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$294,999 Just Listed
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Property Description
Turnkey duplex with vacant units, updated systems, and tenant-paid utilities. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupancy opportunity, 987 Main Street offers flexibility, recent improvements, and rural charm in the heart of Vassalboro. This well-maintained brick duplex features two 2-bedroom, 1-bath units, both currently vacant and ready for immediate occupancy, allowing a new owner to establish market rents from day one or move right in. Recent improvements include a re-shingled roof and energy-efficient heat pumps that provide both heating and air conditioning. With heating costs now separately metered and paid directly by tenants, ownership is more efficient and operating expenses are reduced. Outside, the property offers ample parking, large private decks, and a spacious yard accented by mature fruit trees. Enjoy peaceful country views overlooking a neighboring field filled with seasonal lupines and grazing horses, creating a picturesque setting that feels worlds away while remaining conveniently located between Augusta and Waterville. With both units vacant, major system updates already completed, and strong rental or multigenerational living potential, this duplex presents a rare opportunity to secure a move-in-ready investment property in a desirable central Maine location.
Full Property Details
Full Property Details for 987 Main St
General
- Price: $294,999
- Taxes: $2,205 (2025)
- Status: Active
- Type: Duplex
- Source: MREIS
- MLS ID: 1667926
- Updated: 6/18/2026
- Added to Site: 5 day(s) ago
Interior
- Flooring: Laminate, Vinyl, Wood, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Gravel, 5 - 10 Spaces, Off Street
Location
- County: Kennebec
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Electric, Baseboard, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Colonial, Other
- Structure Type: Duplex
- Construction: Wood Frame, Brick
- Basement: Yes
- Basement Desc.: Interior Entry, Full, Unfinished
- Roof: Metal
- Windows: Double Pane Windows
- Square Feet: 2,100
- Finished Total: 2,100 Sq. Ft.
- Finished Above Grnd: 2,100 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,424
- Zoning: Rural
- Lot Description: Intown, Level, Open Lot
Financial Considerations
- Operating Expenses: $7,885
- Tax Amount: $2,205
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 6
Listed by Signature Homes Real Estate Group, LLC (207) 885-0500
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Schools
Schools serving 987 Main St
School District:Vassalboro
| Name | Grades | Distance |
|---|---|---|
Vassalboro Community School 1116 Webber Pond Road, Vassalboro, ME 04989 | PK-8 | 3.8 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 987 Main St
Date
Details
Price
Change
Source
6/18/2026
Listed
$294,999
—
MLS
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
Tax History for 987 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,205
15%
$187,800
30%
2024
$1,921
5%
$144,100
—
2023
$1,833
6%
$144,100
20%
2022
$1,729
-1%
$120,100
—
2021
$1,739
1%
$120,100
—
2020
$1,725
2%
$120,200
11%
2019
$1,688
1%
$108,200
—
2018
$1,672
6%
$108,200
—
2017
$1,574
10%
$108,200
7%
2016
$1,425
3%
$101,400
—
2015
$1,389
7%
$101,400
—
2014
$1,298
3%
$101,400
-10%
2013
$1,262
—
$112,700
—
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
Estimate the Cost for 987 Main St
987 Main Street, Vassalboro, ME 04989 (MLS# 1667926) is a Duplex property with 0 bedrooms and 2 full bathrooms. 987 Main Street is currently listed for $294,999 and was received on June 18, 2026. Want to learn more about 987 Main Street? Do you have questions about finding other Duplex real estate for sale in Vassalboro? You can browse all Vassalboro real estate or contact a Coldwell Banker agent to request more information.

