Have you been searching for a true cash flow opportunity or the perfect owner-occupied setup where you can live in one unit while your tenant helps pay the mortgage? This duplex checks all the boxes, and with the upstairs unit now vacant, the opportunity is even better! The property features two massive units with nearly identical layouts, both updated within the last few years. Each unit offers three bedrooms, a kitchen, living room, and full bathroom. The downstairs unit also features a dining room and a bright sunroom, the perfect spot for your morning coffee. The vacant upstairs unit includes a large entry/mudroom that provides additional storage space and is ready for its next tenant or an owner occupant to move right in. Outside, the large in-town lot offers a one-car garage that can be kept for your own convenience or potentially rented to a tenant for additional income. The spacious fenced-in yard gives kids and pets plenty of room to play safely. The location is equally appealing, just minutes from the rejuvenated downtown Waterville area, the hospital, highway access, local colleges, and the airport. Whether you are an investor looking to add a strong income-producing property to your portfolio or an owner occupant looking for a smart way to offset your mortgage with rental income, this is an opportunity you will not want to miss!
Large to family located on the corner of High and Drummond Avenue consist of six rooms on the first floor 3 to 4 bedrooms. This has been freshly painted and new flooring throughout enclosed porch detached garage. 2nd Floor has five rooms three bedrooms Both apartments have separate utilities, tenants, pay heat lights, and hot water. The only utilities the landlord pays is water and sewer.
MREIS #1534070
Sep 1, 2022
Price Changed
$149,900
$57/sq ft
Aug 22, 2022
Price Changed
$169,900
$65/sq ft
Jun 25, 2022
Listed
$179,900
$68/sq ft
MREIS #1499938
Oct 1, 2021
Sold
$126,500
$48/sq ft
Jul 26, 2021
Price Changed
$165,000
$63/sq ft
Jul 10, 2021
Listed
$175,000
$67/sq ft
MREIS #1499936
Jul 26, 2021
Price Changed
$165,000
$63/sq ft
Jul 10, 2021
Listed
$175,000
$67/sq ft
MREIS #1328277
Feb 15, 2019
Sold
$80,900
$31/sq ft
Dec 21, 2018
Price Changed
$78,900
$30/sq ft
Oct 15, 2018
Price Changed
$81,900
$31/sq ft
Sep 27, 2018
Price Changed
$86,900
$33/sq ft
Sep 7, 2018
Price Changed
$89,900
$34/sq ft
Apr 17, 2018
Price Changed
$94,000
$36/sq ft
Feb 28, 2018
Price Changed
$97,500
$37/sq ft
Feb 1, 2018
Price Changed
$103,900
$40/sq ft
Oct 30, 2017
Price Changed
$107,900
$41/sq ft
Oct 4, 2017
Listed
$114,900
$44/sq ft
MREIS #481307
Feb 24, 2001
Listed
$69,900
$27/sq ft
MREIS #276869
May 18, 1999
Listed
$74,000
$28/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,902 (+4.9%)
$14,100 + $215,400
$229,500
2024
$3,720 (+0.5%)
$10,900 + $175,100
$186,000
2023
$3,701 (+75.2%)
$10,900 + $175,100
$186,000
2022
$2,112 (+3.0%)
$8,200 + $73,500
$81,700
2021
$2,050 (−1.0%)
$8,200 + $72,200
$80,400
2020
$2,071
$8,200 + $72,200
$80,400
2019
$2,071 (+1.9%)
$8,200 + $72,200
$80,400
2018
$2,032 (+8.3%)
$8,200 + $72,200
$80,400
2017
$1,876 (+2.3%)
$8,200 + $72,200
$80,400
2016
$1,833 (+13.7%)
$8,200 + $72,200
$80,400
2015
$1,612 (+1.4%)
$9,400 + $48,600
$58,000
2014
$1,589
$9,400 + $48,600
$58,000
Public record
Beds
6
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,628
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,628
Year built
1912
Style
Multi-Family (2-4 Unit)
County
Kennebec County
APN
384786
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
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
67/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 31 High St
$232,332
$7,568 under list price of $240K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $206K to $335K.