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.
Active
$775,000
127 Howe Street, Lewiston, ME 04240
10beds
5,596sqft
Multi Family
Built in 1896
-- sqft lot
$739,400 Zestimate®
$138/sqft
$-- HOA
What's special
Fully gut-renovated rear buildingModern bathroom tile surroundsTwo detached wood-frame buildingsNew plumbingSelect updates to flooring
- 37 days |
- 114 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
The Dunham Group
Source: Maine Listings,MLS#: 1660921
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Storage
- Flooring: Laminate
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 5,596
- Total interior livable area: 5,596 sqft
- Finished area above ground: 5,596
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, On Site
Features
- Levels: Multi/Split
Lot
- Size: 0.31 Acres
- Features: City Lot, Neighborhood, Level, Sidewalks
Details
- Parcel number: LEWIM196L168
- Zoning: DR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- Year built: 1896
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: $138/sqft
- Tax assessed value: $121,800
- Annual tax amount: $3,993
- Date on market: 5/6/2026
- Road surface type: Paved
Estimated market value
$739,400
$702,000 - $776,000
$1,678/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $775,000+342.9%$138/sqft |
Source: | ||
| 11/13/2020 | Sold | $175,000-12.5%$31/sqft |
Source: | ||
| 9/9/2020 | Price change | $200,000-13%$36/sqft |
Source: Fontaine Family-The Real Estate Leader #1464128 Report a problem | ||
| 8/12/2020 | Listed for sale | $230,000$41/sqft |
Source: Fontaine Family-The Real Estate Leader #1464128 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,870 +5.9% | $121,800 |
| 2023 | $3,654 +5.3% | $121,800 |
| 2022 | $3,471 +0.8% | $121,800 |
| 2021 | $3,442 +14.1% | $121,800 +15.8% |
| 2020 | $3,016 -0.8% | $105,180 |
| 2019 | $3,041 +0.8% | $105,180 |
| 2018 | $3,016 +2.3% | $105,180 |
| 2017 | $2,947 +1.7% | $105,180 |
| 2016 | $2,897 +0.6% | $105,180 |
| 2015 | $2,879 | $105,180 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04240
Nearby schools
GreatSchools rating
- 1/10Robert V. Connors Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 1/10Lewiston Middle SchoolGrades: 7-8Distance: 0.6 mi
- 2/10Lewiston High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Androscoggin County
- Lewiston
- 04240
- 127 Howe Street








