OFF MARKET

Off Market Oct 2022 for $1M

—

•

13,500

sq ft

319 & 335 Southgate Rd, Old Town, ME 04468

About this home

This is a once in a lifetime investment opportunity with plenty of expansion potential. 5 duplexes, totaling 10 units have been very well maintained and constructed with low maintenance in mind. The 34 acres leaves plenty of room for more duplexes to be built and capitalize on all the income potential this property has to offer. The location is a quiet, country setting yet just 10 miles to UMaine. If you have been looking for that ultimate investment opportunity, don't let this one get away. Set up your showing today.

Multi-familyProperty Type

2003Year Built

34 acresLot Size

$74Price/Sq.Ft.

1 spaceParking

Listed by Sarah Ryan • NextHome Experience

Bought with Travis Pelletier • Better Homes & Gardens Real Estate/The Masiello Group

Redfin checked: 3 minutes ago

•Source:MREIS #1530613

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 04468, ME

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.5%

+0.6% MoM

Median sale price

$285K

$8K MoM

Avg. days on market

46d

12 days MoM

Recently sold homes

3 MoM

New listings for sale

OPEN TODAY, 3PM TO 4PM
$574,000
4 beds2 baths3,012 sq ft
651 College Ave, Old Town, ME 04468
$399,999
6 beds4 baths3,315 sq ft
499 Main St, Old Town, ME 04468
$285,000
7 beds2 baths3,404 sq ft
21 Bradbury St, Old Town, ME 04468
$487,500
5 beds3.5 baths3,787 sq ft
35 High St, Old Town, ME 04468
$640,000
2 beds2 baths1,954 sq ft
323 Woodland Ave, Old Town, ME 04468
$449,900
4 beds3 baths2,200 sq ft
57 W Old Town Rd, Old Town, ME 04468
$659,000
3 beds2.5 baths2,620 sq ft
1 Hamel Ln, Old Town, ME 04468
FOR SALE BY OWNER
$659,500
3 beds2 baths896 sq ft
203 Woodland Ave, Old Town, ME 04468
See all

Provided by Redfin

Sale history for 319 & 335 Southgate Rd

Year

Property tax

Land + Additions

Assessment*

2025

$13,257 (+12.0%)

$55,900 + $607,600

$663,500

2024

$11,840 (−0.3%)

$55,900 + $613,000

$668,900

2023

$11,870 (+14.9%)

$55,900 + $614,700

$670,600

2022

$10,334 (−15.2%)

$32,800 + $459,300

$492,100

2020

$12,189

$32,300 + $500,900

$533,200

2019

$12,189

$32,300 + $500,900

$533,200

2018

$12,189 (+2.3%)

$32,300 + $500,900

$533,200

2017

$11,917 (+5.7%)

$32,300 + $500,900

$533,200

2015

$11,272 (+4.7%)

$31,800 + $500,900

$532,700

2014

$10,766 (−18.4%)

$31,800 + $500,900

$532,700

2013

$13,188

$31,800 + $673,800

$705,600

Tax history for 319 & 335 Southgate Rd

Year

Property tax

Land + Additions

Assessment*

2025

$13,257 (+12.0%)

$55,900 + $607,600

$663,500

2024

$11,840 (−0.3%)

$55,900 + $613,000

$668,900

2023

$11,870 (+14.9%)

$55,900 + $614,700

$670,600

2022

$10,334 (−15.2%)

$32,800 + $459,300

$492,100

2020

$12,189

$32,300 + $500,900

$533,200

2019

$12,189

$32,300 + $500,900

$533,200

2018

$12,189 (+2.3%)

$32,300 + $500,900

$533,200

2017

$11,917 (+5.7%)

$32,300 + $500,900

$533,200

2015

$11,272 (+4.7%)

$31,800 + $500,900

$532,700

2014

$10,766 (−18.4%)

$31,800 + $500,900

$532,700

2013

$13,188

$31,800 + $673,800

$705,600

*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

Stories

Lot width

—

Lot depth

—

Lot size

20 Acres

Year renovated

—

Sq. Ft.

9,900

Year built

2003

Style

Other

County

Penobscot County

APN

302704

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces, Gravel

Interior

Bathroom Information
# of Baths (Full): 18

Basement Information
Basement Entry: Interior, Crawl Space, Partial, Sump Pump

Interior Features
Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub
Flooring: Tile, Laminate, Carpet

Laundry Information
Laundry Features: Washer Hookup

Exterior

Building Information
Construction Materials: Brick, Block, Masonry, Wood Frame
Foundation Details: Slab
Roof: Metal
Structure Type: Duplex
Total Building Area (Sq. Ft.): 13,500

Property Information
Year Built: 2003
Above-Grade Finished Area (Sq. Ft.): 13,500

Lot Information
Lot Size (Sq. Ft.): $1,481,040
Lot Size (Acres): 34
Lot Size Source: Public Records
Lot Features: Well Landscaped, Open, Level, Wooded, Near Turnpike/Interstate, Near Town
Road Surface Type: Paved
Zoning: R-3A - RURAL RES A

Financial

Tax Information
Annual Tax Amount: $15,508
Tax Year: 2021

Utilities

Utility Information
Has Heating
Heating: Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Septic Tank, Private Sewer, Septic Design Available
Utilities: Utilities On
Utilities On: Yes
Water Source: Well, Private
Water Heater: Off Heating System

Location

Multi-Unit Information
# of Units Total: 10
# of 2 Bedroom Units: 10
Operating Expense: $51,957.96
Gross Income: $101,700

Unit 1 Information
# of Bedrooms: 2
Actual Rent: $850
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 2
Actual Rent: $800
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 2
Actual Rent: $850
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4 Information
# of Bedrooms: 2
Actual Rent: $850
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: No

Unit 5 Information
# of Bedrooms: 2
Actual Rent: $775
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6 Information
# of Bedrooms: 2
Actual Rent: $850
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 7 Information
# of Bedrooms: 2
Actual Rent: $850
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 8 Information
# of Bedrooms: 2
Actual Rent: $950
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 9 Information
# of Bedrooms: 2
Actual Rent: $850
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 10 Information
# of Bedrooms: 2
Actual Rent: $850
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Location Information
Unparsed Address: 319 & 335 Southgate Road, Old Town, ME 04468
Directions: I-95 to Route 43. Left onto Route 16. Right onto Route 116. Approximately 5 miles down on the right.

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 9,900
Stories: 2.0
Lot Size: 20 acres
Style: Other
Year Built: 2003
Year Renovated: —
County: Penobscot County
APN: 302704

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Alton Elementary School

Public PreK-2 • Assigned • 5.4mi

8/10

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

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 90° expected this year, 14 days in 30 years

6/10 Wind Factor

27% 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

Old Town, ME • 04468

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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

Nearby similar homes

$1,150,000

7 beds6 baths5,367 sq ft

14 Gifford Ln, Bucksport, ME 04416

$439,900

4 beds4 baths2,352 sq ft

284 French St, Bangor, ME 04401

New listings for sale in 04468

OPEN TODAY, 3PM TO 4PM

$574,000

4 beds2 baths3,012 sq ft

651 College Ave, Old Town, ME 04468

$399,999

6 beds4 baths3,315 sq ft

499 Main St, Old Town, ME 04468

$285,000

7 beds2 baths3,404 sq ft

21 Bradbury St, Old Town, ME 04468

$487,500

5 beds3.5 baths3,787 sq ft

35 High St, Old Town, ME 04468

$640,000

2 beds2 baths1,954 sq ft

323 Woodland Ave, Old Town, ME 04468

$449,900

4 beds3 baths2,200 sq ft

57 W Old Town Rd, Old Town, ME 04468

$659,000

3 beds2.5 baths2,620 sq ft

1 Hamel Ln, Old Town, ME 04468

FOR SALE BY OWNER

$659,500

3 beds2 baths896 sq ft

203 Woodland Ave, Old Town, ME 04468

Home values near 319 & 335 Southgate Rd

Data from public records.

Address	Redfin Estimate
400 Southgate Rd, Old Town, ME 2 Beds \| 1 Baths \| 1461 Sq. Ft.	$251,548

Address	Redfin Estimate
334 Southgate Rd, Old Town, ME 3 Beds \| 1 Baths \| 1870 Sq. Ft.	$394,405

Address	Redfin Estimate
319 Southgate Rd, Old Town, ME 4 Beds \| 2 Baths \| 2700 Sq. Ft.	$441,144

Property information provided by MREIS when last listed in 2022. 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 04468, ME

Sale history for 319 & 335 Southgate Rd

Tax history for 319 & 335 Southgate Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04468

Home values near 319 & 335 Southgate Rd

More real estate resources