SOLD JAN 16, 2026

Off market jan 2026 for $135K

$280,449

•

2,628

sq ft

40 Winter St, Waterville, ME 04901

About this home

VIRTUAL 360 ONLINE TOUR AVAILABLE. * * * CALLING FOR BACKUP OFFERS * * * Inspection reports available! Investment Opportunity in the Heart of Waterville! Nestled in a desirable neighborhood close to local schools and Waterville's vibrant downtown, this true 2-unit property offers both size and potential. With approximately 2,638± sq. ft. of living space, this larger multi-family provides tenants with spacious accommodations rarely found in comparable rentals. Each unit features 2 bedrooms and 1 full bath, along with access to basement storage. Investors will appreciate the separate utilities: two independent heat sources and separate electrical meters for heat, hot water, and electricity—keeping tenant expenses independent and landlord overhead low. This property also presents a unique opportunity for forced appreciation. Current rents have been held below market levels, and with some thoughtful renovations and updates, you could increase rental income and build equity in one of Waterville's most sought-after locations. Whether you're expanding your portfolio or entering the rental market for the first time, this property combines strong fundamentals with room to grow—an excellent opportunity for both cash flow and long-term value. Schedule your showing today!

Multi-familyProperty Type

1900Year Built

9,147 sq ftLot Size

$107Est. Price/Sq.Ft.

1 spaceParking

Listed by Nicholas Corrow • Your Home Sold Guaranteed Realty

Bought with Barton {Bart} Stevens • Century 21 Nason Realty

Redfin checked: 2 minutes ago

•Source:MREIS #1636975

Redfin Estimate

$280,449

$145K since sold in January 2026$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.4% lower than the average sale price ($300K) of 6 comparable homes.

SOLD SEP 28, 2026
$410,000
A
4 beds2 baths2,430 sq ft
6 Taylor Ave, Waterville, ME 04901
SOLD JUN 4, 2026
$252,000
B
3 beds2 baths1,678 sq ft
7 Squire St, Waterville, ME 04901
SOLD AUG 20, 2026
$379,999
C
4 beds1.5 baths1,899 sq ft
32 Morrill Ave, Waterville, ME 04901
SOLD FEB 20, 2026
$235,000
D
4 beds2 baths1,970 sq ft
72 Western Ave, Waterville, ME 04901
SOLD MAY 8, 2026
$290,000
E
4 beds2 baths2,114 sq ft
28 Kelsey St, Waterville, ME 04901
SOLD JUN 29, 2026
$231,450
F
4 beds2 baths2,637 sq ft
122 Western Ave, Waterville, ME 04901

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

Market trends in 04901, ME

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.6%

+0.2% MoM

Median sale price

$285K

$5K MoM

Avg. days on market

41d

3 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 7 HRS AGO
$55,500
2 beds1 bath854 sq ft
63 Village Green Rd, Waterville, ME 04901
NEW 9 HRS AGO
$159,500
2 beds1.5 baths1,008 sq ft
35 Mathews Ave #13, Waterville, ME 04901
NEW 23 HRS AGO
$209,000
2 beds2 baths1,140 sq ft
75 Halifax St Unit D32, Winslow, ME 04901
NEW 27 HRS AGO
$249,999
3 beds1 bath1,080 sq ft
34 Sawyer St, Waterville, ME 04901
$289,900
2 beds2 baths1,152 sq ft
5 Violette Ave, Waterville, ME 04901
$94,900
2 beds2 baths800 sq ft
8 Victoria Dr, Waterville, ME 04901
$359,000
4 beds1.5 baths2,634 sq ft
4 Silver Ter, Waterville, ME 04901
$219,000
4 beds2 baths1,896 sq ft
20 Prospect St, Waterville, ME 04901
$195,000
2 beds2 baths964 sq ft
22 Bellevue St, Winslow, ME 04901
$44,900
2 beds2 baths952 sq ft
499 Augusta Rd #18, Winslow, ME 04901
See all

Provided by Redfin

Sale history for 40 Winter St

Year

Property tax

Land + Additions

Assessment*

2025

$3,698 (+6.0%)

$28,700 + $188,800

$217,500

2024

$3,488 (+0.5%)

$21,000 + $153,400

$174,400

2023

$3,471 (+49.9%)

$21,000 + $153,400

$174,400

2022

$2,316 (+1.4%)

$15,800 + $73,800

$89,600

2021

$2,285 (−1.0%)

$15,800 + $73,800

$89,600

2020

$2,308

$15,800 + $73,800

$89,600

2019

$2,308 (+1.9%)

$15,800 + $73,800

$89,600

2018

$2,264 (+8.3%)

$15,800 + $73,800

$89,600

2017

$2,090 (+2.3%)

$15,800 + $73,800

$89,600

2016

$2,043 (−8.8%)

$15,800 + $73,800

$89,600

2015

$2,241 (+1.5%)

$17,300 + $63,300

$80,600

2014

$2,208

$17,300 + $63,300

$80,600

Tax history for 40 Winter St

Year

Property tax

Land + Additions

Assessment*

2025

$3,698 (+6.0%)

$28,700 + $188,800

$217,500

2024

$3,488 (+0.5%)

$21,000 + $153,400

$174,400

2023

$3,471 (+49.9%)

$21,000 + $153,400

$174,400

2022

$2,316 (+1.4%)

$15,800 + $73,800

$89,600

2021

$2,285 (−1.0%)

$15,800 + $73,800

$89,600

2020

$2,308

$15,800 + $73,800

$89,600

2019

$2,308 (+1.9%)

$15,800 + $73,800

$89,600

2018

$2,264 (+8.3%)

$15,800 + $73,800

$89,600

2017

$2,090 (+2.3%)

$15,800 + $73,800

$89,600

2016

$2,043 (−8.8%)

$15,800 + $73,800

$89,600

2015

$2,241 (+1.5%)

$17,300 + $63,300

$80,600

2014

$2,208

$17,300 + $63,300

$80,600

*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

9,148 Sq. Ft.

Year renovated

—

Sq. Ft.

2,628

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Kennebec County

APN

383381

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, Paved, On Site, Off Street

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 2

Basement Information
Basement Entry: Interior, Walk-Out Access, Full, Unfinished

Interior Features
Interior Features: 1st Floor Bedroom, Attic, Bathtub, Shower, Storage
Furnished: Unfurnished
Window Features: Storm Window(s)
Flooring: Wood, Vinyl, Laminate, Carpet
Other Equipment: Internet Access Available

Laundry Information
Laundry Features: 1st Floor Laundry, Upper Level, Main Level, Washer Hookup

Multi-Unit Information
# of Units Total: 2
# of 2 Bedroom Units: 2
Operating Expense: $5,601
Gross Income: $19,800

Unit 1 Information
# of Bedrooms: 2
Actual Rent: $850
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 2
Actual Rent: $800
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Other Exterior, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Shingle
Total Stories: 3
Total Building Area (Sq. Ft.): 2,628

Exterior Features
Patio & Porch Features: Glass Enclosed

Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 2,628
Green Energy Efficient: Ceiling Fans

Lot Information
Lot Size (Sq. Ft.): $9,147.60
Lot Size (Acres): 0.21
Lot Size Source: Public Records
Lot Features: Open, Level, Neighborhood
Road Surface Type: Paved
Zoning: RB

Financial

Tax Information
Annual Tax Amount: $3,488
Tax Year: 2024

Utilities

Utility Information
Has Heating
Heating: Forced Air
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric

Location

HOA Information
Pets Allowed: No Restrictions

Location Information
Unparsed Address: 40 Winter Street, Waterville, ME 04901

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 2,628
Stories: 2.0
Lot Size: 9,148 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Kennebec County
APN: 383381

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Albert S Hall School

Public 4-5 • Assigned • 0.2mi

5/10

Waterville Junior High School

Public 6-8 • Assigned • 1.9mi

5/10

Waterville Senior High School

Public 9-12 • Assigned • 0.2mi

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)

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

$267,000 – $323,000

Sell confidently with a local market expert in Waterville. 3 minutes to get started.

Nearby similar homes

$40,000

3 beds1 bath1,008 sq ft

722 Hinckley Rd, Clinton, ME 04927

$32,000

2 beds1 bath840 sq ft

22 Elwood Dr, Clinton, ME 04927

$479,900

4 beds3 baths3,046 sq ft

96 Taylor Woods Rd, Belgrade, ME 04917

FOR SALE BY OWNER

$185,000

5 beds2 baths2,052 sq ft

34 Burrill St, Fairfield, ME 04937

$195,000

3 beds1 bath1,000 sq ft

61 Town Farm Rd, Sidney, ME 04330

$169,900

6 beds2 baths2,250 sq ft

11 Autumn St, Waterville, ME 04901

New listings for sale in 04901

NEW 7 HRS AGO

$55,500

2 beds1 bath854 sq ft

63 Village Green Rd, Waterville, ME 04901

NEW 9 HRS AGO

$159,500

2 beds1.5 baths1,008 sq ft

35 Mathews Ave #13, Waterville, ME 04901

NEW 23 HRS AGO3D WALKTHROUGH

$209,000

2 beds2 baths1,140 sq ft

75 Halifax St Unit D32, Winslow, ME 04901

NEW 27 HRS AGO

$249,999

3 beds1 bath1,080 sq ft

34 Sawyer St, Waterville, ME 04901

$289,900

2 beds2 baths1,152 sq ft

5 Violette Ave, Waterville, ME 04901

$94,900

2 beds2 baths800 sq ft

8 Victoria Dr, Waterville, ME 04901

$359,000

4 beds1.5 baths2,634 sq ft

4 Silver Ter, Waterville, ME 04901

$219,000

4 beds2 baths1,896 sq ft

20 Prospect St, Waterville, ME 04901

$195,000

2 beds2 baths964 sq ft

22 Bellevue St, Winslow, ME 04901

Home values near 40 Winter St

Data from public records.

Address	Redfin Estimate
39 Winter St, Waterville, ME 5 Beds \| 2 Baths \| 3217 Sq. Ft.	$278,614
47 Winter St, Waterville, ME 5 Beds \| 2 Baths \| 2198 Sq. Ft.	$283,393

Address	Redfin Estimate
42 Winter St, Waterville, ME 4 Beds \| 1.5 Baths \| 1764 Sq. Ft.	$294,094
45 Winter St, Waterville, ME 2 Beds \| 1 Baths \| 1527 Sq. Ft.	$222,309

Address	Redfin Estimate
41 Winter St, Waterville, ME 6 Beds \| 3 Baths \| 2988 Sq. Ft.	$439,004
38 Winter St, Waterville, ME 2 Beds \| 2 Baths \| 1326 Sq. Ft.	$283,387

Property information provided by MREIS when last listed in 2025. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Union homes for sale
Belgrade homes for sale
Monmouth homes for sale
Manchester homes for sale
China homes for sale

Houses for rent in Waterville	Agents near me	Cape Elizabeth, ME homes for sale	Waterville Housing Market
Houses for sale near me	Portland, ME homes for sale	Bangor, ME homes for sale
Land for sale near me	Scarborough, ME homes for sale	Kennebunk, ME homes for sale
Open Houses near me	South Portland, ME homes for sale	Waterville Property Records
Condos for sale near me	Falmouth, ME homes for sale	ME New Listings

Winthrop homes for sale
Hallowell homes for sale
Augusta homes for sale

04963 homes for sale
04901 homes for sale
04937 homes for sale

About this home

Redfin Estimate

Market trends in 04901, ME

Sale history for 40 Winter St

Tax history for 40 Winter St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04901

Home values near 40 Winter St

More real estate resources