$350,000
SOLD MAR 4, 2026

107 13th Ave Madawaska, ME 04756

-- Bed
10 Baths
7,524 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

2 Days on Market

Highlights

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

About This Home

As of March 2026

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

Last Agent to Sell the Property

Frederick Dobbs

Dobbs Realty Listed on: 01/28/2026

Last Buyer's Agent

Mindy Braley

NextHome Discover

NextHome Discover

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

8,276 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • MLS Status: Closed
  • 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: None
  • 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
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Dec 22, 2021
Sold by
North Border Prop Llc
Bought by
Hekla Ventures Me Llc
Seller's Agent
Steven Johnson
Northern Star Real Estate Services LLC
Buyer's Agent
Jay Peavey
Realty of Maine
List Price
$289,000
Sold Price
$227,500
Premium/Discount to List
-$61,500
-21.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$182,000
Outstanding Balance
$165,692
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$138,605

Purchase Details

Listed on
Jul 27, 2015
Closed on
Dec 31, 2015
Sold by
Lachance Joseph W and Lachance Diane
Bought by
Bouchard Gary and Bouchard Loriann
Seller's Agent
Diane Nadeau-Saucier
RE/MAX Central
Buyer's Agent
Diane Nadeau-Saucier
RE/MAX County
List Price
$194,000
Sold Price
$155,000
Premium/Discount to List
-$39,000
-20.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$152,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2026 03/04/26 Sold $350,000 0.0% $47 / Sq Ft
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

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

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1650442

Maine Listings

APN: MADA-000006-000000-000034

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