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Multifamily Renovation Property
For Sale
$49,900

11 King Avenue, Lewiston, ME 04240

A largely stripped interior allows a buyer to plan a comprehensive rehabilitation.

Property Size1,868 SF
Lot Size0.13 Acres
Price / SF$26.71
Days on Market206

Property Features for 11 King Avenue

General Information

Standard status Active
Size 1,868 SF
Lot size 0.13 Acres
Property subtype Multi Family Home
Zoning NCA

Property Condition

Severity Major Repairs Needed
Evidence largely gutted

Taxes and HOA fees

Annual Taxes $2,443

Amenities

semi-private backyard

Building Details

Building Size 1,868 SF
Year Built 1917
Listing Agency: Keller Williams Realty
Listed By: Brian DuBois · License #BA918608
Source: Amerorealty
Added: Apr 10 Changed: Oct 31 Last Checked: Oct 31 at 2:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Rey
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Investment Insights

Based on property information with market context.

Built in 1917, this 1,868-square-foot multifamily property sits on a 0.13-acre lot in Lewiston. Much of the interior has been removed, and substantial rehabilitation is needed; plumbing, electrical, and insulation work can be planned as part of the renovation. The property is offered as-is and is zoned NCA.

Off-street parking and a semi-private backyard are among the existing site features.

Key Highlights

  • 1,868‑square‑foot multifamily property on a 0.13‑acre lot
  • Built in 1917; offered as‑is
  • Interior largely stripped, with substantial rehabilitation required

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

399
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A largely stripped interior allows a buyer to plan a comprehensive rehabilitation.
Where is this multifamily property located?
The property is located at 11 King Avenue Lewiston, ME.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: 1,868‑square‑foot multifamily property on a 0.13‑acre lot; Built in 1917; offered as‑is; Interior largely stripped, with substantial rehabilitation required
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