INVESTMENT OPPORTUNITY IN THE HEART OF LEWISTON! Well-positioned 8-unit multifamily property at 198 Park Street, offering a desirable mix of four 2-bedroom units and four 1-bedroom units. The mix provides flexibility for attracting a broad range of tenants and offers an investor an opportunity to own a substantial multifamily asset in a highly convenient Lewiston location. Situated near downtown, residents have access to restaurants, shopping, services, parks, employment and amenities without having to rely on a vehicle. The Park Street area is considered highly walkable and near public transit hubs. Building is vacant, cleaned out and ready for your finishing touches. Has newer siding and windows and is in good condition. Matterport 3D walkthrough gives a sample of a 2 bedroom unit and a 1 bedroom unit as do photos. Also available is 210/212 Park St, 34 Shawmut, 46 Shawmut.
Active
$720,000
198 Park Street, Lewiston, ME 04240
12beds
8,900sqft
Multi Family
Built in 1881
-- sqft lot
$-- Zestimate®
$81/sqft
$-- HOA
What's special
Newer siding
- 5 days
- 60
- 8
Zillow last checked:
Listing updated:
Listed by:
Fontaine Family-The Real Estate Leader
Source: Maine Listings,MLS#: 1683059
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard
Cooling
- None
Features
- Bathtub, Shower, Storage
- Flooring: Wood, Linoleum
- Windows: Double Pane Windows
- Basement: Interior Entry,Unfinished,Brick/Mortar
- Has fireplace: No
Interior area
- Total structure area: 8,900
- Total interior livable area: 8,900 sqft
- Finished area above ground: 8,900
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces, On Street
- Has uncovered spaces: Yes
Features
- Stories: 4
- Patio & porch: Deck
Lot
- Size: 4,791 Square Feet
- Features: City Lot, Level
Details
- Zoning: DR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: High Rise,Other
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Wood Frame, Vinyl Siding
- Foundation: Poured Concrete, Brick/Mortar
- Roof: Flat,Membrane
Condition
- Year built: 1881
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Lewiston
Financial & listing details
- Price per square foot: $81/sqft
- Annual tax amount: $7,615
- Date on market: 10/3/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2026 | Listed for sale | $720,000$81/sqft |
Source:  Maine Listings #1683059 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 04240
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