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4-Unit Quadplex
For Sale
$400,000

5 Cottage Street, Lewiston, ME 04240

Lewiston, ME

Property Size4,990 SF
Price / SF$80.16
Days on Market29

Property Features for 5 Cottage Street

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bathrooms 4
Full bathrooms 4
Standard status Active
Size 4,990 SF

Building Details

Year built 1940
Listing Agency: Auburn, Maine · Better Homes and Gardens Real Estate
Listed By: Travis Bashaw
Added: Aug 3 Changed: Aug 27 Last Checked: Aug 31 at 6:06AM
MLS# 1674599

Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1940, this 4,990-square-foot multifamily property contains four residential units: three with two bedrooms and one with a single bedroom. Each apartment has dedicated electric service, and the units are currently vacant. The property also provides off-street parking.

Located at 5 Cottage Street in Lewiston, the building is near local town amenities. Its existing four-unit configuration, varied bedroom mix, and current vacancy status provide a clear starting point for new ownership.

Key Highlights

  • Four‑unit multifamily property with 3 two‑bedroom units and 1 one‑bedroom unit
  • 4,990 square feet of building area
  • All 4 units currently vacant

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Plumbing Service Florist Wine and Liquor Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,546
Businesses Nearby

Demographics for 04240, ME

37,121
Population
16,852
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
34.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$56,558
Median Household Income
$36,734
Median Earnings
$954
Median Rent
$214,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - The property includes three two-bedroom apartments and one one-bedroom apartment, all currently vacant.
Where is this quadplex located?
The property is located at 5 Cottage Street Lewiston, ME.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four‑unit multifamily property with 3 two‑bedroom units and 1 one‑bedroom unit; 4,990 square feet of building area; All 4 units currently vacant
More about this property
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