117 Dresden Avenue

Off Market

117 Dresden Avenue

Gardiner ME 04345

2196 sq. ft.

29620.8 sq. ft.

Multi-Family

Last sold for $320,000

Sam Prindle, last sold this property on 09 September 2025 after -358 days on market.

Overview

Unlock rare income potential in Gardiner's historic neighborhood! This fully renovated 2-unit apartment house offers charm, cash flow, and future upside. All within walking distance to parks, the downtown, the Kennebec River Rail Trail, and the river itself. Each unit is approx. 1,089 sq. ft. and features 2 bedrooms and 1 bath, gleaming hardwood floors, tiled baths, updated kitchens, and in-unit washer & dryers. The second-floor unit even includes a spacious walk-in closet off the primary bedroom, a tenant favorite! All major systems, including heating, plumbing, electrical, kitchen, and baths, were upgraded in 2019. Long-term leases mean immediate rental income, and the third-floor attic space with one bedroom already built is city-approved for conversion to a 1-bed unit, bringing potential for an extra $1,450/month. Numerous ways to add value make this a smart play for investors and owner-occupants alike. Outside, enjoy a farmer's porch perfect for relaxing, a stream running through the backyard, and a garage with bonus storage above. Private driveways add convenience for tenants. While the exterior needs paint, the property is priced accordingly, offering a solid opportunity to build equity quickly. Gardiner remains one of Maine's most desirable spots for its small-town feel, scenic surroundings, and steady rental demand. With a cost of living below the national average and easy access to I-95 and Portland, tenants love calling it home. Don't miss your chance to see this rare multi-unit before it's gone. Come envision your next great investment or house hack right here in Gardiner.

Features

2 bathrooms

1 carspace

1 garage space

2196 sq. ft. floor area

29620.8 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Gardiner over the last 12 months, the estimated median property value of 117 Dresden Avenue is $316k.

Median value

$316k

Estimated value range

$280k - $425k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Gardiner. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 117 Dresden Avenue

2025

Sold

$320,000

09 Sep 2025 by Sam Prindle, of Tim Dunham Realty

2019

Sold

$66,775

22 Feb 2019 by Daniel Patry

Happy sellers in Gardiner

We have insufficient information to provide an overview of customer satisfaction for Gardiner. Viewing the agent profiles, reviews and sales for Gardiner can provide insights for this location.

Local market activity for multi families in Gardiner

In the last 12 months, 6 multi families similar to 117 Dresden Avenue, have been sold.

This represents a 46% increase in multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Gardiner for a market analysis.

Cindy Powell

at Hearth & Key Realty

(111 reviews)

Get a market analysis

Karyn Bournival

at Tim Dunham Realty

(3 reviews)

Get a market analysis

Kerry Lee Hall

at Vernon A. Martin, Inc.

Get a market analysis

James Pepin

at Sprague & Curtis Real Estate

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Gardiner

Cindy Powell

Sellers who recommend Cindy Powell have praised them for being local expert, responsive, clear communication, supportive, patient, dedicated, and well-prepared