Residential Income

Madison, ME Residential Income Properties for Sale

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Norridgewock, ME Starks, ME Anson, ME Skowhegan, ME Embden, ME Cornville, ME Smithfield, ME Solon, ME
6 properties
Historic Mixed-Use Main Street Buildings
Updated: Jul 24
Historic Mixed-Use Main Street Buildings

96 & 98 Main Street, Madison, ME 04950

$635,000
5,871 sqft 0.31 AC lot
Two historic downtown buildings built in 1892: 96 Main St (approx. 2,080 SF) and 98 Main St (approx. 3,791 SF).
98 Main St brick chapel features soaring vaulted ceilings, original woodwork, restored stained‑glass windows, and a working bell tower.
98 Main St main sanctuary previously used as an event and gathering space and accommodates approx. 160 people.
96 Main St former parsonage with five bedrooms plus a third‑floor bonus room, 2 full bathrooms, updated kitchen, red oak flooring, and pocket doors.
Property totals nearly 5,900 SF on approx. 0.31 acres with rear parking and Main Street visibility; includes sprinkler system and accessible entrance ramp.
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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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Two-Unit Colonial Duplex
Two-Unit Colonial Duplex

43 Park Street, Madison, ME 04950

$249,000
2,304 sqft 0.26 AC lot

Each unit includes two bedrooms, one bathroom, storage, and walk-in closets.

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Two-Unit Duplex with Detached Garage
Two-Unit Duplex with Detached Garage

8 Preble Ave, Madison, ME 04950

$149,900
1,632 sqft

Rented duplex with a one-bedroom lower unit, two-bedroom upper unit, and additional storage improvements.

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Colonial Residential Income Property
Colonial Residential Income Property

75 Madison Avenue, Madison, ME 04950

$209,000
2,564 sqft

Colonial property with baseboard heat, on-site parking, and a partial unfinished basement.

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Residential Income Property
Residential Income Property

8 Thomas Street, Madison, ME 04950

$380,000
2,012 sqft

Residential income asset with off-street gravel parking and practical interior features.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 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 Disc Golf
Triplex with Workshop and Disc Golf

277 Wooster Hill Road, Rome, ME 04963

$649,000
5,757 sqft 6.00 AC lot

Triplex property on 6 acres with a large workshop, RV hookup, and an attached in-law apartment.

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Two-Unit Mobile Home Property
Two-Unit Mobile Home Property

15,19 Adams Street, Skowhegan, ME 04976

$119,999
1,440 sqft 0.34 AC lot

Two rented mobile homes share public water and sewer on a residentially zoned lot.

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Multifamily Property With Two Homes
Multifamily Property With Two Homes

1519 15,19 Adams St, Skowhegan, ME 04976

$119,999
1,440 sqft

In-town residences connected to town water and sewer, with both homes currently rented.

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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 6 residential income properties for sale in Madison, ME, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 15,383 square feet of properties for sale, with an estimated market value of $3,657,900.

Sale prices for residential income properties in Madison, ME start at $149,900, averaging $609,650, 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 3
Duplexes 2
Mobile home & RV parks 1
Single family properties 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 $940K

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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