OFF MARKET

Off Market May 2023 for $297K

$333,501

•

3,800

sq ft

877 Indian River Rd, Addison, ME 04606

About this home

INVESTORS TAKE NOTICE! Fully rented 3 Unit apartment building, with potential for store front and/or additional storage and garage commercial space. Two units freshly renovated/built within past two years. Property includes enough acreage to add more rentals with existing unused well already established. Layout features two 2 bedrooms/1-bathroom units and a 1 bedroom/1 bathroom unit. All units fully equipped with washer/dryer, stove, and fridge.

Multi-familyProperty Type

1974Year Built

3.7 acresLot Size

$88Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Shaye Lee • Better Homes & Gardens Real Estate/The Masiello Group

Bought with Suzanne McGuire • NextHome Coast2Coast

Redfin checked: a few seconds ago

•Source:MREIS #1556647

Redfin Estimate

$333,501

$36K since sold in May 2023$44K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.5% lower than the average sale price ($430K) of 6 comparable homes.

SOLD JUN 1, 2026
$248,000
A
3 beds1 bath1,648 sq ft
104 Old County Rd, Marshfield, ME 04654
SOLD MAY 27, 2026
$425,000
B
4 beds3.5 baths3,232 sq ft
989 Mason Bay Rd, Jonesport, ME 04649
SOLD JUN 24, 2026
$1,100,000
C
3 beds3 baths2,790 sq ft
613 Yoho Head Rd, Machiasport, ME 04655
SOLD JUL 24, 2026
$275,000
D
3 beds2 baths1,695 sq ft
1655 Indian River Rd, Jonesport, ME 04649
SOLD JUL 31, 2026
$250,000
E
5 beds1 bath2,614 sq ft
17 Milbridge Rd, Cherryfield, ME 04622
SOLD JUL 28, 2026
$283,000
F
3 beds2 baths1,108 sq ft
330 Point St, Addison, ME 04606

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 04606, ME

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

93.4%

0.1% MoM

Median sale price

$230K

$98K MoM

Avg. days on market

275d

0 days MoM

Recently sold homes

0 MoM

New listings for sale

$749,900
5 beds3 baths3,602 sq ft
29 Reef Point Rd, Addison, ME 04606
See all

Provided by Redfin

Sale history for 877 Indian River Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,438 (+3.1%)

$24,500 + $101,800

$126,300

2024

$2,364 (+104.0%)

$24,500 + $101,800

$126,300

2023

$1,159 (+5.5%)

$24,500 + $42,800

$67,300

2022

$1,099

$23,400 + $42,800

$66,200

2021

$1,099 (+6.3%)

$23,400 + $42,800

$66,200

2020

$1,034 (+0.7%)

$23,400 + $41,200

$64,600

2019

$1,027 (+2.1%)

$23,400 + $41,200

$64,600

2018

$1,006

$22,100 + $41,200

$63,300

2017

$1,006 (+8.1%)

$22,100 + $41,200

$63,300

2016

$931 (+1.6%)

$22,100 + $41,700

$63,800

2015

$916 (+7.1%)

$22,100 + $41,700

$63,800

2014

$855

$22,100 + $41,700

$63,800

Tax history for 877 Indian River Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,438 (+3.1%)

$24,500 + $101,800

$126,300

2024

$2,364 (+104.0%)

$24,500 + $101,800

$126,300

2023

$1,159 (+5.5%)

$24,500 + $42,800

$67,300

2022

$1,099

$23,400 + $42,800

$66,200

2021

$1,099 (+6.3%)

$23,400 + $42,800

$66,200

2020

$1,034 (+0.7%)

$23,400 + $41,200

$64,600

2019

$1,027 (+2.1%)

$23,400 + $41,200

$64,600

2018

$1,006

$22,100 + $41,200

$63,300

2017

$1,006 (+8.1%)

$22,100 + $41,200

$63,300

2016

$931 (+1.6%)

$22,100 + $41,700

$63,800

2015

$916 (+7.1%)

$22,100 + $41,700

$63,800

2014

$855

$22,100 + $41,700

$63,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

3.7 Acres

Year renovated

—

Sq. Ft.

3,796

Year built

1974

Style

Single Family Residential

County

Washington County

APN

581648

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Property details

Parking

Parking Information
Has Garage
# of Garage Spaces: 1
Parking Features: 21+ Spaces, Paved, On Site, Carport, Detached
Vehicle Storage: 1 Car, Carport, Detached, Other Vehicle Storage

Interior

Bathroom Information
# of Baths (Full): 3

Interior Features
Accessibility Features: Level Entry
Flooring: Wood, Laminate
Other Equipment: Internet Access Available

Laundry Information
Laundry Features: Washer Hookup

Exterior

Building Information
Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
Foundation Details: Slab
Roof: Composition, Shingle
Total Stories: 2
Total Building Area (Sq. Ft.): 3,800

Property Information
Year Built: 1974
Above-Grade Finished Area (Sq. Ft.): 3,800
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $161,172
Lot Size (Acres): 3.7
Lot Size Source: Public Records
Lot Features: Open, Level, Wooded, Rural
Zoning: RES/COMM

Financial

Tax Information
Annual Tax Amount: $1,098.92
Tax Year: 2022

Utilities

Utility Information
Has Heating
Heating: Forced Air, Direct Vent Heater
Electric: Circuit Breakers
Sewer: Septic Tank, Private Sewer
Utilities: Utilities On, Pole
Utilities On: Yes
Water Source: Well, Private
Water Heater: Electric

Location

Multi-Unit Information
# of Units Total: 3
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 2
Operating Expense: $17,965
Gross Income: $40,200

Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,250
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,100
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,000
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

HOA Information
Pets Allowed: No Restrictions

Location Information
Unparsed Address: 877 Indian River Road, Addison, ME 04606
Directions: Take route 187 to Jonesport from Columbia Falls go 4 miles, the property will be on the right

Public facts

Beds: 2
Baths: 1.5
Sq. Ft.: 3,796
Stories: 2.0
Lot Size: 3.7 acres
Style: Single Family Residential
Year Built: 1974
Year Renovated: —
County: Washington County
APN: 581648

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Some nearby schools may not be within this home's attendance zone. Please check the Regional School Unit 37 Maine School Administrative District 37 website to verify.

Daniel W Merritt School

Public PreK-6 • 1.7mi

3/10

Jonesport Elementary School

Public PreK-8 • 4.5mi

3/10

Jonesport-Beals High School

Public 9-12 • 4.4mi

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 82° expected this year, 16 days in 30 years

7/10 Wind Factor

79% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Addison, ME • 04606

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 7.3 hours in June and 2.8 hours in December, placing it below the U.S. average for solar exposure.

7.3 hrs

2.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$317,000 – $384,000

Sell confidently with a local market expert in Addison. 3 minutes to get started.

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New listings for sale in 04606

$749,900

5 beds3 baths3,602 sq ft

29 Reef Point Rd, Addison, ME 04606

Home values near 877 Indian River Rd

Data from public records.

Address	Redfin Estimate
864 Indian River Road, Addison, ME - Beds \| 1 Baths \| 960 Sq. Ft.	$164,751
40 Airport Road, Addison, ME 3 Beds \| 2 Baths \| 1884 Sq. Ft.	$313,039

Address	Redfin Estimate
34 Airport Road, Addison, ME 1 Beds \| 1 Baths \| 800 Sq. Ft.	$152,181
2 Black Bear Lane, Addison, ME 3 Beds \| 1.5 Baths \| 1087 Sq. Ft.	$208,874

Address	Redfin Estimate
5 Black Bear Lane, Addison, ME 3 Beds \| 1 Baths \| 1308 Sq. Ft.	$196,449
8 Airport Road, Addison, ME 1 Beds \| - Baths \| 448 Sq. Ft.	$52,022

Property information provided by MREIS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 04606, ME

Sale history for 877 Indian River Rd

Tax history for 877 Indian River Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04606

Home values near 877 Indian River Rd

More real estate resources