This home's estimate is 9.4% higher than the average sale price ($224K) of 6 comparable homes.
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4 Pare St, Waterville, ME 04901
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About this home
Have you been looking for an income producing 2 unit on a quiet dead-end road? If so, this could be the one you have been waiting for. Currently owner occupied, this property will be vacant upon sale, making it perfect for an owner occupant who wants to live in one unit and choose their own tenant for the other unit to help offset the mortgage. Both units feature identical layouts with 3 bedrooms each, offering spacious and practical living arrangements. Each unit also has its own propane Rinnai heating source for efficient and separate utilities. The property has seen several recent updates over the past few years, including a new monitor heater, new roof, rebuilt back porch, paved driveway, new garage with electricity and heat, and a new storage shed. Outside, you will also find a fenced in backyard perfect for pets, children, or enjoying outdoor space privately. The garage and shed provide great added storage or potential for additional rental value. Located in a quiet walking neighborhood on a dead-end road, yet only minutes to downtown Waterville, the highway, hospital, and local colleges. Multi-family properties in this price range do not usually last long. Don't miss this opportunity to set yourself up for years to come!
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Market trends in 04901, ME
Last updated September 2026
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Sale and tax history for 4 Pare St
- Sale History
- Tax History
$140/sq ft
$135/sq ft
$57/sq ft
$35/sq ft
$37/sq ft
$47/sq ft
$52/sq ft
Public record
Property details
Parking
- Parking Information
- Has Garage
- # of Garage Spaces: 1
- Parking Features: Paved, 1 - 4 Spaces, Off Street, Detached
- Vehicle Storage: 1 Car, Detached, Heated
Interior
- Bathroom Information
- # of Baths (Full): 2
- Basement Information
- Basement Entry: Interior Entry, Dirt Floor, Full
- Interior Features
- Interior Features: 1st Floor Bedroom, Bathtub
- Flooring: Carpet, Vinyl, Wood
- Multi-Unit Information
- # of Units Total: 2
- # of 3 Bedroom Units: 2
- Operating Expense: $7,170.60
- Gross Income: $37,800
- Unit 1 Information
- # of Baths (Full): 1
- # of Bedrooms: 3
- # of Rooms: 5
- Actual Rent: $1,550
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Level: Second
- Refrigerator: No
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- # of Baths (Full): 1
- # of Bedrooms: 3
- # of Rooms: 5
- Actual Rent: $1,600
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
Exterior
- Building Information
- Construction Materials: Wood Frame, Vinyl Siding
- Foundation Details: Stone
- Roof: Shingle
- Total Building Area (Sq. Ft.): 1,704
- Exterior Features
- Patio & Porch Features: Porch
- Property Information
- Year Built: 1900
- Above-Grade Finished Area (Sq. Ft.): 1,704
- Lot Information
- Lot Size (Sq. Ft.): $5,227.20
- Lot Size (Acres): 0.12
- Lot Size Source: Public Records
- Lot Features: Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level
- Road Surface Type: Paved
- Zoning: Res
Financial
- Tax Information
- Annual Tax Amount: $2,819
- Tax Year: 2025
Utilities
- Utility Information
- Has Heating
- Heating: Direct Vent Heater
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities On: Yes
- Water Source: Public
- Water Heater: Electric
Location
- HOA Information
- Pets Allowed: No Restrictions
- Location Information
- Unparsed Address: 4 Pare Street, Waterville, ME 04901
- Directions: GPS compatible. Sign on property.
Public facts
- Beds: 6
- Baths: 2.0
- Sq. Ft.: 1,704
- Stories: 2.0
- Lot Size: 5,227 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1900
- Year Renovated: —
- County: Kennebec County
- APN: 381523
Around this home
Schools
Public 4-5 • Assigned • 0.8mi
Public 6-8 • Assigned • 1.1mi
Public 9-12 • Assigned • 0.9mi
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, 15 days in 30 years
13% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
Very good sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Sell confidently with a local market expert in Waterville.
Nearby similar homes
New listings for sale in 04901
Home values near 4 Pare St
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 1885 Sq. Ft. | $157,219 |
3 Beds | 1 Baths | 918 Sq. Ft. | $193,136 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1430 Sq. Ft. | $252,930 |
5 Beds | 2 Baths | 2016 Sq. Ft. | $242,824 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1331 Sq. Ft. | $216,734 |
4 Beds | 2 Baths | 1316 Sq. Ft. | $233,681 |
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