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117 Dresden Avenue, 
Gardiner, ME 04345

$310,000


Bed


2

Baths


2,196

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Sam Prindle

Tim Dunham Realty

Last updated:

August 7, 2025, 01:46 AM

MLS#

1629237

Source:

ME MREIS

About This Home

117 Dresden Avenue

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.

Home Facts

Multi-Family

2 Baths

Built in 1880

Price Summary

310,000

$141 per Sq. Ft.

MLS #:

1629237

Last Updated:

August 7, 2025, 01:46 AM


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,196 Sq. Ft.


Structure

Structure

Architectural Style:

New Englander

Building Area:

2,196 Sq. Ft.

Year Built:

1880


Lot

Lot Size (Sq. Ft):

29,620


Finances & Disclosures

Finances

Price:

$310,000

Price per Sq. Ft:

$141 per Sq. Ft.

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