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8-Unit Apartment Building
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308-310 Bates Street, Lewiston, ME 04240

Fully rented property with three-bedroom residences, select kitchen updates, and project-based HAP support.

Property SizeContact for details
Days on Market143

Property Features for 308-310 Bates Street

General Information

Standard status Active
Property subtype Multifamily, Land
Occupancy 100%

Additional Details

Multifamily Units 8
Listing Agency: CENTURY 21 Advantage Lewiston
Listed By: Laura Drinkwater · License #ME
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:09PM

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 CENTURY 21 Advantage Lewiston

Investment Insights

Based on property information with market context.

This 8-unit apartment property in Lewiston is fully rented, with three bedrooms in each residence. The improvements include a newer roof, newer fire escapes, natural gas service, and an updated security system. Most apartments have renovated kitchens, and the property includes ample parking.

The property also has a generator transfer system and a Section 8 HAP Contract for Project Based Vouchers, providing an established operating framework for the apartments.

Key Highlights

  • Fully rented 8‑unit apartment property
  • Three bedrooms in each unit
  • Section 8 HAP Contract for Project Based Vouchers

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Storage Facility Carpet & Flooring Store Garden Center Catering Service Butcher

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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,276
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

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?
Apartment building - Fully rented property with three-bedroom residences, select kitchen updates, and project-based HAP support.
Where is this apartment building located?
The property is located at 308-310 Bates Street Lewiston, ME.
What are key features of this property?
This property features: Fully rented 8‑unit apartment property; Three bedrooms in each unit; Section 8 HAP Contract for Project Based Vouchers
(207) 212-8633 Call to check price and availability
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