2 Carey Ct, Waterville, ME 04901
Property image
Bedroom 1
OFF MARKET

$161,500

Trulia Estimate
  • 5 Beds
  • 2 Baths
  • 1,570 sqft

2 Carey Ct, Waterville, ME 04901

Est. Refi. Payment $1,032/mo*
Refinance Your Home

Home Value

Trulia Estimate
$162K
Since last month
Increased$3K (+1.7%)
Since last year
Increased$7K (+4.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +397% in the last 10 years
MonthEstimated value
2026
August 2026$162K
August 2026$162K
July 2026$159K
June 2026$163K
May 2026$156K
April 2026$155K
March 2026$154K
February 2026$155K
January 2026$161K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
42 Carey Lane, Waterville, ME
0.01
Multi-Family Home
$175,000
05/16/26
4
2
1,690
19 Gold Street, Waterville, ME
0.12
Multi-Family Home
$240,000
12/29/25
5
2
1,404
10 Veteran Court, Waterville, ME
0.19
Multi-Family Home
$160,000
10/01/25
4
2
1,190
194 Water Street, Waterville, ME
0.24
Multi-Family Home
$199,000
10/31/25
4
2
1,680
36 Summer St, Waterville, ME
0.18
Multi-Family Home
$130,000
10/28/25
5
2
2,305
22 Water Street, Waterville, ME
0.35
Multi-Family Home
$273,000
06/01/26
5
2
2,250
4 Pare Street, Waterville, ME
0.31
Multi-Family Home
$238,000
07/14/26
6
2
1,704
9 Tardiff Street, Waterville, ME
0.27
Multi-Family Home
$275,000
11/18/25
4
2
1,814
66 Summer St, Waterville, ME
0.14
Multi-Family Home
$295,000
08/13/26
4
2
1,664
51 Western Avenue, Waterville, ME
0.54
Multi-Family Home
$235,000
08/14/26
5
2
1,732

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1 Carey Court, Waterville, ME 04901
0.01
$165,000
3
1
1,042
Recently Sold
10 Carey Lane, Waterville, ME 04901
0.01
$166,400
3
1
1,257
Off Market
39 King Street, Waterville, ME 04901
0.06
$193,800
4
3
2,798
Off Market
29 Carey Lane, Waterville, ME 04901
0.04
$229,900
3
1.5
1,570
For Sale
42 Carey Lane, Waterville, ME 04901
0.01
$175,000
4
2
1,690
Recently Sold
14 Libby Court, Waterville, ME 04901
0.06
$203,600
3
1
947
Off Market
7 Libby Court, Waterville, ME 04901
0.05
$205,000
4
2
1,532
Recently Sold
35 King Street, Waterville, ME 04901
0.07
$166,300
3
1
1,305
Off Market
41 Carey Lane, Waterville, ME 04901
0.03
$128,100
3
1
1,175
Off Market
31 King Street, Waterville, ME 04901
0.08
$267,600
4
2.5
1,600
Off Market
42 King Street, Waterville, ME 04901
0.10
$253,900
6
2
1,867
Off Market
8 Gold Street, Waterville, ME 04901
0.08
-
12
5
4,579
Off Market

Local Information

  • Map ViewExplore the area around 2 Carey Ct.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1930
Living Area
1,570 sqft
Price/Sqft
$103

About this House

Updated, energy efficient, cash flowing 2-unit for sale on Carey Ct. in Waterville Maine. Priced rock bottom. We are not willing to go any lower as we've already reduced the asking price by almost 50%.

$17,000 annual rental income. Has cash flowed $9,000-$10,000 per year.
Apt #1: 2BR $695 heat, hw, elec inc.
Apt #2: 3BR $735 heat only inc.

Building is in great shape. No lawn to mow, updated heating system, vinyl siding, fully weatherized via Efficiency Maine. One boiler, 2 elec. hot water heaters so tenants can pay own hot water. Very simple "turn key" property. Owners retiring.

11% CAP RATE
44% Return on investment
(assuming 25% down payment, 20 year loan, and reasonable income and expense projections)

Improvements & Features

Efficiency Maine energy audit and upgrades
Pensotti direct vent boiler (2010)
2 electric hot water heaters (tenants each have their own)
Spray foamed entire basement & sealed floor
Caulk and sealed all seams throughout the house, tested with blower door
12-14 inches insulation in attic
Updated bathrooms with fiberglass shower / tubs, newer toilets and sinks
Washer / dryer hookups in both apartments
Vinyl and luxury plank vinyl flooring and paint throughout #2. (some older flooring in Kitchen and bathroom #1)
Apartments: One 2 BR apt (Master bedroom has a little "nursery" or dressing room, with built in bureaus and closets.) and one 3 BR apt. Rents are 695 everything included for the 2 BR and 695 heat inc. for 3 BR.


$78,000 absolute rock bottom (was asking 139,000)

Sellers would like to retire and sell all single and multi family properties. See www.realestateme.com for more information. Letter of credit or proof of funds needed for showing.
2 Carey Ct, Waterville, ME 04901 is a 5 bedroom, 1 bathroom, 1,570 sqft multi-family built in 1930. More recently, it was listed as a rental in July 2017 with an asking price of $700 per month. That rental listing was removed on March 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $161,500, with a rent estimate of $1,680/month.

Home Details for 2 Carey Ct

Interior Features

Interior Details
BasementNumber of Rooms: 9Types of Rooms: Walk In Closet
Heating & Cooling
Heating: Baseboard, OilHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Laminate, Linoleum Vinyl
Appliances & Utilities
Cable ReadyRefrigerator

Exterior Features

Exterior Home Features
Roof: MetalExterior: Vinyl
Parking & Garage
Parking Spaces: 2Parking: Off Street

Property Information

Year Built
Year Built: 1930Year Updated: 2009
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 2613 sqft

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
Jul 24, 2017
Source: N/A
ListingRemoved
$700
Jul 20, 2017
Source: N/A
Listed For Rent
$700
Jul 19, 2017
Source: N/A
ListingRemoved
$78,000
Apr 3, 2017
Source: N/A
Listed For Sale
$78,000

Market trends in Waterville

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
58
15MoM

Around this home

What Locals Say about Waterville

At least 113 Trulia users voted on each feature.

  • 84 % Say parking is easy

  • 81 % Say it's dog friendly

  • 79 % Say car is needed

  • 73 % Say there's holiday spirit

  • 73 % Say yards are well-kept

  • 70 % Say kids play outside

  • 69 % Say it's walkable to restaurants

  • 68 % Say it's walkable to grocery stores

  • 62 % Say there are sidewalks

  • 58 % Say people would walk alone at night

  • 53 % Say streets are well-lit

  • 51 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 47 % Say it's quiet

  • 39 % Say there's wildlife

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jamie K.
    "They would like the flat roads and the clean areas. They can walk their dogs and feel safe. People do a good job cleaning up too. "
    3
    Flag
  • Francesca S.
    "There isn’t much community events in my neighborhood. Only a couple community events during the summer and that’s it."
    2
    Flag
  • Cosgrove1128
    "I see People walking their dogs all the time. This is a very dog friendly neighborhood. Lots of big dogs and small dogs alike"
    2
    Flag
  • Cosgrove1128
    "It’s walking distance to everything. It’s right in the middle of town. It’s near the high school. It’s safe."
    2
    Flag
  • Dominic K.
    "I see people walking their dogs. Not really any interaction. some clean up after their dogs but most do not."
    1
    Flag
  • Daniel M.
    "I don't live in Waterville I'm only visiting but it seems like a really great place everyone should move herej"
    0
    Flag
  • AB
    "Dogs are welcome. Trails where dogs can be walked on leash. Dog stores and grooming available. Near woods where dog can walk off leash."
    3
    Flag
  • Wandaivette372
    "I live a short walk away from downtown. It is a good area to live. Most of the neighbors are decent"
    0
    Flag
  • Juliebigge
    "I've lived in this downtown neighborhood for 2 years and I hate it. It's loud with sirens constantly screaming by. Drugs. and drunk people everywhere. No one is friendly. I'm moving to the suburbs as soon as I can."
    1
    Flag
  • Rebeca_curry
    "I moved to my current neighborhood a year ago and lived in my previous one for 13 years. I'm now much closer to my doctor's, dentist, grocery store and pharmacy. I enjoy the farmers market weekly and local artist within walking distance. I enjoy my current neighborhood much more and feel very safe day or night. I have lived in Maine since 88 and the major area was Waterville over most of those years. my children and my grandchildren have been educated here and they have wonderful programs for all interests. there is a diverse population of people and interests. "
    4
    Flag
  • Jill H.
    "Friendly neighbors, convenient location! Quiet side street of well maintained homes!"
    3
    Flag
  • whatsupwithyoudog
    "I rented in this area. The area has a lot of drug related problems. There are also many Sex Offenders in this area--Beware!"
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 2 Carey Ct

  • What is 2 Carey Ct estimated to be worth?
    Trulia's estimated value for 2 Carey Ct in Waterville, ME is $161,500.
  • Is Waterville a buyer's or seller's market?
    Waterville is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Waterville?
    Residents describe Waterville, ME as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Waterville, ME.
  • What are the closest schools to 2 Carey Ct?
    The closest schools to 2 Carey Ct in Waterville, ME are Albert S Hall School (Elementary, rated 5/10), George J Mitchell School (Pre-K/Elementary, rated 3/10), Waterville Junior High School (rated 5/10).
  • Does 2 Carey Ct have parking?
    Yes, 2 Carey Ct in Waterville, ME has on-site parking.

Explore by feature - Pet Friendly

19 pet-friendly rentals in Waterville, ME

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9 rentals with air conditioning in Waterville, ME

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12 rentals with a washer/dryer in Waterville, ME

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