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$149,900 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 2 Units
  • 0.22 Acres
  • 2 Car Garage
  • Updated 8 days ago
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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.

Full Property Details for 8 Preble Ave

General

  • Price: $149,900
  • Taxes: $2,911 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1648987
  • Updated: 8/17/2026
  • Added to Site: 229 day(s) ago

Interior

  • Flooring: Carpet, Laminate, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Gravel, 5 - 10 Spaces, On-Site Parking, Detached

Location

  • County: Somerset

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil, Propane, Direct Vent Heater, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Split Level
  • Construction: Wood Frame, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Doghouse, Interior Entry, Full
  • Roof: Metal
  • Square Feet: 1,632
  • Finished Total: 1,632 Sq. Ft.
  • Finished Above Grnd: 1,632 Sq. Ft.
  • Year Built: 999

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,583.2
  • Zoning: None
  • Lot Description: Near Town, Level, Open Lot

Financial Considerations

  • Operating Expenses: $12,490
  • Tax Amount: $2,911.48
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 32

Listed by Allied Realty (207) 474-9553

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Listing agent

— 8 Preble Ave —

  • Allied Realty

    207-474-9553

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8 Preble Ave

School District:School Administrative District 59
NameGradesDistance
Madison Junior High School
205 Main Street, Madison, ME 04950
5-80.5 mi
Madison Elementary School, Madison, ME
43 Learners Lane, Madison, ME 04950
PK-41.1 mi
Madison Area Memorial High School
486 Main Street, Madison, ME 04950
9-121.8 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 8 Preble Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Price Reduced
$149,900
-6.25%
MLS
1/09/2026
Listed
$159,900
115.45%
MLS
9/30/2019
Sold
$74,218
—
Public Record
Get Price Alerts and Save Property
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 for 8 Preble Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,911
25%
$203,600
41%
2024
$2,325
11%
$144,400
16%
2023
$2,088
10%
$125,000
22%
2022
$1,904
—
$102,400
5%
2021
$1,899
-5%
$97,800
4%
2020
$1,998
1%
$94,000
1%
2019
$1,978
-1%
$93,100
—
2018
$2,002
—
$93,100
—
2017
$2,002
2%
$93,100
—
2016
$1,955
8%
$93,100
—
2015
$1,815
—
$93,100
—
2014
$1,815
11%
$93,100
—
2013
$1,632
—
$93,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Allied Realty (207) 474-9553

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8 Preble Avenue, Madison, ME 04950 (MLS# 1648987) is a Multi-Family property with 2 units containing 0 bedrooms and 2 full bathrooms. 8 Preble Avenue is currently listed for $149,900 and was received on January 09, 2026. Want to learn more about 8 Preble Avenue? Do you have questions about finding other Multi-Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

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