152 Main Street

Closed 10/21/25
Closed 10/21/25
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Sold
Last Sold Price
$173,000
2,112 sqft$82/sqft
152 Main St, Madison, ME 04950
Multi FamilyProperty Type
9,147 sq ftLot Size
1940Year Built
$82/sq ftPrice per sq ft

Description

13007 - PRIME Investment Opportunity in Madison! Here's your chance to scoop up a 3-unit multi-family property sitting right on Main Street—where tenants (or you!) can walk to shops, restaurants, schools, and the park. Talk about LOCATION, LOCATION, LOCATION! This gem sits on an oversized lot with a shared driveway and comes with long-term tenants in all 3 units and a solid rental history. inside you'll find a spacious 2 bed / 1 bath unit, and two 1 bed / 1 bath unit. With all units currently rented...13007 - PRIME Investment Opportunity in Madison! Here's your chance to scoop up a 3-unit multi-family property sitting right on Main Street—where tenants (or you!) can walk to shops, restaurants, schools, and the park. Talk about LOCATION, LOCATION, LOCATION! This gem sits on an oversized lot with a shared driveway and comes with long-term tenants in all 3 units and a solid rental history. inside you'll find a spacious 2 bed / 1 bath unit, and two 1 bed / 1 bath unit. With all units currently rented and a historically low vacancy rate, you've got steady income right out of the gate! Want to live here yourself? No problem! With no long-term leases in place, you've got the flexibility to move in and make it your own. The property already has strong bones—half the roof was replaced after the 2023 ''Grinch Storm,'' and while the other half may need updating soon, the potential here is HUGE. A little paint and TLC will go a long way in boosting value. Opportunities like this don't pop up every day. Whether you're looking to expand your portfolio or get started in real estate investing, this property checks all the boxes. Don't wait—this Madison multi-unit won't last long!
  • Listed by: Chelsea VanGorden 207.313.0933 cvangorden@alliedrealty.net • Allied Realty
Listing closed: 10/21/2025 12:00 AM • Source: Maine Listings, MLS#: 1636284
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Location

Listing Courtesy of Allied Realty

Sold By Keller Williams Realty

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$1,009 per month

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Principal and Interest

$894

Property Taxes

$115

HOA Dues

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Property Information for 152 Main Street

Property Details
  • Taxes: $1,378 / year
  • MLS Type: Multi-Family
  • County: Somerset County
  • Architectural Style: Colonial
  • Style: Colonial
  • Has Waterfront: No
Building Information
  • Residences: 3
  • Year Built: 1940
  • Lot Size: 0.21 AC / 9,147 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping
  • Page: 193
  • Zoning Overlay: No
  • Directions: Use GPS.
  • Latitude: 44.798087
  • Longitude: -$69.88
Taxes and HOA
  • Association: No
  • Parcel Number: MADN-000020-000000-000045
  • Tax Lot: 45
  • Tax Book Number: 2155
  • Tax Map Number: 20
  • Tax Year: 2024
  • Tax Annual Amount: $1,378.00
Parking
  • Parking Features: 5 - 10 Spaces, Paved, Common
  • Parking: 5 - 10 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Open, Level, Sidewalks, Intown, Near Shopping
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 9147.6
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Tree Growth: false
  • Site: Level, Open, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 2112.0
  • Building Area Total: 2112.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Surveyed: No
  • Restrictions: No Restrictions
  • Construction: Wood Frame
  • Year Built: 1940
Building Features
  • Foundation Details: Concrete Perimeter
  • Foundation Materials: Poured Concrete
  • Construction Materials: Metal Clad, Wood Frame
Financial Information
  • List Price/SqFt: $92.33
Utilities
  • Heat Fuel: Oil
  • Electric: Fuses
  • Gas: Bottled
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Oil
Interior and Exterior Features
Exterior Features
  • Exterior: Metal Clad
  • Roof: Metal
  • Driveway: Common, Paved
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Basement: Interior, Full, Bulkhead, Unfinished
  • Basement: Full, Unfinished
  • Has Cooling: No
  • Heating: Hot Water, Baseboard
  • Has Heating: Yes
  • Flooring: Wood, Laminate, Carpet
Multi Family
Multi Family Information
  • # of 1 BD Units: 2
  • # of 2 BD Units: 1
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $31,800.00
  • Operating Expense: $15,427.46
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions

Property History for 152 Main Street

DateEvent & SourcePriceAppreciation
Oct 21, 2025

Sold (Public Record)

Public Record #1918121836

$173,000—
Oct 21, 2025

Sold

Maine Listings #1636284

$173,000—
Aug 30, 2025

Listed (Active)

Maine Listings #1636284

$215,000—
DateEvent & SourcePrice
10/21/2025

Sold (Public Record)

Public Record #1918121836

$173,000
10/21/2025

Sold

Maine Listings #1636284

$173,000
08/30/2025

Listed (Active)

Maine Listings #1636284

$215,000

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

Public Records for 152 Main Street

Taxable ValueLand$30,700Additions$86,400Total$117,100
Tax Record2025$1,675 ($140 / month)
Home Facts
Beds0Total Finished SqFt2,112 SqFtAbove Grade Finished SqFt2,112 SqFtLot Size9,148 SqFtStyleSingle Family ResidenceZoningRES INCountySOMERSETAPNMADN M:020 L:045

Schools near 152 Main Street

This home is within Regional School Unit 59 Msad 59.
Rating
School
Type
Grades
Distance
Main Street Middle School
Public - 3 to 6
Madison Junior High School
Public - 5 to 8
Madison Area Memorial High School
Public - 9 to 12
Madison Elementary School
Public - PK to 2
Rating
School
Distance
Main Street Middle School
Public3 to 6

Madison Junior High School
Public5 to 8

Madison Area Memorial High School
Public9 to 12

Madison Elementary School
PublicPK to 2

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Allied Realty

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.