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  • $285,000

    45 Madison Avenue, Madison, ME 04950

    4beds
    2,304sqft
    : 
    Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $124/sqft
    $-- HOA

    What's special

    New oil-fired burnerCorner lotDesirable corner lotTwo separate driveways
    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.
    180 days
    on Zillow
    |
    105
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 23, 2025 at 12:33pm

    Listed by:

    Allied Realty

    Source: Maine Listings,MLS#: 1614162MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 45 Madison Avenue.

    Next available tour time:Today at 12:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water, Baseboard
    Cooling
    • None
    Appliances
    • Laundry: Washer Hookup
    Features
    • 1st Floor Bedroom, Attic
    • Flooring: Wood, Tile
    • Basement: Interior,Full,Unfinished
    Interior area
    • Total structure area: 2,304
    • Total interior livable area: 2,304 sqft
    • Finished area above ground: 2,304
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: 1 - 4 Spaces, Paved, Off Street
    Features
    • Levels: Multi/Split
    • Patio & porch: Porch
    Lot
    • Size: 5,662.8 Square Feet
    • Features: Open Lot, Corner Lot, Level, Interior Lot, City Lot, Near Shopping
    Details
    • Parcel number: MADNM019L135
    • Zoning: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other,Colonial
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • Year built: 1925

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & HOA

    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $124/sqft
    • Tax assessed value: $122,800
    • Annual tax amount: $2,772
    • Date on market: 6/23/2025
    • Road surface type: Paved
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