516 Riverside Drive, Augusta, ME 04330
Property image
Property image
SOLD
SEP 4, 2026

$230,000

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,897 sqft (on 0.47 acres)

516 Riverside Drive, Augusta, ME 04330

Est. Refi. Payment $1,455/mo*
Refinance Your Home
Currently Off Market - Sold Sep 4, 2026 for $270,000 (6% above list price)

Home Value

Trulia Estimate
$230K
Since last month
Decreased$1K (-0.6%)
Since last year
Decreased$1K (-0.6%)
Since last sale
Decreased$40K (-14.9%)
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 decreased by -1% in the last 10 years
MonthEstimated value
2026
August 2026$230K
July 2026$231K

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
514 Riverside Drive, Augusta, ME
0.00
Multi-Family Home
$245,000
09/04/26
4
2
1,838
133 Riverside Drive, Augusta, ME
1.74
Multi-Family Home
$300,000
12/08/25
5
2
2,160
107 Northern Avenue, Augusta, ME
2.04
Multi-Family Home
$327,000
10/17/25
4
2
2,167
31 Monroe Street, Augusta, ME
1.87
Multi-Family Home
$255,000
12/05/25
4
2
2,248
143 Northern Avenue, Augusta, ME
2.00
Multi-Family Home
$260,000
10/06/25
5
2
1,912
205 Northern Avenue, Augusta, ME
1.77
Multi-Family Home
$437,000
05/14/26
6
3
3,316
78 Mount Vernon Avenue, Augusta, ME
2.17
Multi-Family Home
$229,500
11/03/25
5
2
1,864
33 Franklin Street, Augusta, ME
1.90
Multi-Family Home
$290,000
05/04/26
6
2
1,876

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
514 Riverside Drive, Augusta, ME 04330
0.00
$245,000
4
2
1,838
Recently Sold
4 Clover Corner Ln #151, Augusta, ME 04330
0.10
-
2
1
643
Off Market
3 Baxter Place, Augusta, ME 04330
0.15
$50,000
3
2
1,064
Recently Sold
32 Rapha Place, Augusta, ME 04330
0.15
$494,600
3
3
3,075
Off Market
46 Monarch Drive, Augusta, ME 04330
0.17
$49,900
2
1
1,152
Recently Sold
33 Blair Road, Augusta, ME 04330
0.22
$291,800
3
2
1,384
Off Market
15 Iris Court, Augusta, ME 04330
0.23
$167,900
3
2
1,344
For Sale
468 Riverside Drive, Augusta, ME 04330
0.21
$325,000
3
1.5
1,554
For Sale
34 Falcon Circle, Augusta, ME 04330
0.24
$110,000
2
2
952
For Sale
4 Iris Court, Augusta, ME 04330
0.24
$55,000
2
1
756
Off Market
23 Monarch Drive, Augusta, ME 04330
0.24
$58,000
3
2
1,256
Recently Sold

Local Information

  • Map ViewExplore the area around 516 Riverside Drive.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1843
0.47 acre lot
1,897 sqft
$142/sqft
Last check for updates: about 3 hours ago
Listed by Pouliot Real Estate
Bought with: Coldwell Banker Realty
Source: Maine Listings, MLS#1673153

About this House

Looking to get into real estate investing or offset your mortgage with rental income? This well-maintained two-unit property offers flexibility that's hard to find. Unlike a traditional side-by-side duplex, these apartments are arranged one above the other, providing two spacious living areas with separate entrances. Whether you're looking to owner-occupy one unit while renting the other or add a solid income-producing property to your portfolio, this property is worth a closer look. An added bonus is the home's versatility. With its layout, the property could be converted back into a single-family home with relative ease, giving future owners additional options as their needs change. Each unit features bright living spaces, two comfortable bedrooms, functional kitchens, and the convenience of its own washer and dryer hookups. Each unit also offers its own heating source and own electric meter allowing for heat and electricity to be paid for by tenants should you desire. The property generates an estimated gross annual rental income of $31,200 with estimated annual operating expenses of $10,938, making it an attractive opportunity. Outside, you'll find ample parking and a manageable yard that's easy to maintain while still offering space to relax or garden. The asphalt roof, vinyl siding and vinyl window provides for ease of maintenance, plus the convenient location puts shopping, schools, and major commuting routes just a short distance away. In addition, the basement is easily accessed from an exterior door making storage a breeze. Whether you're looking to build equity through rental income, expand your investment portfolio, or own a home with built-in flexibility for the future, this property checks all the boxes. Schedule your private showing today before this opportunity is gone.
516 Riverside Drive, Augusta, ME 04330 is a 4 bedroom, 2 bathroom, 1,897 sqft multi-family built in 1843. It last sold for $270,000 on Sep 4, 2026 (6% above the $255,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $230,000, with a rent estimate of $1,443/month.

Home Details for 516 Riverside Drive

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Exterior Entry,Walk-Out Access,Full,Unfinished
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1897 Square Feet
Heating & Cooling
Heating: Direct Vent Furnace,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Direct Vent Furnace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Laminate, Tile, Wood, Luxury Vinyl
Levels, Entrance, & Accessibility
Floors: Laminate, Tile, Wood, Luxury Vinyl

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: DeckNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Paved,1 - 4 Spaces,On Site,Off Street
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Private Sewer, Septic Tank
Finished Area
Finished Area (above surface): 1897 Square Feet

Property Information

Year Built
Year Built: 1843
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: New Englander
Building
Construction Materials: Wood Frame, Vinyl Siding

Price & Status

Price
List Price: $255,000Price Per Sqft: $142/sqft
Status Change & Dates
Off Market Date: Tue Jul 28 2026

Location

Direction & Address
City: Augusta

Building

Building Area
Building Area: 1897 Square Feet

Lot Information

Lot Area: 0.47 acres

Miscellaneous

BasementMls Number: 1673153Attribution Contact: 207-248-6044Above Grade Unfinished Area: 1897

Price and Tax history

DateEventPrice
Sep 4, 2026
Source: Maine Listings #1673153
Sold
$270,000
Jul 29, 2026
Source: Maine Listings #1673153
Pending
$255,000
Jul 23, 2026
Source: Maine Listings #1673153
Listed For Sale
$255,000

Market trends in Augusta

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
76
7MoM

Around this home

What Locals Say about Augusta

At least 128 Trulia users voted on each feature.

  • 88 % Say car is needed

  • 80 % Say parking is easy

  • 77 % Say there are sidewalks

  • 73 % Say it's dog friendly

  • 70 % Say there's holiday spirit

  • 70 % Say yards are well-kept

  • 59 % Say there's wildlife

  • 59 % Say it's walkable to grocery stores

  • 57 % Say kids play outside

  • 55 % Say streets are well-lit

  • 51 % Say it's walkable to restaurants

  • 51 % Say people would walk alone at night

  • 48 % Say it's quiet

  • 47 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Incubusgal05
    "the elementary schools are incredible!! There are a lot of public parks and amazing family friendly walking paths. "
    0
    Flag
  • Molly B.
    "It is quiet, people are friendly, and I feel safe! The park is at the top of my street which is great for my kiddos!"
    0
    Flag
  • Cheryl C.
    "There are plenty of trails and parks In the area where you can walk dogs and there is a great dog park. "
    1
    Flag
  • Cheryl C.
    "Dog owners will love this area! There is a great dog park here and there are always people walking the neighborhood streets with their dogs."
    0
    Flag
  • Scottboyington02
    "Easy commute to my employer. Additionally I have access to numerous roads, highways and access to major points in the State. Roads are cleared in the winter efficiently "
    0
    Flag
  • Scottboyington02
    "Plenty of places to walk. Plus there is a dog park in the city. There are sidewalks, side streets, woods"
    1
    Flag
  • Marci
    "I've lived in this neighborhood for 20 years and the neighbors are friendly and the schools are great for my kids. My family is from this area so I plan on staying in this area for a while."
    4
    Flag
  • Melissa L. S.
    "They should put more stuff in for fun for family's and children instead of bars and food places !! There are a lot of people wanting more in Augusta especially to b safe and have fun especially with our children and grandchildren ❤️"
    1
    Flag
  • Cheryl C.
    "Commuting is easy, traffic is light, access to the interstate is close and roads are well maintained. "
    0
    Flag
  • Melissasevery41
    "sand hill LOT of trouble including thieves and weirdos that like to come up to u not knowing them with a huge machete trying to hurt you !!!!! Animals getting run over on purpose having crappy landlords and kicking u out for no reason!!!!! building u live in as I do just found out it should have been condemned and will if not fixed ALOT of that going on in Augusta!!!!"
    6
    Flag
  • TJB
    "Drug addicts and drunks for neighbors, no real industrial sector - only jobs are in medical field or fast food / retail. Taxes are extremely high. I have never lived anywhere else that had taxes this high. We plan on moving as soon as we can. Coming to Augusta was a mistake."
    13
    Flag
  • Vanessa McEwen
    "I've lived in Augusta for the last 3 years and I love how convenient everything is and how friendly folks are. the rent is reasonable and easy to find."
    4
    Flag
  • Tim
    "A quiet neighborhood but close to everything! I have enjoyed my time here, there is no traffic, only the residents."
    1
    Flag
  • Sammantha.chase
    "Waterfront Wednesday in downtown Augusta. It’s fun, hearing the music, walking around, and seeing people "
    1
    Flag
  • Janniedurr
    "I feel safe with my neighbors. I enjoy the proximity to everything here. Lots of options for local nightlife. The local YMCA isn’t far, which is convenient. "
    1
    Flag
  • Kristy L. C.
    "The school is wonderful & Augusta is a nice community. There is a wonderful Recreation program thru the city also!"
    0
    Flag
  • Kristy
    "Lots of community events & downtown has many new businesses revitalizing the city! There are a variety of shops, restaurants, and employment opportunities here!"
    1
    Flag
  • Cmrobillard
    "Since the day I moved in I have been welcomed by many of my neighbors and have been very lucky to make some great friends. We all look out for each other. The area is very nice as well, close to an arboretum, ball fields and also the city of Augusta and it's conveniences. "
    2
    Flag

LGBTQ Local Legal Protections

Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443

Frequently asked questions about 516 Riverside Drive

  • What is 516 Riverside Drive estimated to be worth?
    Trulia's estimated value for 516 Riverside Drive in Augusta, ME is $230,000.
  • What is the price history for 516 Riverside Drive?
    516 Riverside Drive in Augusta, ME last sold for $270,000 in September 2026.
  • Is Augusta a buyer's or seller's market?
    Augusta is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Augusta?
    Residents describe Augusta, ME as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in Augusta, ME.
  • Does 516 Riverside Drive have parking?
    Yes, 516 Riverside Drive in Augusta, ME has on-site parking.

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