8 Thomas Street, Madison, ME 04950

Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
8 Thomas Street,Madison, ME 04950
$380,000
Virtual Tour
  • - Beds
  • 4 Baths
  • 2,012 sq. ft.
  • Multi-family
  • Active
Listed by: paloma fondeur gomez, hannah brann
Office: the maine real estate experience
MLS#:1651300
Source:ME_MREIS

Price summary

  • Price:$380,000
  • Price per sq. ft.:$188.87

About this home

Extensively renovated 4-unit multifamily in a quiet, in-town Madison location with strong value-add potential. Since 2018, the owner has redesigned each unit entirely and completed multiple additions, along with full re-insulation of walls, ceilings, and floors and added 2x6 posts for additional structural support in areas of expansion. Distinctive finishes include reclaimed wood accent walls crafted from original materials and reclaimed brick feature walls salvaged during chimney removal. All four units are 1-bedroom layouts, each offering private outdoor space with a balcony or patio. One interior unit remains in progress, and exterior improvements—including remaining siding, staircases, balconies, and railings—present an opportunity for a buyer to complete the final phase and add value. Rear stair components for the second-floor balconies have already been purchased and are ready for installation. The property is not zoned, allowing flexibility for residential or commercial use

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Home facts

  • Year built:1900
  • Listing ID #:1651300
  • Updated:February 10, 2026 at 11:30 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,012 sq. ft.

Heating and cooling

  • Heating:Direct Vent Heater, Hot Water

Structure and exterior

  • Year built:1900
  • Building area:2,012 sq. ft.
  • Lot area:0.5 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$380,000
  • Price per sq. ft.:$188.87
  • Tax amount:$1,103 (2025)
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