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10-Unit Apartment Building
For Sale
$969,000

37 Union Street, Lewiston, ME 04240

MULTI_FAMILY - Lewiston, ME

Property Size14,400 SF
Lot Size0.12 Acres
Price / SF$67.29
Days on Market22

Property Features for 37 Union Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 10
Full bathrooms 10
Rooms Bathroom 5, Bathroom 8, Bathroom 7, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 6, Basement, Bathroom 9, Bathroom 10
Parking features Off Street
Basement Finished, Partial, Unfinished
Lot features Open, Level, Near Turnpike/ Interstate, Near Town, Neighborhood
Standard status Active
Size 14,400 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6454

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Water source Public

Building Details

Year built 1916
Number of units 10
Flooring type Vinyl, Wood
Building materials Wood Frame, Vinyl Siding
Roof type Flat, Membrane
Listing Agency: Keller Williams Realty
Listed By: Daniel Weber Nicholas Laverriere
Added: Jul 15 Changed: Aug 1 Last Checked: Aug 5 at 10:06PM
MLS# 1667692

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 renovated 10-unit apartment building offers a unit mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, designed to appeal to a broad range of tenants. 37 Union Street has undergone extensive interior updates across all ten apartments, including new flooring, updated kitchens, renovated bathrooms, fresh finishes, and modernized living spaces. Beyond cosmetic improvements, major capital expenditures have been completed, including two brand-new heating systems, two new hot water heaters, and a roof that has been professionally inspected and deemed to be in good condition.

The building is constructed with wood frame and vinyl siding and features natural gas baseboard heat. Flooring includes vinyl and wood finishes. Public water and public sewer services support the property, and parking is available off-street. The roof is flat with a membrane system, and the building was constructed in 1916.

Located in Lewiston (Androscoggin County), the property provides convenient access to local employers, restaurants, shopping, public transportation, and ongoing redevelopment throughout the city. It is also minutes from Bates College and Central Maine Medical Center, as well as the Auburn-Lewiston commercial corridor.

Key Highlights

  • Renovated interior updates across all ten apartments: new flooring, updated kitchens, renovated bathrooms, fresh finishes
  • Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom apartments
  • Two brand‑new heating systems and two new hot water heaters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Plumbing Service Butcher Florist Pet Grooming Service

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

10
Residential units

Location Intelligence

Trade Area within ½ mile

2,245
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 - Renovated 10-unit apartment building with two new heating systems and public utilities on off-street parking.
Where is this apartment building located?
The property is located at 37 Union Street Lewiston, ME.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: Renovated interior updates across all ten apartments: new flooring, updated kitchens, renovated bathrooms, fresh finishes; Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom apartments; Two brand‑new heating systems and two new hot water heaters
More about this property
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