154 Madison St

Beds
1,913 Sq. Ft.
$178 / Sq. Ft.
1,913
Sq. Ft.
$178
per Sq. Ft.

Description

Attention investors! Incredible turnkey investment opportunity in the heart of Auburn! Welcome to 154 Madison Street, a massive, cash-flowing duplex generating an impressive $43,000+ in annual gross income. This high-yield property features a total of 6 spacious bedrooms and 2 full bathrooms split across two well-maintained units, making it an absolute magnet for tenants and an ideal addition to any portfolio. Beyond the stellar financials, the property boasts a spacious detached 2-car garage, low-maintenance...Attention investors! Incredible turnkey investment opportunity in the heart of Auburn! Welcome to 154 Madison Street, a massive, cash-flowing duplex generating an impressive $43,000+ in annual gross income. This high-yield property features a total of 6 spacious bedrooms and 2 full bathrooms split across two well-maintained units, making it an absolute magnet for tenants and an ideal addition to any portfolio. Beyond the stellar financials, the property boasts a spacious detached 2-car garage, low-maintenance vinyl siding, updated windows, and a great deck with scenic views for outdoor enjoyment. Situated on a nice 0.31-acre lot with public water and sewer, this property perfectly balances immediate profitability with long-term ease of management. Don't let this rare cash cow slip away--schedule your showing today!
  1. Listed by Mike Sahabo • Keller Williams Realty
    P: (207)-632-3637 C: (207)-632-3637 mike.sahabo@kw.com

Property Details for 154 Madison Street

Architectural Style
Other
Furnished
Partially
Style
Other
Has Waterfront
No
Zoning
UR
LISTING UPDATED: 07/02/2026 10:46 AM

Property Details for 154 Madison Street

StatusActive
MLS #1659767
Days on Market68
Taxes$3,284 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.31 AC / 13,503 SF
CountyAndroscoggin County

Location

Listing Courtesy of Keller Williams Realty
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Building Information for 154 Madison Street

Stories-Residences2Year Built1900Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$1,968 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,694

Property Taxes

$274

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 154 Madison Street

Summary
Location and General Information
  • Page: 271
  • Latitude: 44.08617
  • Longitude: -$70.24
  • Island: No
Taxes and HOA
  • Association: No
  • Tax Lot: 154
  • Tax Book Number: 11216
  • Tax Map Number: 220
  • Tax Year: 2024
  • Tax Annual Amount: $3,284.00
Parking
  • Parking: 1 - 4 Spaces, On Site
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
Property
Lot Information
  • Lot Features: Neighborhood, Open Lot, Sidewalks
  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 13503.6
  • Lot Size Units: Acres
  • Acreage Other Source: MLS
  • Other Source of Square Footage: Previous MLS listing
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Road Front Other Source: Apprasier
  • Road Frontage: 60.0
  • SqFt Source: Public Records
  • Site: Open, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 1913.0
  • Building Area Total: 1913.0
  • Restrictions: No Restrictions
  • Construction: Wood Frame
  • Structure Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1900
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Color: White
Financial Information
  • List Price/SqFt: $177.73
Utilities
  • Electric: On Site, Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding, Wood Siding
  • Roof: Pitched, Shingle
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Basement: Interior Entry, Walk-Out Access, Full
  • Basement: Walk-Out Access, Full
  • Has Cooling: No
  • Has Heating: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Features: 1st Floor Bedroom, Bathtub, Shower
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Unit Information
Unit 1
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: No
  • Actual Rent: $1,800.00
  • Beds Total: 3
  • Key: 584dc3b37c5cd820f981a6405882fcef
  • Rooms Total: 9
Unit 2
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: Yes
  • Heat: No
  • Range: No
  • Lease: Yes
  • Level: Second
  • Security Deposit: No
  • Actual Rent: $1,800.00
  • Beds Total: 3
  • Key: 75bedb8b3842c432182bef717a164622
  • Rooms Total: 7
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions
Tenant Information
  • Occupant Type: No

Property History for 154 Madison Street

DateEvent & SourcePriceAppreciation
Jun 29, 2026

Price Change

Maine Listings #1659767

$339,999
May 15, 2026

Price Change

Maine Listings #1659767

$349,999
Apr 29, 2026

Listed (Active)

Maine Listings #1659767

$360,000
DateEvent & SourcePrice
06/29/2026

Price Change

Maine Listings #1659767

$339,999
05/15/2026

Price Change

Maine Listings #1659767

$349,999
04/29/2026

Listed (Active)

Maine Listings #1659767

$360,000

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

Public Records for 154 Madison Street

Taxable ValueLand$35,200Additions$112,400Total$147,600
Tax Record2025$3,377 ($281 / month)
Home Facts
Baths2Total Finished SqFt1,914 SqFtAbove Grade Finished SqFt1,914 SqFtStories2Lot Size13,504 SqFtStyleDuplexYear Built1900CountyANDROSCOGGINAPNAUBN M:220 L:154Fireplace TypeHas Fireplace

Schools near 154 Madison Street

This home is within Auburn Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Fairview School
PublicPK to 6

Auburn Middle School
Public7 to 8

Edward Little High School
Public9 to 12

St. Peter and Sacred Heart School
PrivatePK to 8

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.

Similar Homes

154 Madison Street is a multi-family home for sale in Auburn, ME 04210. This property was listed for sale on April 29, 2026 by Keller Williams Realty, it's currently listed at $339,999. It has been on the market for a total of 68 days and was last sold on August 14, 2023. This listing's school district is Auburn Public Schools. Nearby schools include Fairview School, Auburn Middle School and Edward Little High School. 154 Madison Street is a 0-bed, 2-bath, 1,913 sqft multi-family home built in 1900.

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 Keller Williams 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.