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Fully Leased Multifamily Property
For Sale
$485,000

99 College Street, Lewiston, ME 04240

Lewiston, ME

Property Size5,957 SF
Price / SF$81.42
Days on Market151

Property Features for 99 College Street

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bathrooms 5
Full bathrooms 5
Standard status Active
Size 5,957 SF

Additional Details

Tenant in Place Yes

Building Details

Year built 1900
Listing Agency: Auburn, Maine · Better Homes and Gardens Real Estate
Listed By: Linda Davis
Added: Jun 9 Changed: Oct 28 Last Checked: Nov 6 at 12:06PM
MLS# 1666169

Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 5,957-square-foot multifamily property was built in 1900 and has had several updates. The building is fully rented, with established tenants in place.

Located at 99 College Street in Lewiston, Maine, the property has a stated 6.9% cap rate. The seller will consider some owner financing.

Key Highlights

  • 6.9% cap rate
  • 5,957‑square‑foot multifamily property
  • Fully rented with established tenants

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

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

Average Price Trend$/SF for Multifamily properties in Lewiston, ME

$146 Jul
$162 Aug
$131 Sep
$133 Oct

Properties on Market for Multifamily properties in Lewiston

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Existing tenants occupy the building, and updates have been completed.
Where is this multifamily property located?
The property is located at 99 College Street Lewiston, ME.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 6.9% cap rate; 5,957‑square‑foot multifamily property; Fully rented with established tenants
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Includes: Price & PSF · Cap rate · Location · Zoning

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