$500,000
SOLD AUG 13, 2025

13 Newman St Lewiston, ME 04240

-- Bed
3 Baths
2,100 Sq Ft
0.42 Acres

Recently Sold

$238 Per Sq Ft

11% Above List Price

2 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Porch
  • Wood Flooring
  • 3 Car Detached Garage
  • Shed

About This Home

As of August 2025

Turnkey 3-Unit Investment Opportunity - Prime Location! Potential GAI of $58,800.00 Located on a quiet street close to hospitals, shopping, Bates College, and the turnpike, this well-maintained and recently updated property offers an ideal blend of convenience and charm. Each unit features hardwood floors, individual garage bays, off-street parking, and two units include laundry hookups. Set on a spacious, landscaped lot, this property has a strong rental history and is perfect for both investors and owner-occupants alike. Don't miss out on this solid income-producing asset!

Last Agent to Sell the Property

Veronica Schneider

Portside Real Estate Group Listed on: 07/09/2025

Last Buyer's Agent

Nicholas Dambrie

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,098

Year Built

  • Built in 1930

Lot Details

  • 0.42 Acre Lot
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,100 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Outdoor Features

  • Shed
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 170
  • Assessor Parcel Number LEWI-000174-000000-000170

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $7,014
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,098

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.42
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Campus Ave to Newman Street. Property on RIGHT. Sign on Property.
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Other, Colonial
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.42
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2100.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 3.0
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 58800.0
  • Income Expenses Operating Expenses: 7013.62
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Info:Island3: No
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Other Structures:Shed(s): Yes
  • Levels:Multi-Level3: Yes
  • Heat System:Zoned: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Interior, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Other, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lewiston Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18295.2
  • Parcel #: LEWI-000174-000000-000170
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 58800.0
  • Annual Operating Expense: 7013.62

Tax Info

  • Tax Annual Amount: 4098.0
  • Tax Book Number: 11627
  • Tax Lot: 170
  • Tax Map Number: 174
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Aug 13, 2025
Sold by
13 Newman Llc
Bought by
Chamberlain Samuel
Seller's Agent
Veronica Schneider
Portside Real Estate Group
Buyer's Agent
Nicholas Dambrie
Keller Williams Realty
List Price
$449,900
Sold Price
$500,000
Premium/Discount to List
$50,100
11.14%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-68.57%
Original Mortgage
$475,000
Outstanding Balance
$475,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$29,646

Purchase Details

Listed on
May 7, 2024
Closed on
Jul 22, 2024
Sold by
Cross Barbara I
Bought by
13 Newman Llc
Seller's Agent
Cynthia Powell
Realty ONE Group - Compass
Buyer's Agent
Veronica Schneider
Portside Real Estate Group
List Price
$345,000
Sold Price
$387,000
Premium/Discount to List
$42,000
12.17%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.34%
Original Mortgage
$285,750
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 22, 2018
Closed on
Oct 17, 2018
Sold by
Rancourt Marc A
Bought by
Cross Barbara I
Seller's Agent
Brian DuBois
Keller Williams Realty
Buyer's Agent
Don Kilbreth Deanna Kilbreth
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$169,900
Sold Price
$172,000
Premium/Discount to List
$2,100
1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.06%
Original Mortgage
$168,884
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 --
Warranty Deed $387,000 None Available
Warranty Deed $387,000 None Available
Warranty Deed $387,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 New Conventional
Previous Owner $285,750 Commercial
Previous Owner $168,884 FHA
Previous Owner $98,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Sold $500,000 +11.1% $238 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $449,900 +16.3% $214 / Sq Ft
07/22/2024 07/22/24 Sold $387,000 +12.2% $184 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $345,000 +100.6% $164 / Sq Ft
10/12/2018 10/12/18 Sold $172,000 +1.2% $82 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $169,900 -- $81 / 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
2024 $4,098 $129,000 $19,800 $109,200
2023 $3,870 $129,000 $19,800 $109,200
2022 $3,677 $129,000 $19,800 $109,200
2021 $3,646 $129,000 $19,800 $109,200
2020 $3,698 $129,000 $19,800 $109,200
2019 $3,729 $129,000 $19,800 $109,200
2018 $3,698 $129,000 $19,800 $109,200
2017 $3,235 $115,440 $19,800 $95,640
2016 $3,179 $115,440 $19,800 $95,640
2015 $3,160 $115,440 $19,800 $95,640
2014 $3,070 $115,440 $19,800 $95,640
2013 $3,052 $115,440 $19,800 $95,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1629821

Maine Listings

APN: LEWI-000174-000000-000170