Colonial Apartment Building with Heated
For Sale
$1,900,000
164 Madison Avenue, Skowhegan, ME 04976
MULTI_FAMILY - Colonial - Skowhegan, ME
Property Size17,870 SF
Lot Size1.46 Acres
Price / SF$106.32
Days on Market84
Property Features for 164 Madison Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bathrooms
21
Full bathrooms
21
Rooms
Bathroom 20, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 10, Bathroom 7, Bathroom 19, Bathroom 11, Bathroom 16, Bathroom 5, Bathroom 21, Bathroom 3, Bathroom 8, Bathroom 9, Bathroom 15, Bathroom 14, Bathroom 18, Bathroom 12, Bathroom 17, Basement, Bathroom 6, Bathroom 13
Parking features
Heated
Security features
Security System
Patio and Porch features
Deck, Porch
Pets allowed
No
Interior features
Storage
Basement
Full, Finished
Accessibility
Accessible Elevator Installed
Lot features
Well Landscaped, Open, Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Town
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), Oil, Baseboard, Radiant, Hot Water(Heating), Heat Pump (Heating)
Cooling system
Heat Pump, Central Air
Water source
Public
Water front features
Lake
Water front
1
Building Details
Year built
1880
Floors in Building
3
Number of units
15
Flooring type
Carpet, Laminate, Hardwood, Vinyl
Building materials
Wood Frame, Brick, Vinyl Siding
Roof type
Metal
Architectural style
Colonial
Additional Structures
Storage
Listing Agency:
Allied Realty
(207) 474-9553
Listed By:
Aaron Bolster
(207) 474-9553
Added: May 21
Changed: Aug 1
Last Checked: Aug 12 at 7:06PM
MLS# 1658643
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.
164 Madison Avenue and 9 Walton Court offer a colonial-style, two-building apartment property totaling 15 units on 1.46 acres in Skowhegan, ME. One building includes two units: a large 4-bedroom unit plus a spacious one-bedroom apartment, with a 4-bay heated garage. The total living space for this structure is 4,417 sqft. The second building is a 13-unit structure with 12,553 sqft and multiple renovations over the seller’s tenure.
The buildings are constructed with wood frame, brick, and vinyl siding, and feature metal roofing. Interior features include storage, with carpet, laminate, hardwood, and vinyl flooring. Heating options listed include oil baseboard, radiant, hot water, and heat pump systems, along with central air and heat pump cooling. Parking features include heated parking. Outdoor amenities include a deck and a porch.
Accessibility is supported by an accessible elevator installed. Water and sewer services are public, and the property includes a lake feature. Year built is 1880.
The buildings are constructed with wood frame, brick, and vinyl siding, and feature metal roofing. Interior features include storage, with carpet, laminate, hardwood, and vinyl flooring. Heating options listed include oil baseboard, radiant, hot water, and heat pump systems, along with central air and heat pump cooling. Parking features include heated parking. Outdoor amenities include a deck and a porch.
Accessibility is supported by an accessible elevator installed. Water and sewer services are public, and the property includes a lake feature. Year built is 1880.
Key Highlights
- Two‑building apartment property totaling 15 units on 1.46 acres
- First building: 2 units with total living space of 4,417 sqft
- Second building: 13 units with total living space of 12,553 sqft
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Explore this area
Business Placement
Demographics for 04976, ME
9,937
Population
4,967
Households
2
Avg Household Size
45
Median Age
24%
College-Educated
94%
High-School Grad
99.6 sq mi
ZIP Area
100
Density / Sq Mi
$55,245
Median Household Income
$34,897
Median Earnings
$869
Median Rent
$159,300
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?
Apartment building - Colonial, two-building apartment property totaling 15 units with heated parking, a 4-bay heated garage, and public utilities.
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 $1,900,000.
What are key features of this property?
This property features: Two‑building apartment property totaling 15 units on 1.46 acres; First building: 2 units with total living space of 4,417 sqft; Second building: 13 units with total living space of 12,553 sqft
