340 Main Rd

Passadumkeag, ME 04475

$329,000
Price
4
Beds
4,464 Sq. Ft.
$74 / Sq. Ft.
4,464
Sq. Ft.
$74
per Sq. Ft.
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Description

Discover a versatile investment opportunity with 340 Main Road, a multi-use property set on 1.99± acres in the small community of Passadumkeag. This property features two well-maintained apartments and a large, adaptable ground-floor space, offering strong income potential and room for future expansion. Upstairs, you will find a comfortable 1-bedroom unit and a spacious 3-bedroom apartment with an enclosed porch, both with solid rental histories, making this a great option for owner-occupants or...Discover a versatile investment opportunity with 340 Main Road, a multi-use property set on 1.99± acres in the small community of Passadumkeag. This property features two well-maintained apartments and a large, adaptable ground-floor space, offering strong income potential and room for future expansion. Upstairs, you will find a comfortable 1-bedroom unit and a spacious 3-bedroom apartment with an enclosed porch, both with solid rental histories, making this a great option for owner-occupants or investors looking for immediate cash flow. The lower level was previously used as a general store and lunch counter but is now a blank slate, ready to be reimagined. With proper approvals, this space could be converted into additional rental units, a workshop, studio space, or a live/work setup, depending on your vision. Whether you're looking to expand your rental portfolio, start a small business, or create a custom living space, 340 Main Road offers flexibility and value in a rural setting.
  1. Listed by Chelsea Ireland • NextHome Experience

Property Details for 340 Main Road

Waterfront
No
ArchitecturalStyle
Other
Garage
No
Zoning
Res/Commercial
LISTING UPDATED: 10/02/2025 04:30 AM

Property Details for 340 Main Road

StatusActive
MLS #1639544
Days on Market81
Taxes$3,376 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1984
Lot Size1.99 AC / 86,684 SF
CountyPenobscot County

Location

Listing Courtesy of NextHome Experience
Add your commute

Building Information for 340 Main Road

Stories-Residences2Year Built1984Building Size-Lot Size1.99 AC / 86,684 SF

Payment Calculator

$1,907 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,626

Property Taxes

$281

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 340 Main Road

Summary
Location and General Information
  • Road Surface Type: Paved
  • Directions: From I-95 take exit 217 toward Howland, follow Route 115 through Howland over the bridge to West Enfield, take a right on Route 2, 6.8+/- miles to the property on the right.
  • Town: Passadumkeag
  • State/Province: ME
  • Zip Code: 04475
  • County: Penobscot
  • Geo Latitude: 45.183291
  • Geo Longitude: -68.617751
  • Tax Lot: 38
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Intown: Yes
  • Location:Rural: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:River/Brook/Stream: Yes
Parking
  • Parking Features: 21+ Spaces, Gravel
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 5012
  • Tax Map Number: 3
  • Tax Year: 2024
  • Parcel Number: 340MainRoadPassadumkeagMaine04475
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,376.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 4464.0
  • Lot Size Acres: 1.99
  • Source of Acreage: Public Records
  • Building Area Total: 4464.0
  • Lot Size Area: 1.99
  • Lot Size Units: Acres
  • Lot Size Square Feet: 86684.4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 340
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Gray
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1984
Utilities
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer, Septic Design Available
  • Water Source: Well, Private
  • Other Equipment: Internet Access Available
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
Interior Features
  • Basement: Not Applicable
  • Flooring: Vinyl, Laminate, Concrete, Carpet
  • Cooling: None
  • Heating: Other Heat System, Forced Air
  • Foundation Details: Slab
  • Laundry Features: Washer Hookup
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $19,200.00
  • Operating Expenses: $5,000.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: Second
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $800.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 2.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,300.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 6.00
  • Unit 2:# of Bedrooms: 3.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Range: Yes
  • Unit 3:Sewer: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 340 Main Road

DateEvent & SourcePriceAppreciation
Sep 25, 2025

Listed (Active)

Maine Listings #1639542

$648,000—
Sep 25, 2025

Listed (Active)

Maine Listings #1639544

$329,000—
Nov 30, 2024

Expired

Maine Listings #1591516

$349,000—
Nov 30, 2024

Expired

Maine Listings #1591798

$349,000—
May 30, 2024

Listed (Active)

Maine Listings #1591516

$359,000—
May 30, 2024

Listed (Active)

Maine Listings #1591798

$359,000—
Dec 1, 2022

Expired

Maine Listings #1494336

$519,900—
Dec 1, 2022

Expired

Maine Listings #1494321

$229,900—
Jun 1, 2021

Listed (Active)

Maine Listings #1494336

$519,900—
Jun 1, 2021

Listed (Active)

Maine Listings #1494321

$229,900—
DateEvent & SourcePrice
09/25/2025

Listed (Active)

Maine Listings #1639542

$648,000
09/25/2025

Listed (Active)

Maine Listings #1639544

$329,000
11/30/2024

Expired

Maine Listings #1591516

$349,000
11/30/2024

Expired

Maine Listings #1591798

$349,000
05/30/2024

Listed (Active)

Maine Listings #1591516

$359,000
05/30/2024

Listed (Active)

Maine Listings #1591798

$359,000
12/01/2022

Expired

Maine Listings #1494336

$519,900
12/01/2022

Expired

Maine Listings #1494321

$229,900
06/01/2021

Listed (Active)

Maine Listings #1494336

$519,900
06/01/2021

Listed (Active)

Maine Listings #1494321

$229,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 340 Main Road

This home is within Regional School Unit 31 Msad 31.
Rating
School
Type
Grades
Distance
Enfield Station Elementary School
Public - PK to 5
Hichborn Middle School
Public - 6 to 8
Penobscot Valley High School
Public - 9 to 12
Rating
School
Distance
Enfield Station Elementary School
PublicPK to 5

Hichborn Middle School
Public6 to 8

Penobscot Valley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 340 Main Road, Passadumkeag, ME 04475

340 Main Road is a multi-family home for sale in Passadumkeag, ME 04475. This property was listed for sale on September 25, 2025 by NextHome Experience, it's currently listed at $329,000. This listing's school district is Regional School Unit 31 Msad 31. Nearby schools include Enfield Station Elementary School, Hichborn Middle School and Penobscot Valley High School. 340 Main Road is a 4-bed, 2-bath, 4,464 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Experience

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.