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Price cut: $10K (6/29)

$339,999

154 Madison Street, Auburn, ME 04210

6beds

1,913sqft

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Multi Family

Built in 1900

-- sqft lot

$336,400 Zestimate^®

$178/sqft

$-- HOA

What's special

Low-maintenance vinyl sidingUpdated windowsWell-maintained units

ATTENTION INVESTORS! Incredible turnkey investment opportunity in the heart of Auburn! Welcome to 154 Madison Street, a massive, cash-flowing duplex generating an impressive $43,000+ in annual gross income. This high-yield property features a total of 6 spacious bedrooms and 2 full bathrooms split across two well-maintained units, making it an absolute magnet for tenants and an ideal addition to any portfolio. Beyond the stellar financials, the property boasts a spacious detached 2-car garage, low-maintenance vinyl siding, updated windows, and a great deck with scenic views for outdoor enjoyment. Situated on a nice 0.31-acre lot with public water and sewer, this property perfectly balances immediate profitability with long-term ease of management. Don't let this rare cash cow slip away--schedule your showing today!

71 days

542

25

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Hot Water

Cooling

None

Features

1st Floor Bedroom, Bathtub, Shower
Flooring: Carpet, Vinyl, Wood
Basement: Interior Entry,Walk-Out Access,Full

Interior area

Total structure area: 1,913
Total interior livable area: 1,913 sqft
Finished area above ground: 1,913
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Paved, 1 - 4 Spaces, On Site, Detached
Garage spaces: 2

Features

Levels: Multi/Split

Lot

Size: 0.31 Acres
Features: Neighborhood, Open Lot, Sidewalks

Details

Parcel number: AUBNM220L154
Zoning: UR

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding, Wood Siding
Roof: Pitched,Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: On Site, Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Auburn

Financial & listing details

Price per square foot: $178/sqft
Tax assessed value: $147,600
Annual tax amount: $3,284
Date on market: 4/29/2026
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$336,400

$320,000 - $353,000

$2,123/mo

Price history

Date	Event	Price
6/29/2026	Price change	$339,999-2.9%$178/sqft
Source: Maine Listings #1659767 Report a problem
5/15/2026	Price change	$349,999-2.8%$183/sqft
Source: Maine Listings #1659767 Report a problem
4/29/2026	Listed for sale	$360,000+2.9%$188/sqft
Source: Maine Listings #1659767 Report a problem
12/8/2025	Listing removed	$350,000$183/sqft
Source: Maine Listings #1637423 Report a problem
9/12/2025	Listed for sale	$350,000+16.7%$183/sqft
Source: Maine Listings #1637423 Report a problem
9/11/2024	Listing removed	$299,900$157/sqft
Source: Maine Listings #1584133 Report a problem
8/25/2024	Price change	$299,900-7.7%$157/sqft
Source: Maine Listings #1584133 Report a problem
8/20/2024	Listed for sale	$325,000+6.6%$170/sqft
Source: Maine Listings #1584133 Report a problem
3/26/2024	Listing removed	--
Source: Maine Listings #1584133 Report a problem
3/14/2024	Listed for sale	$305,000+2.3%$159/sqft
Source: Maine Listings #1584133 Report a problem
8/14/2023	Sold	$298,000+2.8%$156/sqft
Source: Maine Listings #1560916 Report a problem
6/12/2023	Pending sale	$290,000$152/sqft
Source: Maine Listings #1560916 Report a problem
5/31/2023	Listing removed	--
Source: Maine Listings #1556528 Report a problem
4/18/2023	Listed for sale	$290,000+152.4%$152/sqft
Source: Maine Listings #1556528 Report a problem
7/23/2015	Listing removed	$114,900$60/sqft
Source: CENTURY 21 Advantage #1146843 Report a problem
7/24/2014	Listed for sale	$114,900$60/sqft
Source: Century 21 Advantage of South Portland #1146843 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,284 +9.2%	$147,600 +11.6%
2023	$3,008 +18.4%	$132,200 +18.4%
2022	$2,541 -4.5%	$111,700
2021	$2,661 +2.4%	$111,700 +2.1%
2020	$2,598 +29.6%	$109,400
2019	$2,005 -5.3%	$109,400
2018	$2,117 +3%	$109,400
2017	$2,055 -3.4%	$109,400 -0.7%
2016	$2,128	$110,200
2015	$2,128 -0.1%	$110,200
2013	$2,129 -3.1%	$110,200 -1.8%
2012	$2,198 -1.9%	$112,200 -2.9%
2011	$2,240 -8.8%	$115,500 -13.9%
2009	$2,455 -6%	$134,100 -5.5%
2008	$2,612	$141,900 +45.2%
2006	--	$97,700

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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