8 Preble Avenue
Madison, ME 04950
- 2 Beds
- 2 Baths
- 1,632 sqft
$159,900
$159,900
2 Beds
2 Baths
1,632 sqft
Local Information
© Google
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Last check for updates: about 5 hours ago
Listing courtesy of Allied Realty
Source: Maine Listings, MLS#1648987

Also Listed on Maine Listings.
Description
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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$98
Listed
119 days ago
Home Details for 8 Preble Avenue
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MLS Status: Active |
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Interior Details Basement: Doghouse,Interior Entry |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1632 Square Feet |
Heating & Cooling Heating: Direct Vent Heater,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Direct Vent Heater |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate, Wood |
Levels, Entrance, & Accessibility Floors: Carpet, Laminate, Wood |
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Exterior Home Features Roof: MetalNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1632 Square Feet |
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Days on Market: 119 |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Split Level |
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Price List Price: $159,900Price Per Sqft: $98 |
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Direction & Address City: Madison |
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Listing Agent Listing ID: 1648987 |
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Building Area Building Area: 1632 Square Feet |
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Lot Area: 9583.2 sqft |
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BasementMls Number: 1648987Above Grade Unfinished Area: 1632 |
Price History for 8 Preble Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 01/09/2026 | $159,900 | Listed For Sale | Maine Listings #1648987 |
| 09/30/2019 | $74,000 | Sold | Maine Listings #1323413 |
| 06/18/2018 | $74,900 | Listed For Sale | Agent Provided |
| 03/29/2018 | $74,900 | ListingRemoved | Agent Provided |
| 08/29/2017 | $74,900 | Listed For Sale | Agent Provided |
Similar Homes You May Like
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $2,325 |
| Assessment | $144,400 |
Home facts updated by county records
Comparable Sales for 8 Preble Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.46 | Multi-Family Home | $173,000 | 10/21/25 | 4 | 3 | 2,112 | |
0.87 | Multi-Family Home | $172,000 | 01/06/26 | 2 | 2 | 800 | |
0.70 | Multi-Family Home | $199,000 | 04/28/26 | 5 | 2 | 2,564 | |
0.99 | Multi-Family Home | $14,500 | 05/13/25 | 4 | 3 | 1,344 | |
6.72 | Multi-Family Home | $339,000 | 10/15/25 | 4 | 2 | 1,600 |
Assigned Schools
These are the assigned schools for 8 Preble Avenue.
What Locals Say about Madison
At least 6 Trulia users voted on each feature.
100 % Say yards are well-kept
86 % Say parking is easy
86 % Say kids play outside
83 % Say it's dog friendly
75 % Say there's holiday spirit
75 % Say they plan to stay for at least 5 years
71 % Say car is needed
70 % Say people would walk alone at night
67 % Say neighbors are friendly
63 % Say there are sidewalks
63 % Say streets are well-lit
60 % Say it's walkable to grocery stores
54 % Say there's wildlife
50 % Say it's walkable to restaurants
44 % Say there are community events
40 % Say it's quiet
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Allied Realty

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.
© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
8 Preble Avenue, Madison, ME 04950 is a 2 bedroom, 2 bathroom, 1,632 sqft multi-family. This property is currently available for sale and was listed by Maine Listings on Jan 9, 2026. The MLS # for this home is MLS# 1648987.

