227 Blake St Lewiston, ME 04240
Lewiston AreaEstimated payment $3,132/month
Highlights
- Additional Residence on Property
- Main Floor Bedroom
- Property is near shops
- Cape Cod 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!
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
- Cape Cod Architecture
- Colonial Architecture
- Stone Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,478 Sq Ft Home
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 5 Full Bathrooms
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
- Property is near shops
Listing and Financial Details
- Tax Lot 224
Community Details
Overview
- No Home Owners Association
- 5 Units
Pet Policy
- Pet Size Limit
- Breed Restrictions
Building Details
- Operating Expense $19,306
- Gross Income $75,240
Map
Home Values in the Area
Average Home Value in this Area
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 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 | $3,350 | $102,200 | $17,040 | $85,160 |
| 2024 | $3,247 | $102,200 | $17,040 | $85,160 |
| 2023 | $3,066 | $102,200 | $17,040 | $85,160 |
| 2022 | $2,913 | $102,200 | $17,040 | $85,160 |
| 2021 | $2,888 | $102,200 | $17,040 | $85,160 |
| 2020 | $2,930 | $102,200 | $17,040 | $85,160 |
| 2019 | $2,661 | $92,060 | $17,040 | $75,020 |
| 2018 | $2,639 | $92,060 | $17,040 | $75,020 |
| 2017 | $2,580 | $92,060 | $17,040 | $75,020 |
| 2016 | $2,535 | $92,060 | $17,040 | $75,020 |
| 2015 | $2,520 | $92,060 | $17,040 | $75,020 |
| 2014 | $2,448 | $92,060 | $17,040 | $75,020 |
| 2013 | $2,434 | $92,060 | $17,040 | $75,020 |
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 |
|---|---|---|---|---|---|
| 01/19/2026 01/19/26 | Price Changed | $525,000 | -3.7% | $151 / Sq Ft | |
| 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 |
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 |
|---|---|---|---|
| Warranty Deed | $520,000 | None Available | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
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.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $416,000 | Commercial | |
| Previous Owner | $268,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $806,600 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $562,500 | Commercial |
Source: Maine Listings
MLS Number: 1643853
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Ask me questions while you tour the home.
