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Triplex with Expansion Potential
For Sale
$135,000

432-434 E Main Street, Madawaska, ME 04756

Multi-Family, Madawaska, ME

Property Size1,224 SF
Lot Size0.11 Acres
Price / SF$110.29
Days on Market186

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 2, Bathroom 3, Bathroom 1
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 Laminate, Carpet, 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: Sep 13 Last Checked: Oct 6 at 5:06PM
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.

Located at 432-434 E Main Street, this 1,224-square-foot triplex was built in 1920 and has a three-unit configuration. The building uses wood-frame construction with clapboard and vinyl siding, while interior finishes include laminate, vinyl, and carpet flooring. Heating is provided by oil-fired hot-water baseboard systems, and the roof is shingled.

The 0.11-acre property is served by public water and public sewer, with on-street parking available. Commercial/Res zoning applies. The rear portion at 434 includes the possibility of creating two additional units, subject to the work identified for those areas.

Key Highlights

  • Three‑unit triplex with potential for two additional units in the rear at 434
  • 1,224 square feet on a 0.11‑acre lot
  • Commercial/Res zoning

Property Analytics

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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.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

209
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Wood-frame property with public water, public sewer, and on-street parking.
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 potential for two additional units in the rear at 434; 1,224 square feet on a 0.11‑acre lot; Commercial/Res zoning
More about this property
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