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  • Price cut: $25.1K (8/30)
    $399,900

    171-175 Walnut Street, Lewiston, ME 04240

    5beds
    3,124sqft
    : 
    $2,873/mo
    Get pre-qualified
    Multi Family
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $128/sqft
    $-- HOA

    What's special

    Detached two-car garageWell-maintained three-unit propertyBrand new roofSpacious three-bedroom apartmentRear porchesGenerous gardenExceptional off-street parking
    FHA ASSUMABLE MORTGAGE AT JUST 2.75%* Plus Seller Concessions Available for acceptable terms TWO PARCELS. THREE APARTMENTS. PLENTY OF POSSIBILITIES. A rare double-parcel offering in Lewiston! 171 & 175 Walnut Street combine a well-maintained three-unit property, established rental income, exceptional off-street parking and an adjoining vacant parcel offering additional space and possibilities. * An existing FHA mortgage at just 2.75% may be assumable by qualified buyers, subject to servicer approval, an exceptionally attractive financing opportunity in today's market. And you thought low rates were history! A very rare opportunity exists - an FHA assumable mortgage at just 2.75%, plus seller concessions. Two parcels, three apartments, plenty of possibilities. A rare double parcel offering in Lewiston, 171 and 175 Walnut Street combine a well maintained three-unit property, established rental income, exceptional off-street parking and an adjoining vacant parcel offering additional space and intriguing possibilities. This opportunity gives meaningful flexibility whether you're looking for a home with income or an investment property. The spacious three-bedroom apartment and one of the one-bedroom apartments are currently rented, providing established income. The lower-level rear one-bedroom apartment remains vacant, ready for an owner-occupant who wants to move straight in while enjoying rental income from the other two. Well maintained, with a brand new roof, parking for up to 6 vehicles, a detached two-car garage, balcony decks and rear porches, it offers comfort and practicality. The adjoining vacant parcel at 175 provides a generous garden and intriguing possibilities for the future, subject to approvals. Two parcels, three apartments, established rental income, exceptional parking, and generous seller contribution bridging the affordability gap and providing excellent buyer opportunities. Don't miss, call today! **Contains some AI enhanced imagery
    96 days
    126
    22

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty 207-553-2662

    Source: Maine Listings,MLS#: 1672103MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Baseboard, Hot Water, Radiator, Steam
      Cooling
      • Wall Unit(s)
      Features
      • 1st Floor Bedroom, Bathtub, Shower, Storage
      • Flooring: Carpet, Vinyl, Wood
      • Basement: Interior Entry,Full,Unfinished
      Interior area
      • Total structure area: 3,124
      • Total interior livable area: 3,124 sqft
      • Finished area above ground: 3,124
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Paved, 1 - 4 Spaces, On Site, Off Street, Garage Door Opener, Detached
      • Garage spaces: 2
      Features
      • Levels: Multi/Split
      • Patio & porch: Deck, Porch, Screened
      Lot
      • Size: 9,583 Square Feet
      • Features: City Lot, Near Golf Course, Near Shopping, Neighborhood, Open Lot, Rolling Slope, Sidewalks, Landscaped
      Details
      • Parcel number: LEWI000195000000000153
      • Zoning: NCA
      • Other equipment: Cable, Internet Access Available

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding, Wood Siding
      • Foundation: Poured Concrete, Brick/Mortar
      • Roof: Membrane,Shingle
      Condition
      • Year built: 1926

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Lewiston

      Financial & listing details

      • Price per square foot: $128/sqft
      • Annual tax amount: $5,050
      • Date on market: 7/16/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,798/mo

        Price history

        DateEventPrice
        8/30/2026Price change$399,900-5.9%$128/sqft
        Source: Maine Listings #1672103 Report a problem
        7/24/2026Price change$425,000-5.6%$136/sqft
        Source: Maine Listings #1672103 Report a problem
        7/16/2026Listed for sale$450,000$144/sqft
        Source: Maine Listings #1672103 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 04240

        Getting around

        71 / 100
        Very Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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