$495,000

Estimated payment $3,000/month

Total Views 103
-- Beds
3 Baths
5,355 Sq Ft
$92 Price per Sq Ft

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Porch
  • Wood Flooring
  • No HOA
  • In-Law or Guest Suite

About This Home

INVESTMENT OPPORTUNITY IN LEWISTON! Discover the potential at 280 Pine St, a three-unit multifamily property offering an excellent opportunity for investors seeking strong rental income and additional upside. The property features three fully occupied spacious 3-bedroom+ units, each currently renting for $2,000+ per month, producing $72,000+ in gross annual rental income. Each unit offers the convenience of dedicated laundry, along with its own covered porch. The property also includes a separate maintenance unit/storage area with a bathroom, offering additional utility and flexibility for ownership or property operations. The property does need some TLC, including vinyl siding repairs and remodeling, making this an attractive opportunity for an investor looking to improve the property and add value while maintaining an established income stream. With strong rents, multiple bedrooms per unit, dedicated laundry, covered porches, and additional storage space, 280 Pine St offers a compelling combination of current cash flow and future potential. Bring your vision and capitalize on the opportunity to improve and maximize this Lewiston multifamily property. *Property is being sold as-is and likely does not qualify for some loan types in its current condition. Interior photos were taken a year ago prior to currant tenancy.

Listing Agent

Dustin Mallar

Maine Source Realty Listed on: 09/15/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,476

Year Built

  • Built in 1922

Home Design

  • 5,355 Sq Ft Home
  • Flat Roof Shape
  • Brick Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Flooring

  • Wood
  • Linoleum
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Washer Hookup

Basement

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

Parking

  • Gravel Driveway
  • On-Site Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Electricity To Lot Line
  • Cable TV Available

Additional Features

  • Porch
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 98

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $1
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,476

Year Built

Built in 1922

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 5355.00
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1922
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Deed Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Cable
  • Has Basement: Interior Entry, Full, Brick/Mortar
  • Full Bathrooms: 3
  • Flooring: Laminate, Vinyl, Wood, Linoleum
  • Interior Amenities: 1st Floor Bedroom, Bathtub, In-Law Floorplan

Exterior Features

  • Lot Features: Intown, Sidewalks, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Poured Concrete, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Flat, Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, 5 - 10 Spaces, On Site

Utilities

  • Laundry Features: Main Level, Upper Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas Natural, Hot Water, Radiant, Radiator
  • Heating Yn: Yes
  • Electric: On Site, 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: 6534.00
  • Zoning: OR

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 72000.00
  • Annual Operating Expense: 1.00

Tax Info

  • Tax Annual Amount: 4476.00
  • Tax Lot: 98
  • Tax Year: 2025

Map

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

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 $4,476 $136,560 $24,840 $111,720
2024 $4,339 $136,560 $24,840 $111,720
2023 $4,097 $136,560 $24,840 $111,720
2022 $3,892 $136,560 $24,840 $111,720
2021 $3,859 $136,560 $24,840 $111,720
2020 $3,915 $136,560 $24,840 $111,720
2019 $3,948 $136,560 $24,840 $111,720
2018 $3,915 $136,560 $24,840 $111,720
2017 $3,826 $136,560 $24,840 $111,720
2016 $3,761 $136,560 $24,840 $111,720
2015 $3,738 $136,560 $24,840 $111,720
2014 $3,631 $136,560 $24,840 $111,720
2013 $3,611 $136,560 $24,840 $111,720
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
09/15/2026 09/15/26 For Sale $495,000 +330.4% $92 / Sq Ft
10/29/2014 10/29/14 Sold $115,000 -10.9% $21 / Sq Ft View Prior Sale
08/02/2014 08/02/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $129,000 +100.0% $24 / Sq Ft
06/13/2014 06/13/14 Sold $64,500 -7.7% $12 / Sq Ft View Prior Sale
05/18/2014 05/18/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $69,900 -- $13 / Sq Ft
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
Personal Reps Deed -- None Available
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
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.

Date Status Loan Amount Loan Type
Previous Owner $113,250 Stand Alone Refi Refinance Of Original Loan
Closed $112,917 FHA
Previous Owner $35,000 Unknown
Previous Owner $126,000 Unknown
Source: Public Records

About the Listing Agent

Dustin Mallar

Maine Source Realty

(207) 421-9704

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Source: Maine Listings

MLS Number: 1680737

Maine Listings

APN: LEWI-000174-000000-000098

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