Courtesy: Keller Williams Realty
207-879-9800
Turnkey 10-unit investment opportunity in the heart of Lewiston. 37 Union Street has undergone an extensive renovation, with all ten apartments receiving significant interior updates including new flooring, updated kitchens, renovated bathrooms, fresh finishes, and modernized living spaces. The unit mix offers a strong blend of 1-bedroom, 2-bedroom, and 3-bedroom apartments, providing broad tenant appeal and helping reduce vacancy risk. Beyond the cosmetic improvements, major capital expenditures have already been completed. The property features two brand-new heating systems, two new hot water heaters, and a roof that has been professionally inspected and deemed to be in good condition. Investors can take comfort knowing many of the costly deferred maintenance items have already been addressed. Currently generating $12,613 per month in rental income, this asset offers immediate cash flow with the potential benefits of a fully stabilized and updated building. Many of the apartments showcase attractive hardwood floors, original architectural details, built-ins, and spacious layouts that tenants appreciate, while the updated systems help minimize future maintenance concerns. Conveniently located in Lewiston, residents enjoy easy access to local employers, restaurants, shopping, public transportation, and the ongoing redevelopment occurring throughout the city. The property is also just minutes from Bates College, Central Maine Medical Center, and the Auburn-Lewiston commercial corridor, making it a desirable location for a wide range of tenants. Whether you're looking to expand an existing portfolio or acquire a large multifamily property with substantial renovations already completed, 37 Union Street presents a rare opportunity to purchase a cash-flowing 10-unit building with major updates already in place.
Courtesy: The Maine Real Estate Experience
207-345-2207
Fantastic fully rented three unit with many upgrades including Radon System, New Roof, New porches and paved driveway. Tenants pay for heat and electric in all units which allows for lower rental amounts. Add to your investment portfolio or owner occupy!
Courtesy: Maine Home Connection
207-517-3100
Welcome to 153 Spring Street, a beautifully renovated multi-family property that has been completely remodeled from top to bottom. This turnkey investment or owner-occupied opportunity features extensive updates throughout, including a brand-new natural gas boiler, new roof, new siding, and stunning modern interior finishes. The spacious first-floor unit offers 2 bedrooms and an abundance of living space, including a formal dining room, a welcoming front entry room that is ideal for a home office, playroom, or flex space, and a bright eat-in kitchen featuring a new center island perfect for gathering and entertaining. The second-floor unit has been completely updated and features a comfortable 1-bedroom layout with fresh finishes and modern appeal throughout. With major systems and cosmetic improvements already completed, this property offers peace of mind and low-maintenance ownership for years to come. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, 153 Spring Street is ready for its next owner.
Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-782-8311
Attention investors! This income-producing property is ready for its next owner. With several updates already completed and the building fully rented, this is an excellent opportunity to add a performing asset to your portfolio from day one. Whether you're a seasoned investor looking to expand your holdings or just beginning to build your investment portfolio, this property offers immediate cash flow and long-term potential. Don't miss the chance to own a well-maintained investment property with established tenants already in place. No time like the present to invest--schedule your showing today and see the opportunity for yourself!
Courtesy: Kre Brokerage Group
207-781-2958
Add this solid 2-unit property to your investment portfolio or owner-occupy while generating rental income! This spacious multi-family offers two 3-bedroom units with large layouts, high ceilings, hardwood floors, dining rooms with built-ins, and excellent potential. New flooring in 2nd-floor apartment Fresh paint throughout 2nd unit All new 2nd-floor windows new decks with roofs. Front parking, backyard decks on both floors. The first-floor unit will be professionally cleaned and delivered vacant by July 1st, offering an excellent opportunity for owner-occupancy, or immediate rental income
Courtesy: Portside Real Estate Group
207-619-7571
Opportunity awaits in the heart of Lewiston! This well-located two-unit property offers exceptional flexibility, whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or enjoy the benefits of owner-occupancy. Conveniently situated near downtown amenities, local restaurants, shopping, parks, and major commuter routes, the location provides easy access to everything Lewiston has to offer. The first-floor unit offers 908 square feet with 2 bedrooms and 1 full bathroom, while the second unit spans two stories and features 1,478 square feet with 3 bedrooms and 1.5 bathrooms. With two spacious units and strong income potential, this property presents an excellent opportunity for investors and owner-occupants alike. A versatile property in a convenient location, ready to support a variety of ownership goals.
Courtesy: Keller Williams Realty
207-879-9800
OPEN HOUSES - Friday the 5th, from 4:30 - 6pm and Saturday the 6th, from 11am - 12pm Your next investment is already running smoothly. It is time to let your money work for you - not the other way around! 78 Howard Street is the kind of deal every investor is looking for. Already under professional management, with many major expenses already taken care of. But not so upgraded that it has lost any potential for value add. A new investor can make a few light changes, fill vacancy, and step into potential increased equity. Once filled at market rent you're looking at right around a 10% cap rate. The existing management team knows the property and wants to stay on. No hassle of interviewing management, trying to keep your records straight, or adding personnel to your current team to handle more units. At $585,000, this is an accessible entry point into Lewiston's growing rental market with a clear, low-effort path to full stabilization. Schedule your showing today!
Courtesy: Keller Williams Realty
207-879-9800
Apartment building turned into a single-family home. Spacious 5-bedroom, 3-bath home offering 2,658 square feet of living space on a generous 0.49-acre lot. Appraised in March 2026 for $454,000. Currently used as a single-family residence, this property is listed with the city as a two-family 2/3 bedrooms and can easily be converted back by reinstalling three interior doors. Owner is willing to pay $5,000 on a full price contract to convert back to a two-family and this creates excellent potential for multigenerational living or rental income. Large driveways, conveniently located just outside the city, you'll enjoy easy access to the turnpike, shopping, restaurants, Bates College, and many other local amenities. The fenced-in backyard is designed for both relaxation and recreation, featuring a deck, above-ground pool, heated chicken coop, raised garden beds, and plenty of outdoor space to enjoy. A standout feature of this property is the fully insulated barn, offering endless opportunities for entertainment, hobbies, storage, a workshop, home business, or creative space. Additional storage can be found above and below the barn. Recent updates include all new windows and PEX plumbing installed in the basement and master bedroom and reading room recently added, providing added peace of mind. Whether you are looking for a spacious single-family home, investment potential, or room to pursue your passions, this unique property offers flexibility, functionality, and exceptional value.
Courtesy: Meservier & Associates
207-784-2525
Investors take notice of this 2 unit with long term tenants and excellent rental history. The 1st floor features 2 bedrooms, 1 bath and laundry. The 2nd floor has 1 bedroom and 1 bath. Seller has maintained the property very well. No need to do anything here. Fenced in yard, appliances included, vinyl siding, replacement windows. The chimney was also recently sleeved and capped.
Courtesy: Coldwell Banker Realty
207-773-1990
Excellent Opportunity: A very well maintained 4 unit on a double lot with multiple parking spaces, nice common areas, storage areas and garbage room, 100% up to all current fire codes, plus numerous upgrades completed over time, and the same ownership for over 20 years. It is a good mix of units you have two 1 bedrooms both with good layouts and washer and dryer hookups in the units. Then 2 large 3 bedrooms with a with a lot of the original trim and moldings which overall are in quite good condition, hardwood floors, tile in the bathrooms, good size bedrooms, large kitchen, beautiful large dining room and living room, and washer hookups. Also both of the 3 units have a small front porch, large rear porches, and a storage room with a dryer hookup. It is a very strong overall package.
Courtesy: Real Broker
207-272-3984
Welcome to 174 Bartlett Street. This property boasts strong rental history, a convenient downtown location and updated systems. Buyer has the flexibility to move in and live or to fully rent the building. Don't miss this opportunity to invest.
Courtesy: The Dunham Group
207-773-7100
We are pleased to present 127 Howe Street for sale - a five-unit market-rate multi-family asset located in the heart of downtown Lewiston, Maine. Comprising two detached wood-frame buildings on a 0.31± acre parcel, the property combines a strong in-place income stream with meaningful value-add upside through its substantial surplus land area. The property consists of a front building (three units, 2-3 stories) and a fully gut-renovated rear building (two units), constructed circa 1896 and extensively updated beginning in 2021. All five units are two-bedroom/one-bath configurations of varying sizes. Unit interiors are in good condition, with the rear building reflecting above-average condition following a complete renovation from the studs, including new plumbing, electrical, flooring, and modern bathroom tile surrounds. The front building has received select updates to flooring and mechanicals. The property presents a compelling combination of near-term income stability and longer-term development optionality - rare in the current Lewiston/Auburn multifamily market.
Courtesy: Keller Williams Realty
207-879-9800
Well-maintained and updated 8-unit multifamily in a strong Lewiston rental market, offering a mix of stability and upside. The property features a diverse unit mix of (2) one-bedroom, (4) two-bedroom, and (2) three-bedroom units - positioning it well to attract a broad tenant base and reduce vacancy risk. The property has seen a mix of major exterior capital improvements and ongoing interior upgrades. Key components including the roof, siding, and heating system have been updated, helping reduce near-term capital expenditure risk. Several units have been renovated with updated kitchens, flooring, and interior finishes, supporting strong tenant demand and rental performance, while leaving additional units available for future improvements and continued rent growth. The property offers off-street parking for all units and benefits from Lewiston's continued rental demand and limited supply of larger multifamily assets. With a solid operational foundation already in place, this is a turnkey opportunity for investors seeking dependable cash flow with the ability to further optimize rents and increase long-term value. Whether you're scaling an existing portfolio or acquiring a stabilized asset in a growing market, this building checks the boxes for both performance and potential.
Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-782-8311
Stunning Owner-Occupied Opportunity - Spacious 3-Unit Property with Exceptional Features Absolutely beautiful and well-maintained three-unit property, ideal for owner occupancy or investment. The first-floor unit offers exceptional living space with 2-3 bedrooms, 1.5 baths, (one bedroom has the 1/2 bath) gleaming hardwood floors, a heated sun porch, dedicated laundry area, a huge walk-in pantry, and direct basement access. Enjoy indoor-outdoor living with a slider off the kitchen leading to a private deck, along with a charming covered front porch. The two additional units are thoughtfully designed one-bedroom apartments, each featuring stackable washer/dryer units, private porch access, and their own garage bay--making them highly desirable for tenants. Situated on just over half an acre, this property truly stands out with its extensive outdoor and auxiliary space. Highlights include a massive three-car garage with approximately 840 sq. ft. of space above--perfect for potential ADU conversion--as well as a 1,063 sq. ft. outbuilding that was formerly used as a shop and includes an additional garage bay. The property also boasts a large, paved driveway with five marked parking spaces, a separate paved area to the left of the home for RV parking, garden beds, and a brand-new hot water boiler installed in 2025. A rare opportunity offering space, flexibility, and income potential--all in one impressive package.
Courtesy: Elevate Maine Realty
207-331-4565
Centrally located multi-unit property offering a great opportunity for owner-occupants or investors. The home has been remodeled and now features a finished basement unit that has operated successfully as an Airbnb and comes fully furnished. The main level was previously rented and has recently been updated with beautiful finishes, large bedrooms, and plenty of natural light throughout. The property offers two driveways with ample off-street parking and flexible living options. Located in a convenient Lewiston neighborhood with a great mix of neighbors and easy access to local amenities, restaurants, and downtown living. A perfect opportunity for multi-family living, rental income, or extended family arrangements. The possibilities here are truly endless.
Courtesy: Rockstar Real Estate
207-317-1338
Excellent mixed-use structure, attractively priced, featuring a commercial storefront on the ground floor and two fully rented units above. Situated in the business district of Lewiston, this is an opportunity you do not want to overlook! Whether for a restaurant or a coffee shop, the possibilities are limitless; the hood system is currently disconnected but can be reactivated. Operate your business on the ground floor while earning rental income from the upper units.
Courtesy: Maine Real Estate Pros
207-200-8759
Lewiston two unit offering 3 bedrooms each and 1 full bathroom in each. Each unit could be rented for $1,500+/- each. Currently the second floor is empty and first floor is rented for just $900. A brand new roof just put on at the end of August 2025. New siding and lots of remodeling recently completed including second floor newly sanded hardwood floors.
Courtesy: Breakwater Realty Group, LLC
207-712-4041
Charming Victorian Two-Unit in the Heart of Lewiston - Income-Producing Opportunity Discover this beautifully maintained Victorian-style two-unit property offering 3,726 square feet of character, functionality, and investment potential. Located on the corner of Main and Riverside, this stately building features two spacious apartments—perfect for owner-occupancy, rental income, or multi-generational living. Each unit boasts generous living space, high ceilings, abundant natural light, and preserved period details that showcase the home's timeless charm. Updated systems provide modern comfort while maintaining its historic appeal. The property includes: Expansive living areas with classic woodwork, multiple bedrooms, and full bath; Private upper-level apartment with flexible layout. Convenient location near shops, schools, and commuter routes. Whether you're an investor seeking strong rental potential or a homeowner looking to offset your mortgage with rental income, this property offers an ideal blend of elegance, practicality, and prime location. First Floor STR tenant in place. Don't miss this rare chance to own a stunning Victorian two-unit in one of Lewiston's most accessible neighborhoods! Property can also be purchased as single family. See MLS # 1630932
Lewiston is located in Maine. Lewiston, Maine has a population of 36,615. Lewiston is less family-centric than the surrounding county with 25.82% of the households containing married families with children. The county average for households married with children is 28.32%.
The median household income in Lewiston, Maine is $48,069. The median household income for the surrounding county is $59,287 compared to the national median of $69,021. The median age of people living in Lewiston is 40.5 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 8.9 degrees. The average rainfall is approximately 47.7 inches per year, with 74.2 inches of snow per year.
