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!
Active
Price cut: $20K (2/28)
$249,000
348 Main Street, Corinth, ME 04427
4beds
936sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$237,000 Zestimate®
$266/sqft
$-- HOA
What's special
High visibilityTwo efficiency unitsOne-bedroom unitSpacious two-bedroom unit
- 129 days |
- 218 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
NextHome Experience
Source: Maine Listings,MLS#: 1649605
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Exterior Entry,Partial
Interior area
- Total structure area: 936
- Total interior livable area: 936 sqft
- Finished area above ground: 936
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces
Lot
- Size: 0.62 Acres
- Features: City Lot, Level, Sidewalks
Details
- Parcel number: CORHM08L003A
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone, Granite
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private
Community & HOA
Location
- Region: Corinth
Financial & listing details
- Price per square foot: $266/sqft
- Tax assessed value: $130,500
- Annual tax amount: $1,762
- Date on market: 1/17/2026
Estimated market value
$237,000
$225,000 - $249,000
$1,407/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2026 | Price change | $249,000-7.4%$266/sqft |
Source: | ||
| 1/17/2026 | Listed for sale | $269,000+28.1%$287/sqft |
Source: | ||
| 6/7/2024 | Listing removed | -- |
Source: | ||
| 12/9/2023 | Listed for sale | $210,000$224/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,762 +3.8% | $130,500 +2.7% |
| 2023 | $1,697 +3.1% | $127,100 +31.3% |
| 2022 | $1,646 +6.3% | $96,800 |
| 2021 | $1,549 | $96,800 |
| 2020 | $1,549 +5.7% | $96,800 +3.7% |
| 2019 | $1,466 -1.3% | $93,370 |
| 2018 | $1,485 -0.6% | $93,370 |
| 2017 | $1,494 +1.9% | $93,370 |
| 2016 | $1,466 +7.2% | $93,370 +0.4% |
| 2015 | $1,368 +0.7% | $93,030 |
| 2014 | $1,358 | $93,030 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04427
Nearby schools
GreatSchools rating
- 4/10Central Community Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Central Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Central High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Penobscot County
- Corinth
- 04427
- 348 Main Street




