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$420,000

  • For Sale
  • Active
  • Multi-Family
  • 7 Units
  • 0.14 Acres
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Fully occupied 7-unit multifamily offering strong in-place cash flow and immediate returns. The property consists of six (6) 3-bedroom units and one (1) 1-bedroom unit, a unit mix that supports consistent rental demand and operational efficiency. The building is currently operating at a 14% cap rate, providing attractive income from day one. Lead abatement was also completed in 2025. This turnkey investment with strong fundamentals, proven performance, and minimal deferred maintenance will not last long!

Full Property Details for 318 Waldo St

General

  • Price: $420,000
  • Taxes: $3,038 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1647511
  • Updated: 1/2/2026
  • Added to Site: 15 day(s) ago

Interior

  • Flooring: Wood, Vinyl, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 7

Exterior

  • Porch/Patio/Deck: Porch

Parking

  • Parking Features: No Driveway, 1 - 4 Spaces, Off Street

Location

  • County: Oxford

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Construction: Vinyl Siding, Wood Frame
  • Roof: Composition
  • Stories/Levels: 3
  • Building Size: 6120
  • Square Feet: 6,120
  • Living Area: 6,120 Sq. Ft.
  • Finished Total: 6,120 Sq. Ft.
  • Finished Above Grnd: 6,120 Sq. Ft.
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098.4
  • Lot Size Source: Public Records
  • Zoning: Res
  • Lot Description: Level, Sidewalks, Intown

Financial Considerations

  • Tax Amount: $3,038
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 235

Listed by Keller Williams Realty (207) 879-9800

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Listing agent

— 318 Waldo St —

  • Keller Williams Realty

    207-879-9800

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 318 Waldo St

School District:Regional School Unit 10
NameGradesDistance
Mountain Valley High School
799 Hancock Street, Rumford, ME 04276
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 318 Waldo St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/02/2026
Listed
$420,000
180%
MLS
6/22/2021
Sold
$150,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 318 Waldo St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,038
5%
$182,800
40%
2023
$2,897
—
$130,600
—
2022
$2,897
-1%
$130,600
—
2021
$2,932
-1%
$130,600
—
2020
$2,952
89%
$130,600
154%
2019
$1,566
2%
$51,360
—
2018
$1,528
3%
$51,360
—
2017
$1,482
3%
$51,360
—
2016
$1,438
2%
$51,360
—
2015
$1,410
2%
$51,360
—
2014
$1,384
12%
$51,360
—
2013
$1,233
—
$51,360
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 318 Waldo St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Realty (207) 879-9800

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318 Waldo Street, Rumford, ME 04276 (MLS# 1647511) is a Multi-Family property with 7 units containing 0 bedrooms and 7 full bathrooms. 318 Waldo Street is currently listed for $420,000 and was received on January 02, 2026. Want to learn more about 318 Waldo Street? Do you have questions about finding other Multi-Family real estate for sale in Rumford? You can browse all Rumford real estate or contact a Coldwell Banker agent to request more information.

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