Recently Viewed Properties
See This Home
Save This Listing
Close

$520,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 1.04 Acres
  • 2 Car Garage
See This Home
Save This Home
See This Home
Save This Home
Live in one unit while the others help pay your mortgage! Beautifully maintained 4-unit property featuring a new roof, updated heating system, and clean, move-in ready apartments. This is a rare opportunity to step into homeownership with built-in rental income -- ideal for buyers looking to offset living costs or create long-term financial stability. Instead of paying rent, occupy one apartment and collect income from the remaining units. The property offers strong existing rents, comfortable layouts, and low-maintenance major systems already completed, making the transition to multi-unit ownership simple and approachable. Perfect for owner-occupants, first-time buyers, or anyone looking to combine housing and investment in one property. Convenient location close to shopping, services, and commuting routes. Start building equity while tenants help cover expenses -- a smart alternative to traditional homeownership.

Full Property Details for 516 Eight Rod Rd

General

  • Sold For: $520,000
  • Taxes: $5,915 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1652957
  • Added to Site: 93 day(s) ago

Interior

  • Flooring: Carpet, Luxury Vinyl, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Exterior

  • Porch/Patio/Deck: Deck, Patio

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Paved, Common, Detached, 5 - 10 Spaces

Location

  • County: Kennebec

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil, Baseboard, Hot Water, Zoned

Utilities

  • Sewer: Private Sewer
  • Water: Private, Well
  • Well: Yes
  • Utility Description: Utilities On

Structural Information

  • Architectural Style: Other
  • Construction: Wood Frame, Vinyl Siding, Wood Siding
  • Roof: Metal, Shingle
  • Building Size: 3936
  • Square Feet: 3,936
  • Living Area: 3,936 Sq. Ft.
  • Finished Total: 3,936 Sq. Ft.
  • Finished Above Grnd: 2,910 Sq. Ft.
  • Finished Below Grnd: 1,026 Sq. Ft.
  • Year Built: 1982

Lot Features

  • Lot Size (Acres): 1.04
  • Lot Size (Sq. Ft.): 45,302.4
  • Lot Size Source: Public Records
  • Zoning: RRES
  • Lot Description: Other Site, Wooded, Near Turnpike/Interstate, Near Town

Financial Considerations

  • Tax Amount: $5,915
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 149A

Listed and Sold by The Flaherty Group (207) 221-8585

Listing agent

— 516 Eight Rod Rd —

  • The Flaherty Group

    207-221-8585

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 516 Eight Rod Rd

School District:Augusta
NameGradesDistance
Sylvio J Gilbert School
16 Sunset Avenue, Augusta, ME 04330
PK-63.3 mi
Cony Middle School
60 Pierce Drive, Augusta, ME 04330
7-84.4 mi
Cony Middle and High School
60 Pierce Drive, Augusta, ME 04330
9-124.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 516 Eight Rod Rd

Date
Details
Price
Change
Source
3/27/2026
Sold
$520,000
-3.35%
MLS
3/01/2026
Listed
$538,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by The Flaherty Group (207) 221-8585

Just Listed near 516 Eight Rod Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

972 Western Ave, Manchester, ME 04351 - Photo 1 Just Listed
$825,000

972 Western Ave  Manchester, ME 04351

  • Commercial
  • Active
Listed by Elevate Maine Realty
9 Tyrawley Rd, Farmingdale, ME 04344 - Photo 1 Just Listed
$574,900

9 Tyrawley Rd  Farmingdale, ME 04344

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,592
    Sq. Ft.
Listed by NextHome Northern Lights Realty
48 Hemlock Ridge Rd, Chelsea, ME 04330 - Photo 1 Just Listed
$369,000

48 Hemlock Ridge Rd  Chelsea, ME 04330

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,575
    Sq. Ft.
Listed by Brookewood Realty
16 Bartlett St, Gardiner, ME 04345 - Photo 1 Just Listed
$298,500

16 Bartlett St  Gardiner, ME 04345

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,225
    Sq. Ft.
Listed by EXP Realty

Price Reduced near 516 Eight Rod Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

7 Spring St, Hallowell, ME 04347 - Photo 1 Price Reduced
-$25,000 (-5.56%)
$425,000

7 Spring St  Hallowell, ME 04347

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,650
    Sq. Ft.
Listed by Your Home Sold Guaranteed Realty
15 Middle St, Hallowell, ME 04347 - Photo 1 Price Reduced
-$10,000 (-3.13%)
$310,000

15 Middle St  #3  Hallowell, ME 04347

  • Condo
  • Active
  • Updated 3 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 1,240
    Sq. Ft.
Listed by Sprague & Curtis Real Estate
703 Hallowell Rd, Chelsea, ME 04330 - Photo 1 Price Reduced
-$25,000 (-6.25%)
$375,000

703 Hallowell Rd  Chelsea, ME 04330

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,377
    Sq. Ft.
Listed by Sprague & Curtis Real Estate
38 Hume Ln, Gardiner, ME 04345 - Photo 1 Price Reduced
-$10,000 (-2.57%)
$379,000

38 Hume Ln  Gardiner, ME 04345

  • Mobile Home
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,248
    Sq. Ft.
Listed by Listings Direct

Recent Sales near 516 Eight Rod Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

146 State St, Augusta, ME 04330 - Photo 1 Sold
$540,000

146 State St  Augusta, ME 04330

  • Office
  • Closed
Listed by Keller Williams Realty
Sold by Sprague & Curtis Real Estate
342 S Belfast Ave, Augusta, ME 04330 - Photo 1 Sold
$460,000

342 S Belfast Ave  Augusta, ME 04330

  • Single Family
  • Closed
  • Updated 11 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 2,062
    Sq. Ft.
Listed by Sprague & Curtis Real Estate
Sold by Keller Williams Realty
30 Nadeau Dr, Belgrade, ME 04917 - Photo 1 Sold
$455,000

30 Nadeau Dr  Belgrade, ME 04917

  • Single Family
  • Closed
  • Updated 10 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,680
    Sq. Ft.
Listed by Coldwell Banker Plourde Real Estate
Sold by Laer
3 Tallwood Rd, Augusta, ME 04330 - Photo 1 Sold
$542,500

3 Tallwood Rd  Augusta, ME 04330

  • Single Family
  • Closed
  • Updated 10 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,370
    Sq. Ft.
Listed by Your Home Sold Guaranteed Realty
Sold by Non MREIS Agency

516 Eight Rod Road, Augusta, ME 04330 (MLS# 1652957) is a Multi-Family property that was sold at $520,000 on March 27, 2026. Want to learn more about 516 Eight Rod Road? Do you have questions about finding other Multi-Family real estate for sale in Augusta? You can browse all Augusta real estate or contact a Coldwell Banker agent to request more information.