8 Preble Ave

Madison ME 04950

1632 sq. ft.

9583.2 sq. ft.

Multi-Family

Last sold for $140,000

Abby Nichols, last sold this property on 16 October 2026 after 43 days on market.

Overview

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.

Features

2 bathrooms

2 carspaces

2 garage spaces

1632 sq. ft. floor area

9583.2 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Madison over the last 12 months, the estimated median property value of 8 Preble Ave is $173k.

Median value

$173k

Estimated value range

$140k - $375k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Madison. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8 Preble Ave

2026

Sold

$140,000

16 Oct 2026 by Abby Nichols, of Allied Realty

Happy sellers in Madison

We have insufficient information to provide an overview of customer satisfaction for Madison. Viewing the agent profiles, reviews and sales for Madison can provide insights for this location.