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  • $499,000

    31 Burbank Street, Lewiston, ME 04240

    5beds
    2,718sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $506,200 Zestimate®
    $184/sqft
    $1,634 Estimated rent

    Home value

    $506,200

    $440,000 - $587,000

    $1,634/mo

    Zestimate® history
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    Owner options

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    $1,634/mo

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    $1,634/mo

    Rent Zestimate®

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    $2,530/mo

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    $2,530/mo

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    What's special

    One of the most beautiful two-unit properties in the City of Lewiston, this exceptional multi-family presents a rare and highly desirable owner-occupant opportunity. The primary unit will be delivered vacant at closing, allowing for immediate occupancy, while the second unit is currently rented—providing instant income from day one. Both units have undergone extensive interior renovations, including full kitchen remodels with new cabinetry, quartz countertops, updated appliances, and thoughtfully opened floor plans. Each unit also features a fully renovated bathroom, refinished original hardwood floors throughout the entire home, new recessed lighting, fresh interior paint, and newly installed window blinds—creating a cohesive, modern feel while preserving timeless character. Significant mechanical and energy-efficiency upgrades further enhance the property's appeal, including two energy-efficient Rheem electric water heaters (one dedicated to each unit) and new, energy-efficient HVAC systems with independent mini-splits serving each unit—offering comfort, efficiency, and long-term cost savings. Exterior improvements complete the package with new decks/patios and fresh exterior paint, providing inviting outdoor spaces and excellent curb appeal. Whether you're beginning your real estate investment journey or strategically expanding an existing portfolio, this property checks all the boxes—style, flexibility, and income potential. A true standout that seamlessly combines pride of ownership with smart investment appeal.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Dunham Realty 207-729-7297

    Bought with:

    Dream Home Realty LLC

    Dream Home Realty LLC

    Source: Maine Listings,MLS#: 1649703MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Features
    • Walk-In Closet(s)
    • Flooring: Carpet, Vinyl, Wood
    • Basement: Interior Entry,Full
    Interior area
    • Total structure area: 2,718
    • Total interior livable area: 2,718 sqft
    • Finished area above ground: 2,718
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gravel, Paved, 1 - 4 Spaces, Detached
    • Garage spaces: 2
    Features
    • Levels: Multi/Split
    Lot
    • Size: 5,662 sqft
    • Features: Neighborhood, Level
    Details
    • Parcel number: LEWIM175L177
    • Zoning: NCA

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Shingle
    Condition
    • Year built: 1924

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Lewiston

    Price history

    DateEventPrice
    3/19/2026Pending sale$499,000$184/sqft
    Source: Maine Listings #1649703 Report a problem
    3/13/2026Sold$499,000$184/sqft
    Source: Maine Listings #1649703 Report a problem
    2/4/2026Contingent$499,000$184/sqft
    Source: Maine Listings #1649703 Report a problem
    1/24/2026Listed for sale$499,000+46.8%$184/sqft
    Source: Maine Listings #1649703 Report a problem
    8/2/2023Sold$340,000+13.3%$125/sqft
    Source: Maine Listings #1565854 Report a problem
    7/23/2023Pending sale$300,000$110/sqft
    Source: Maine Listings #1565854 Report a problem
    7/19/2023Listed for sale$300,000$110/sqft
    Source: Maine Listings #1565854 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,006 +5.9%$94,620
    2023$2,839 +5.3%$94,620
    2022$2,697 +0.9%$94,620
    2021$2,674 -1.4%$94,620
    2020$2,713 -0.8%$94,620
    2019$2,735 +0.8%$94,620
    2018$2,713 +2.3%$94,620
    2017$2,651 +1.7%$94,620
    2016$2,606 +0.6%$94,620
    2015$2,590 $94,620

    Find assessor info on the county website

    Neighborhood: 04240

    Nearby schools

    GreatSchools rating
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    $506,200
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    +$10,124
    With Zillow Showcase(estimated)
    $516,324