Don't miss this excellent investment opportunity! This well-maintained two-unit property features newer windows, updated flooring, a renovated bathroom, spacious decks and porches, and a fenced-in yard. Conveniently located near shopping, restaurants, hospitals, and other local amenities, it also offers ample on-site and street parking.
Currently owner- and family-occupied, with rents below current market value, this property presents outstanding income potential. Whether you're looking to expand your investment portfolio or owner-occupy one unit while generating rental income from the other, this versatile property is an opportunity you won't want to miss.
Active
Price cut: $16K (7/20)
$319,900
246 Lincoln Street, Lewiston, ME 04240
3beds
1,852sqft
Multi Family
Built in 1830
-- sqft lot
$317,700 Zestimate®
$173/sqft
$-- HOA
What's special
Fenced-in yardSpacious decks and porchesUpdated flooringNewer windowsRenovated bathroom
- 50 days |
- 243 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Better Homes & Gardens Real Estate/The Masiello Group
Source: Maine Listings,MLS#: 1670008
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- 1st Floor Bedroom
- Flooring: Laminate, Other
- Basement: Interior Entry,Full
- Has fireplace: No
Interior area
- Total structure area: 1,852
- Total interior livable area: 1,852 sqft
- Finished area above ground: 1,852
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces
Features
- Stories: 2
- Patio & porch: Deck, Porch
Lot
- Size: 7,405 Square Feet
- Features: City Lot, Near Turnpike/Interstate, Level, Open Lot, Sidewalks
Details
- Parcel number: LEWIM208L165U9280
- Zoning: MFU
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- Year built: 1830
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Lewiston
Financial & listing details
- Price per square foot: $173/sqft
- Tax assessed value: $26,100
- Annual tax amount: $2,318
- Date on market: 7/2/2026
Estimated market value
$317,700
$302,000 - $334,000
$1,561/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Price change | $319,900-4.8%$173/sqft |
Source:  Maine Listings #1670008 Report a problem | ||
| 7/2/2026 | Listed for sale | $335,900$181/sqft |
Source: Maine Listings #1670008 Report a problem | ||
| 6/30/2026 | Listing removed | $335,900$181/sqft |
Source: Maine Listings #1667376 Report a problem | ||
| 6/16/2026 | Listed for sale | $335,900+21.3%$181/sqft |
Source: Maine Listings #1667376 Report a problem | ||
| 9/11/2025 | Sold | $277,000-0.2%$150/sqft |
Source: Maine Listings #1631777 Report a problem | ||
| 9/9/2025 | Pending sale | $277,500$150/sqft |
Source: Maine Listings #1631777 Report a problem | ||
| 8/4/2025 | Contingent | $277,500$150/sqft |
Source: Maine Listings #1631777 Report a problem | ||
| 8/3/2025 | Price change | $277,500-0.5%$150/sqft |
Source: Maine Listings #1631777 Report a problem | ||
| 7/25/2025 | Listed for sale | $279,000+458%$151/sqft |
Source: Maine Listings #1631777 Report a problem | ||
| 12/16/2024 | Sold | $50,000-9.1%$27/sqft |
Source: Maine Listings #1610510 Report a problem | ||
| 12/11/2024 | Pending sale | $55,000$30/sqft |
Source: Maine Listings #1610510 Report a problem | ||
| 12/3/2024 | Listed for sale | $55,000$30/sqft |
Source: Maine Listings #1610510 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $829 +5.9% | $26,100 |
| 2023 | $783 +5.2% | $26,100 |
| 2022 | $744 +0.8% | $26,100 |
| 2021 | $738 -1.3% | $26,100 |
| 2020 | $748 -0.9% | $26,100 |
| 2019 | $755 +0.9% | $26,100 |
| 2018 | $748 +2.3% | $26,100 |
| 2017 | $731 +1.7% | $26,100 |
| 2016 | $719 +0.7% | $26,100 |
| 2015 | $714 | $26,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 04240
Nearby schools
GreatSchools rating
- 1/10Robert V. Connors Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 1/10Lewiston Middle SchoolGrades: 7-8Distance: 1.1 mi
- 2/10Lewiston High SchoolGrades: 9-12Distance: 0.8 mi
- $260,0002 bd2 ba931 sqft250 Lincoln St, Lewiston, ME 04240Sold
- $182,5002 bd1 ba756 sqft252 Lincoln St, Lewiston, ME 04240Sold
- $13,8603 bd1 ba831 sqft230 Lincoln St, Lewiston, ME 04240Off Market
- $235,0003 bd4 ba1.6k sqft1 Lincoln Cir, Lewiston, ME 04240Pending
- $20,3003 bd1 ba1.2k sqft236 Lincoln St, Lewiston, ME 04240Off Market
- $19,0504 bd1 ba1.3k sqft234 Lincoln St, Lewiston, ME 04240Off Market
- $202,8004 bd2 ba1.3k sqft232 Lincoln St, Lewiston, ME 04240Off Market
- $296,5005 bd3 ba2.3k sqft5 Lincoln Dr, Lewiston, ME 04240Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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