Waterville Homes under $150,000

Welcome to Waterville, Maine, a charming city nestled in the heart of Kennebec County! Known for its rich history and vibrant community spirit, Waterville offers a unique blend of small-town charm and modern conveniences. With its picturesque landscapes, friendly neighborhoods, and an array of local amenities, this city is an ideal place for families, retirees, and anyone seeking a peaceful yet engaging environment.

One of the standout features of Waterville is its affordability in the housing market. For those looking to make a home in this delightful city, you’ll be pleased to discover a variety of homes available for under $150,000. This price point opens the door to a range of options, from cozy single-family homes to quaint townhouses, perfect for first-time buyers or those looking to downsize.

Waterville’s real estate market is characterized by its accessibility, making it an excellent choice for budget-conscious buyers. Imagine settling into a charming home surrounded by beautiful parks, local shops, and delicious dining options. The community is also home to several educational institutions, ensuring that families have access to quality education.

In addition to its affordability, Waterville boasts a rich cultural scene with art galleries, theaters, and seasonal festivals that bring the community together. With easy access to outdoor activities, including hiking and fishing, residents can enjoy the natural beauty of Maine year-round.

If you're searching for an affordable yet vibrant place to call home, Waterville, ME, is waiting for you! Explore the opportunities available today and discover the charm of this wonderful city.

Newest Waterville Homes under $150,000

$35,000

2 Beds ⋅ 1 Baths

Motivated Seller! This 2 bed/1 bathroom home will be ideal for someone looking to move-in and add their personal touches. Updates include a brand new furnace, 275 gallon K-1 tank and line, chimney cap, skirting, hot water tank and plumbing. Home is being sold AS-IS, will not finance.

49 Victoria Dr, Waterville

Listing courtesy of Plowman Realty Group.

$65,000

2 Beds ⋅ 2 Baths

If you're looking for affordable, clean, one level living, look no further! This well-maintained home is ready for its new owner. Featuring 2 full bathrooms, an eat in kitchen, and a peaceful deck, this property requires zero work to move in. Located close to Thomas College, and all the amenities of downtown Waterville. Reach out for your private showing today!

5 Victoria Dr, Waterville

Listing courtesy of Real Broker.

$104,900

4 Beds ⋅ 2 Baths

Bring your ideas and unlock the potential of this spacious 4-bedroom home! Offering plenty of room and a flexible layout, the home features a convenient first-floor bedroom along with three additional bedrooms upstairs. A covered front porch adds classic charm and provides a welcoming entrance, while the enclosed rear entry porch offers additional functional space. Outside, you'll find a flat, usable lot and a detached one-car garage for parking or storage. The property does need some updating and repairs, making it a great opportunity for someone looking to renovate and add their own personal touches. Conveniently located close to shopping, dining, schools, and other everyday amenities. With its generous bedroom count, practical layout, garage, and manageable lot, this property offers plenty of possibilities for its next owner. Property must be listed for 5 calendar days before the seller can respond to offers. All offers/counteroffers must be submitted on PropOffers by the buyer's agent.

21 Hillside Ave, Waterville

Listing courtesy of Fontaine Family-The Real Estate Leader.

$149,900

3 Beds ⋅ 1 Baths

Cape Cod on a level corner lot in a convenient Waterville location near shopping, the turnpike, and the country club. Three bedrooms, one full bath, and 1,056 square feet of living space, including a first-floor bedroom, kitchen, living room, and den, plus two bedrooms upstairs Built in 1957, this home likely has hardwood flooring under the living room carpet and the upstairs bedrooms. Detached one-car garage. This home has some deferred maintenance in some areas and the garage is in rough shape, making it a solid opportunity for a buyer with the vision and sweat equity to restore it. Priced accordingly. Cash or renovation financing preferred; property is unlikely to qualify for FHA, VA, or RD financing in its current condition.

40 Shores Rd, Waterville

Listing courtesy of EXP Realty.

$149,900

2 Baths

Discover the potential of this two-family property in a convenient Waterville location. Each unit offers 3 bedrooms and 1 bath. Situated on a 0.08-acre lot, the property offers a view toward the Messalonskee Stream from behind the property. Conveniently located near Waterville's shopping, dining, services, and other amenities, this property presents an opportunity to make it your own and bring your vision and improvements to the space.

48 Western Ave, Waterville

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

$99,900

2 Baths

Two-family property located on Swan Street in Waterville, offering an opportunity to own a multifamily property in an established residential area. The property sits on a 0.09-acre lot and features two separate residential units. The building is being offered in its existing condition and will require repairs and improvements. The rear foundation wall is in need of repair. Convenient Waterville location with potential for those looking to take on a renovation project and improve the property over time.

2 Swan St, Waterville

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

$125,000

4 Beds ⋅ 2 Baths

Here is your opportunity to own a versatile property in the heart of Waterville. Formerly a two-unit and currently used as a single-family home, 5 Veteran Court offers flexibility for a variety of living arrangements and can easily be converted back to a multi-unit if desired. The home features spacious living areas, multiple bedrooms, and an adaptable layout ideal for extended family, rental income potential, or added workspace. Conveniently located near downtown amenities, this property provides both convenience and future investment potential.

5 Veteran Ct, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

$102,500

3 Beds ⋅ 2 Baths

Brand-new 2025 model home featuring 3 bedrooms and 2 full baths in a thoughtfully designed layout. Includes convenient first-floor laundry hookups and durable vinyl siding for low-maintenance living. Set within a well-managed park community, this residence blends modern comforts with community convenience. Park approval required; monthly association fee applies.

15 Valerie Ln, Waterville

Listing courtesy of Summit Real Estate.

$94,900

2 Beds ⋅ 2 Baths

Welcome to 8 Victoria Drive, brand new mobile home. Never been lived in. 2 bedrooms 2 full bathrooms. Must obtain park approval.

8 Victoria Dr, Waterville

Listing courtesy of Summit Real Estate.

$102,500

3 Beds ⋅ 2 Baths

Discover modern, low-maintenance living in this brand-new 2025 manufactured home located in a well-managed Waterville park community. Featuring 3 bedrooms, 2 full baths, and approximately 880 sq. ft. of open-concept living space, this home is perfect for anyone looking for affordable, move-in-ready housing in Central Maine. Enjoy stylish laminate flooring, a bright and spacious kitchen, first-floor laundry hookups, and energy-efficient construction for comfort and savings. The level lot provides easy parking and access, while the location keeps you close to shopping, dining, schools, and I-95 for an easy commute. Whether you're a first-time homebuyer, downsizing, or looking for a fresh start, this newly built home offers incredible value and convenience Must obtain park approval.

19 Valerie Ln, Waterville

Listing courtesy of Summit Real Estate.

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