Search
Split-Level Duplex with Detached Garage
For Sale
$149,900

8 Preble Avenue, Madison, ME 04950

MULTI_FAMILY - Split Level - Madison, ME

Property Size1,632 SF
Lot Size0.22 Acres
Price / SF$91.85
Days on Market59

Property Features for 8 Preble Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bathroom 1
Pets allowed No
Basement Full
Lot features Open, Level, Near Town
Standard status Active
Size 1,632 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2911

Utilities

Sewer type Public Sewer
Heating system Oil, Propane (Heating), Forced Air
Water source Public

Building Details

Floors in Building 2
Number of units 2
Flooring type Carpet, Wood, Laminate
Building materials Wood Frame, Vinyl Siding
Roof type Metal
Architectural style Split Level
Listing Agency: Allied Realty
Listed By: Abby Nichols
Added: Jun 15 Changed: Aug 1 Last Checked: Aug 12 at 6:06PM
MLS# 1648987

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 split-level duplex offers two rental units and a layout that includes a basement with two bathrooms. The first-floor unit has one bedroom, and the upper-level unit has two bedrooms. Both units are currently rented.

The property includes a two-car detached garage and an additional storage shed, along with a yard. Construction is wood frame with vinyl siding, and the home has a metal roof. Heating is provided via forced air systems using oil and propane.

Utilities connections include public water and public sewer. Flooring consists of carpet, wood, and laminate.

Key Highlights

  • Two‑unit duplex with split‑level layout
  • First‑floor 1‑bedroom unit and upper‑level 2‑bedroom unit
  • Both units currently rented

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Dental Office 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

186
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Split-level two-unit duplex with public water and sewer, fully rented, plus a two-car detached garage and storage shed.
Where is this duplex located?
The property is located at 8 Preble Avenue Madison, ME.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two‑unit duplex with split‑level layout; First‑floor 1‑bedroom unit and upper‑level 2‑bedroom unit; Both units currently rented
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message