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Two-Unit Colonial Duplex
New
For Sale
$249,000

43 Park Street, Madison, ME 04950

Multi-Family, Madison, ME

Property Size2,304 SF
Lot Size0.26 Acres
Price / SF$108.07
Days on Market3

Property Features for 43 Park Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bathroom 1
Parking features Off Street
Patio and Porch features Porch
Interior features Walk-in Closets, Bathtub, Storage
Basement Full
Lot features Open, Level, Near Town, Neighborhood
Standard status Active
Size 2,304 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1765

Utilities

Sewer type Public Sewer
Heating system Oil, Forced Air
Water source Public

Building Details

Year built 1940
Floors in Building 2
Number of units 2
Flooring type Laminate, Linoleum, Hardwood
Building materials Wood Frame, Vinyl Siding
Roof type Metal
Architectural style Colonial
Additional Structures Storage
Listing Agency: Allied Realty
Listed By: Jessica Parker
Added: Aug 28 Last Checked: Aug 30 at 9:06PM
MLS# 1678123

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-unit Colonial property contains 2,304 square feet and was built in 1940. Each residence offers two bedrooms and one bathroom, with walk-in closets, storage, a bathtub, and a mix of laminate, linoleum, and hardwood flooring. The building has a wood-frame structure, vinyl siding, a metal roof, oil-fired forced-air heat, and a basement.

Set on 0.26 acres at 43 Park Street in Madison, the property includes off-street parking and a porch. Public water and public sewer serve the building. Its location provides walking access to amenities, while the two-bedroom, one-bathroom layout is consistent across both units.

Key Highlights

  • Two‑unit duplex with 2,304 square feet
  • Both units feature 2 bedrooms and 1 bathroom
  • Built in 1940 with Colonial architecture

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Hair Salon HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

172
Businesses Nearby

Demographics for 04950, ME

4,726
Population
2,755
Households
1.7
Avg Household Size
46
Median Age
15%
College-Educated
95%
High-School Grad
51.9 sq mi
ZIP Area
91
Density / Sq Mi
$48,750
Median Household Income
$43,668
Median Earnings
$892
Median Rent
$154,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each unit includes two bedrooms, one bathroom, storage, and walk-in closets.
Where is this duplex located?
The property is located at 43 Park Street Madison, ME.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,304 square feet; Both units feature 2 bedrooms and 1 bathroom; Built in 1940 with Colonial architecture
More about this property
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