This 6 unit multifamily investment offering includes two triple-deckers plus a neighboring lot currently used for extra off-street parking—Potentially buildable or could be sold off. Motivated seller, make an offer. Each unit is separately metered with new heat pumps, and heat pump hot water heaters, keeping operating costs predictable and efficient. Both buildings are fully lead-abated wit excellent cash flow and rental history with room for upward growth. Whether you're expanding your portfolio or looking for a high-yield investment, this property is a must-see!
Closed
$575,000
126 Pierce Street, Lewiston, ME 04240
12beds
5,029sqft
Multi Family
Built in 1893
-- sqft lot
$-- Zestimate®
$114/sqft
$1,632 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,632/mo
Zestimate® history
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$2,915/mo
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Zillow last checked:
Listing updated:
Listed by:
RE/MAX Riverside 207-406-0063
Bought with:
Keller Williams Realty
Keller Williams Realty
Source: Maine Listings,MLS#: 1618455
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Heat Pump
Cooling
- Heat Pump
Features
- Storage
- Flooring: Vinyl, Wood
- Basement: Interior Entry,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,029
- Total interior livable area: 5,029 sqft
- Finished area above ground: 5,029
- Finished area below ground: 0
Property
Parking
- Parking features: Reclaimed, 5 - 10 Spaces, Off Street
Features
- Levels: Multi/Split
- Stories: 3
Lot
- Size: 9,583 Square Feet
- Features: City Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Level, Sidewalks
Details
- Parcel number: LEWIM196L112
- Zoning: Downtown Res
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Flat,Membrane,Pitched,Shingle,Tar/Gravel
Condition
- Year built: 1893
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Lewiston
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $128,800
- Annual tax amount: $4,578
- Date on market: 4/9/2025
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Pending sale | $624,999+8.7%$124/sqft |
Source:  Maine Listings #1618455 Report a problem | ||
| 7/31/2025 | Sold | $575,000-8%$114/sqft |
Source: Maine Listings #1618455 Report a problem | ||
| 5/6/2025 | Contingent | $624,999$124/sqft |
Source: Maine Listings #1618455 Report a problem | ||
| 4/14/2025 | Price change | $624,999-3.7%$124/sqft |
Source: Maine Listings #1618455 Report a problem | ||
| 4/9/2025 | Listed for sale | $649,000+254.8%$129/sqft |
Source: Maine Listings #1618455 Report a problem | ||
| 5/1/2019 | Sold | $182,896-1.1%$36/sqft |
Source: Maine Listings #1405044 Report a problem | ||
| 3/4/2019 | Pending sale | $184,900$37/sqft |
Source: Keller Williams Realty #1405044 Report a problem | ||
| 2/22/2019 | Listed for sale | $184,900$37/sqft |
Source: Keller Williams Realty #1405044 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,092 +5.9% | $128,800 |
| 2023 | $3,864 +5.3% | $128,800 |
| 2022 | $3,671 +0.9% | $128,800 |
| 2021 | $3,640 -1.4% | $128,800 |
| 2020 | $3,693 +18.6% | $128,800 +19.5% |
| 2019 | $3,115 +0.8% | $107,760 |
| 2018 | $3,089 +2.3% | $107,760 |
| 2017 | $3,019 +1.7% | $107,760 |
| 2016 | $2,968 +0.6% | $107,760 |
| 2015 | $2,949 | $107,760 |
Find assessor info on the county website
Neighborhood: 04240
Nearby homes
- $1,3252 bd1 ba-- sqft115-117 Pierce St #6, Lewiston, ME 04240For Rent
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- $599,0006,098 sqft136 Pierce St, Lewiston, ME 04240Sold
- $--2 bd1 ba-- sqft117 Pierce St #5, Lewiston, ME 04240Off Market
- $--2 bd1 ba-- sqft117 Pierce St #11383785, Lewiston, ME 04240Off Market
- $--3 bd1 ba1.8k sqft117 Pierce St #7, Lewiston, ME 04240Off Market
- $--3 bd1 ba-- sqft125 Pierce St APT 3, Lewiston, ME 04240Off Market
Nearby schools
GreatSchools rating
- 1/10Robert V. Connors Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 1/10Lewiston Middle SchoolGrades: 7-8Distance: 0.7 mi
- 2/10Lewiston High SchoolGrades: 9-12Distance: 0.5 mi
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- Maine
- Androscoggin County
- Lewiston
- 04240
- 126 Pierce Street
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