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.
Active
Price cut: $49K (6/2)
$850,000
151 Horton Street, Lewiston, ME 04240
16beds
7,920sqft
Multi Family
Built in 1896
-- sqft lot
$817,800 Zestimate®
$107/sqft
$-- HOA
What's special
- 59 days |
- 208 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty
Source: Maine Listings,MLS#: 1660474
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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
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $850,000-5.5%$107/sqft |
Source: | ||
| 5/4/2026 | Listed for sale | $899,000+19.9%$114/sqft |
Source: | ||
| 5/8/2023 | Sold | $750,000-1.2%$95/sqft |
Source: | ||
| 3/19/2023 | Pending sale | $759,000$96/sqft |
Source: | ||
| 3/8/2023 | Contingent | $759,000$96/sqft |
Source: | ||
| 3/2/2023 | Listed for sale | $759,000+97.4%$96/sqft |
Source: | ||
| 11/16/2021 | Listing removed | -- |
Source: | ||
| 5/18/2021 | Pending sale | $384,440$49/sqft |
Source: | ||
| 9/23/2020 | Listing removed | $384,440$49/sqft |
Source: F.O. Bailey Real Estate #1460534 Report a problem | ||
| 7/15/2020 | Listed for sale | $384,440$49/sqft |
Source: F.O. Bailey Real Estate #1460534 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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
- 151 Horton Street





