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54 Weston Avenue, 
Madison, ME 04950

$265,000


Bed


3

Baths


4,684

Sq Ft


Multi-Family

Active

Real Broker

Last updated:

August 30, 2026, 10:36 AM

MLS#

1672049

Source:

ME MREIS

About This Home

54 Weston Avenue

Whether you're looking to owner occupy while your tenants help pay the mortgage or expand your investment portfolio, this versatile multi-unit property is one you won't want to miss. Offering over 4,500 square feet of living space, the property features one spacious 4-bedroom unit, one 3-bedroom unit, and one 1-bedroom unit, providing excellent income potential. Live in one unit and let the rental income offset much of your mortgage, or lease all three units as a strong investment opportunity. The property has seen several major updates over the past few years and is situated on a quiet road on a rare double lot. A detached two-car garage offers additional rental or storage income potential, while the unfinished attic presents an opportunity for future expansion. The current rents are below market value, offering room to increase income over time. For investors looking to maximize the property's potential, there may also be an opportunity to reconfigure the layout into four 2-bedroom units and one 1-bedroom unit, subject to municipal approval and any required permits. Properties offering this combination of size, flexibility, income potential, and future upside are hard to find. Schedule your private showing today!

Home Facts

Multi-Family

3 Baths

Built in 1910

Price Summary

265,000

$56 per Sq. Ft.

MLS #:

1672049

Last Updated:

August 30, 2026, 10:36 AM


Rooms & Interior

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Architectural Style:

Victorian

Building Area:

4,684 Sq. Ft.

Year Built:

1910


Lot

Lot Size (Sq. Ft):

10,018


Finances & Disclosures

Finances

Price:

$265,000

Price per Sq. Ft:

$56 per Sq. Ft.

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MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & 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

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.