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Three-Unit Multifamily Property
For Sale
$135,000

432-434 East Main Street, Madawaska, ME 04756

Commercial/Res-zoned property with three existing units and additional rear space requiring work.

Property Size1,224 SF
Price / SF$110.29
Days on Market227

Property Features for 432-434 East Main Street

General Information

Standard status Active
Size 1,224 SF
Property subtype Multi-Family
Zoning Commercial/Res

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,932

Amenities

Hot Water, Baseboard
Interior, Dirt Floor, Crawl Space, Full
Vinyl, Laminate, Carpet
No
Yes
3
3.0
Shingle
Paved
Clapboard, Vinyl Siding

Building Details

Year Built 1920
Listing Agency: Dobbs Realty
Listed By: Frederick Dobbs
Source: Compass
Added: Jan 17 Changed: Aug 31 Last Checked: Aug 31 at 12:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dobbs Realty

Investment Insights

Based on property information with market context.

This 1,224-square-foot multifamily property contains three existing units and dates to 1920. The building features vinyl siding, clapboard and wood-frame construction, with a shingle exterior. Interior finishes include vinyl, laminate and carpet, while heating is provided by hot water and baseboard systems.

The property includes interior crawl-space access with a dirt floor and full crawl-space configuration. Two units at the rear, identified as #434, may support the addition of two more units after required work is completed. The property is located at 432-434 East Main Street in Madawaska, Maine, and carries Commercial/Res zoning.

Key Highlights

  • Three existing units in a multifamily property
  • 1,224 square feet of property size
  • Commercial/Res zoning

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.

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

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 - Commercial/Res-zoned property with three existing units and additional rear space requiring work.
Where is this triplex located?
The property is located at 432-434 East 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 existing units in a multifamily property; 1,224 square feet of property size; Commercial/Res zoning
More about this property
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