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$285,000

45 Madison Ave Madison, ME 04950

2 full
2,304 sqft
0.1 acres
House

Property details

About 45 Madison Ave

12913 - Prime investment opportunity downtown Madison. This beautifully remodeled 2-unit apartment (2023-2024) is perfect for homeowners or savvy investors! Each unit offers 2-bedrooms 1 bath. The home could be converted to a 4-bedroom residential home if desired. This unit sits on a desirable corner lot with two separate driveways. Recent upgrades include new high efficiency hot water heaters and a new oil-fired burner for worry-free living. Live in one unit and rent the other to offset your mortgage. Build equity and generate rental income. Madison Electric for affordable power. Call for your showing today.

Highlights

Home typeOther
HeatingHot Water, Baseboard
StatusActive
Size2,304 sqft
BasementYes
Lot size0.13 Acres
Year built1925
Parking1 - 4 Spaces, Paved, Off Street
MLS #1614162

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Flooring Type: Wood, Tile
  • Interior: 1st Floor Bedroom, Attic
  • Attached Garage: No
  • Parking: 1 - 4 Spaces, Paved, Off Street
  • Exterior: Porch
  • Architectural Style: Other, Colonial
  • Heating: Hot Water, Baseboard
  • Cooling: None
  • List Price: $285,000
  • Annual Tax Amount: $2,051
  • Tax Year: 2023
  • Lot: Open Lot, Corner Lot, Level, Interior Lot
  • Year Built: 1925
  • Living Area: 2,304 SqFt
  • Lot Size: 0.13 Acres
  • MLS Number: 1614162
  • MLS Name: Maine Listings
  • Office Name: Allied Realty
  • Office Phone: (207) 474-9553
  • Office Email: houses@alliedrealty.net

IDXDisclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 4:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 07, 2024
Home Sold
$245,000

Tax history

YearAssessmentProperty Tax
2023$122,800$2,051
2022$97,700$1,816
2021$93,300$1,812
2020$89,300$1,898
2019$88,500$1,881

History based on county public records data.

Nearby schools

1

Madison Elementary School

Public District PK-4

0.5 mi

43 Learners Ln

6

Garret Schenck School

Public District PK-5

0.6 mi

19 Ken Taylor St

3

Mill Stream Elementary School

Public District PK-6

7.3 mi

26 Mercer Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,559. Most Madison, ME residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

61%
<35k
26%
35k-100k
10%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

42%
Single, No Kids
15%
Single, with Kids
24%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
40%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 45 Madison Ave

The listing price of 45 Madison Ave property is $285,000.

The property 45 Madison Ave is a house located in Madison, Maine, 04950.

Active Listing: 45 Madison Ave is Active, which means the seller is accepting offers.

The nearby schools for 45 Madison Ave are: Madison Elementary School (GreatSchools Rating 1/10), Garret Schenck School (GreatSchools Rating 6/10), Mill Stream Elementary School (GreatSchools Rating 3/10), Madison Junior High School (GreatSchools Rating 3/10), Carrabec Community School (GreatSchools Rating 3/10), Skowhegan Area Middle School (GreatSchools Rating 4/10), Madison Area Memorial High School (GreatSchools Rating 3/10), Carrabec High School (GreatSchools Rating 3/10), Skowhegan Area High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $2,051 (source: MLS/based on county public records data).

The last sale was on June 7, 2024 for $245,000 (source: MLS/tax record).

The property at 45 Madison Ave has 2 bathrooms.

The property 45 Madison Ave is 2,304 SqFt (source: MLS/tax record).

The year of construction for 45 Madison Ave is 1925.

This home is located at 45 Madison Ave in Madison, ME and zip code 04950. This 2,304 square foot home, which was built in 1925, sits on a 0.13 acre lot. Features: 2 bathrooms. It is currently priced at $285,000.

From Rocket Homes Real Estate and based on county public records data.

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