For Sale - Well-Maintained 3-Unit Investment Property
Don't miss this well-kept 3-unit building located in a convenient area close to hospitals, shopping, and other everyday amenities. The property offers a strong rental history and has been consistently maintained over the years, making it a solid investment opportunity.
All major systems have been updated and are in excellent condition. The exterior has seen recent improvements, including updated siding, with most of the building fully wrapped. The remaining two decks have been freshly painted, adding to the overall curb appeal.
Energy efficiency has been a focus, with upgrades that include spray foam insulation in the basement, additional spray foam on the north side of the third floor, updated windows, and air sealing throughout.
The property also features private off-street parking in the rear along with a coin-operated washer and dryer that will convey with the sale, providing additional income. With a dependable tenant base already in place, this building is ideal for investors seeking reliable returns, as well as for owner-occupants looking to offset expenses.
Active
Price cut: $5.1K (6/19)
$479,900
24 Sylvan Avenue, Lewiston, ME 04240
5beds
2,360sqft
Multi Family
Built in 1895
-- sqft lot
$473,800 Zestimate®
$203/sqft
$-- HOA
What's special
- 44 days |
- 147 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Maine Source Realty
Source: Maine Listings,MLS#: 1663902
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Zoned
Cooling
- None
Appliances
- Laundry: Laundry - Coin
Features
- 1st Floor Bedroom
- Flooring: Laminate, Tile, Hardwood, Linoleum
- Windows: Double Pane Windows
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 2,360
- Total interior livable area: 2,360 sqft
- Finished area above ground: 2,360
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Deck, Porch
Lot
- Size: 4,791 Square Feet
- Features: Near Shopping, Near Turnpike/Interstate, Near Town, Level, Open Lot, Sidewalks, Landscaped
Details
- Parcel number: LEWIM174L135
- Zoning: NCA
- Other equipment: Cable, Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,New Englander,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Pitched,Shingle
Condition
- Year built: 1895
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: $203/sqft
- Tax assessed value: $101,700
- Annual tax amount: $3,334
- Date on market: 5/29/2026
- Road surface type: Paved
Estimated market value
$473,800
$450,000 - $497,000
$1,809/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Price change | $479,900-1.1%$203/sqft |
Source: | ||
| 5/29/2026 | Listed for sale | $485,000$206/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,231 +5.9% | $101,700 |
| 2023 | $3,051 +5.3% | $101,700 |
| 2022 | $2,898 +0.8% | $101,700 |
| 2021 | $2,874 -1.4% | $101,700 |
| 2020 | $2,916 -0.8% | $101,700 |
| 2019 | $2,940 +0.8% | $101,700 |
| 2018 | $2,916 +2.3% | $101,700 |
| 2017 | $2,850 +1.7% | $101,700 |
| 2016 | $2,801 +0.6% | $101,700 |
| 2015 | $2,784 | $101,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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
- 2/10Farwell Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 1/10Lewiston Middle SchoolGrades: 7-8Distance: 0.3 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
- 24 Sylvan Avenue







