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  • $540,000

    53 Nichols Street, Lewiston, ME 04240

    7beds
    3,220sqft
    Multi Family
    Built in 1886
    -- sqft lot
    $542,800 Zestimate®
    $168/sqft
    $1,779 Estimated rent

    Home value

    $542,800

    $494,000 - $597,000

    $1,779/mo

    Zestimate® history
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    Owner options

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    $1,779/mo

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    $1,779/mo

    Rent Zestimate®

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    $2,737/mo

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    $2,737/mo

    Est. payment

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    What's special

    Functional layoutsNew roofOn-site coin-op laundryComfortable living spaces
    Don't miss this fantastic opportunity to own a fully vacant 3-unit property in a prime location just steps from Bates College, CMMC & St-Mary's Hospital. Featuring one spacious 3-bedroom unit and two well-sized 2-bedroom units, this building offers strong rental potential and flexibility for both investors and owner-occupants. The property has been thoughtfully updated inside and out, including a new roof, providing peace of mind for years to come. Each unit offers comfortable living spaces with functional layouts, while the on-site coin-op laundry adds convenience and additional income potential. Whether you're looking to add a solid asset to your portfolio or live in one unit while renting the others, this well-located multi-family checks all the boxes. Fully vacant and ready for its next owner, opportunities like this are increasingly rare.

    Zillow last checked:

    Listing updated:

    Listed by:

    Portside Real Estate Group

    Bought with:

    HomeSmart

    Source: Maine Listings,MLS#: 1655806MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Direct Vent Heater, Hot Water
    Cooling
    • None
    Appliances
    • Laundry: Laundry - Coin
    Features
    • 1st Floor Bedroom, Attic
    • Flooring: Laminate, Tile, Wood
    • Basement: Interior Entry,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,220
    • Total interior livable area: 3,220 sqft
    • Finished area above ground: 3,220
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, 1 - 4 Spaces, On Site, Off Street
    Features
    • Levels: Multi/Split
    • Stories: 3
    • Patio & porch: Deck, Porch
    Lot
    • Size: 4,791 sqft
    • Features: City Lot, Near Town, Neighborhood, Rolling Slope, Sidewalks
    Details
    • Parcel number: LEWIM194L188
    • Zoning: NCB
    • Other equipment: Cable, Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Stone, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1886

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lewiston

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/22/2026Sold$540,000-1.8%$168/sqft
    Source: Maine Listings #1655806 Report a problem
    4/14/2026Pending sale$550,000$171/sqft
    Source: Maine Listings #1655806 Report a problem
    4/13/2026Listed for sale$550,000$171/sqft
    Source: Maine Listings #1655806 Report a problem
    4/6/2026Pending sale$550,000$171/sqft
    Source: Maine Listings #1655806 Report a problem
    3/30/2026Listed for sale$550,000$171/sqft
    Source: Maine Listings #1655806 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,032 +5.9%$126,900
    2023$3,807 +16.2%$126,900 +10.4%
    2022$3,275 +0.9%$114,900
    2021$3,247 -1.4%$114,900
    2020$3,294 -0.8%$114,900
    2019$3,322 +0.9%$114,900
    2018$3,294 +2.3%$114,900
    2017$3,219 +1.7%$114,900
    2016$3,164 +0.6%$114,900
    2015$3,145 $114,900

    Find assessor info on the county website

    Neighborhood: 04240

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $542,800
    2% more
    +$10,856
    With Zillow Showcase(estimated)
    $553,656