Listing Agency: F.O. Bailey Real Estate t**@tomsellsmaine.com Show Phone

Listed By: Thomas Gadbois · License #ME BA918504

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:17PM

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Investment Insights

Based on property information with market context.

This three-unit residential income property includes several recent improvements across the building. Updates include new siding, a replacement roof, most windows, and a deck. Interior common areas also received fresh paint and new drywall in the hallways.

Located at 153 Pine St in Lewiston, Maine, the property offers a compact multifamily configuration with three units and a documented history of building and common-area upgrades.

Key Highlights

• Three‑unit multifamily property
• New siding and roof
• Most windows have been replaced

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Butcher Cosmetic Store Garden Center

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

2,273

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Triplex - Three-unit property with improvements to the roof, siding, windows, deck, and hallway finishes.

Where is this triplex located?

The property is located at 153 Pine St Lewiston, ME.

What are key features of this property?

This property features: Three‑unit multifamily property; New siding and roof; Most windows have been replaced