$350,000
UNDER CONTRACT

107 13th Ave Madawaska, ME 04756

Estimated payment $2,262/month

-- Bed
10 Baths
7,524 Sq Ft
$47 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Porch
  • Baseboard Heating
  • No HOA
  • Tile Flooring
  • 1 Car Garage

About This Home

Investment opportunity that doesn't come along every day. Ten units with great rental history.

Listing Agent

Frederick Dobbs

Dobbs Realty Listed on: 01/28/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,283

Year Built

  • Built in 1940

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 10 Full Bathrooms
  • 7,524 Sq Ft Home
  • 2-Story Property
  • Exterior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Porch
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number MADA-000006-000000-000034

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Operating Expense $74,260
  • Gross Income $90,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,283

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • MLS Status: Active Under Contract
  • Above Grade Finished Sq Ft: 7524.0
  • Architectural Style: Colonial, Other
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Year Built: 1940
  • Contract Information:List PriceSqFt: 46.52
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Exterior Entry
  • Full Bathrooms: 10
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: MADA-000006-000000-000034
  • Zoning: HDR

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 90384.0
  • Annual Operating Expense: 74260.0

Tax Info

  • Tax Annual Amount: 5283.0
  • Tax Lot: 34

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $4,186 $184,000 $9,900 $174,100
2021 $4,048 $184,000 $9,900 $174,100
2020 $4,204 $184,000 $9,900 $174,100
2019 $4,269 $184,000 $9,900 $174,100
2018 $3,717 $184,000 $9,900 $174,100
2017 $3,625 $184,000 $9,900 $174,100
2016 $3,441 $184,000 $9,900 $174,100
2015 $3,422 $184,000 $9,900 $174,100
2014 $3,202 $184,000 $9,900 $174,100
2013 $3,294 $184,000 $9,900 $174,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2026 01/28/26 For Sale $350,000 0.0% $47 / Sq Ft
09/04/2024 09/04/24 For Rent $950 0.0% --
12/30/2021 12/30/21 Sold $227,500 -21.3% $30 / Sq Ft View Prior Sale
09/07/2021 09/07/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $289,000 +86.5% $38 / Sq Ft
12/31/2015 12/31/15 Sold $155,000 -20.1% $21 / Sq Ft View Prior Sale
11/19/2015 11/19/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $194,000 -- $26 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $182,000 Purchase Money Mortgage
Previous Owner $152,000 New Conventional
Source: Public Records

Source: Maine Listings

MLS Number: 1650442

Maine Listings

APN: MADA-000006-000000-000034