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$299,900 Just Listed
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Property Description
First time ever on the market! Have you been searching for a turnkey investment property where you can live in one unit while your tenant helps pay your mortgage? If so, this could be the opportunity you've been waiting for. The first floor unit is vacant and features a spacious three bedroom layout with a large kitchen offering abundant cabinet space, an oversized living room, and three generously sized bedrooms. The primary bedroom includes a large walk-in closet, and the full bathroom features a beautiful tiled shower. Upstairs you'll find an updated one bedroom apartment with an unfinished area directly beside it that offers the potential to be converted into a three bedroom unit, similar to the first floor layout. Both apartments have access to the inviting front porch, the perfect place to enjoy your morning coffee. One of the standout features is the location. Situated at the end of a quiet dead end street on a rare double lot, the property offers an expansive yard with plenty of space for outdoor activities, making it even more attractive to both owners and tenants. Conveniently located across the street from Temple Academy and within walking distance to Waterville Junior High School and Pine Ridge Golf Course. You'll also be just minutes from Colby College, Thomas College, Interstate 95, and downtown Waterville. Additional highlights include a durable metal roof, newer furnace, and low maintenance vinyl siding in excellent condition. Investment properties with this combination of location, condition, and future potential rarely become available. Don't miss your opportunity to own this one of a kind property!
Full Property Details
Full Property Details for 8 Paul Ave
General
- Price: $299,900
- Taxes: $3,684 (2025)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1670599
- Updated: 7/7/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: 1st Floor Bedroom, Bathtub
- Flooring: Vinyl, Wood, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Exterior
- Porch/Patio/Deck: Porch
Parking
- Parking Features: Paved, 1 - 4 Spaces, On-Site Parking
Location
- County: Kennebec
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Baseboard, Hot Water
Utilities
- Sewer: Quasi-Public
- Water: Public
Structural Information
- Architectural Style: New Englander
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Full, Sump Pump, Unfinished
- Roof: Metal
- Square Feet: 1,950
- Finished Total: 1,950 Sq. Ft.
- Finished Above Grnd: 1,950 Sq. Ft.
- Year Built: 1955
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,810.4
- Zoning: R-C
- Lot Description: Near Country Club, Near Golf Course, Near Turnpike/Interstate, Near Town, Open Lot, Landscaped, Wooded
Financial Considerations
- Operating Expenses: $10,948
- Tax Amount: $3,684
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 5
Listed by Real Broker (207) 272-3954
Get Pre-Approved Today
Schools
Schools serving 8 Paul Ave
School District:Waterville
| Name | Grades | Distance |
|---|---|---|
Albert S Hall School 27 Pleasant Street, Waterville, ME 04901 | 4-5 | 1.5 mi |
George J Mitchell School 58 Drummond Avenue, Waterville, ME 04901 | PK-3 | 2.5 mi |
Waterville Junior High School 100 West River Road, Waterville, ME 04901 | 6-8 | 0.4 mi |
Waterville Senior High School 1 Brooklyn Avenue, Waterville, ME 04901 | 9-12 | 1.4 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 8 Paul Ave
Date
Details
Price
Change
Source
7/07/2026
Listed
$299,900
—
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 8 Paul Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,684
6%
$216,700
24%
2024
$3,486
—
$174,300
—
2023
$3,469
47%
$174,300
92%
2022
$2,352
38%
$91,000
—
2021
$1,708
-27%
$91,000
—
2019
$2,344
2%
$91,000
—
2018
$2,300
8%
$91,000
—
2017
$2,123
2%
$91,000
—
2016
$2,075
-2%
$91,000
19%
2015
$2,118
1%
$76,200
—
2014
$2,088
—
$76,200
—
2013
$2,088
—
$76,200
—
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 8 Paul Ave
8 Paul Avenue, Waterville, ME 04901 (MLS# 1670599) is a Multi-Family property with 2 units containing 0 bedrooms and 2 full bathrooms. 8 Paul Avenue is currently listed for $299,900 and was received on July 07, 2026. Want to learn more about 8 Paul Avenue? Do you have questions about finding other Multi-Family real estate for sale in Waterville? You can browse all Waterville real estate or contact a Coldwell Banker agent to request more information.

