Real Estate Investment Properties for Sale in Waterville, ME

Looking for investment property in Waterville, ME with high ROI ?

Explore a variety of short-term homes & houses in Waterville, ME. Invest wisely with VRBO & Waterville, ME Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Waterville, ME

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
19 Morrill Ave Waterville, ME This can be your home to build memories. Dining room for family gatherings, fireplaced liv...	5 beds \| 2 baths \| 2,500 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.37% Airbnb Rental Income: $null Traditional Rental Income: $3512 Airbnb ROI: N/A Traditional ROI: 7.37%
33 Wilkes Street Waterville, ME Lovely well kept home in convenient neighborhood! Close to I-95, shopping and more! Featur...	4 beds \| 2 baths \| 1,506 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $2612 Airbnb ROI: N/A Traditional ROI: 6.88%
8 High Street Waterville, ME Beautiful 3-Unit Multi-Family in a Desirable NeighborhoodDiscover a fantastic investment o...	N/A beds \| 3 baths \| 2,214 sq.ft.	$249,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 4.17% Airbnb Rental Income: $1298 Traditional Rental Income: $1601 Airbnb ROI: 1.16% Traditional ROI: 4.17%
7 Donald Street Waterville, ME Welcome to 7 Donald Street in the heart of Waterville. Perched on a double lot, this Colon...	3 beds \| 1 baths \| 1,456 sq.ft.	$239,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 8.99% Airbnb Rental Income: $1292 Traditional Rental Income: $2534 Airbnb ROI: 1.71% Traditional ROI: 8.99%
2 Central Avenue Waterville, ME Great investment opportunity! 2 long term tenants with great pay records. The current owne...	N/A beds \| 2 baths \| 1,847 sq.ft.	$329,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 8.6% Airbnb Rental Income: $1298 Traditional Rental Income: $3356 Airbnb ROI: 0.63% Traditional ROI: 8.6%
63 Summer Street Waterville, ME Investor? Homeowner? You could be one - or both! In a market where everyone is worried abo...	N/A beds \| 2 baths \| 1,838 sq.ft.	$249,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 6.38% Airbnb Rental Income: $1298 Traditional Rental Income: $2114 Airbnb ROI: 1.19% Traditional ROI: 6.38%
36 King Street Waterville, ME Discover this exceptional tenant-occupied 2-family home in Waterville, perfectly blending ...	N/A beds \| 2 baths \| 2,411 sq.ft.	$305,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 9.71% Airbnb Rental Income: $1298 Traditional Rental Income: $3465 Airbnb ROI: 0.75% Traditional ROI: 9.71%
17 Winter Street Waterville, ME This charming, well-maintained and truly move-in ready New Englander style home that offer...	4 beds \| 2 baths \| 2,246 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.25% Airbnb Rental Income: $null Traditional Rental Income: $3469 Airbnb ROI: N/A Traditional ROI: 10.25%
308 Evergreen Drive Waterville, ME Lovely end unit condo in move in shape! Direct access to your garage! Features an open lay...	2 beds \| 2 baths \| 1,404 sq.ft.	$215,000	Airbnb cash on cash: -1.7% Traditional cash on cash: 7.23% Airbnb Rental Income: $826 Traditional Rental Income: $2318 Airbnb ROI: -1.7% Traditional ROI: 7.23%
11 Cherry Hill Dr Waterville, ME The seller has ripped up carpet in the living room, dining room, stairs and another one of...	5 beds \| 2 baths \| 2,371 sq.ft.	$399,999	Airbnb cash on cash: N/A Traditional cash on cash: 7.43% Airbnb Rental Income: $null Traditional Rental Income: $3689 Airbnb ROI: N/A Traditional ROI: 7.43%
27 Forest Park Waterville, ME This immaculate 4-bedroom/2.5 bathroom Colonial is set in one of Waterville's most sought ...	4 beds \| 2 baths \| 3,000 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.4% Airbnb Rental Income: $null Traditional Rental Income: $2904 Airbnb ROI: N/A Traditional ROI: 3.4%
5 Collette Street Waterville, ME Excellent Investment Opportunity - Two-Unit Property with Strong Potential This two-unit p...	N/A beds \| 2 baths \| 1,904 sq.ft.	$185,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 5.84% Airbnb Rental Income: $1298 Traditional Rental Income: $1616 Airbnb ROI: 1.72% Traditional ROI: 5.84%
28-30 Gold St Waterville, ME Come take a look at this 4-unit property that consists of a 2-unit building and 2 separate...	9 beds \| 4 baths \| 3,551 sq.ft.	$375,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.34% Airbnb Rental Income: $1298 Traditional Rental Income: $1616 Airbnb ROI: 0.28% Traditional ROI: 2.34%
29 Sterling St Waterville, ME Nestled in the heart of Waterville, this enchanting Cape style home exudes warmth and char...	3 beds \| 1 baths \| 1,119 sq.ft.	$265,500	Airbnb cash on cash: 1.38% Traditional cash on cash: 5.19% Airbnb Rental Income: $1292 Traditional Rental Income: $1843 Airbnb ROI: 1.38% Traditional ROI: 5.19%
83 Pleasant St Waterville, ME GREAT INVESTMENT PROPERTY!! Charming Updated 2-Unit Multi-Family in the Heart of Watervill...	7 beds \| 3 baths \| 2,796 sq.ft.	$370,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 3.84% Airbnb Rental Income: $1292 Traditional Rental Income: $2203 Airbnb ROI: 0.06% Traditional ROI: 3.84%
55 Western Ave Waterville, ME This duplex is perfect for investors or buyers looking for a project. It's a fixer-upper w...	6 beds \| 2 baths \| 2,346 sq.ft.	$249,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 10.91% Airbnb Rental Income: $1292 Traditional Rental Income: $3192 Airbnb ROI: 1.11% Traditional ROI: 10.91%
2 Meadow Drive Waterville, ME OPEN HOUSE- Friday afternoon, June 26th 4:00 to 6pm!! Newman Meadows~ a New 55+ community ...	2 beds \| 1 baths \| 1,071 sq.ft.	$349,900	Airbnb cash on cash: -1.43% Traditional cash on cash: 4.31% Airbnb Rental Income: $826 Traditional Rental Income: $2386 Airbnb ROI: -1.43% Traditional ROI: 4.31%
6 High Street Waterville, ME 2 unit conveniently located close to local amenities, shopping, restaurants, and schools, ...	N/A beds \| 2 baths \| 1,815 sq.ft.	$325,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 9.22% Airbnb Rental Income: $1298 Traditional Rental Income: $3514 Airbnb ROI: 0.64% Traditional ROI: 9.22%
28 First Rangeway Waterville, ME Please note: the seller is willing to contribute to paying points to reduce the mortgage i...	4 beds \| 3 baths \| 3,080 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.55% Airbnb Rental Income: $null Traditional Rental Income: $4305 Airbnb ROI: N/A Traditional ROI: 10.55%
125 Airport Rd Waterville, ME 125 Airport Rd, Waterville, ME 04901 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$109,900	Airbnb cash on cash: 5.18% Traditional cash on cash: 8.66% Airbnb Rental Income: $1298 Traditional Rental Income: $1263 Airbnb ROI: 5.18% Traditional ROI: 8.66%
5 Industrial Rd. Rd Waterville, ME 5 Industrial Rd. Rd, Waterville, ME 04901 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$100,000	Airbnb cash on cash: 5.9% Traditional cash on cash: 11.91% Airbnb Rental Income: $1298 Traditional Rental Income: $1477 Airbnb ROI: 5.9% Traditional ROI: 11.91%
4 Industrial Rd Waterville, ME 4 Industrial Rd, Waterville, ME 04901 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$120,000	Airbnb cash on cash: 4.58% Traditional cash on cash: 9.63% Airbnb Rental Income: $1298 Traditional Rental Income: $1477 Airbnb ROI: 4.58% Traditional ROI: 9.63%
6 Industrial Rd Waterville, ME 6 Industrial Rd, Waterville, ME 04901 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$100,000	Airbnb cash on cash: 5.9% Traditional cash on cash: 11.91% Airbnb Rental Income: $1298 Traditional Rental Income: $1477 Airbnb ROI: 5.9% Traditional ROI: 11.91%
3 Industrial Rd Waterville, ME 3 Industrial Rd, Waterville, ME 04901 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$175,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 5.97% Airbnb Rental Income: $1298 Traditional Rental Income: $1477 Airbnb ROI: 2.46% Traditional ROI: 5.97%
2 Industrial Rd Waterville, ME 2 Industrial Rd, Waterville, ME 04901 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$175,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 5.97% Airbnb Rental Income: $1298 Traditional Rental Income: $1477 Airbnb ROI: 2.46% Traditional ROI: 5.97%
7 Industrial Rd Waterville, ME 7 Industrial Rd, Waterville, ME 04901 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$200,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 4.95% Airbnb Rental Income: $1298 Traditional Rental Income: $1477 Airbnb ROI: 1.87% Traditional ROI: 4.95%
Lot 80 West River Rd Waterville, ME Lot 80 West River Rd, Waterville, ME 04901 \| Other	N/A beds \| N/A baths \| N/A	$154,900	Airbnb cash on cash: 3.06% Traditional cash on cash: 5.56% Airbnb Rental Income: $1298 Traditional Rental Income: $1263 Airbnb ROI: 3.06% Traditional ROI: 5.56%
49 Ticonic Street Waterville, ME Nicely kept 2 unit in Waterville . Long term tenants . Each unit has 2 bedrooms and 1 bath...	N/A beds \| 2 baths \| 1,824 sq.ft.	$175,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 8.97% Airbnb Rental Income: $1298 Traditional Rental Income: $1969 Airbnb ROI: 2.52% Traditional ROI: 8.97%
40 Ticonic Street Waterville, ME Welcome to this partially new repurposed multi unit located in the north end of Waterville...	N/A beds \| 2 baths \| 3,566 sq.ft.	$275,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 4.64% Airbnb Rental Income: $1298 Traditional Rental Income: $1847 Airbnb ROI: 0.96% Traditional ROI: 4.64%
8 Squire Street Waterville, ME This classic 1930 Cape Cod offers timeless charm paired with everyday functionality. Set o...	3 beds \| 1 baths \| 1,082 sq.ft.	$185,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 10.69% Airbnb Rental Income: $1292 Traditional Rental Income: $2381 Airbnb ROI: 2.2% Traditional ROI: 10.69%
15-17 Pine Street Waterville, ME Great Investment opportunity! 2 properties for one price! One, 2 unit apartment building a...	N/A beds \| 3 baths \| 2,061 sq.ft.	$219,900	Airbnb cash on cash: 1.5% Traditional cash on cash: 7.87% Airbnb Rental Income: $1298 Traditional Rental Income: $2219 Airbnb ROI: 1.5% Traditional ROI: 7.87%
32-34 Gold Street Waterville, ME If you are looking to pick up a rental unit, Either Move-in or continue with all tenants, ...	N/A beds \| 5 baths \| 2,556 sq.ft.	$219,900	Airbnb cash on cash: 1.5% Traditional cash on cash: 7.34% Airbnb Rental Income: $1298 Traditional Rental Income: $2109 Airbnb ROI: 1.5% Traditional ROI: 7.34%
124 College Avenue Waterville, ME This is a great opportunity if you are looking for an owner-occupied residence, rental pro...	N/A beds \| 4 baths \| 2,458 sq.ft.	$275,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 5.99% Airbnb Rental Income: $1298 Traditional Rental Income: $2192 Airbnb ROI: 0.97% Traditional ROI: 5.99%
8 Prospect Street Waterville, ME A spacious, light-filled home in the heart of town, this property offers the perfect blend...	5 beds \| 3 baths \| 2,766 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $3107 Airbnb ROI: N/A Traditional ROI: 6.6%
6 Stone Ridge Drive Waterville, ME Welcome to this beautifully maintained home offering space, comfort, and exceptional outdo...	4 beds \| 3 baths \| 3,503 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $4362 Airbnb ROI: N/A Traditional ROI: 4.43%
12 Edgemont Avenue Waterville, ME Value-add opportunity! Built in 1935, this classic cottage is a blank canvas for investors...	3 beds \| 2 baths \| 1,652 sq.ft.	$185,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 11.75% Airbnb Rental Income: $1292 Traditional Rental Income: $2572 Airbnb ROI: 2.18% Traditional ROI: 11.75%
35 Mathews Ave #20 Waterville, ME 35 Mathews Ave #20, Waterville, ME 04901 \| Townhouse	2 beds \| 1 baths \| 936 sq.ft.	$194,900	Airbnb cash on cash: -2.12% Traditional cash on cash: 6.14% Airbnb Rental Income: $826 Traditional Rental Income: $2029 Airbnb ROI: -2.12% Traditional ROI: 6.14%
53 Mathews Ave Waterville, ME 53 Mathews Ave, Waterville, ME 04901 \| Single Family Residential	4 beds \| 4 baths \| 3,280 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.79% Airbnb Rental Income: $null Traditional Rental Income: $5409 Airbnb ROI: N/A Traditional ROI: 4.79%
78 W River Rd Waterville, ME 78 W River Rd, Waterville, ME 04901 \| Single Family Residential	3 beds \| 2 baths \| 1,605 sq.ft.	$324,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 7.64% Airbnb Rental Income: $1292 Traditional Rental Income: $3134 Airbnb ROI: 0.26% Traditional ROI: 7.64%
75 Airport Rd Waterville, ME 75 Airport Rd, Waterville, ME 04901 \| Other	N/A beds \| N/A baths \| N/A	$115,000	Airbnb cash on cash: 4.87% Traditional cash on cash: 9.21% Airbnb Rental Income: $1298 Traditional Rental Income: $1375 Airbnb ROI: 4.87% Traditional ROI: 9.21%

Real Estate investment in Waterville, ME

There are 51 properties for sale in the city of Waterville . The median list price in Waterville is $229,881 and the average price per square foot is $137. In June 2026, the average monthly cash on cash return in Waterville is 9.00%. The average monthly rental income in Waterville is $2,465.

Waterville, ME Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 51 investment properties available for sale in Waterville.

In 2026, the best neighborhood to buy investment property is Waterville.

The ROI for Long-Term is higher than the Short-Term in Waterville with average rental income of $2,465.

Your search for investment property begins and ends here

Investment Property for Sale in Waterville, ME

19 Morrill Ave

Waterville, ME

5 beds | 2 baths | 2,500 sq.ft.

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.37%

Airbnb Rental Income: $null

Traditional Rental Income: $3512

Airbnb ROI: N/A

Traditional ROI: 7.37%

33 Wilkes Street

Waterville, ME

4 beds | 2 baths | 1,506 sq.ft.

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.88%

Airbnb Rental Income: $null

Traditional Rental Income: $2612

Airbnb ROI: N/A

Traditional ROI: 6.88%

8 High Street

Waterville, ME

N/A beds | 3 baths | 2,214 sq.ft.

$249,900

Airbnb cash on cash: 1.16%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $1298

Traditional Rental Income: $1601

Airbnb ROI: 1.16%

Traditional ROI: 4.17%

7 Donald Street

Waterville, ME

3 beds | 1 baths | 1,456 sq.ft.

$239,000

Airbnb cash on cash: 1.71%

Traditional cash on cash: 8.99%

Airbnb Rental Income: $1292

Traditional Rental Income: $2534

Airbnb ROI: 1.71%

Traditional ROI: 8.99%

2 Central Avenue

Waterville, ME

N/A beds | 2 baths | 1,847 sq.ft.

$329,000

Airbnb cash on cash: 0.63%

Traditional cash on cash: 8.6%

Airbnb Rental Income: $1298

Traditional Rental Income: $3356

Airbnb ROI: 0.63%

Traditional ROI: 8.6%

63 Summer Street

Waterville, ME

N/A beds | 2 baths | 1,838 sq.ft.

$249,000

Airbnb cash on cash: 1.19%

Traditional cash on cash: 6.38%

Airbnb Rental Income: $1298

Traditional Rental Income: $2114

Airbnb ROI: 1.19%

Traditional ROI: 6.38%

36 King Street

Waterville, ME

N/A beds | 2 baths | 2,411 sq.ft.

$305,000

Airbnb cash on cash: 0.75%

Traditional cash on cash: 9.71%

Airbnb Rental Income: $1298

Traditional Rental Income: $3465

Airbnb ROI: 0.75%

Traditional ROI: 9.71%

17 Winter Street

Waterville, ME

4 beds | 2 baths | 2,246 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.25%

Airbnb Rental Income: $null

Traditional Rental Income: $3469

Airbnb ROI: N/A