5-Unit Apartment
For Sale
Contact for pricing
216 East Ave, Lewiston, ME 04240
Maintained mixed-use building with residential units, a business tenant, enclosed storage, porches, and a detached garage.
Property Size4,944 SF
Days on Market142
Property Features for 216 East Ave
General Information
Standard status
Active
Size
4,944 SF
Total Parking Spaces
3
Property subtype
Multifamily
Units
Unit Mix
2 x 1BR, 1 x 2-3BR, 1 x efficiency
Multifamily Units
4
Amenities
enclosed storage
porches
Building Details
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Bearfoot Realty
Listed By:
Pamela Sessions · License #Maine
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 3:20PM
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 Bearfoot Realty
Investment Insights
Based on property information with market context.
This 4,944-square-foot apartment building contains five units: one business space, two one-bedroom apartments, one two- to three-bedroom apartment, and one efficiency. Enclosed storage and attached porches serve the first-floor rear, second-floor, and third-floor rear units. The property also includes a three-car garage, with one space used by the landlord and two assigned to a second-floor tenant.
Professional lead abatement was completed in 2019. The windows are vinyl and predate the current ownership. After an accident-related power surge on East Ave damaged the boiler, Powell's Heating rebuilt it. The building is near shopping and entertainment in Lewiston.
Professional lead abatement was completed in 2019. The windows are vinyl and predate the current ownership. After an accident-related power surge on East Ave damaged the boiler, Powell's Heating rebuilt it. The building is near shopping and entertainment in Lewiston.
Key Highlights
- Five‑unit configuration with one business space and four residential units
- 4,944‑square‑foot maintained apartment building
- Unit mix includes two 1‑bedroom apartments, one 2- to 3‑bedroom apartment, and one efficiency
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
759
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Maintained mixed-use building with residential units, a business tenant, enclosed storage, porches, and a detached garage.
Where is this apartment building located?
The property is located at 216 East Ave Lewiston, ME.
What are key features of this property?
This property features: Five‑unit configuration with one business space and four residential units; 4,944‑square‑foot maintained apartment building; Unit mix includes two 1‑bedroom apartments, one 2- to 3‑bedroom apartment, and one efficiency
