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.
Active
Price cut: $19.1K (10/28)
$149,900
7 Gray Street, Madison, ME 04950
4beds
1,530sqft
Single Family Residence
Built in 1900
9,147 Square Feet Lot
$158,000 Zestimate®
$98/sqft
$-- HOA
What's special
Large lotElectric heatTwo one-bedroom efficiency units
- 45 days
- 208
- 4
Zillow last checked:
Listing updated:
Listed by:
Allied Realty
Source: Maine Listings,MLS#: 1680539
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Kitchen
- Level: First
Kitchen
- Level: First
Kitchen
- Level: Second
Living room
- Level: Second
Heating
- Other
Cooling
- None
Appliances
- Included: Cooktop, Refrigerator
Features
- 1st Floor Bedroom
- Flooring: Carpet, Vinyl
- Basement: Interior Entry,Dirt Floor,Partial
- Has fireplace: No
Interior area
- Total structure area: 1,530
- Total interior livable area: 1,530 sqft
- Finished area above ground: 1,530
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, Paved, 1 - 4 Spaces, On Site
Features
- Levels: Multi/Split
Lot
- Size: 9,147 Square Feet
- Features: City Lot, Near Golf Course, Near Shopping, Level, Open Lot, Sidewalks
Details
- Parcel number: MADNM021L077
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $117,900
- Annual tax amount: $2,357
- Date on market: 9/14/2026
Estimated market value
$158,000
$149,000 - $166,000
$2,235/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2026 | Price change | $149,900-11.3%$98/sqft |
Source:  Maine Listings #1680539 Report a problem | ||
| 9/14/2026 | Listed for sale | $169,000+32.5%$110/sqft |
Source: Maine Listings #1680539 Report a problem | ||
| 3/6/2023 | Listing removed | -- |
Source: Maine Listings #1533529 Report a problem | ||
| 6/22/2022 | Listed for sale | $127,500$83/sqft |
Source: Maine Listings #1533529 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,898 +11.5% | $117,900 +15.6% |
| 2023 | $1,703 +13.8% | $102,000 +26.7% |
| 2022 | $1,496 +0.3% | $80,500 +4.8% |
| 2021 | $1,491 -5.2% | $76,800 +3.8% |
| 2020 | $1,573 +0.8% | $74,000 +0.8% |
| 2019 | $1,560 -1.1% | $73,400 |
| 2018 | $1,578 | $73,400 |
| 2017 | $1,578 +2.4% | $73,400 |
| 2016 | $1,541 +7.7% | $73,400 |
| 2015 | $1,431 | $73,400 |
| 2014 | $1,431 +11.2% | $73,400 |
| 2013 | $1,287 +3.7% | $73,400 |
| 2012 | $1,241 | $73,400 |
| 2010 | -- | $73,400 +2.9% |
| 2009 | -- | $71,300 +1.6% |
| 2008 | -- | $70,200 +15.1% |
| 2006 | -- | $61,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 04950
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