171 Walnut StreetLewiston, ME 04240Price: $425,000

  • Price: $425,000
  • Est. Mortgage of $/month
  • 13 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.58% last updated on Jul 23, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $425,000List Price
  • 3Bathrooms
  • 3,124Square Feet
Excellent owner-occupied or investment opportunity! Well-maintained 3-unit building situated on a rare double lot in a convenient Lewiston location, just minutes from Bates College, St. Mary's Regional Medical Center, Central Maine Medical Center, downtown amenities, shopping, and restaurants. Offering over 3,000 square feet of living space, this solid multi-family property features stable in-place rental income with excellent upside potential. The building includes two first-floor one-bedroom units and a spacious second-floor three-bedroom apartment, providing an attractive mix of unit sizes for both investors and owner-occupants. Each unit offers in-unit laundry, generous storage, and comfortable living spaces. Major capital improvements have already been completed, including a brand-new roof (July 2026), newer furnace, replacement windows, and low-maintenance vinyl siding, providing peace of mind for years to come. Outside, the oversized double lot offers abundant off-street parking for tenants and guests, along with a detached two-car garage for additional parking, storage, or workshop space. Whether you're looking to offset your mortgage by living in one unit while collecting rental income from the others, or expand your investment portfolio with a well-maintained income-producing property, this versatile multi-family offers exceptional value in a highly desirable location close to colleges, hospitals, and major employers. **Contains some AI enhanced imagery
Listed by Deborah Meek of Keller Williams Realty (207-553-2662)

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More Info

Tax Information

  • Parcel Number LEWI-000195-000000-000153
  • Taxes$5,050

Location

  • Address171 Walnut Street
  • Building Number171
  • CountyAndroscoggin
  • StateME
  • StreetWalnut Street
  • TownLewiston
  • Zip04240

Interior

  • Furnished Unfurnished
  • Interior Features 1st Floor Bedroom, Bathtub, Shower, Storage

Utilities

  • Cooling Wall Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemOil, Baseboard, Hot Water, Radiator, Steam
  • Heating YN Yes
  • Utilities Pole yes
  • Waste Water DisposalPublic Sewer

Other

  • Attribution Contact 207-553-2662
  • Date Listed07/16/2026
  • Other Equipment Cable, Internet Access Available
  • Unit 1 Full Baths 1
  • Unit 1 Level First
  • Unit 1 Monthly Rent $800
  • Unit 1 Rooms 3
  • Unit 1 Water Yes
  • Unit 2 Full Baths 1
  • Unit 2 Level First
  • Unit 2 Monthly Rent $1,000
  • Unit 2 Rooms 3
  • Unit 2 Water Yes
  • Unit 3 Full Baths 1
  • Unit 3 Level Second
  • Unit 3 Monthly Rent $1,700
  • Unit 3 Rooms 6
  • Unit 3 Water Yes

School Information

  • High School DistrictLewiston Public Schools

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Full Bath3
  • Laundry Features Washer Hookup

Building

  • BasementInterior Entry, Full, Unfinished
  • Building Info Heating Units 1
  • Building Info Water Heaters 1
  • Flooring Carpet, Vinyl, Wood
  • GarageYes
  • Garage Spaces2
  • Patio And Porch Features Deck, Porch, Porch-Screened
  • Property StyleOther
  • Units3
  • Year Built1926

Amenities

  • Amenities1st Floor Bedroom, Bathtub, Washer Hookup, Shower, Storage
  • Other AmenitiesBasement

Parking

  • Parking Features Paved,1 - 4 Spaces, On Site, Off Street, Garage Door Opener, Detached

Basic Information

  • List Price$425,000
  • MLS Number1672103
  • Property TypeMulti-Family
  • StatusACT

Property

  • Road Surface Type Paved
  • Sign On Property YN Yes
  • Vehicle Storage 2 Car, Auto Door Opener, Detached

Exterior

  • RoofMembrane, Shingle

Property Information

  • Acreage0.22
  • Lot Features Intown, Near Golf Course, Near Shopping, Neighborhood, Subdivided, Open Lot, Rolling Slope, Sidewalks, Landscaped, Near Public Transit
  • Square Feet3,124

Water Body

  • Water AccessPublic

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

46 Casco Rd, Brunswick - Portside Luxury Home participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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