TWO PARCELS. THREE HOMES. PLENTY OF POSSIBILITIES. Well maintained. Brand-new roof. Parking for up to 8 vehicles. One very versatile property.
A rare double-parcel offering in Lewiston, 171 & 175 Walnut Street combines a well-maintained three-unit property with the adjoining vacant parcel at 175 Walnut Street--offering space, flexibility and possibilities that are increasingly difficult to find.
Whether you are looking for a home of your own with rental income to help offset expenses, space for extended family, or a solid investment for the future, this property offers plenty of options. The spacious 3-bedroom unit is currently vacant and ready to occupy, while the two 1-bedroom apartments provide established rental income, with rent increases currently in process.
The property has been well maintained, with a brand-new roof adding peace of mind for the next owner. Outside, there is an exceptional amount of off-street parking with space for up to 8 vehicles, plus a detached 2-car garage providing additional parking, storage or workshop space. This could also be additional rental income.
And then there is 175 Walnut Street--the adjoining vacant parcel included in the sale. Having two separate parcels creates a huge garden with great additional outdoor space and flexibility today, together with intriguing possibilities for the future, subject to municipal approvals. Balcony decks and rear porches offer plenty of outdoor fresh air plus place to relax
For an owner-occupant, this could be a particularly appealing way to own a home: move straight into the vacant 3-bedroom unit and enjoy the benefit of income already coming in from the other two apartments. For an investor, the property offers established income with further potential over time.
171 & 175 Walnut Street are being sold together. Any future use or development of the vacant parcel is subject to applicable municipal approvals and deed restrictions.
**Contains some AI enhanced imagery
Active
Price cut: $25.1K (8/30)
$399,900
171-175 Walnut Street, Lewiston, ME 04240
5beds
3,124sqft
Multi Family
Built in 1926
-- sqft lot
$-- Zestimate®
$128/sqft
$-- HOA
What's special
Well-maintained three-unit propertyBrand-new roof
- 51 days
- 147
- 16
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty 207-553-2662
Source: Maine Listings,MLS#: 1672103
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
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Price change | $399,900-5.9%$128/sqft |
Source: | ||
| 7/24/2026 | Price change | $425,000-5.6%$136/sqft |
Source: | ||
| 7/16/2026 | Listed for sale | $450,000$144/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment








