Apartment Buildings with 15
For Sale
$1,900,000
164 Madison Avenue, Skowhegan, ME 04976
COMMERCIAL - 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
Commercial Sale
Property subtype
Other
Zoning
Residential
Rooms
Basement
Interior features
Storage
Basement
Full, Finished
Accessibility
Accessible Elevator Installed
Lot features
Near Shopping
Standard status
Active
Size
17,870 SF
Lot size
1.46 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
19488
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Hot Water(Heating), Radiant, Other (Heating), Oil, Baseboard
Cooling system
Heat Pump, Central Air
Water source
Public
Water front features
Lake
Water front
1
Building Details
Year built
1880
Flooring type
Vinyl, Carpet, Hardwood, Laminate
Building materials
Wood Frame, Brick, Vinyl Siding
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Allied Realty
(207) 474-9553
Listed By:
Aaron Bolster
(207) 474-9553
Added: May 21
Changed: Aug 4
Last Checked: Aug 12 at 10:06AM
MLS# 1658792
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 two-building apartment portfolio totals 15 units and offers flexible living and income options. One building is comprised of two units, including a large 4-bedroom unit and a spacious 1-bedroom apartment, with total living space of 4,417 sqft. The same structure includes a 4-bay heated garage. The second building is a 13-unit structure with 12,553 sqft, along with many renovations over the long tenure of the seller.
The property sits on 1.46 acres and includes waterfront access to a lake. Construction materials include wood frame, brick, and vinyl siding, and the roof is metal. Interior features include storage, with flooring types such as carpet, laminate, hardwood, and vinyl.
Heating systems include oil with baseboard, radiant, hot water, and heat pump options, and cooling includes central air and heat pump. Year built is 1880, with public water and public sewer, and an accessible elevator installed.
The property sits on 1.46 acres and includes waterfront access to a lake. Construction materials include wood frame, brick, and vinyl siding, and the roof is metal. Interior features include storage, with flooring types such as carpet, laminate, hardwood, and vinyl.
Heating systems include oil with baseboard, radiant, hot water, and heat pump options, and cooling includes central air and heat pump. Year built is 1880, with public water and public sewer, and an accessible elevator installed.
Key Highlights
- Two buildings totaling 15 apartment units
- 13‑unit building with 12,553 sqft and a history of renovations
- Two‑unit building with a large 4‑bedroom unit and spacious 1‑bedroom unit
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 - Two-building multifamily with 15 total units on a lake, with an accessible elevator installed and public water and sewer.
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 buildings totaling 15 apartment units; 13‑unit building with 12,553 sqft and a history of renovations; Two‑unit building with a large 4‑bedroom unit and spacious 1‑bedroom unit
