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  • Price cut: $20.1K (9/21)
    $149,900

    400 E Main Street, Madawaska, ME 04756

    6beds
    2,600sqft
    : 
    $1,172/mo
    Get pre-qualified
    Multi Family
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $58/sqft
    $-- HOA

    What's special

    Highly visible locationNicely renovated one-bedroom apartmentWelcoming front areaMultiple entrancesFlexible layoutFull kitchenPrivate laundry
    Also listed as MLS#1677210 & #1679792. A unique and versatile Main Street investment opportunity offering approximately 2,600 square feet across three finished levels, with excellent potential to create a strong multi-family property with multiple income-producing spaces. With its flexible layout, multiple entrances and highly visible location. The upper level features a nicely renovated one-bedroom apartment with an oversized living area, full kitchen, private laundry, and an updated modern bathroom with a custom walk-in tile shower. This comfortable and updated apartment is already well suited for rental income or owner occupancy. The first floor offers an exciting opportunity to create a second residential unit. With a separate entrance, welcoming front area, and four finished rooms, the space already provides a flexible foundation for an additional apartment. With the addition of a full bathroom and the appropriate improvements and approvals, this level could become an excellent second rental unit, creating the potential for two residential units within the property. The lower level adds even more usable finished space and includes a kitchenette and bathroom, offering additional flexibility for storage, recreation, workspace, studio use, or other potential uses. Depending on an investor's vision and applicable approvals, the lower level could further enhance the property's functionality and income potential. The Main Street location also provides an opportunity for a commercial component, making this property appealing to an investor interested in a combination of residential and professional or business use. The first floor could potentially accommodate office or studio space instead of residential use, providing flexibility to adapt the property to the needs of the market. If you're looking to expand an investment portfolio, create a two-unit residential property, live in one unit while generating rental income from another this is the one!
    35 days
    189
    27

    Zillow last checked:

    Listing updated:

    Listed by:

    Crown Lakes Realty

    Source: Maine Listings,MLS#: 1679725MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 1
      Heating
      • Baseboard, Heat Pump, Hot Water, Zoned
      Cooling
      • Heat Pump
      Features
      • Flooring: Carpet, Laminate
      • Basement: Interior Entry,Walk-Out Access,Finished,Full
      Interior area
      • Total structure area: 2,600
      • Total interior livable area: 2,600 sqft
      • Finished area above ground: 1,900
      • Finished area below ground: 700

      Property

      Parking
      • Total spaces: 1
      • Parking features: Paved, 1 - 4 Spaces, Off Street, On Street, Garage Door Opener
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Lot
      • Size: 2,613 Square Feet
      • Features: Business District, City Lot, Near Shopping, Corner Lot, Rolling Slope, Sidewalks
      Details
      • Zoning: Commercial

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Poured Concrete
      • Roof: Shingle
      Condition
      • Year built: 1926

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Madawaska

      Financial & listing details

      • Price per square foot: $58/sqft
      • Annual tax amount: $2,057
      • Date on market: 9/8/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,132/mo

        Price history

        DateEventPrice
        9/21/2026Price change$149,900-11.8%$58/sqft
        Source: Maine Listings #1679725 Report a problem
        8/21/2026Listed for sale$169,999+112.8%$65/sqft
        Source: Maine Listings #1677210 Report a problem
        9/20/2025Listing removed$79,900$31/sqft
        Source: Maine Listings #1620071 Report a problem
        7/26/2025Price change$79,900-42.9%$31/sqft
        Source: Maine Listings #1620071 Report a problem
        4/23/2025Listed for sale$139,900$54/sqft
        Source: Maine Listings #1620071 Report a problem
        4/23/2025Listing removed$139,900$54/sqft
        Source: Maine Listings #1616764 Report a problem
        3/21/2025Listed for sale$139,900-6.7%$54/sqft
        Source: Maine Listings #1616764 Report a problem
        3/20/2025Listing removed$149,900$58/sqft
        Source: Maine Listings #1604329 Report a problem
        9/19/2024Listed for sale$149,900$58/sqft
        Source: Maine Listings #1604329 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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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.
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        Climate risks

        Neighborhood: 04756

        Getting around

        48 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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