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    Lewiston, ME
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    Lewiston, ME Multifamily Properties for Sale

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    Well-Maintained Quadplex with Porches
    Updated: Jun 18
    Well-Maintained Quadplex with Porches

    7 Shawmut Street, Lewiston, ME 04240

    $595,000
    5,720 sqft 0.23 AC lot
    4‑unit residential building built in 1920, constructed with wood frame and includes asbestos as a construction material
    Public utilities: public water and public sewer
    Hardwood and ceramic tile flooring, with bathrooms featuring bathtub, shower, and pantry space
    Roof type: membrane; heating includes natural gas plus hot water heating
    Multiple porches and parking, plus common areas, storage areas, and a dedicated garbage room
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    This listing looks promising.

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    7 Shawmut Street, Lewiston, ME 04240

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $54K
      Annual

    • Price @ 7% Cap

      $766K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1920
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    Updated 8-Unit Multifamily Building
    Updated: Jul 13
    Updated 8-Unit Multifamily Building

    151 Horton Street, Lewiston, ME 04240

    $799,000
    7,920 sqft 0.22 AC lot
    8‑unit multifamily with a unit mix of (2) 1‑bedroom, (4) 2‑bedroom, and (2) 3‑bedroom units
    Roof is flat with membrane roofing; exterior includes wood frame construction and vinyl siding
    Heating includes natural gas, hot water heating, and baseboard systems
    Several units feature renovations with updated kitchens, flooring, and interior finishes
    Public water and public sewer service
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    Renovated 10-Unit Apartment Building
    Renovated 10-Unit Apartment Building

    37 Union Street, Lewiston, ME 04240

    $969,000
    14,400 sqft 0.12 AC lot

    Turnkey 10-unit multifamily property with renovated interiors and newly installed heating systems and hot water heaters.

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    Updated 6-Unit Apartment Building
    Updated 6-Unit Apartment Building

    125 Pierce Street, Lewiston, ME 04240

    $650,000
    5,734 sqft 0.10 AC lot

    Six-unit multifamily property with updated interiors, newer roof, and renovated outside porches and siding.

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    Multifamily Property for Sale
    Multifamily Property for Sale

    78 Howard Street, Lewiston, ME 04240

    $570,000
    7,200 sqft 0.11 AC lot

    Multifamily income property for sale at 78 Howard Street with professional management and DR zoning.

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    Brick Multifamily Residential Building
    Brick Multifamily Residential Building

    19 Wood Street, Lewiston, ME 04240

    $7,350,000
    57,362 sqft 1.32 AC lot

    Brick apartment building offering 45 residential units with on-site parking and recent elevator and roof replacements.

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    Two-Family Conversion Ready Home
    Two-Family Conversion Ready Home

    533 Webster Street, Lewiston, ME 04240

    $449,000
    2,658 sqft 0.49 AC lot

    Spacious 5-bedroom, 3-bath residence listed as two-family, with barn and multiple recent interior updates.

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    Three-Unit Multifamily on Double Lot
    Three-Unit Multifamily on Double Lot

    171 Walnut Street, Lewiston, ME 04240

    $450,000
    3,124 sqft 0.22 AC lot

    Well-maintained three-unit building with in-unit laundry, generous storage, and off-street parking on a double lot.

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    Duplex with Detached Two-Car Garage
    Duplex with Detached Two-Car Garage

    65 Cram Avenue, Lewiston, ME 04240

    $389,900
    1,630 sqft 0.20 AC lot

    Two-unit duplex offering five total bedrooms, a newer natural-gas boiler, and original hardwood floors plus a detached two-car garage.

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    Lewiston Four-Unit Multifamily Property
    Lewiston Four-Unit Multifamily Property

    56 Wood Street, Lewiston, ME 04240

    $479,900
    6,224 sqft 0.11 AC lot

    Four-unit property in Lewiston's heart, near downtown amenities.

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    Well-Maintained Three-Unit Investment Property
    Well-Maintained Three-Unit Investment Property

    24 Sylvan Avenue, Lewiston, ME 04240

    $479,900
    2,360 sqft 0.11 AC lot

    Three-unit building with updated exterior, energy-efficiency improvements, and rear off-street parking plus coin-operated laundry.

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    Remodeled Two-Unit Multi-Family Home
    Remodeled Two-Unit Multi-Family Home

    230 Oak Street, Lewiston, ME 04240

    $289,000
    1,022 sqft 0.13 AC lot

    Fully remodeled two-unit home with 1-bedroom/1-bath layouts, newer roof, updated furnace, and a private backyard.

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    Triplex with Backyard and Garage
    Triplex with Backyard and Garage

    79 Dow Avenue, Lewiston, ME 04240

    $335,000
    2,276 sqft 0.21 AC lot

    Well-kept three-unit property with a backyard, garage, and laundry hookups, with two units recently updated.

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    Two-Unit Duplex on Double Lot
    Two-Unit Duplex on Double Lot

    38 Jefferson Street, Lewiston, ME 04240

    $329,000
    2,181 sqft 0.18 AC lot

    Freshly updated two-unit duplex with natural gas service, double lot parking, and possible ADU eligibility to confirm with the city.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    71 Warren Avenue, Lewiston, ME 04240

    $325,000
    1,720 sqft 0.18 AC lot

    Three-unit rental property with in-unit laundry, off-street parking, and a fenced yard.

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    Renovated Two-Unit Cape Cod
    Renovated Two-Unit Cape Cod

    153 Spring Street, Lewiston, ME 04240

    $299,000
    1,555 sqft 0.11 AC lot

    Completely remodeled two-unit Cape Cod offers updated interiors, new roof and siding, plus a new natural gas boiler.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    117 Shawmut Street, Lewiston, ME 04240

    $380,000
    2,350 sqft 0.11 AC lot

    Two 3-bedroom units with large layouts, high ceilings, and recent updates, plus front and rear deck space.

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    3-Unit Multi-Family Property
    3-Unit Multi-Family Property

    16 Howe Street, Lewiston, ME 04240

    $459,000
    3,930 sqft 0.08 AC lot

    Recently updated 3-unit property with new siding, updated interiors, off-street parking, and two currently vacant units.

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    Lewiston Multifamily Property For Sale
    Lewiston Multifamily Property For Sale

    15 Howe Street, Lewiston, ME 04240

    $289,000
    2,512 sqft 0.11 AC lot

    Two-unit property in Lewiston with recent renovations and income potential.

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    Well-Maintained Four-Unit Multifamily Property
    Well-Maintained Four-Unit Multifamily Property

    7 Shawmut Street, Unit 4, Lewiston, ME 04240

    $595,000
    5,720 sqft

    Four-unit multifamily property with upgrades, parking, and storage.

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    Renovated Brick Multifamily Building
    Renovated Brick Multifamily Building

    19 Wood Street, Lewiston, ME 04240

    $7,350,000
    57,632 sqft

    45-unit apartment community with on-site parking, new elevator upgrades, and substantial unit renovations throughout.

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    Lewiston Multifamily Building For Sale
    Lewiston Multifamily Building For Sale

    125 Pierce St, Lewiston, ME 04240

    $750,000
    5,734 sqft

    Six-unit apartment building in Lewiston's revitalization area.

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    Managed Apartment Investment Opportunity
    Managed Apartment Investment Opportunity

    78 Howard Street, Lewiston, ME 04240

    $585,000
    7,200 sqft

    Professionally managed multifamily property in Lewiston offered with an investor-friendly path toward stabilization.

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    Two-Unit Residential Duplex
    Two-Unit Residential Duplex

    89 Oak Street, Lewiston, ME 04240

    $229,000
    1,413 sqft

    Duplex with two occupied apartments, fenced yard, and updated exterior features, offering a straightforward rental setup.

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    Lewiston, ME Multifamily Properties Market Trends and Statistics

    Explore 53 multifamily properties for sale in Lewiston, ME, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 201,855 square feet of properties for sale, with an estimated market value of $24,595,600.

    Sale prices for multifamily properties in Lewiston, ME start at $229,000, averaging $1,069,373, and reaching up to $7,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 9
    Apartment buildings 8
    Triplexes 5
    Quadplexes 3

    Demographics Overview

    Population 38K
    Population Growth (5Y) +5.0%
    Median Household Income $56,558
    College Educated 9.9%

    High-Yield Neighborhoods for Investment

    Identify Lewiston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04240 $732.4K

    Taxes & Financing

    Tax Rate (average for all types) 3.00%
    Property Tax per SF $42.16 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Androscoggin County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lewiston fall within the 100,000+ square foot range.

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