Duplex with Fireplace and
For Sale
$339,999
154 Madison Street, Auburn, ME 04210
MULTI_FAMILY - Auburn, ME
Property Size1,913 SF
Lot Size0.31 Acres
Price / SF$177.73
Days on Market19
Property Features for 154 Madison Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
UR
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Basement
Pets allowed
No
Interior features
1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower
Basement
Full, Walk-Out Access
Lot features
Open, Sidewalks, Neighborhood
Standard status
Active
Size
1,913 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3284
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard, Oil
Water source
Public
Building Details
Year built
1900
Number of units
2
Flooring type
Wood, Carpet, Vinyl
Building materials
Wood Frame, Vinyl Siding, Wood Siding
Roof type
Shingle
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Mike Sahabo
(207) 632-3637
Added: Jul 13
Changed: Jul 28
Last Checked: Jul 31 at 4:06AM
MLS# 1659767
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.
Investment Insights
Based on property information with market context.
This duplex includes a cozy living room with a fireplace and modern conveniences such as laundry hook-ups. Exterior updates feature low-maintenance vinyl siding and windows. The property also offers outdoor living space with a deck, along with a spacious 2-car garage.
Located at 154 Madison Street in Auburn, Maine (Androscoggin County), the property sits on a 0.31-acre lot and is listed under zoning UR.
With a total size of 1,913 square feet, the layout is suited to comfortable everyday living and practical in-home needs, including the designated laundry setup and attached garage parking.
Located at 154 Madison Street in Auburn, Maine (Androscoggin County), the property sits on a 0.31-acre lot and is listed under zoning UR.
With a total size of 1,913 square feet, the layout is suited to comfortable everyday living and practical in-home needs, including the designated laundry setup and attached garage parking.
Key Highlights
- Cozy living room with a fireplace
- 2‑car garage plus deck for outdoor living
- 1st floor primary bedroom with bath and a 1st floor bedroom
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.3k | $14.28 |
| − Vacancy | −$363 | −$0.19 |
| EGI | $27.0k | $14.09 |
| − OpEx | −$8.1k | −$4.23 |
| NOI | $18.9k | $9.86 |
1,913 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$269.5K
$235.9K – $314.5K
NOI $18,868 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$256.1K
$224.1K – $298.8K
NOI $17,927 @ 7.0% cap · market cap 5.27%
Theoretical Best
Warehouse
$3.40M
$2.97M – $3.96M
NOI $237,834 @ 7.0% cap · market cap 69.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
Business Placement
Demographics for 04210, ME
24,061
Population
11,113
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
59.3 sq mi
ZIP Area
406
Density / Sq Mi
$66,552
Median Household Income
$42,624
Median Earnings
$983
Median Rent
$254,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex featuring a fireplace living room, laundry hook-ups, a 2-car garage, and a deck for outdoor relaxation.
Where is this duplex located?
The property is located at 154 Madison Street Auburn, ME.
What is the asking price?
The asking price for this property is $339,999.
What are key features of this property?
This property features: Cozy living room with a fireplace; 2‑car garage plus deck for outdoor living; 1st floor primary bedroom with bath and a 1st floor bedroom
