Triplex with Backyard and
79 Dow Avenue Lewiston, ME 04240
New
79 Dow Avenue, Lewiston, ME, 04240
$335,000
For Sale
$335,000
MULTI_FAMILY - Cape Cod - Lewiston, ME
Property Size2,276 SF
Lot Size0.21 Acres
Price / SF$147.19
Days on Market1
Property Features for 79 Dow Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- nca
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 1, Basement, Bathroom 3
- Patio and Porch features
- Porch, Deck
- Interior features
- 1st Floor Bedroom, Shower, Storage
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 2,276 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3174
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1916
- Number of units
- 3
- Flooring type
- Plank, Vinyl
- Building materials
- Wood Frame, Aluminum Siding
- Roof type
- Shingle
- Architectural style
- Cape Cod
- Additional Structures
- Storage
Listing Agency
CENTURY 21 Advantage
(207) 782-2121
506 Main Street, Lewiston, ME
Listed by
Roy L'Italien Jr.
(207) 754-6789
Added: Jul 16 Checked: Jul 16 at 4:06 pm
MLS# 1671166
Listing URL
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 well-kept three-unit triplex offers a practical layout for residential income use. The property includes a nice backyard, a garage, and laundry hookups. Two of the three units have recently been updated, providing improved interior finishes and functionality within the building. The remaining unit has not been described as updated in the provided information.
The property is located at 79 Dow Avenue in Lewiston, Maine (04240), in Androscoggin County. Zoning is listed as NCA.
The building size is 2,276 square feet, sitting on a 0.21-acre lot. For additional details on the updates and current condition of each unit, contact the listing broker, Roy L’Italien.
The property is located at 79 Dow Avenue in Lewiston, Maine (04240), in Androscoggin County. Zoning is listed as NCA.
The building size is 2,276 square feet, sitting on a 0.21-acre lot. For additional details on the updates and current condition of each unit, contact the listing broker, Roy L’Italien.
Key Highlights
- 3‑unit property in Lewiston with a well‑kept backyard and garage
- 2 of 3 units recently updated
- Year built 1916 with Cape Cod architectural style
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.5k | $14.28 |
| − Vacancy | −$432 | −$0.19 |
| EGI | $32.1k | $14.09 |
| − OpEx | −$9.6k | −$4.23 |
| NOI | $22.4k | $9.86 |
2,276 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$320.7K
$280.6K – $374.1K
NOI $22,448 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$304.7K
$266.6K – $355.5K
NOI $21,328 @ 7.0% cap · market cap 6.37%
Theoretical Best
Warehouse
$4.04M
$3.54M – $4.72M
NOI $282,964 @ 7.0% cap · market cap 84.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Well-kept three-unit property with a backyard, garage, and laundry hookups, with two units recently updated.
Where is this triplex located?
The property is located at 79 Dow Avenue Lewiston, ME.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 3‑unit property in Lewiston with a well‑kept backyard and garage; 2 of 3 units recently updated; Year built 1916 with Cape Cod architectural style
