Active under contract

$625,000

3 Janabye Lane, Hallowell, ME 04347

5beds

3,840sqft

$4,202/mo

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Multi Family

Built in 1991

-- sqft lot

$607,500 Zestimate^®

$163/sqft

$-- HOA

What's special

Three updated unitsPeaceful rural setting

Ready for your next investment? This beautifully situated multi-unit property offers a fantastic opportunity for investors or owner-occupants alike. Featuring three updated units, this property is ready to generate income from day one. The property also includes 4+ attached garage bays with ample storage space, providing added value and flexibility for tenants, owners, hobbies, equipment, or additional rental potential. Enjoy a peaceful rural setting while being just minutes from downtown Hallowell, known for its charming shops, excellent restaurants, local art galleries, and scenic riverfront. Conveniently located only 10 minutes from Augusta and 45 minutes from Portland, this property combines small-town charm with easy access to major amenities. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this versatile property is one you won't want to miss.

73 days

32

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Hot Water

Cooling

None

Features

1st Floor Bedroom, Pantry
Flooring: Carpet, Laminate, Vinyl
Basement: Exterior Entry,Interior Entry,Walk-Out Access,Daylight,Full

Interior area

Total structure area: 3,840
Total interior livable area: 3,840 sqft
Finished area above ground: 3,840
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Paved, 5 - 10 Spaces
Garage spaces: 4

Features

Levels: Multi/Split
Patio & porch: Deck, Patio

Lot

Size: 2.08 Acres
Features: Near Turnpike/Interstate, Rural, Open Lot, Landscaped

Details

Additional structures: Outbuilding, Shed(s)
Parcel number: HALLM018L022
Zoning: RF
Other equipment: Generator

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Roof: Pitched,Shingle

Condition

Year built: 1991

Utilities & green energy

Electric: Circuit Breakers
Sewer: Private Sewer
Water: Public

Community & HOA

Location

Region: Hallowell

Financial & listing details

Price per square foot: $163/sqft
Tax assessed value: $346,100
Annual tax amount: $6,611
Date on market: 6/5/2026

Estimated market value

$607,500

$577,000 - $638,000

$2,269/mo

Price history

Date	Event	Price
7/5/2026	Contingent	$625,000$163/sqft
Source: Maine Listings #1665739 Report a problem
6/27/2026	Listed for sale	$625,000$163/sqft
Source: Maine Listings #1665739 Report a problem
6/20/2026	Contingent	$625,000$163/sqft
Source: Maine Listings #1665739 Report a problem
6/5/2026	Listed for sale	$625,000+48.8%$163/sqft
Source: Maine Listings #1665739 Report a problem
9/26/2019	Sold	$420,000-6.7%$109/sqft
Source: Maine Listings #1412243 Report a problem
8/20/2019	Listed for sale	$450,000$117/sqft
Source: McAllister Real Estate #1412243 Report a problem
8/20/2019	Pending sale	$450,000$117/sqft
Source: McAllister Real Estate #1412243 Report a problem
7/19/2019	Price change	$450,000-21.7%$117/sqft
Source: McAllister Real Estate #1412243 Report a problem
5/1/2019	Listed for sale	$575,000$150/sqft
Source: McAllister Real Estate #1412243 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,887 +18.7%	$346,100 +37.5%
2023	$5,802 +3.8%	$251,700
2022	$5,588 +4.2%	$251,700
2021	$5,361	$251,700
2020	$5,361 -39.7%	$251,700 -39.7%
2019	$8,888 +8.1%	$417,300
2018	$8,221	$417,300
2017	$8,221 +4.2%	$417,300
2016	$7,887 +7.4%	$417,300
2015	$7,344	$417,300
2014	$7,344 +2.9%	$417,300
2013	$7,136 +8.9%	$417,300
2012	$6,552 +5.1%	$417,300 +2.5%
2011	$6,232	$407,300