$79,900

111 4th Ave Madawaska, ME 04756

Estimated payment $522/month

Total Views 4,756
-- Bed
2 Baths
1,296 Sq Ft
$62 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Porch
  • Zoned Heating
  • No HOA
  • Cooling Available
  • Baseboard Heating

About This Home

Charming 2-Unit Multifamily in the Heart of Madawaska! This well-maintained 2-unit multifamily property is perfectly situated close to all that Madawaska has to offer—shopping, medical facilities, restaurants, and more! One unit has been extensively remodeled, featuring new flooring, updated interior doors, a fresh bathroom vanity, and a new toilet. The beautiful wood stairway adds character and warmth to the space. The second unit has a long-term tenant in place, providing immediate rental income, while the vacant unit is move-in ready or available to rent for added investment potential. Whether you're looking for an owner-occupied opportunity or a turnkey investment, this property offers flexibility and convenience. Don't miss out—schedule your showing today!

Listing Agent

Mindy Braley

NextHome Discover Listed on: 07/15/2025

NextHome Discover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 1931

Lot Details

  • 6,534 Sq Ft Lot
  • Open Lot
  • Sloped Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,296 Sq Ft Home
  • Multi-Level Property
  • Laminate Flooring
  • Views of Woods
  • Unfinished Basement
  • Crawl Space

Parking

  • Carport
  • Driveway
  • Paved Parking

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • Internet Available

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number MADA-000003-000000-000125

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,890
  • Gross Income $11,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,019

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: Head up 4th Ave and located on the right hand side.
  • Above Grade Finished Sq Ft: 1296.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1931
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1296.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 11440.0
  • Income Expenses Operating Expenses: 8890.0
  • Basement:Crawl Space: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Water Heater:Oil2: Yes
  • Vehicle Storage:Carport: Yes
  • Levels:Multi-Level3: Yes
  • Heat System:Zoned: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Internet Access Available
  • Has Basement: Crawl Space, Not Applicable, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate

Exterior Features

  • Lot Features: Rolling/Sloping, Open, Intown, Near Shopping, Near Town, Neighborhood
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Carport

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Zoned, Hot Water, Heat Pump, Baseboard
  • 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: 6534.0
  • Parcel #: MADA-000003-000000-000125
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 11440.0
  • Annual Operating Expense: 8890.0

Tax Info

  • Tax Annual Amount: 1019.0
  • Tax Book Number: 1647
  • Tax Lot: 125
  • Tax Map Number: 3
  • Tax Year: 2022

Map

Range of Values:

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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 $1,019 $44,800 $5,400 $39,400
2021 $986 $44,800 $5,400 $39,400
2020 $1,024 $44,800 $5,400 $39,400
2019 $1,039 $44,800 $5,400 $39,400
2018 $905 $44,800 $5,400 $39,400
2017 $883 $44,800 $5,400 $39,400
2016 $838 $44,800 $5,400 $39,400
2015 $833 $44,800 $5,400 $39,400
2014 $780 $44,800 $5,400 $39,400
2013 $802 $44,800 $5,400 $39,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $79,900 0.0% $62 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
04/19/2025 04/19/25 For Sale $79,900 -- $62 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $23,200 Commercial
Closed $19,200 Commercial
Previous Owner $25,000 Commercial
Previous Owner $24,000 Commercial
Source: Public Records

Source: Maine Listings

MLS Number: 1619598

Maine Listings

APN: MADA-000003-000000-000125

Maine Aroostook County Madawaska 04756

111 4th Ave, Madawaska, ME

This home is located at 111 4th Ave, Madawaska, ME 04756 and is currently priced at $79,900, approximately $61 per square foot. This property was built in 1931. 111 4th Ave is a home with nearby schools including Madawaska Elementary School and Madawaska Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Mindy Braley
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NextHome Discover
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