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Back 516 Eight Rod Road
Off Market

516 Eight Rod Road

Augusta ME 04330

4
2
3936 sq. ft.
45302.4 sq. ft.
Multi-Family
Last sold for $520,000
Maryea CurtisMaryea Curtis, last sold this property on 27 March 2026 after 869 days on market.

Overview

Live in one unit while the others help pay your mortgage! Beautifully maintained 4-unit property featuring a new roof, updated heating system, and clean, move-in ready apartments. This is a rare opportunity to step into homeownership with built-in rental income -- ideal for buyers looking to offset living costs or create long-term financial stability. Instead of paying rent, occupy one apartment and collect income from the remaining units. The property offers strong existing rents, comfortable layouts, and low-maintenance major systems already completed, making the transition to multi-unit ownership simple and approachable. Perfect for owner-occupants, first-time buyers, or anyone looking to combine housing and investment in one property. Convenient location close to shopping, services, and commuting routes. Start building equity while tenants help cover expenses -- a smart alternative to traditional homeownership.

Features

4 bathrooms
2 carspaces
2 garage spaces
3936 sq. ft. floor area
45302.4 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Augusta over the last 12 months, the estimated median property value of 516 Eight Rod Road is $295k.

Median value
$295k
Estimated value range
$122.5k - $1.4m
Median days on market
16
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Augusta. 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 516 Eight Rod Road

2026
Sold
$520,000
27 Mar 2026 by Maryea Curtis, of The Flaherty Group
2021
Sold
$386,000
24 Jun 2021 by William Logan, of Brookewood Realty

Happy sellers in Augusta

~%

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

Local market activity for multi families in Augusta

In the last 12 months, 39 multi families similar to 516 Eight Rod Road, have been sold.

This represents a 6% increase in multi families sales when compared to the previous 12 months.

Nearby agents

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

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David Haydym

David Haydym is a recommended agent for Augusta.  They have collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Augusta
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Kyle Charest

Sellers who recommend Kyle Charest have praised them for being responsive, local expert, clear communication, patient, empathetic, friendly, and resourceful

  •   5   (70 reviews)
  •  2 Sales in Augusta
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Jocelyn O'Rourke-Shane

Sellers who recommend Jocelyn O'Rourke-Shane have praised them for being local expert, responsive, clear communication, supportive, friendly, stress-free process, and honest

  •   5   (91 reviews)
  •  1 Sale in Augusta
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Cindy Powell

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

  •   5   (112 reviews)
  •  1 Sale in Augusta
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