3 Baths | 2521 Sq. Ft. | $289,773 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | 2888 Sq. Ft. | $296,887 |
4 Beds | 3 Baths | 1826 Sq. Ft. | $305,490 |
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