8-Unit Apartment
New
For Sale
$720,000
198 Park Street, Lewiston, ME 04240
Multi-Family, Lewiston, ME
Property Size8,900 SF
Lot Size0.11 Acres
Price / SF$80.90
Days on Market4
Property Features for 198 Park Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
DR
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 4, Bathroom 6, Bathroom 3, Bathroom 7, Basement, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 8
Parking features
On Street
Patio and Porch features
Deck
Pets allowed
No
Interior features
Bathtub, Shower, Storage
Basement
Unfinished
Lot features
Level, Intown, Near Public Transit
Standard status
Active
Size
8,900 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7615
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Water source
Public
Building Details
Year built
1881
Floors in Building
4
Number of units
8
Flooring type
Wood, Linoleum
Building materials
Wood Frame, Vinyl Siding
Roof type
Flat, Membrane
Architectural style
High Rise
Additional Structures
Storage
Listing Agency:
Fontaine Family-The Real Estate Leader
(207) 784-3800
Listed By:
Charmaine Raby
(207) 577-1034
Added: Oct 3
Changed: Oct 4
Last Checked: Oct 6 at 9:06AM
MLS# 1683059
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8-unit apartment property at 198 Park Street has a mix of four two-bedroom and four one-bedroom units. The building is vacant and has newer siding and windows. Interior features include storage, wood and linoleum flooring, and a deck. Built in 1881, the wood-frame structure has baseboard heating fueled by natural gas and public water and sewer service.
The property occupies a 0.11-acre lot in Lewiston. Zoning is DR, and the building contains 8,900 square feet.
The property occupies a 0.11-acre lot in Lewiston. Zoning is DR, and the building contains 8,900 square feet.
Key Highlights
- Eight apartments: four 2‑bedroom units and four 1‑bedroom units
- Vacant building with newer siding and windows
- 8,900 square feet on a 0.11‑acre lot
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,508
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - The vacant property includes four two-bedroom apartments and four one-bedroom apartments.
Where is this apartment building located?
The property is located at 198 Park Street Lewiston, ME.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Eight apartments: four 2‑bedroom units and four 1‑bedroom units; Vacant building with newer siding and windows; 8,900 square feet on a 0.11‑acre lot
