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    Lewiston, ME
    Residential Income

    Lewiston, ME Residential Income Properties for Sale

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    Live-Work Property with Sunroom
    Updated: Jul 24
    Live-Work Property with Sunroom

    643 Main Street, Lewiston, ME 04240

    $350,000
    1,961 sqft 0.58 AC lot
    Flexible mixed residential/commercial layout with open living space plus up to four potential bedrooms on the second floor
    Second‑floor bedroom potential plus sunroom overlooking the side parking area for added usable space and natural light
    Full basement with garage bay and half bathroom for storage or workshop space
    Recent updates include new boiler, new roof, new siding, and updated electrical service
    1925 construction with wood frame and vinyl siding; shingle roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    643 Main Street, Lewiston, ME 04240

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $32K
      Annual

    • Mortgage

      $237K
      Jun 2022

    • Last Sold

      Jun 2022
      $249K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1925
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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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    Well-Maintained Quadplex with Porches
    Well-Maintained Quadplex with Porches

    7 Shawmut Street, Lewiston, ME 04240

    $595,000
    5,720 sqft 0.23 AC lot

    Four-unit multifamily property with multiple parking spaces, common areas, and storage, fully up to current fire codes.

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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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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    31 BOSTON AVE, Lewiston, ME 04240

    $595,000
    4,200 sqft

    Four-unit multifamily property with off-street parking, detached 2-car garage, and an unfinished basement with laundry hookups.

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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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    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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    Mixed-Use Property with Commercial Garages
    Mixed-Use Property with Commercial Garages

    1294 Sabattus Street, Lewiston, ME 04240

    $600,000
    1,960 sqft 1.51 AC lot

    3-bedroom home with open kitchen/dining, plus a commercial garage with two large bays on 1.51 acres.

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

    171 Walnut Street, Lewiston, ME 04240

    $425,000
    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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    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 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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    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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    Renovated Mixed-Use Fire Station
    Renovated Mixed-Use Fire Station

    188 Lincoln St, Lewiston, ME 04240

    $799,000
    5,554 sqft

    Mixed-use property with residential and commercial spaces, renovated in 2020.

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

    65 Cram Avenue, Lewiston, ME 04240

    $379,900
    1,630 sqft 0.20 AC lot

    Two-unit property with natural gas heat, updated first-floor kitchen, and original hardwood floors plus a detached two-car garage.

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    Three-Unit Multifamily Building
    Three-Unit Multifamily Building

    36 Nichols Street, Lewiston, ME 04240

    $469,000
    3,999 sqft 0.13 AC lot

    Three-unit income property with 3–4 bedroom, one-bath layouts and a detached garage for extra storage or parking.

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    Renovated Three-Unit Income Property
    Renovated Three-Unit Income Property

    128 Horton Street, Lewiston, ME 04240

    $530,000
    3,663 sqft

    Renovated three-unit building with two 3-bedroom units and one 2-bedroom unit, featuring new systems and move-in readiness.

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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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    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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    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 10-Unit Multifamily Building
    Renovated 10-Unit Multifamily Building

    37 Union Street, Lewiston, ME 04240

    $999,000
    14,400 sqft

    Turnkey 10-unit property with extensive interior renovations and new heating and hot water systems.

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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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    Three-Unit Multifamily Property with Garage
    Three-Unit Multifamily Property with Garage

    71 Warren Avenue, Lewiston, ME 04240

    $325,000
    1,720 sqft

    Triplex with studio, one-bedroom, and two-bedroom units; each has in-unit laundry, plus fenced yard and off-street parking.

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    Lewiston, ME Residential Income Properties Market Trends and Statistics

    Explore 71 residential income properties for sale in Lewiston, ME, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 291,754 square feet of properties for sale, with an estimated market value of $34,271,495.

    Sale prices for residential income properties in Lewiston, ME start at $229,000, averaging $835,890, 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

    Multifamily properties 42
    Duplexes 15
    Apartment buildings 10
    Triplexes 10
    Quadplexes 5

    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 $720.7K

    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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