$545,000

227 Blake St Lewiston, ME 04240

Estimated payment $3,138/month

Total Views 36
-- Bed
5 Baths
3,478 Sq Ft
$157 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • Main Floor Bedroom
  • Forced Air Heating System
  • Colonial Architecture
  • No HOA
  • 4-minute walk to Kennedy Park

About This Home

This five-unit building brings in $75,240 in gross annual income and offers: two 2-bedrooms and three 4-bedrooms. Rents are stable, demand is steady, and the building has a proven rental history. Off-street parking is a major plus in this part of town, and the property has been consistently profitable- making it a smart addition to any growing portfolio. Whether you're a seasoned investor or looking to scale, this one checks the boxes. Property offers an increase of gross income to over $100,000 in 2026!

Listing Agent

Joshua Cousineau

Real Broker Brokerage Phone: 207-212-1523 Listed on: 11/18/2025

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,350

Year Built

  • Built in 1875

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,478 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 5 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System

Additional Features

  • Doors are 32 inches wide or more
  • Additional Residence on Property

Listing and Financial Details

  • Tax Lot 224
  • Assessor Parcel Number LEWI-000196-000000-000224

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Pet Policy

  • Breed Restrictions

Building Details

  • Operating Expense $19,826
  • Gross Income $75,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,350

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 3478.0
  • Architectural Style: Cape Cod, Colonial
  • Garage Yn: No
  • Year Built: 1875
  • Attribution Contact: 207-212-1523
  • Contract Information:List PriceSqFt: 156.7
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Unfurnished
  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Interior Entry, Full, Unfinished
  • Full Bathrooms: 5
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 3

Exterior Features

  • Lot Features: Near Shopping, Near Town, Level, Open Lot, Sidewalks
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Stone
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, 1 - 4 Spaces, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Breed Restrictions

Schools

  • Junior High Dist: Lewiston Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: LEWI-000196-000000-000224
  • Zoning: DR

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 75240.0
  • Annual Operating Expense: 19826.0

Tax Info

  • Tax Annual Amount: 3350.0
  • Tax Lot: 224

Map

Range of Values:

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Value Increase
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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 Prior Sale
11/18/2025 11/18/25 For Sale $545,000 +316.0% $157 / Sq Ft
11/18/2019 11/18/19 Sold $131,000 -12.7% $44 / Sq Ft View Prior Sale
09/21/2019 09/21/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $150,000 -- $50 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1643853

Maine Listings
Maine Androscoggin County Lewiston 04240

227 Blake St, Lewiston, ME

For Sale

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