This five-unit building brings in $75,240 in gross annual income and offers: two 2-bedrooms and three 4-bedrooms. Rents are stable, demand is steady, and the building has a proven rental history.
Off-street parking is a major plus in this part of town, and the property has been consistently profitable- making it a smart addition to any growing portfolio. Whether you're a seasoned investor or looking to scale, this one checks the boxes.
Property offers an increase of gross income to over $100,000 in 2026!
Active
$525,000
227 Blake Street, Lewiston, ME 04240
16beds
3,478sqft
Multi Family
Built in 1875
-- sqft lot
$494,300 Zestimate®
$151/sqft
$-- HOA
What's special
Off-street parking
- 220 days |
- 115 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Real Broker 207-212-1523
Source: Maine Listings,MLS#: 1643853
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, Hot Water
Cooling
- None
Features
- 1st Floor Bedroom
- Flooring: Carpet, Vinyl
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 3,478
- Total interior livable area: 3,478 sqft
- Finished area above ground: 3,478
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces, On Site, Off Street
Accessibility
- Accessibility features: 32 - 36 Inch Doors
Lot
- Size: 4,791 Square Feet
- Features: Near Town, Level, Open Lot, Sidewalks
Details
- Zoning: DR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod,Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone
- Roof: Pitched,Shingle
Condition
- Year built: 1875
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Lewiston
Financial & listing details
- Price per square foot: $151/sqft
- Annual tax amount: $3,350
- Date on market: 11/18/2025
- Road surface type: Paved
Estimated market value
$494,300
$470,000 - $519,000
$1,733/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2026 | Price change | $525,000-3.7%$151/sqft |
Source: | ||
| 11/18/2025 | Listed for sale | $545,000+316%$157/sqft |
Source: | ||
| 11/18/2019 | Sold | $131,000-6.4%$38/sqft |
Source: | ||
| 9/25/2019 | Pending sale | $139,900$40/sqft |
Source: CENTURY 21 Advantage #1404683 Report a problem | ||
| 8/16/2019 | Price change | $139,900-6.7%$40/sqft |
Source: CENTURY 21 Advantage #1404683 Report a problem | ||
| 2/18/2019 | Listed for sale | $150,000$43/sqft |
Source: Century 21 Advantage #1404683 Report a problem | ||
| 8/17/2015 | Listing removed | $795 |
Source: Great Falls Property Management Report a problem | ||
| 8/5/2015 | Listed for rent | $795 |
Source: Great Falls Property Management Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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: 0.8 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
- 227 Blake Street

