Are yards well-kept in Madison, ME?

As of early 2026, 100% of users say yards are well-kept

Is parking easy in Madison, ME?

As of early 2026, 86% of users say parking is easy

Do kids play outside in Madison, ME?

As of early 2026, 86% of users say kids play outside

Is Madison, ME dog-friendly?

As of early 2026, 83% of users say it's dog friendly

Does Madison, ME show holiday spirit?

As of early 2026, 75% of users say there's holiday spirit

Do residents of Madison, ME plan to stay at least 5 years?

As of early 2026, 75% of users say they plan to stay for at least 5 years

Is a car needed in Madison, ME?

As of early 2026, 71% of users say car is needed

Would people walk alone at night in Madison, ME?

As of early 2026, 70% of users say people would walk alone at night

Are neighbors friendly in Madison, ME?

As of early 2026, 67% of users say neighbors are friendly

Does Madison, ME have sidewalks?

As of early 2026, 63% of users say there are sidewalks

Are the streets well-lit in Madison, ME?

As of early 2026, 63% of users say streets are well-lit

Is Madison, ME walkable to grocery stores?

As of early 2026, 60% of users say it's walkable to grocery stores

Is there wildlife in Madison, ME?

As of early 2026, 54% of users say there's wildlife

Is Madison, ME walkable to restaurants?

As of early 2026, 50% of users say it's walkable to restaurants

Are there community events in Madison, ME?

As of early 2026, 44% of users say there are community events

Is Madison, ME quiet?

As of early 2026, 40% of users say it's quiet

FOR SALE

0.5 ACRES

8 Thomas Street
Madison, ME 04950

4 Beds
4 Baths
2,012 sqft (on 0.50 acres)

$380,000

4 Beds

4 Baths

2,012 sqft

(on 0.50 acres)

Local Information

-- mins to

Commute Destination

Last check for updates: about 18 hours ago

Listing courtesy of The Maine Real Estate Experience

Source: Maine Listings, MLS#1651300

Also Listed on Maine Listings.

Description

Extensively renovated 4-unit multifamily in a quiet, in-town Madison location with strong value-add potential. Since 2018, the owner has redesigned each unit entirely and completed multiple additions, along with full re-insulation of walls, ceilings, and floors and added 2x6 posts for additional structural support in areas of expansion. Distinctive finishes include reclaimed wood accent walls crafted from original materials and reclaimed brick feature walls salvaged during chimney removal.

All four units are 1-bedroom layouts, each offering private outdoor space with a balcony or patio. One interior unit remains in progress, and exterior improvements—including remaining siding, staircases, balconies, and railings—present an opportunity for a buyer to complete the final phase and add value. Rear stair components for the second-floor balconies have already been purchased and are ready for installation. The property is not zoned, allowing flexibility for residential or commercial use (buyer to verify). An additional storage structure is included and conveyed as-is. Conveniently located near town amenities while maintaining a quiet neighborhood setting.

This property is currently operating successfully as a short-term vacation rental on platforms including Airbnb and Vrbo, providing a strong, established, source of supplemental income for the owner.

Home Highlights

Parking

No Info

Outdoor

Patio, Deck

A/C

Heating & Cooling

HOA

None

Price/Sqft

$189

Listed

92 days ago

Home Details for 8 Thomas Street

Active Status
MLS Status: Active

Interior Features
Interior Details Basement: Interior Entry
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout Living Area: 2012 Square Feet
Appliances & Utilities Utilities: Utilities OnAppliances: Tankless Water Heater
Heating & Cooling Heating: Direct Vent Heater,Hot WaterHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Direct Vent Heater
Gas & Electric Electric: Circuit Breakers
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Laminate, Tile, Vinyl
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: Multi/SplitFloors: Laminate, Tile, Vinyl

Exterior Features
Exterior Home Features Roof: MetalPatio / Porch: Deck, PatioOther Structures: Shed(s)No Private Pool
Parking & Garage No CarportNo GarageNo Attached Garage
Frontage Not on Waterfront
Water & Sewer Sewer: Public Sewer
Finished Area Finished Area (above surface): 2012 Square Feet

Days on Market
Days on Market: 92

Property Information
Year Built Year Built: 1900
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Post & BeamArchitecture: Post & Beam

Price & Status
Price List Price: $380,000Price Per Sqft: $189

Media
See Virtual Tour

Location
Direction & Address City: Madison
School Information High School District: RSU 59/MSAD 59

Agent Information
Listing Agent Listing ID: 1651300

Building
Building Area Building Area: 2012 Square Feet

Lot Information
Lot Area: 0.50 acres

Energy
Energy Efficiency Features: Ceiling Fans

Miscellaneous
BasementMls Number: 1651300Above Grade Unfinished Area: 2012

Price History for 8 Thomas Street

Date	Price	Event	Source
02/06/2026	$380,000	Listed For Sale	Maine Listings #1651300

08/29/2024	$35,000	ListingRemoved	Maine Listings #1584232

05/11/2024	$35,000	PriceChange	Maine Listings #1584232
Price Change $10,000 (-22%)
03/15/2024	$45,000	Listed For Sale	Maine Listings #1584232

10/22/2018	$25,500	Sold	Maine Listings #1336862
Recording Date 10/22/2018 County Transfer Tax N/A Total Transfer Tax N/A
07/19/2018	$42,499	PriceChange	Agent Provided
Price Change $7,500 (-15%)
05/29/2018	$49,999	PriceChange	Agent Provided
Price Change $7,133 (-12%)
05/09/2018	$57,132	PriceChange	Agent Provided
Price Change $4,968 (-8%)
04/05/2018	$62,100	PriceChange	Agent Provided
Price Change $5,400 (-8%)
03/02/2018	$67,500	PriceChange	Agent Provided
Price Change $7,500 (-10%)
01/23/2018	$75,000	Listed For Sale	Agent Provided

11/08/2017	$65,475	ListingRemoved	Agent Provided

11/03/2017	$0	Listed For Sale	Agent Provided

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Property Tax and Assessment

Year	2024
Tax	$2,088
Assessment	$129,700

Home facts updated by county records

Comparable Sales for 8 Thomas Street

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
152 Main Street, Madison, ME	0.29	Multi-Family Home	$173,000	10/21/25	4	3	2,112
75 Madison Avenue, Madison, ME	0.19	Multi-Family Home	$199,000	04/28/26	5	2	2,564
16 Buswell Street, Anson, ME	1.20	Multi-Family Home	$14,500	05/13/25	4	3	1,344
286 Main Street, Madison, ME	0.54	Multi-Family Home	$172,000	01/06/26	2	2	800
14 Wade Street, Norridgewock, ME	7.22	Multi-Family Home	$339,000	10/15/25	4	2	1,600

Assigned Schools

These are the assigned schools for 8 Thomas Street.

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.

Amandaroy14
Resident
6y ago
"Many families in Area, good schools, friendly townspeople, nice town events, old down home feeling to it "
1
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Trulia User
Resident
6y ago
"I’ve seen a woman drive into the neighborhood and let her older dog out of the car to do his business. 2x’s so far."
0
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Sharyn
15y ago
"Great area for recreation year round: boating, fishing, snow mobiling, skiing nearby, golf, summer theatre, involved summer community. Small town feeling. "
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The Maine Real Estate Experience

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

8 Thomas Street, Madison, ME 04950 is a 4 bedroom, 4 bathroom, 2,012 sqft multi-family built in 1900. This property is currently available for sale and was listed by Maine Listings on Feb 6, 2026. The MLS # for this home is MLS# 1651300.

8 Thomas Street
Madison, ME 04950

$380,000

$380,000

Local Information