Augusta Homes under $400,000

Welcome to Augusta, the charming capital city of Maine, nestled in the heart of Kennebec County. Known for its rich history and vibrant community, Augusta offers a unique blend of small-town charm and urban convenience. With a population of just over 19,000 residents, this picturesque city is surrounded by stunning natural beauty, including the Kennebec River and lush green spaces, making it an ideal location for outdoor enthusiasts and families alike.

Augusta boasts a thriving arts scene, highlighted by the historic Maine State Museum and the beautiful Maine State Capitol building. The city is also home to a variety of local shops, restaurants, and cafes, providing residents with a delightful array of dining and shopping options. Festivals and community events throughout the year foster a strong sense of belonging and connection among residents.

For those seeking affordable housing options, Augusta is an excellent choice, with homes available for under $400,000. This price point opens the door to a variety of charming properties, from cozy single-family homes to inviting townhouses, perfect for first-time buyers or those looking to downsize. With a strong real estate market and a welcoming community, Augusta offers a fantastic opportunity to invest in a home without breaking the bank.

Whether you’re drawn to the city's rich history, vibrant culture, or beautiful landscapes, Augusta, Maine, is a place where you can truly feel at home. Explore the possibilities and discover your perfect residence in this captivating city!

Newest Augusta Homes under $400,000

$289,000

2 Baths

Excellent investment opportunity at 34 Oak Street in Augusta! This updated in-town two-unit offers strong rental income and a solid opportunity for an investor looking for an established, income-producing property. The property has benefited from numerous improvements, including updates to the roof, windows, flooring, paint, bathrooms, and more. The property is heated efficiently with natural gas, helping keep overall operating costs manageable. Each unit also has their own washer & dryer, dedicated off-street parking, adding convenience for tenants. Both units are currently occupied on month-to-month rental agreements, with Unit 1 renting for $1,400 per month and Unit 2 for $1,300 per month, generating $32,400 in annual gross rental income. Tenants pay their own electric and hot water. With established rental income, efficient natural-gas heat, dedicated parking, updated major components, and a convenient Augusta location, this property offers an attractive opportunity for both seasoned and first-time multifamily investors. 34 Oak Street, Augusta and 167 Summer Street, Auburn may also be purchased together as a package, with favorable package pricing available. Inquire for details.

34 Oak St, Augusta

Listing courtesy of Maine Source Realty.

$300,000

2 Baths

2496 N Belfast Ave, Augusta

Listing courtesy of Rizzo Mattson. 207-622-9000

$334,900

3 Beds ⋅ 2 Baths

Mid century vibes in this well maintained home. Vaulted ceilings with beams, dining room with windows on 2 side and atrium doors open to living room give the home a more spacious feel. Custom kitchen in place with cherry cabinets is in excellent condition. Lower level has an office, bonus room and laundry, The primary has a sitting room attached, walk in closet, bath and sliders to deck. The home also has 2 more bedroom on this level. Once car garage and storage on the first level.

18 Duncan Rd, Augusta

Listing courtesy of Your Home Sold Guaranteed Realty.

$390,000

4 Beds ⋅ 3 Baths

OPEN HOUSE SAT 10/3 1-2:30 PM. Set back from the road on 2.28 wooded acres, this well-maintained ranch offers a comfortable and versatile layout in a peaceful setting, all while remaining just minutes from Augusta's many amenities. With four bedrooms, three full baths, finished lower-level space, and multiple outbuildings, there is plenty of room to spread out both inside and out. The bright main level features hardwood and tile flooring throughout, with numerous windows bringing in an abundance of natural light. The spacious kitchen offers generous cabinetry and flows easily into the main living areas. In the living room, a woodstove adds warmth and coziness during the cooler months. The primary suite includes a private full bath and walk-in closet, while an additional bedroom, second full bath, and convenient first-floor laundry complete the main level. Downstairs, the finished basement expands the home's possibilities with two additional bedrooms or flexible-use spaces, a full bath, and a second woodstove. The unfinished portion includes a workshop area and additional space for storage, projects, or hobbies. Outside, two decks provide space to relax and enjoy the wooded surroundings. A detached, insulated two-car garage and two additional shed outbuildings offer excellent storage for vehicles, lawn equipment, tools, and recreational gear. The home is also equipped with air and water radon mitigation systems and a generator hookup for added convenience. Offering privacy, usable acreage, flexible living space, and a convenient location, 24 Penn Lane is a property that feels tucked away without sacrificing easy access to Augusta.

24 Penn Ln, Augusta

Listing courtesy of Keller Williams Realty. 207-553-2400

$150,000

3 Beds ⋅ 2 Baths

Enjoy comfortable, easy living in this inviting double-wide home in a welcoming 55+ community. The thoughtfully designed layout offers plenty of space to relax, entertain, and enjoy everyday life without the upkeep of a larger property. The comfortable living area with a gas fireplace and well-appointed kitchen create an easy flow for everyday living. The spacious primary suite provides a private bathroom and a walk-in closet. Two additional bedrooms offer room for guests, hobbies, or a home office. One of the home's standout features is the screened-in porch—a wonderful spot to enjoy your morning coffee, unwind at the end of the day, or gather with friends while enjoying the fresh air without the bugs. New carpet has been installed in the living room and all three bedrooms. Outside, you'll find two sheds for additional storage. Come see all this home has to offer and make it your own!

3 Maple Way, Augusta

Listing courtesy of Sprague & Curtis Real Estate. lori@spragueandcurtis.com

$399,000

3 Beds ⋅ 2 Baths

Charming, updated, and full of possibilities! Welcome to 81 Windsor Ave, where comfortable living meets flexible space in a neighborhood you'll love coming home to. This 3-bedroom home offers several recent updates, including new vinyl siding in 2023 and a metal roof installed in 2024. The appliances are approximately 5 years old, adding even more convenience for the next owner. Need more room to spread out? The basement has been transformed into additional bonus living space, giving you plenty of flexibility for a family room, home office, playroom, hobby space, or whatever suits your lifestyle.

81 Windsor Ave, Augusta

Listing courtesy of Hoang Realty.

$260,000

3 Beds ⋅ 2 Baths

Welcome home to this bright and inviting 3-bedroom, 1.5 bath home, conveniently located in-town Augusta and close to shopping, dining, schools, and city services. Enjoy being just minutes from the Kennebec River, where boating, fishing, outdoor recreation and wildlife are right at your fingertips. Inside you'll find a freshly painted interior, newer flooring, and plenty of natural light throughout. The spacious kitchen offers ample oak cabinet storage along with a breakfast nook. Also enjoy a separate dining room for everyday meals and entertaining. First floor laundry adds extra convenience, while the enclosed porch provides a wonderful spot to relax and enjoy your morning coffee. With three bedrooms, one and a half baths, and a move-in-ready interior, this home offers comfortable and convenient in-town living. Grocery stores and everyday necessities are within walking distance, while everything Augusta has to offer is just minutes away in this well-established neighborhood. Move right in and start enjoying your new home!

9 Cedar St, Augusta

Listing courtesy of LAER.

$229,900

2 Beds ⋅ 2 Baths

OPEN HOUSE Saturday, Oct 3 from 10am-11am. Welcome to this well-maintained second-floor condo offering comfortable, low-maintenance living in a quiet and convenient location. Built in 1988, this 8-unit building is tucked near the end of Smith Street, a peaceful dead-end road just off Western Avenue. Unit 6 features 2 bedrooms, 2 bathrooms, a spacious living room, dining area, and kitchen, along with a private balcony. The unit also offers five closets, a dedicated laundry room, additional attic storage, and one assigned parking space, with visitor parking available. Numerous updates have already been completed, including fresh paint throughout, granite countertops, hardwood hickory flooring, a new AC unit, updated kitchen and bathroom lighting, new toilets, new kitchen faucet, new electric hot water heater and new ceiling fans. The brand new heating system uses propane as a fuel source. Public water and sewer add to the convenience and efficiency of this home. The association allows rentals with a minimum 6-month lease. Cats and dogs are permitted with a 15-pound weight limit and must be leashed in common areas. Whether you're looking for a comfortable place to call home or a potential rental property, this condo offers a great combination of updates, convenience, and low-maintenance living. Schedule your showing today!

72 Smith St Unit 6, Augusta

Listing courtesy of Your Home Sold Guaranteed Realty.

$46,900

2 Beds ⋅ 1 Baths

81 Sparrow Dr, Augusta

Listing courtesy of NextHome Northern Lights Realty. Office@NextHomeNLR.com

$289,000

2 Baths

Really a very nice set of units. Inside and outside this set is not just solid and sturdy, the apartments are in nice shape and the garage is a great enhancement to the tenancies. Tenants are paying their own heat with nice nat gas combi boilers. Lots of new electric, fresh roof paint and lots of interior updates. There's a cute little yard to boot. Bring your owner-occupied goals or add to your portfolio. Great place to land.

25 Washington St, Augusta

Listing courtesy of AllMaineHomes, LLC.

$239,000

3 Beds ⋅ 1 Baths

Potential, potential, potential! Nice Augusta neighborhood with a large yard, this property comes with a separate buildable lot. You can have a great yard for playing, building, or sell the lot for bonus. Here is an opportunity to buy at a reasonable price in-town, close to both Augusta and Hallowell shops, restaurants, and parks. This home is within walking distance of the Capitol/State Offices and is ideal for state workers. New appliances, plus 2 Fujitsu heat pumps, pellet stove, and solar panels to keep your heating/utility bills low. Energy efficient replacement windows throughout.

25 Taylor St, Augusta

Listing courtesy of Portside Real Estate Group.

$329,000

3 Beds ⋅ 1 Baths

Tired of high oil and gas prices? This inviting 3-bedroom, 1-bath Ranch offers two heat pumps, providing an efficient alternative to traditional heating and helping keep energy costs in check! Set on a spacious .93-acre lot, this home offers the perfect combination of convenience and a more rural feel. Located less than 5 minutes from the Maine Veterans' Home, hospital, and Cancer Center, it's also just a short commute to I-95, making travel to Lewiston, Portland, or Waterville convenient for work or everyday activities. The finished basement adds valuable living space with three bonus rooms and a family room, offering plenty of flexibility for a home office, guest space, hobby rooms, playroom, or additional living area. There is also an opportunity to add a basement bathroom. The sellers are including a toilet, vanity, and upflush system with the sale, making it easier to complete the bathroom. A range and refrigerator in the basement are also included. Enjoy the convenience of being close to everything while still having the space and feel of a country setting. With its flexible finished space, large lot, two heat pumps, and convenient location, this home offers plenty of possibilities. Don't let this one pass you by! Schedule your showing today!

21 Bunny St, Augusta

Listing courtesy of Rizzo Mattson. 207-622-9000

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