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Four-Unit Property with Porches
For Sale
$565,000

7 Shawmut Street, Lewiston, ME 04240

Multi-Family, Lewiston, ME

Property Size5,720 SF
Lot Size0.23 Acres
Price / SF$98.78
Days on Market79

Property Features for 7 Shawmut Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MFU
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
Patio and Porch features Porch
Pets allowed No
Interior features Bathtub, Pantry, Shower
Basement Full, Unfinished
Lot features Sidewalks, Intown, Near Shopping, Near Public Transit
Standard status Active
Size 5,720 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3458

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Other (Heating), Hot Water(Heating)
Water source Public

Amenities

common areas
storage areas
garbage room
washer and dryer hookups
hardwood floors
tile in bathrooms
front porch
rear porches
storage room

Building Details

Year built 1920
Floors in Building 3
Number of units 4
Flooring type Tile - Ceramic, Hardwood
Building materials Wood Frame, Asbestos
Roof type Membrane
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Jay Weinberg · License #BA905386
Added: Jul 20 Changed: Sep 21 Last Checked: Oct 6 at 1:06PM
MLS# 1662695

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 5,720-square-foot quadplex, built in 1920, is configured with two one-bedroom apartments and two larger three-bedroom apartments. The one-bedroom units include washer and dryer hookups, while the three-bedroom units feature hardwood floors, ceramic tile bathrooms, generously sized bedrooms, large kitchens, and separate dining and living rooms. The three-bedroom apartments also provide front and rear porches, storage rooms, and dryer hookups.

The property occupies a 0.23-acre double lot at 7 Shawmut Street in Lewiston, Maine, with multiple parking spaces, common areas, storage areas, and a dedicated garbage room. Improvements include numerous upgrades completed over time, wood-frame construction, a membrane roof, natural-gas hot-water heating, and public water and sewer. The property is zoned MFU and is stated to meet current fire-code requirements.

Key Highlights

  • Four‑unit configuration with two 1‑bedroom and two 3‑bedroom apartments
  • 5,720 square feet on a 0.23‑acre double lot
  • Three‑bedroom units include front and rear porches plus storage rooms

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Butcher Florist Kitchen & Bath Showroom Storage Facility

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

4
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - MFU-zoned income property with varied unit layouts, resident storage, shared areas, and multiple on-site parking spaces.
Where is this quadplex located?
The property is located at 7 Shawmut Street Lewiston, ME.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Four‑unit configuration with two 1‑bedroom and two 3‑bedroom apartments; 5,720 square feet on a 0.23‑acre double lot; Three‑bedroom units include front and rear porches plus storage rooms
More about this property
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