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Triplex With Expansion Potential
For Sale
$135,000

432-434 E Main Street, Madawaska, ME 04756

MULTI_FAMILY - Contemporary - Madawaska, ME

Property Size1,224 SF
Lot Size0.11 Acres
Price / SF$110.29
Days on Market131

Property Features for 432-434 E Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial/Res
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bathroom 2
Parking features On Street
Basement Dirt Floor, Full, Crawl Space
Lot features Rolling/ Sloping, Open
Standard status Active
Size 1,224 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1932

Utilities

Sewer type Public Sewer
Heating system Oil, Baseboard, Hot Water(Heating)
Water source Public

Building Details

Year built 1920
Number of units 3
Flooring type Carpet, Laminate, Vinyl
Building materials Wood Frame, Clapboard, Vinyl Siding
Roof type Shingle
Architectural style Contemporary
Listing Agency: Dobbs Realty
Listed By: Frederick Dobbs
Added: Apr 4 Changed: Aug 2 Last Checked: Aug 12 at 7:06AM
MLS# 1650440

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 contemporary triplex includes three units and offers the possibility of two additional units with some work to the two units at the rear at #434. The property totals 1,224 square feet on a 0.11-acre lot and was built in 1920. Construction materials include wood frame with clapboard and vinyl siding, supported by a shingle roof.

Utilities include public water and public sewer. Heating is provided via oil baseboard hot water (heating), and interior finishes include carpet, laminate, and vinyl flooring. Parking is available on street.

Zoned Commercial/Res, the building configuration supports a tenant-ready three-unit setup today, with an opportunity to expand the overall unit count through targeted improvements to the rear units.

Key Highlights

  • Three‑unit triplex with possibility of two more units with some work to rear units at #434
  • 1,224 SF building on a 0.11‑acre lot
  • Built in 1920 with wood frame, clapboard, and vinyl siding

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

Demographics for 04756, ME

3,134
Population
1,854
Households
1.7
Avg Household Size
57
Median Age
22%
College-Educated
93%
High-School Grad
16.4 sq mi
ZIP Area
191
Density / Sq Mi
$43,750
Median Household Income
$47,083
Median Earnings
$580
Median Rent
$157,800
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?
Triplex - Three-unit triplex with water and public sewer, plus room to add two more units with work.
Where is this triplex located?
The property is located at 432-434 E Main Street Madawaska, ME.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Three‑unit triplex with possibility of two more units with some work to rear units at #434; 1,224 SF building on a 0.11‑acre lot; Built in 1920 with wood frame, clapboard, and vinyl siding
More about this property
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