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8 Preble Avenue, 
Madison, ME 04950

$159,900

—

Bed

2

Baths

1,632

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Abby Nichols

Allied Realty

Last updated:

February 10, 2026, 04:34 PM

MLS#

1648987

Source:

ME MREIS

About This Home

8 Preble Avenue

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 Facts

Multi-Family

2 Baths

Built in 999

Price Summary

159,900

$97 per Sq. Ft.

MLS #:

1648987

Last Updated:

February 10, 2026, 04:34 PM

Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,632 Sq. Ft.

Structure

Structure

Building Area:

1,632 Sq. Ft.

Year Built:

999

Lot

Lot Size (Sq. Ft):

9,583

Finances & Disclosures

Finances

Price:

$159,900

Price per Sq. Ft:

$97 per Sq. Ft.

MLS Logo
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.