Residential Income

Madison, ME Residential Income Properties for Sale

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Starks, ME Anson, ME Norridgewock, ME Industry, ME Skowhegan, ME Embden, ME Smithfield, ME Solon, ME
Licensed RV and Mobile Home Park
Updated: Jun 8
Licensed RV and Mobile Home Park

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 acres with private & paved road access
Private well water source and private septic system
Private sewer (private sewer)
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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 apartment building with both units currently rented
Unit mix: first‑floor 1‑bedroom and upper‑level 2‑bedroom (long‑term tenant in the 2‑bedroom unit)
Two‑car detached garage plus an additional storage shed
Public water and public sewer
Metal roof; forced‑air heating with oil and propane (heating)
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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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Skowhegan Multifamily Investment Opportunity
Skowhegan Multifamily Investment Opportunity

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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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.

Residential Land in Country Setting
Residential Land in Country Setting

M4 L16-8 Fox Hollow Lane, Skowhegan, ME 04976

$55,000
1.01 AC lot

Residential land for sale in Skowhegan, close to amenities.

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Residential Land in Country Setting
Residential Land in Country Setting

M4 L16-6 Coburn Avenue, Skowhegan, ME 04976

$40,000
0.89 AC lot

Residential land for sale in Skowhegan, close to amenities.

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Residential Land in Skowhegan, Maine
Residential Land in Skowhegan, Maine

M4 L16-7 Coburn Avenue, Skowhegan, ME 04976

$40,000
0.79 AC lot

Residential land for sale in a sought-after country setting.

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Vacant Lot in Skowhegan, Maine
Vacant Lot in Skowhegan, Maine

55 Beech Street, Skowhegan, ME 04976

$65,000
0.14 AC lot

In-town lot with utilities near Skowhegan Fairgrounds.

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Madison, ME Residential Income Properties Market Trends and Statistics

Explore 2 residential income 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 residential income 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

Multifamily properties 2
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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