* * NEW LISTING IN HALLOWELL * * Discover this attractive duplex set on a spacious 3-acre lot in Hallowell. It's perfect for anyone looking to invest or find a new home. The property includes two units: one on the first floor with two bedrooms and another with three bedrooms on the second & third floors, both equipped with modern kitchens, in unit laundry and contemporary flooring for a comfortable living experience. Plenty of parking on a convenient paved driveway that provides ample room for company. Enjoy the outdoors on two large decks offering beautiful views, making them perfect spots for relaxation or entertainment. Interested in expansion? There's plenty of land to explore additional development opportunities, enhancing the property's value and utility. The building was originally designed to accommodate three units, offering flexibility for future modifications to maximize rental income. This property has been meticulously maintained, featuring efficient heating to ensure a comfortable environment year-round. Take advantage of this opportunity to own a piece of tranquil Hallowell with potential for growth. Schedule your showing today!
Multi-familyProperty Type
1950Year Built
3 acresLot Size
$198Price/Sq.Ft.
5 spacesParking
Listed by Matthew Pouliot• Pouliot Real Estate
Contact: 207-248-6044
Bought with Nicholas Corrow• Your Home Sold Guaranteed Realty
Fully updated two unit in desirable rural Hallowell. First floor unit has 2 bedrooms, upstairs unit has 3 bedrooms. Both units have updated kitchens and flooring. Hot water baseboard heat, paved drive, large decks with gorgeous views, impeccably maintained. All this on 3 acres of land. The building used to be a 3 unit. You can add a kitchen and convert back to 3 units. HUGE growth potential. WOW
MREIS #1039246
Jan 8, 2012
Listed
$105,000
$57/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,431 (−4.0%)
$58,300 + $173,700
$232,000
2024
$4,617 (+49.7%)
$58,300 + $173,700
$232,000
2023
$3,084 (+3.8%)
$42,400 + $91,400
$133,800
2022
$2,970 (+4.2%)
$42,400 + $91,400
$133,800
2021
$2,850 (−0.9%)
$42,400 + $91,400
$133,800
2020
$2,877 (+0.9%)
$42,400 + $91,400
$133,800
2019
$2,850 (+9.4%)
$42,400 + $91,400
$133,800
2018
$2,604
$42,400 + $89,800
$132,200
2017
$2,604 (+4.2%)
$42,400 + $89,800
$132,200
2016
$2,499 (+7.4%)
$42,400 + $89,800
$132,200
2015
$2,327
$42,400 + $89,800
$132,200
2014
$2,327 (+2.9%)
$42,400 + $89,800
$132,200
2013
$2,261
$42,400 + $89,800
$132,200
Tax history for 138 Town Farm Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,431 (−4.0%)
$58,300 + $173,700
$232,000
2024
$4,617 (+49.7%)
$58,300 + $173,700
$232,000
2023
$3,084 (+3.8%)
$42,400 + $91,400
$133,800
2022
$2,970 (+4.2%)
$42,400 + $91,400
$133,800
2021
$2,850 (−0.9%)
$42,400 + $91,400
$133,800
2020
$2,877 (+0.9%)
$42,400 + $91,400
$133,800
2019
$2,850 (+9.4%)
$42,400 + $91,400
$133,800
2018
$2,604
$42,400 + $89,800
$132,200
2017
$2,604 (+4.2%)
$42,400 + $89,800
$132,200
2016
$2,499 (+7.4%)
$42,400 + $89,800
$132,200
2015
$2,327
$42,400 + $89,800
$132,200
2014
$2,327 (+2.9%)
$42,400 + $89,800
$132,200
2013
$2,261
$42,400 + $89,800
$132,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3 Acres
Year renovated
—
Sq. Ft.
1,848
Year built
1900
Style
Single Family Residential
County
Kennebec County
APN
926385
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Parking Features: 5 - 10 Spaces, Paved, On Site
Interior
Bathroom Information
# of Baths (Full): 2
Interior Features
Interior Features: 1st Floor Bedroom
Flooring: Vinyl, Laminate, Carpet
Exterior
Building Information
Construction Materials: Clapboard, Wood Frame
Foundation Details: Slab
Roof: Shingle
Total Building Area (Sq. Ft.): 1,848
Property Information
Year Built: 1950
Above-Grade Finished Area (Sq. Ft.): 1,848
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $130,680
Lot Size (Acres): 3
Lot Size Source: Public Records
Lot Features: Well Landscaped, Pasture/Field, Open, Level, Rural
Road Surface Type: Paved
Zoning: Rural
Financial
Tax Information
Annual Tax Amount: $3,084
Tax Year: 2023
Utilities
Utility Information
Has Heating
Heating: Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Septic Tank, Private Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Off Heating System
Location
Multi-Unit Information
# of Units Total: 2
# of 2 Bedroom Units: 1
# of 3 Bedroom Units: 1
Operating Expense: $9,264
Gross Income: $19,800
Unit 1 Information
# of Bedrooms: 3
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,650
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Location Information
Unparsed Address: 138 Town Farm Road, Hallowell, ME 04347
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 1,848
Stories: 2.0
Lot Size: 3 acres
Style: Single Family Residential
Year Built: 1900
Year Renovated: —
County: Kennebec County
APN: 926385
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Hall-Dale Elementary School
Public PreK-5 • Assigned • 0.6mi
6/10
Hall-Dale Middle and High School
Public 6-12 • Assigned • 1.9mi
7/10
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
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
4/10 Wind Factor
21% 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
Hallowell, ME • 04347
Average low and high temperatures (°F)
27
11
31
12
43
25
53
36
65
46
77
56
81
62
79
58
73
51
61
42
46
32
32
16
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.9 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.
7.9 hrs
3.5 hrs
JuneDecember
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