8 Preble Ave Madison, ME 04950
Madison AreaEstimated payment $1,057/month
Highlights
- Wood Flooring
- 2 Car Detached Garage
- Level Lot
- No HOA
- Forced Air Heating System
About This Home
13047 - Well-maintained 2-unit apartment building offering an excellent opportunity for investors or owner-occupants. The first-floor unit features one bedroom, while the upper-level unit offers two bedrooms and is occupied by a long-term tenant of several years. Both units are currently rented, providing immediate income. Property includes a two-car detached garage, an additional storage shed, and a nice yard. Conveniently located close to town, shopping, and local amenities. Solid rental history and desirable location make this a strong income-producing property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,911
Lot Details
- 9,583 Sq Ft Lot
- Level Lot
- Open Lot
Parking
- 2 Car Detached Garage
- Gravel Driveway
Home Design
- 1,632 Sq Ft Home
- Split Level Home
- Poured Concrete
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Interior Basement Entry
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Tax Lot 32
Community Details
Overview
- No Home Owners Association
- 2 Units
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $12,490
- Gross Income $17,288
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,911 | $203,600 | $31,100 | $172,500 |
| 2024 | $2,325 | $144,400 | $27,600 | $116,800 |
| 2023 | $2,088 | $125,000 | $23,400 | $101,600 |
| 2022 | $1,904 | $102,400 | $18,600 | $83,800 |
| 2021 | $1,899 | $97,800 | $17,700 | $80,100 |
| 2020 | $1,998 | $94,000 | $17,700 | $76,300 |
| 2019 | $1,978 | $93,100 | $17,500 | $75,600 |
| 2018 | $2,002 | $93,100 | $17,500 | $75,600 |
| 2017 | $2,002 | $93,100 | $17,500 | $75,600 |
| 2016 | $1,955 | $93,100 | $17,500 | $75,600 |
| 2015 | $1,815 | $93,100 | $17,500 | $75,600 |
| 2014 | $1,815 | $93,100 | $17,500 | $75,600 |
| 2013 | -- | $93,100 | $17,500 | $75,600 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/11/2026 05/11/26 | Price Changed | $149,900 | -6.3% | $92 / Sq Ft | |
| 01/09/2026 01/09/26 | For Sale | $159,900 | +116.1% | $98 / Sq Ft | |
| 09/30/2019 09/30/19 | Sold | $74,000 | -1.2% | $45 / Sq Ft | View Prior Sale |
| 08/02/2019 08/02/19 | Pending | -- | -- | -- | |
| 08/29/2017 08/29/17 | For Sale | $74,900 | -- | $46 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $76,442 | VA |
Source: Maine Listings
MLS Number: 1648987
APN: MADN-000017-000000-000032
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.
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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