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8-Unit Apartment Building

151 Horton Street, Lewiston, ME 04240

For Sale
$799,000

The unit mix includes one-, two-, and three-bedroom apartments, with off-street parking provided for every unit.

Property Size7,920 SF
Price / SF$100.88
Days on Market195

Property Features for 151 Horton Street

General Information

Standard status Active
Size 7,920 SF
Property subtype Multi Family Home
Zoning DR

Units

Unit Mix 2 x 1BR, 4 x 2BR, 2 x 3BR
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $5,381

Building Details

Building Size 7,920 SF
Year Built 1896
Stories 3
Units 8
Listing Agency: Keller Williams Realty
Listed By: Daniel Weber Nicholas Laverriere
Source: Integrityhomesrealestategroup
Added: May 4 Changed: Nov 12 Last Checked: Nov 12 at 11:18PM

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.

Located at 151 Horton Street in Lewiston, this 7,920-square-foot apartment building contains eight units: two one-bedroom apartments, four two-bedroom apartments, and two three-bedroom apartments. The property was built in 1896 and is zoned DR. Off-street parking is available for all eight units.

Exterior work includes updates to the roof, siding, and heating system. Several apartments have also received interior improvements, including kitchen, flooring, and finish updates. The building therefore combines a varied apartment mix with improvements to both exterior components and select interiors.

Key Highlights

  • Eight apartments: two one‑bedroom, four two‑bedroom, and two three‑bedroom units
  • 7,920‑square‑foot building constructed in 1896
  • Off‑street parking serves all units

Property Analytics

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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,708
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 - The unit mix includes one-, two-, and three-bedroom apartments, with off-street parking provided for every unit.
Where is this apartment building located?
The property is located at 151 Horton Street Lewiston, ME.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Eight apartments: two one‑bedroom, four two‑bedroom, and two three‑bedroom units; 7,920‑square‑foot building constructed in 1896; Off‑street parking serves all units
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