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
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
Detached two-car garageWell-maintained three-unit propertyBrand new roofSpacious three-bedroom apartmentRear porchesGenerous gardenExceptional off-street parking
- 96 days
- 126
- 22
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
$1,798/mo
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








