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  • $495,000

    280 Pine Street, Lewiston, ME 04240

    9beds
    5,355sqft
    : 
    $3,519/mo
    Get pre-qualified
    Multi Family
    Built in 1922
    -- sqft lot
    $482,400 Zestimate®
    $92/sqft
    $-- HOA

    What's special

    Covered porchesMultiple bedrooms per unit
    INVESTMENT OPPORTUNITY IN LEWISTON! Discover the potential at 280 Pine St, a three-unit multifamily property offering an excellent opportunity for investors seeking strong rental income and additional upside. The property features three fully occupied spacious 3-bedroom+ units, each currently renting for $2,000+ per month, producing $72,000+ in gross annual rental income. Each unit offers the convenience of dedicated laundry, along with its own covered porch. The property also includes a separate maintenance unit/storage area with a bathroom, offering additional utility and flexibility for ownership or property operations. The property does need some TLC, including vinyl siding repairs and remodeling, making this an attractive opportunity for an investor looking to improve the property and add value while maintaining an established income stream. With strong rents, multiple bedrooms per unit, dedicated laundry, covered porches, and additional storage space, 280 Pine St offers a compelling combination of current cash flow and future potential. Bring your vision and capitalize on the opportunity to improve and maximize this Lewiston multifamily property. *Property is being sold as-is and likely does not qualify for some loan types in its current condition. Interior photos were taken a year ago prior to currant tenancy.
    23 days
    181
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    Maine Source Realty

    Source: Maine Listings,MLS#: 1680737MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Hot Water, Radiant, Radiator
      Cooling
      • None
      Features
      • 1st Floor Bedroom, Bathtub, In-Law Floorplan
      • Flooring: Laminate, Vinyl, Wood, Linoleum
      • Basement: Interior Entry,Full,Brick/Mortar
      Interior area
      • Total structure area: 5,355
      • Total interior livable area: 5,355 sqft
      • Finished area above ground: 5,355
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel, 5 - 10 Spaces, On Site
      Features
      • Patio & porch: Porch
      Lot
      • Size: 6,534 Square Feet
      • Features: City Lot, Sidewalks
      Details
      • Parcel number: LEWIM174L098
      • Zoning: OR
      • Other equipment: Cable

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Poured Concrete, Brick/Mortar
      • Roof: Flat,Membrane
      Condition
      • Year built: 1922

      Utilities & green energy

      • Electric: On Site, Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Lewiston

      Financial & listing details

      • Price per square foot: $92/sqft
      • Tax assessed value: $136,560
      • Annual tax amount: $4,476
      • Date on market: 9/15/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $482,400

        $458,000 - $507,000

        $1,916/mo

        Price history

        DateEventPrice
        9/15/2026Listed for sale$495,000+330.4%$92/sqft
        Source: Maine Listings #1680737 Report a problem
        10/29/2014Sold$115,000+78.3%$21/sqft
        Source: Maine Listings #1146140 Report a problem
        6/13/2014Sold$64,500$12/sqft
        Source: Maine Listings #1134486 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,339 +5.9%$136,560
        2023$4,097 +5.3%$136,560
        2022$3,892 +0.9%$136,560
        2021$3,859 -1.4%$136,560
        2020$3,915 -0.8%$136,560
        2019$3,948 +0.8%$136,560
        2018$3,915 +2.3%$136,560
        2017$3,826 +1.7%$136,560
        2016$3,761 +0.6%$136,560
        2015$3,738 $136,560
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 04240

        Getting around

        65 / 100
        Somewhat Walkable
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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