Rare opportunity to acquire the iconic Jordan School, widely regarded as one of Lewiston's premier multifamily properties, ideally located just minutes from Bates College. This impressive brick landmark features 45 thoughtfully designed residential units, including 4 studio apartments, 26 one-bedroom units, and 15 two-bedroom units, along with ample on-site parking.
The property has benefited from extensive capital improvements under current ownership, including a new elevator system featuring updated controls, cab, and hydraulics, as well as replacement of both the upper and lower roofs within the past several years. Additionally, 38 units have been substantially renovated with updated flooring, kitchens, bathrooms, appliances, and other modern finishes.
Meticulously maintained and presented in exceptional condition, this trophy asset offers investors the opportunity to own a truly distinguished multifamily property with strong rental appeal and long-term value. Don't miss this chance to add one of Lewiston's finest apartment communities to your portfolio.
Lot Features: Near Town, Neighborhood, Level, Open Lot
Waterfront: No
Construction Type: Masonry, Brick
Roof: Flat, Membrane
Garage/Parking
Attached Garage: No
Parking Features: Paved, 21+ Spaces
Utilities
Cooling: None
Cooling Y N: No
Heating: Gas Natural, Forced Air, Zoned
Heating Yn: Yes
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Water Source: Public
Condo/Co-op/Association
Association: No
Lot Info
Land Lease: No
Lot Size Sq Ft: 57499.20
Zoning: NCB
Multi Family
Number Of Units Total: 45
Annual Gross Income: 770640.00
Annual Operating Expense: 231346.00
Tax Info
Tax Annual Amount: 40064.00
Tax Lot: 251
Tax Year: 2025
Map
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax 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
$40,064
$1,222,200
$102,600
$1,119,600
2024
$38,829
$1,222,200
$102,600
$1,119,600
2023
$36,666
$1,222,200
$102,600
$1,119,600
2022
$34,833
$1,222,200
$102,600
$1,119,600
2021
$34,539
$1,222,200
$102,600
$1,119,600
2020
$35,040
$1,222,200
$102,600
$1,119,600
2019
$35,334
$1,222,200
$102,600
$1,119,600
2018
$35,040
$1,222,200
$102,600
$1,119,600
2017
$34,246
$1,222,200
$102,600
$1,119,600
2016
$33,659
$1,222,200
$102,600
$1,119,600
2015
$33,452
$1,222,200
$102,600
$1,119,600
2014
$32,498
$1,222,200
$102,600
$1,119,600
2013
$32,315
$1,222,200
$102,600
$1,119,600
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
Prior Sale
07/07/202607/07/26
For Sale
$7,350,000
+48.5%
$128 / Sq Ft
05/22/202305/22/23
For Sale
$4,950,000
0.0%
$86 / Sq Ft
05/19/202305/19/23
Sold
$4,950,000
+110.6%
$86 / Sq Ft
View Prior Sale
02/16/202302/16/23
Pending
--
--
--
02/01/202302/01/23
Off Market
$2,350,000
--
--
02/08/201802/08/18
For Sale
$2,350,000
0.0%
--
01/31/201801/31/18
Sold
$2,350,000
--
--
View Prior Sale
10/20/201710/20/17
Pending
--
--
--
Source: Maine Listings
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Type
Sale Price
Title Company
Quit Claim Deed
$1,113,750
None Available
Quit Claim Deed
--
None Available
Quit Claim Deed
$3,836,250
None Available
Quit Claim Deed
--
--
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Thomas Gadbois, “Tom”, is a residential and commercial broker at F.O. Bailey Real Estate. Tom, a South Portland, Maine native, provides his clients with unrivaled market knowledge and steadfast deal execution. Prior to launching his real estate business, Tom worked at his family-owned company, Eastern Carpet Cleaning, a Scarborough business in operation for over 45 years. Tom’s keen ability to foster relationships with the clientele led to a robust Maine network, and his decision to pursue a
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