Lewiston ME Multi Family for Sale
$345,000
182 Avenue Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 2,636
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1929
- Baths:
- 2.00
- MLS#:
- 1608017
View additional info
Courtesy: Keller Williams Realty
207-879-9800
ADDITIONAL INFORMATION
Two family building with first floor offering kitchen, living room, full bath, 2 bedrooms and a den. The second floor consists of kitchen, living room, bath and 3 bedrooms. Both units offer front and back enclosed porches
$390,000
45 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 3,656
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1925
- Baths:
- 3.00
- MLS#:
- 1606954
View additional info
Courtesy: Realty ONE Group - Compass
207-312-9182
ADDITIONAL INFORMATION
Welcome to 45 Jefferson St. This well maintained multi features recently updated units, off street parking and a 2 car garage. This property has been cared for and until recently, owner occupied. The classic woodwork brings much character and charm to the units. With dedicated electric meters and water heaters for each unit, minutes from St. Mary's, this location is a wonderful opportunity. Start investing in real estate with a sound property. Group Showings to be held Friday the 18th and Saturday the 19th from 11-1pm. Request through showingtime.
$472,000
68 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 4,811
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1866
- Baths:
- 5.00
- MLS#:
- 1605669
View additional info
Courtesy: Maine Source Realty
207-333-6001
ADDITIONAL INFORMATION
Exceptional Cash Flow Property with Major Upgrades! Fully occupied and cash flowing, this 5-unit multifamily property is an investor's dream! Featuring 2 spacious two-bedroom units and 3 cozy one-bedroom units, this building is generating an impressive gross annual income of $66,000, with a net of more than $50,000 per year. Recent upgrades include a brand new roof and high-efficiency natural gas heat and hot water systems, installed just 3 years ago, ensuring low operating costs for years to come. The big-ticket items have already been taken care of, making this property a hassle-free investment with minimal future capital expenditures. Located in a high-demand rental area, this property is well-positioned for continued success. Don't miss out on this turnkey opportunity with stable tenants and excellent returns! Key Features: 2 x 2-bedroom units, 3 x 1-bedroom units Gross income: $66,000/year Net income: More than $50,000/year New roof and efficient heating systems (3 years old) Natural gas heating and hot water Fully occupied with stable tenants Invest now and start earning immediate cash flow!
$595,000
26 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 6,314
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1939
- Baths:
- 5.00
- MLS#:
- 1604003
View additional info
Courtesy: Hearth & Key Realty
207-241-2327
ADDITIONAL INFORMATION
Introducing an exceptional investment opportunity in the heart of a thriving rental market: a 5-unit apartment building with impressive cash flow potential. This well-maintained property offers a robust rental income stream, making it an ideal addition to any real estate portfolio. Situated in a dynamic neighborhood with strong demand for rental properties, this building benefits from a vibrant local market where vacancies are low and rental rates are on the rise. The area's steady economic growth and increasing population contribute to a favorable environment for landlords seeking reliable returns. Each unit provides ample living space and functional layouts, ensuring broad appeal to a diverse range of tenants. With a touch of TLC, this property could see significant appreciation. Updating the interiors and enhancing common areas could not only increase the rental income but also elevate the property's overall value. Whether you're a seasoned investor or just starting out, this property offers a solid foundation and promising upside. Take advantage of the current market trends and unlock the full potential of this high-cash-flow investment.
$1,100,000
198 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 8,966
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1891
- Baths:
- 9.00
- MLS#:
- 1603117
- Subdivision:
- No
View additional info
Courtesy: Hearth & Key Realty
207-241-2327
ADDITIONAL INFORMATION
**Charming 9-Unit Multi-Family Building in the Heart of Lewiston - Recently Renovated!** Welcome to this beautifully updated multi-family gem located in the vibrant community of Lewiston, Maine. This exceptional 9-unit building offers a versatile mix of apartments, including 3 one-bedroom, 3 two-bedroom, and 3 three-bedroom units, making it an ideal investment opportunity or a perfect addition to your real estate portfolio. **Property Highlights:** - **Diverse Unit Mix:** Featuring three distinct apartment types to suit various needs, this property includes: - 3 Spacious One-Bedroom Apartments - 3 Comfortable Two-Bedroom Apartments - 3 Generous Three-Bedroom Apartments - **Recent Renovations:** Many units have been thoughtfully updated with modern finishes and improvements, ensuring a fresh, contemporary living experience for tenants. Enjoy new flooring, updated kitchens with new appliances, stylish cabinetry, and refreshed bathrooms. - **Prime Location:** Situated in the thriving city of Lewiston, this property benefits from its proximity to local amenities, schools, parks, and public transportation. Residents will appreciate the convenience of nearby shops, dining options, and recreational facilities. - **Well-Maintained Building:** The building has been meticulously cared for, with recent exterior and interior updates enhancing its curb appeal and functionality. Fresh paint, new windows and doors and upgraded systems contribute to a move-in-ready condition. - **Investment Potential:** With a variety of unit sizes and recent renovations, this property is poised to attract a diverse range of tenants, ensuring strong rental demand and steady income potential. - **Community Feel:** The building offers a welcoming atmosphere, ideal for creating a sense of community among residents. Don't miss this opportunity to own this multi-family building.
$400,000
54 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 11,915
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1881
- Baths:
- 8.00
- MLS#:
- 1601823
View additional info
Courtesy: Keller Williams Realty
207-879-9800
ADDITIONAL INFORMATION
SELLER CONCESSIONS AVAILABLE! Investors, here's your chance to unlock significant value with this 8-unit property in Lewiston. While it does require capital infusion, the potential is undeniable. With strategic updates and improvements, this property offers a clear path to increased rental income and equity growth. Ideal for a long-term hold, this investment promises strong financials once stabilized, making it a great addition to any portfolio focused on long-term gains. Able to be purchased with additional 8-Unit located at 50 Knox (MLS #1801822)
$460,000
146 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 5,420
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1871
- Baths:
- 4.00
- MLS#:
- 1601335
View additional info
Courtesy: Meservier & Associates
207-784-2525
ADDITIONAL INFORMATION
This fully occupied 4-unit property in Lewiston is a solid investment with strong rental income potential. Each unit is well-maintained, and all tenant rents are current. Significant updates include a new roof and siding installed in 2018, a new furnace from around 2019, a new exterior porch added in 2023, and new fire doors on all apartments in 2024. Conveniently located near shopping, dining, and public transportation, this property is ready to offer immediate returns. Contact us today to learn more and schedule a viewing!
$1,250,000
154 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 4,580
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1910
- Baths:
- 10.00
- MLS#:
- 1600699
View additional info
Courtesy: Keller Williams Realty
207-879-9800
ADDITIONAL INFORMATION
Discover an exceptional investment opportunity with this completely renovated 10-unit building in the heart of Lewiston, Maine. Ideal for the discerning investor, this property offers a hassle-free, turn-key solution with modern amenities and low maintenance demands. Property includes eight one-bedroom apartments, one three-bedroom unit and one well-appointed studio apartment. Renovations include comprehensive updates from studs in to studs out and roof to basement. Please see attached addendum for the extensive list of renovations. The building was designed and built to have low maintenance and even lower expenses. Built with separate utilities, highly efficient heating and cooling heat pumps, as well as closed cell insulation on all outer walls, and Roxul insulation between every room for soundproofing. This investment property has been meticulously upgraded to ensure a superior living experience for tenants while minimizing upkeep for the owner. Each unit boasts contemporary finishes and functional layouts, making it a highly desirable residence in a thriving community. Please note open showings on Wednesday 8/21 from noon-1:30 PM. Please book your slot in ShowingTime.
$235,000
280 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 2,554
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1891
- Baths:
- 4.00
- MLS#:
- 1600801
View additional info
Courtesy: Spectrum Real Estate
207-805-3707
ADDITIONAL INFORMATION
** INVESTORS TAKE NOTICE ** Three units right outside of downtown Lewiston. The property sits on a corner lot right next to a beautifully maintained, low traffic park. All of the units boast screened in decks off the front of the house, with a breath taking view of the Androscoggin River. The third story unit has two spacious bedrooms and plenty of living space, while the other two units have three bedrooms. In 2022, a new egress stairway was built for the second and third story units, and a brand new metal roof was installed in June of this year. The first story unit is down to the studs and ready for a new owner to come in and finish what was started. Don't miss out on the opportunity to make this your own!
$1,600,000
163 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 19,584
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Baths:
- MLS#:
- 1599605
View additional info
Courtesy: CENTURY 21 Advantage
207-782-2121
ADDITIONAL INFORMATION
This property is currently in use as a 36 unit rooming house. 24 hour noticed required for showings. Please inquire with any further questions.
$899,000
220 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 12,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1901
- Baths:
- 10.00
- MLS#:
- 1598831
View additional info
Courtesy: Hebert Realty Group
207-369-0551
ADDITIONAL INFORMATION
10 unit building with all large 3 bedroom units. Can be purchased with 94 knox and 102-104 knox. Room to grow the rent amounts. Currently fully occupied.
$399,000
192 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 7,696
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1866
- Baths:
- 11.00
- MLS#:
- 1595879
View additional info
Courtesy: River's Edge Realty LLC
207-504-9723
ADDITIONAL INFORMATION
Investors take Note! Opportunity awaits you in this 11 unit brick multifamily, located in the heart of downtown Lewiston. This building is a blank canvas waiting for your finishing touches. With much of the old drywall removed the options are truly endless!
$399,000
135 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 3,600
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1891
- Baths:
- 5.00
- MLS#:
- 1593693
View additional info
Courtesy: F.O. Bailey Real Estate
207-781-1111
ADDITIONAL INFORMATION
Nice Lewiston 5 unit offering (3) 2 bedrooms + (2) 1 bedroom units w/ 5 car parking lot located in the part of town that has lots of development going on!
$319,900
142 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 3,086
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 1592156
View additional info
Courtesy: River's Edge Realty LLC
207-504-9723
ADDITIONAL INFORMATION
Amazing owner occupied opportunity centrally located in the heart of downtown Lewiston! This building offers 3 - 2 bedroom units located in the heart of downtown Lewiston, close to area amenities, hospitals, and schools, walking distance to shops, dining, arts and entertainment. Come check out all this property has to offer!
- Type:
- Multi-Family
- Sq.Ft.:
- 7,218
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1921
- Baths:
- 9.00
- MLS#:
- 1590292
View additional info
Courtesy: F.O. Bailey Real Estate
207-781-1111
ADDITIONAL INFORMATION
Nice 9 unit package that has had many capital improvements made such as lead abatement, kitchens, flooring, painting + rental increases w/ more upside as well. This two building portfolio offers (1) 1 bedroom, (4) 2 bedrooms + (4) 4 bedroom units. Please don't miss the opportunity to own an investment that has good cash flow + appreciation in one of the hottest markets in the state of Maine!
$695,000
715 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 11,793
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.24 Acres
- Year built:
- 1975
- Baths:
- 2.00
- MLS#:
- 1582751
View additional info
Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-782-8311
ADDITIONAL INFORMATION
Welcome to an extraordinary real estate opportunity that seamlessly blends business and living. This property features a thriving convenience store , diner/restaurant serving breakfast and lunch and seats 46, offering a steady income stream. Above the store are two apartments—a 1-bedroom and a 3-bedroom—providing living quarters for the owner and rental potential. In addition to the convenience store, the property includes four commissary kitchens for lease, ideal for culinary entrepreneurs. Large rooms at the back are available for rent, creating additional income from events or workshops. A bakery and a commercial ice area contribute to the property's diverse revenue streams. The property also boasts an above-ground pool for relaxation and ample parking in the front and back. A new furnace, roof, siding have been installed along with fresh paint, new freezer, new fridge and more. Don't miss out on the chance to own a property with multiple income streams and endless possibilities. Additional paperwork forthcoming. Also listed as Commercial MLS #1581679
$799,000
142 Street Lewiston, ME 04240
- Type:
- Multi-Family
- Sq.Ft.:
- 8,049
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.32 Acres
- Year built:
- 1881
- Baths:
- 3.00
- MLS#:
- 1586208
View additional info
Courtesy: Malone Commercial Brokers, Inc.
207-772-2422
ADDITIONAL INFORMATION
18-UNIT MULTIFAMILY BUILDING. 8,049± SF, 15 single room occupancy unit building with shared kitchens and bathrooms and an attached 3-unit building consisting of two-bedroom units. Located at the corner of College St and Holland St, close to downtown Lewiston. Fully occupied. Many recent upgrades including two boilers. Reputable property management in place and willing to stay on with next buyer. Financials are available upon signing a Confidentiality Agreement. See Broker for more information.
Lewiston Real Estate
The median home value in Lewiston, ME is $295,000. This is higher than the county median home value of $268,100. The national median home value is $338,100. The average price of homes sold in Lewiston, ME is $295,000. Approximately 47.14% of Lewiston homes are owned, compared to 47.43% rented, while 5.43% are vacant. Lewiston real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lewiston real estate agent to arrange a tour today!
Lewiston, Maine has a population of 36,615. Lewiston is less family-centric than the surrounding county with 25.82% of the households containing married families with children. The county average for households married with children is 28.32%.
The median household income in Lewiston, Maine is $48,069. The median household income for the surrounding county is $59,287 compared to the national median of $69,021. The median age of people living in Lewiston is 40.5 years.
Lewiston Weather
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 8.9 degrees. The average rainfall is approximately 47.7 inches per year, with 74.2 inches of snow per year.