Multifamily

Madison, ME Multifamily Properties for Sale

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Norridgewock, ME Starks, ME Anson, ME Industry, ME Skowhegan, ME Embden, ME Mercer, ME Smithfield, ME
Licensed Mobile Home Park with 54 Lots
Updated: Jun 11
Licensed Mobile Home Park with 54 Lots

Hidden Acres Drive, Madison, ME 04950

$2,035,000
1,000 sqft 28.10 AC lot
Licensed for 54 lots with 35 homes currently on site
28.10‑acre property with private, paved road access
Public water and public sewer (public sewer)
Expansion opportunity based on the 54‑lot licensing and existing 35 homes
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Well-Maintained Two-Unit Apartment Building
Updated: Jun 15
Well-Maintained Two-Unit Apartment Building

8 Preble Avenue, Madison, ME 04950

$149,900
1,632 sqft 0.22 AC lot
Well‑maintained 2‑unit split‑level apartment building with both units currently rented
Unit mix: 1‑bedroom first‑floor unit and 2‑bedroom upper‑level unit
Long‑term tenant in the 2‑bedroom upper‑level unit
Public water and public sewer connected
Metal roof; wood frame with vinyl siding
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Madison, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Triplex with Workshop and RV Hookups
Triplex with Workshop and RV Hookups

277 Wooster Hill Road, Rome, ME 04963

$649,000
5,757 sqft 6.00 AC lot

Triplex-style property with three housing units, an attached in-law apartment, a large workshop, and RV hookups.

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Multifamily Investment Opportunity in Skowhegan
Multifamily Investment Opportunity in Skowhegan

164 Madison Avenue, Skowhegan, ME 04976

$1,900,000
17,870 sqft 1.46 AC lot

Two buildings totaling 15 units for sale in Skowhegan.

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Two-Building Residential Income Property
Two-Building Residential Income Property

164 Madison Avenue, Skowhegan, ME 04976

$1,900,000
17,870 sqft

Residential income offering 15 total units across two buildings, including a two-unit structure and a 13-unit renovated building.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

277 Wooster Hill Rd, Rome, ME 04963

$649,000

Three separate housing units with an attached in-law apartment, plus a large workshop, RV hookup, and whole-house generator.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Augusta Buildable Lot For Sale
Augusta Buildable Lot For Sale

214 Mount Vernon Avenue, Augusta, ME 04330

$49,900
0.36 AC lot

0.36 acre lot with public utilities, mobile homes allowed.

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Augusta Land For Sale
Augusta Land For Sale

Map 15 Lot 6C Spring Road, Augusta, ME 04330

$99,000
14.63 AC lot

14.63 acre lot in Augusta's Rural Village Zoning.

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Commercial Land Parcel with Route Frontage
Commercial Land Parcel with Route Frontage

2680 Route 3, Palermo, ME 04354

$69,000
6.20 AC lot

6.2-acre commercial parcel on Route 3 with shared driveway, suited for homes, lots, or business development.

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Partially Cleared Lot in Lagrange
Partially Cleared Lot in Lagrange

Country Lane, Lagrange, ME 04453

Contact for pricing
1.73 AC lot

1.73 acre lot suitable for mobile homes, near trails.

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Madison, ME Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Madison, ME on our real estate platform. These investment opportunities span a total of 2,632 square feet of properties for sale, with an estimated market value of $2,184,900.

Sale prices for multifamily properties in Madison, ME start at $149,900, averaging $1,092,450, and reaching up to $2,035,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Mobile home & RV parks 1

Demographics Overview

Population 4,761
Population Growth (5Y) +1.7%
Median Household Income $48,750
College Educated 19.1%

High-Yield Neighborhoods for Investment

Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04950 $1.1M

Taxes & Financing

Tax Rate (average for all types) 1.67%
Property Tax per SF $45.81 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Somerset County

New Delisted

Total CRE Inventory on Market (SF)

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