NOT LISTED FOR SALE

128 Pine St Lewiston, ME 04240

-- Bed
6 Baths
5,530 Sq Ft
3,485 Sq Ft Lot

Last Sold June 18, 2021

Last sale price $279,900 $51 Per Sq Ft

1 Day on Market

Highlights

  • Corner Lot
  • Hot Water Heating System
  • Carpet
  • No HOA
  • Asbestos
  • 5-minute walk to Kennedy Park

About This Home

As of June 2021

Versatile investment opportunity in Lewiston! This well-maintained property offers five residential units and one commercial unit, providing a stable revenue stream with additional potential. Significant improvements were made in 2022, including exterior painting, new porches, fire escapes, windows, and a variety of targeted upgrades throughout the residential units. Updates being done to the second-floor unit (Unit 3) are nearly complete, providing added value for investors.
The commercial unit underneath has been completely transformed into a clean, modern workspace—ideal for small businesses or independent professionals seeking a move-in-ready location. With close proximity to major commuter routes, public transportation, hospitals, college campuses, and local amenities, this property represents a smart investment opportunity in a high-demand rental market.

Last Agent to Sell the Property

Susan Hill

River's Edge Realty LLC Listed on: 05/04/2021

Last Buyer's Agent

Susan Hill

Morton & Furbish Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,499

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 6 Full Bathrooms
  • 5,530 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 415
  • Assessor Parcel Number LEWI-000195-000000-000415

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $11,480
  • Gross Income $39,312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,499

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5530.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 50.61
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 5530.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 6
  • Income Expenses Gross Income: 39312.0
  • Income Expenses Operating Expenses: 11480.0
  • Style:Multi-Level: Yes
  • Property Information:Deed Restrictions: Unknown
  • Exterior:Asbestos: Yes
  • Roof:Flat: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 6
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: LEWI-000195-000000-000415
  • Zoning: CB

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 39312.0
  • Annual Operating Expense: 11480.0

Tax Info

  • Tax Annual Amount: 3499.0
  • Tax Lot: 415
  • Tax Year: 2020

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2025 10/23/25 Price Changed $610,000 -3.0% $101 / Sq Ft
07/24/2025 07/24/25 For Sale $629,000 +124.7% $104 / Sq Ft
06/18/2021 06/18/21 Sold $279,900 0.0% $51 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $279,900 -- $51 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,530 $138,200 $15,480 $122,720
2024 $4,391 $138,200 $15,480 $122,720
2023 $4,146 $138,200 $15,480 $122,720
2022 $3,939 $138,200 $15,480 $122,720
2021 $3,451 $122,100 $15,480 $106,620
2020 $3,499 $122,040 $15,480 $106,560
2019 $3,528 $122,040 $15,480 $106,560
2018 $3,499 $122,040 $15,480 $106,560
2017 $3,420 $122,040 $15,480 $106,560
2016 $3,361 $122,040 $15,480 $106,560
2015 $3,340 $122,040 $15,480 $106,560
2014 $3,245 $122,040 $15,480 $106,560
2013 $3,227 $122,040 $15,480 $106,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1490190

Maine Listings