Closed

$300,000

531 College Street, Lewiston, ME 04240

5beds

2,230sqft

Multi Family

Built in 1900

-- sqft lot

$360,500 Zestimate^®

$135/sqft

$1,500 Estimated rent

Home value

$360,500

$314,000 - $404,000

$1,500/mo

Zestimate^® history

Owner options

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$1,500/mo

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$1,500/mo

Rent Zestimate^®

Refinance and save

$1,521/mo

Est. payment

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$1,521/mo

Est. payment

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What's special

Two-car garageHistoric charmTin ceilingsThree-season porchCorner lot

Charming and full of character, this well-maintained two-unit home has been family-occupied for two generations and is now ready for its next owner. Located on a spacious corner lot close to the college, this property offers a fantastic opportunity for investors or owner-occupants looking for rental income. The first unit features three bedrooms and one bath, while the second unit offers two bedrooms and one bath, providing a flexible living arrangement. With tin ceilings throughout, this home exudes historic charm while maintaining a warm and inviting atmosphere. A three-season porch adds additional space to relax and enjoy the surroundings. The two-car garage includes storage above, perfect for those in need of extra space for tools or belongings. This home's prime location and unique character make it a rare find. Join us for an open house and experience all that this special property has to offer. Contact us today for more details!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Radiator

Cooling

None

Features

1st Floor Bedroom, One-Floor Living
Flooring: Carpet, Wood
Basement: Interior Entry,Walk-Out Access,Full,Unfinished

Interior area

Total structure area: 2,230
Total interior livable area: 2,230 sqft
Finished area above ground: 2,230
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Paved, 5 - 10 Spaces, Detached, Storage
Garage spaces: 2

Features

Levels: Multi/Split
Patio & porch: Porch
Has view: Yes
View description: Trees/Woods

Lot

Size: 0.40 Acres
Features: Near Shopping, Near Town, Neighborhood, Corner Lot, Level, Open Lot

Details

Additional structures: Shed(s)
Parcel number: LEWIM170L146
Zoning: NCA

Construction

Type & style

Home type: MultiFamily
Architectural style: Cape Cod,New Englander,Other
Property subtype: Multi Family

Materials

Wood Frame, Wood Siding
Roof: Pitched,Shingle

Condition

Year built: 1900

Utilities & green energy

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

Community & neighborhood

Location

Region: Lewiston

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
4/7/2025	Sold	$300,000+9.1%$135/sqft
Source: Maine Listings #1616730 Report a problem
3/23/2025	Pending sale	$275,000$123/sqft
Source: Maine Listings #1616730 Report a problem
3/21/2025	Listed for sale	$275,000$123/sqft
Source: Maine Listings #1616730 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,847 +5.9%	$89,600
2023	$2,688 +5.2%	$89,600
2022	$2,554 +0.9%	$89,600
2021	$2,532 -1.4%	$89,600
2020	$2,569	$89,600 +0.8%
2019	$2,569 +0.8%	$88,860
2018	$2,548 +2.3%	$88,860
2017	$2,490 +1.8%	$88,860
2016	$2,447 +0.6%	$88,860
2015	$2,432	$88,860