This home's estimate is 48.8% lower than the average sale price ($374K) of 6 comparable homes.
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348 Main St, Corinth, ME 04427
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About this home
Excellent investment opportunity in the heart of Corinth! This property, located at 348 Main Street in Corinth is a nice, four-unit apartment building that offers strong income potential in a highly convenient, central location--perfectly situated between Bangor and Dover-Foxcroft. The property features one spacious two-bedroom unit, one, one-bedroom unit, and two efficiency units with a solid history of consistent occupancy. Heat is provided by a single oil-fired furnace, keeping systems centralized and efficient, and the building is served by private water and sewer. The current owner has completed several recent upgrades, adding to the overall condition and long-term value of the property. Recently, solar panels were added to the building. With easy access from the road, high visibility, and a walkable Main Street location, this building is attractive to tenants and easy to manage. Whether you're expanding your portfolio or stepping into your first multi-unit investment, this property offers reliable rental demand, a practical unit mix, and strong upside potential in a growing area. A solid, income-producing asset in a great location. Call today to set up a showing!
Redfin Estimate
Market trends in 04427, ME
Last updated August 2026
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Sale and tax history for 348 Main St
- Sale History
- Tax History
$267/sq ft
$266/sq ft
$287/sq ft
$224/sq ft
$107/sq ft
Public record
Property details
Parking
- Parking Information
- Parking Features: Gravel, 5 - 10 Spaces
Interior
- Bathroom Information
- # of Baths (Full): 4
- Basement Information
- Basement Entry: Exterior Entry, Partial
- Interior Features
- Flooring: Carpet, Laminate, Vinyl
Exterior
- Building Information
- Construction Materials: Wood Frame, Vinyl Siding
- Foundation Details: Stone, Granite
- Roof: Shingle
- Total Building Area (Sq. Ft.): 936
- Property Information
- Year Built: 1900
- Above-Grade Finished Area (Sq. Ft.): 936
- Lot Information
- Lot Size (Sq. Ft.): $27,007.20
- Lot Size (Acres): 0.62
- Lot Size Source: Public Records
- Lot Features: Intown, Level, Sidewalks
- Zoning: Residential
Financial
- Tax Information
- Annual Tax Amount: $1,762
- Tax Year: 2024
Utilities
- Utility Information
- Has Heating
- Heating: Baseboard
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water Source: Private
- Water Heater: Electric
Location
- Multi-Unit Information
- # of Units Total: 4
- # of 1 Bedroom Units: 3
- # of 2 Bedroom Units: 1
- Operating Expense: $12,313
- Gross Income: $41,400
- Unit 1 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 2
- Actual Rent: $1,000
- Dedicated Electric Meter: No
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: Yes
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 2
- Actual Rent: $1,250
- Dedicated Electric Meter: No
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: Yes
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 3 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 1
- Actual Rent: $600
- Dedicated Electric Meter: No
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: Yes
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 4 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 1
- Actual Rent: $600
- Dedicated Electric Meter: No
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: Yes
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- School Information
- High School District: RSU 64/MSAD 64
- Location Information
- Unparsed Address: 348 Main Street, Corinth, ME 04427
- Directions: Property is located on Main Street in Corinth. There is a sign on the property.
Public facts
- Beds: 4
- Baths: 4.0
- Sq. Ft.: 936
- Stories: 2.0
- Lot Size: 0.62 acres
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Penobscot County
- APN: 870835
Around this home
Schools
Public PreK-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 0.4mi
Public 9-12 • Assigned • 0.3mi
Sun exposure
Exceptional sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Sell confidently with a local market expert in Corinth.
Nearby similar homes
New listings for sale in 04427
Home values near 348 Main St
| Address | Redfin Estimate |
|---|---|
4 Beds | 1.5 Baths | 936 Sq. Ft. | $249,591 |
4 Beds | 1 Baths | 912 Sq. Ft. | $210,669 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1064 Sq. Ft. | $246,120 |
- Beds | - Baths | - Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1260 Sq. Ft. | $265,761 |
- Beds | - Baths | - Sq. Ft. | — |
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