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5-Unit Apartment Building
For Sale
$485,000

139 Oak St, Lewiston, ME 04240

Multifamily property with varied unit sizes near downtown Lewiston amenities and transportation routes.

Property Size6,680 SF
Price / SF$72.60
Days on Market47

Property Features for 139 Oak St

General Information

Standard status Active
Size 6,680 SF
Property subtype Multi-Family

Units

Unit Mix 3 x 1BR, 1 x 2BR, 1 x 3BR
Multifamily Units 5

Building Details

Year Built 1891
Listed By: Kathy Gallant
Source: Gre207
Added: Sep 1 Changed: Oct 10 Last Checked: Oct 16 at 9:03AM

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 Kathy Gallant

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Investment Insights

Based on property information with market context.

This 5-unit apartment building contains 6,680 square feet and was built in 1891. The unit mix includes three one-bedroom apartments, one two-bedroom apartment, and one three-bedroom apartment, creating a range of residential configurations within one property. An established rental history is also noted.

The property is located at 139 Oak St in Lewiston, near downtown and within reach of shopping, dining, employment opportunities, and major transportation routes. Its downtown-adjacent setting and diversified unit mix provide the principal physical and locational characteristics of the asset.

Key Highlights

  • 5‑unit apartment building with 6,680 square feet
  • Unit mix: 3 one‑bedroom, 1 two‑bedroom, and 1 three‑bedroom apartment
  • Built in 1891

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Pet Grooming Service Butcher Florist Storage Facility

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,973
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
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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?
Apartment building - Multifamily property with varied unit sizes near downtown Lewiston amenities and transportation routes.
Where is this apartment building located?
The property is located at 139 Oak St Lewiston, ME.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 5‑unit apartment building with 6,680 square feet; Unit mix: 3 one‑bedroom, 1 two‑bedroom, and 1 three‑bedroom apartment; Built in 1891
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