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164 Madison Avenue Skowhegan, ME 04976

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For Sale
$2,150,000

MULTI_FAMILY - Colonial - Skowhegan, ME

Property size:
17,870 SF
Lot size:
1.46 Acres
Price / SF:
$120/SF
Added:
Apr 21, 2026
Days on Market:
1
Last Refresh:
Apr 21 at 7:06 pm

Property Features for 164 Madison Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bathrooms
27
Rooms
Bathroom 14, Bathroom 23, Bathroom 10, Bathroom 6, Bathroom 20, Bathroom 27, Bathroom 5, Bathroom 7, Bathroom 3, Bathroom 13, Bathroom 26, Basement, Bathroom 15, Bathroom 19, Bathroom 21, Bathroom 17, Bathroom 1, Bathroom 8, Bathroom 11, Bathroom 4, Bathroom 18, Bathroom 25, Bathroom 12, Bathroom 22, Bathroom 9, Bathroom 2, Bathroom 16, Bathroom 24
Parking features
Heated
Security features
Security System
Patio and Porch features
Deck
Pets allowed
No
Interior features
Storage
Basement
Full, Finished
Accessibility
Accessible Elevator Installed
Standard status
Active
Size
17,870 SF
Lot size
1.46 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
17778

Utilities

Sewer type
Public Sewer
Heating system
Other (Heating), Heat Pump (Heating), Hot Water(Heating), Baseboard, Radiant
Cooling system
Heat Pump, Central Air
Water source
Public

Building Details

Year built
1880
Floors in Building
3
Number of units
15
Flooring type
Laminate, Vinyl, Carpet
Building materials
Vinyl Siding, Brick, Wood Frame
Roof type
Metal
Architectural style
Colonial
Additional Structures
Storage

We can help!

Listing Contact
Aaron Bolster

Listing agent Aaron Bolster

Listing office Allied Realty 187 Madison Avenue, Suite 1, Skowhegan, ME

Listing date Apr 21, 2026

MLS# 1658643 Listing URL

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multifamily Investment Opportunity in Skowhegan

This offering presents an opportunity to expand your real estate portfolio with the acquisition of 164 Madison Avenue and 9 Walton Court, totaling 15 units. The properties are situated on well-landscaped grounds. One building features two units: a large 4-bedroom apartment with a 4-bay heated garage, and a spacious 1-bedroom apartment. The total living space for this structure is 4,417 square feet. This building could serve as an owner-occupied residence with an attached in-law suite, or both units could be utilized for rental income. The second building is a 13-unit structure encompassing 12,553 square feet, with renovations completed by the seller over time. The combined properties are zoned residential and located in Skowhegan, Maine, within Somerset County. The lot size is 1.46 acres. The total property size is 17,870 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Graf Plumbing & Heating Plumbing Service Walton Court Apartment Complex

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Skowhegan
County
Somerset
State
Maine
Longitude
-69.723558
Latitude
44.772516

FAQs

What type of property is this?
Apartment building - Two buildings totaling 15 units for sale in Skowhegan.
Where is this apartment building located?
The property is located at 164 Madison Avenue Skowhegan, ME.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Portfolio opportunity: 15 total units for sale across two buildings.; Income potential: Includes a 13‑unit building and a 2‑unit building with rent roll.; Owner‑occupied potential: The 2‑unit building offers a large 4‑bedroom unit with a 4‑bay heated garage and a 1‑bedroom apartment, suitable for owner occupancy with an in‑law suite.
More about this property
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