Multi-Family for Sale: 45 Madison Avenue, Madison, ME 04950

2 full baths
$285,000
$285,000
45 Madison Avenue, Madison, ME 04950
2 full baths
$285,000
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Price:
$285,000
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Colonial, Multi-Level
Baths 2 full baths
Square Feet 2,304 sqft
Lot Size 0.13 acres
Year Built 1925
Taxes Paid $2,772
City Madison
County Somerset
MLS 1614162
Status Active
DOM 1 days
12913 - Prime investment opportunity downtown Madison. This beautifully remodeled 2-unit apartment (2023-2024) is perfect for homeowners or savvy investors! Each unit offers 2-bedrooms 1 bath. The home could be converted to a 4-bedroom residential home if desired. This unit sits on a desirable corner lot with two separate driveways. Recent upgrades include new high efficiency hot water heaters and a new oil-fired burner for worry-free living. Live in one unit and rent the other to offset your mortgage. Build equity and generate rental income. Madison Electric for affordable power. Call for your showing today.

Room Features

Basement Description Full, Unfinished, Interior Entry

Lot & Building Features

Cooling None
Tax Year 2024
Taxes Paid $2,772

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 4

Price History of 45 Madison Avenue, Madison, ME

Date Name Price Difference
02/10/2025 Listing Price $285,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$245,000
$106 / sqft
Average
$245,000
$106 / sqft
High
$245,000
$106 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Madison 04950 0 2.0 $285,000 2,304 $124 N/A
45 Madison Avenue Madison 04950 0 2.0 $245,000 2,304 $106 06/06/2024

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Map of 45 Madison Avenue, Madison, ME

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Inquire about this property

Photo of AJ Waitt
Direct: 603-437-4447
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Allied Realty, Sylvia Turner 207-474-9553
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0.97277894736842%
6.75%
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45 Madison Avenue (MLS #1614162) is a colonial, multi-level multi-family listing located in Madison, ME. This multi-family listing is 2,304 sqft and on a lot of 5,663 sqft (or 0.13 acres) and is 100 years old. This property was listed on 02/10/2025 and has been priced for sale at $285,000.

The multi-family listing at 45 Madison Avenue in Madison is nearby and sold for $245,000 on 06/06/2024.

Nearby zip codes are 04911, 04938, 04957 and 04958. This property neighbors other cities such as Anson, Embden, Industry, Norridgewock and Starks.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Allied Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2025 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.