NOT LISTED FOR SALE

111 4th Ave Madawaska, ME 04756

Estimated Value: $47,000 - $58,274

Studio
2 Baths
1,296 Sq Ft
$39/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2026

Last sale price $46,000 $35 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $324 / mo

76 Days on Market

Highlights

  • View of Trees or Woods
  • Porch
  • Zoned Heating
  • No HOA
  • Cooling Available
  • Property is near shops

About This Home

As of January 2026

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!

Last Agent to Sell the Property

Mindy Braley

NextHome Discover Listed on: 10/16/2025

NextHome Discover

Last Buyer's Agent

Mindy Braley

NextHome Discover Listed on: 10/16/2025

NextHome Discover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 1931

Lot Details

  • 6,534

Home Design

  • Shingle Roof

Interior Spaces

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

Utilities

  • Cooling Available
  • Zoned Heating
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Porch
  • 6,534 Sq Ft Lot
  • Property is near shops

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

6,534 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • MLS Status: Closed
  • Directions: Take 4th Ave and the property is 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
  • Contract Information:List PriceSqFt: 61.65
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Location:Location: Intown, Near Shopping, Near Town, Neighborhood
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Flooring: Laminate

Exterior Features

  • View: Trees/Woods
  • Waterfront: No
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard, Heat Pump, 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: 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 Lot: 125

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2025
Closed on
Jan 23, 2026
Sold by
Bought by
Seller's Agent
Mindy Braley
NextHome Discover
Buyer's Agent
Mindy Braley
NextHome Discover
List Price
$79,900
Sold Price
$46,000
Premium/Discount to List
-$33,900
-42.43%
Views
56
Current Estimated Value
$50,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,569
Avg. Annual Appreciation
25.98%

Purchase Details

Closed on
Jul 16, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,200
Interest Rate
5.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.16%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$46,000 --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $23,200
Previous Owner $19,200
Previous Owner $24,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/23/2026 01/23/26 Sold $46,000 -42.4% $35 / Sq Ft
12/31/2025 12/31/25 Pending -- -- --
10/16/2025 10/16/25 For Sale $79,900 -- $62 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1641025

Maine Listings

APN: MADA-000003-000000-000125

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