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Well-Maintained Three-Unit Multifamily
For Sale
$499,000

56 Webster St, Lewiston, ME 04240

Three-unit multifamily featuring three 2-bedroom, 1-bath layouts suitable for long-term tenancy.

Days on Market9

Property Features for 56 Webster St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Year Built 1940
Listing Agency: The Boulos Company
Listed By: Derek Miller · License #BR928219
Source: Boulos
Added: Jul 23 Changed: Jul 24 Last Checked: Jul 30 at 5:04AM

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 The Boulos Company

Investment Insights

Based on property information with market context.

Well-maintained three-unit multifamily property offering three separate 2-bedroom, 1-bath layouts. The building provides a consistent unit mix across all three units.

The property is located in the heart of Lewiston, Maine, and is described as suited for stable, long-term tenancy.

With three units total, the asset is designed for buyers seeking a straightforward residential income structure with similar floorplans.

Key Highlights

  • Well‑maintained three‑unit multifamily
  • All units feature 2 bedrooms and 1 bathroom
  • Three 2‑bedroom, 1‑bath layouts suitable for stable, long‑term tenancy

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Plumbing Service Computer & Electronic Repair Garden Center (Bike/Boat/Book/etc) 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,495
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?
Triplex - Three-unit multifamily featuring three 2-bedroom, 1-bath layouts suitable for long-term tenancy.
Where is this triplex located?
The property is located at 56 Webster St Lewiston, ME.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Well‑maintained three‑unit multifamily; All units feature 2 bedrooms and 1 bathroom; Three 2‑bedroom, 1‑bath layouts suitable for stable, long‑term tenancy
More about this property
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