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$169,000 Just Listed
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Property Description
13154 - In-town Madison location with a large lot and three-unit configuration offering excellent potential. The property includes two one-bedroom efficiency units and a spacious two-bedroom unit on the second level. All units feature electric heat. Currently vacant and ready for some TLC, this property presents an opportunity to bring your vision and updates to a multi-unit investment. Separate driveways provide added convenience, with the possibility of creating additional parking in the rear. Priced accordingly and being sold in "as is" condition.
Full Property Details
Full Property Details for 7 Gray St
General
- Price: $169,000
- Taxes: $2,357 (2025)
- Status: Active
- Type: Single Family
- Source: MREIS
- MLS ID: 1680539
- Updated: 9/14/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: 1st Floor Bedroom
- Appliances: Cooktop, Refrigerator
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Gravel, Paved, 1 - 4 Spaces, On-Site Parking
Location
- County: Somerset
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Dirt Floor, Partial
- Roof: Shingle
- Square Feet: 1,530
- Sq. Ft. Source: Public Records
- Finished Total: 1,530 Sq. Ft.
- Finished Above Grnd: 1,530 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147.6
- Zoning: Residential
- Lot Description: Intown, Near Golf Course, Near Shopping, Level, Open Lot, Sidewalks
Financial Considerations
- Tax Amount: $2,357
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 77
Listed by Allied Realty (207) 474-9553
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Schools
Schools serving 7 Gray St
School District:School Administrative District 59
| Name | Grades | Distance |
|---|---|---|
Madison Elementary School, Madison, ME 43 Learners Lane, Madison, ME 04950 | PK-4 | 0.4 mi |
Madison Junior High School 205 Main Street, Madison, ME 04950 | 5-8 | 0.5 mi |
Madison Area Memorial High School 486 Main Street, Madison, ME 04950 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7 Gray St
Date
Details
Price
Change
Source
9/14/2026
Listed
$169,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7 Gray St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,357
24%
$164,800
40%
2024
$1,898
11%
$117,900
16%
2023
$1,703
14%
$102,000
27%
2022
$1,496
—
$80,500
5%
2021
$1,491
-5%
$76,800
4%
2020
$1,573
1%
$74,000
1%
2019
$1,560
-1%
$73,400
—
2018
$1,578
—
$73,400
—
2017
$1,578
2%
$73,400
—
2016
$1,541
8%
$73,400
—
2015
$1,431
—
$73,400
—
2014
$1,431
11%
$73,400
—
2013
$1,287
—
$73,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7 Gray St
7 Gray Street, Madison, ME 04950 (MLS# 1680539) is a Single Family property with 4 bedrooms and 3 full bathrooms. 7 Gray Street is currently listed for $169,000 and was received on September 14, 2026. Want to learn more about 7 Gray Street? Do you have questions about finding other Single Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

