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  • Price cut: $49K (6/2)
    $850,000

    151 Horton Street, Lewiston, ME 04240

    16beds
    7,920sqft
    : 
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    Multi Family
    Built in 1896
    -- sqft lot
    $817,800 Zestimate®
    $107/sqft
    $-- HOA

    What's special

    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.
    59 days
    |
    208
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1660474MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      • Bathrooms: 9
      • Full bathrooms: 9
      Heating
      • Baseboard, Hot Water
      Cooling
      • None
      Features
      • Flooring: Vinyl, Wood
      • Basement: Interior Entry,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 7,920
      • Total interior livable area: 7,920 sqft
      • Finished area above ground: 7,920
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Paved, 5 - 10 Spaces, On Site
      Features
      • Levels: Multi/Split
      • Patio & porch: Porch
      Lot
      • Size: 9,583 Square Feet
      • Features: Neighborhood, Level, Sidewalks
      Details
      • Zoning: DR

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Roof: Flat,Membrane
      Condition
      • Year built: 1896

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Lewiston

      Financial & listing details

      • Price per square foot: $107/sqft
      • Annual tax amount: $5,381
      • Date on market: 5/4/2026

        Estimated market value

        $817,800

        $777,000 - $859,000

        $1,332/mo

        Price history

        DateEventPrice
        6/2/2026Price change$850,000-5.5%$107/sqft
        Source: Maine Listings #1660474 Report a problem
        5/4/2026Listed for sale$899,000+19.9%$114/sqft
        Source: Maine Listings #1660474 Report a problem
        5/8/2023Sold$750,000-1.2%$95/sqft
        Source: Maine Listings #1553240 Report a problem
        3/19/2023Pending sale$759,000$96/sqft
        Source: Maine Listings #1553240 Report a problem
        3/8/2023Contingent$759,000$96/sqft
        Source: Maine Listings #1553240 Report a problem
        3/2/2023Listed for sale$759,000+97.4%$96/sqft
        Source: Maine Listings #1553240 Report a problem
        11/16/2021Listing removed--
        Source: Maine Listings #1460534 Report a problem
        5/18/2021Pending sale$384,440$49/sqft
        Source: Maine Listings #1460534 Report a problem
        9/23/2020Listing removed$384,440$49/sqft
        Source: F.O. Bailey Real Estate #1460534 Report a problem
        7/15/2020Listed for sale$384,440$49/sqft
        Source: F.O. Bailey Real Estate #1460534 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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

        Getting around

        82 / 100
        Very Walkable
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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