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Two-Unit Duplex with Porches
New
For Sale
$225,000

43 Park Street, Madison, ME 04950

Multi-Family, Madison, ME

Property Size2,304 SF
Lot Size0.26 Acres
Price / SF$97.66
Days on Market2

Property Features for 43 Park Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bathroom 2
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 Forced Air, Oil
Water source Public

Building Details

Year built 1940
Floors in Building 2
Number of units 2
Flooring type Hardwood, Laminate, Linoleum
Building materials Wood Frame, Vinyl Siding
Roof type Metal
Architectural style Colonial
Additional Structures Storage
Listing Agency: Allied Realty
Listed By: Jessica Parker
Added: Oct 16 Last Checked: Oct 17 at 5:06AM
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.

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Investment Insights

Based on property information with market context.

This 2,304-square-foot duplex contains two residences, each arranged with two bedrooms and one bathroom. Built in 1940, the Colonial-style building has wood-frame construction, vinyl siding, and a metal roof. Interior features include walk-in closets, storage, and a bathtub; flooring includes hardwood, laminate, and linoleum. The property also has porches and off-street parking.

Set on a 0.26-acre lot at 43 Park Street in Madison, the building is described as within walking distance of amenities. Public water and public sewer serve the property. Heating is forced air with oil.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • 2,304 square feet on a 0.26‑acre lot
  • Built in 1940; Colonial architectural style

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms, a full bath, walk-in closets, and access to off-street parking.
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 $225,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 2,304 square feet on a 0.26‑acre lot; Built in 1940; Colonial architectural style
More about this property
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