T
Seller's Agent in 2026
Tyler Stewart
Elevate Maine Realty
(207) 213-7644
4 in this area
22 Total Sales
47 Pierce St Lewiston, ME 04240
--
Bed
6
Baths
7,560
Sq Ft
8,276
Sq Ft Lot Lot
Highlights
- Wood Flooring
- Level Lot
- 4-minute walk to Kennedy Park
- No HOA
- Radiator
About This Home
As of June 2026Fully occupied 6-unit multifamily in Lewiston featuring a strong unit mix of (3) three-bedroom units and (3) four-bedroom units. Large layouts support consistent rental demand. The property is currently producing a 12% cap rate, offering immediate in-place cash flow with additional upside through rent growth and operational improvements. The building received a new EPDM roof in 2018 and includes a spacious on-site parking lot, further enhancing long-term stability. A solid value-add opportunity in a proven rental market.
Last Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,078
Year Built
- Built in 1881
Lot Details
- 8,276 Sq Ft Lot
- Level Lot
Home Design
- Flat Roof Shape
- Wood Frame Construction
- Vinyl Siding
Interior Spaces
- 6 Full Bathrooms
- 7,560 Sq Ft Home
- Multi-Level Property
- Unfinished Basement
- Interior Basement Entry
Flooring
- Wood
- Tile
- Vinyl
Parking
- Common or Shared Parking
- Paved Parking
- On-Site Parking
- Off-Street Parking
Location
- City Lot
Utilities
- No Cooling
- Radiator
Listing and Financial Details
- Tax Lot 527
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Operating Expense $53,525
- Gross Income $122,400
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 06/04/2026 06/04/26 | Sold | $486,668 | -15.4% | $64 / Sq Ft |
| 03/18/2026 03/18/26 | Pending | -- | -- | -- |
| 02/25/2026 02/25/26 | For Sale | $575,000 | -- | $76 / Sq Ft |
Source: Maine Listings
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 | $5,078 | $154,900 | $21,840 | $133,060 |
| 2024 | $3,967 | $124,870 | $21,840 | $103,030 |
| 2023 | $3,746 | $124,870 | $21,840 | $103,030 |
| 2022 | $3,559 | $124,870 | $21,840 | $103,030 |
| 2021 | $3,529 | $124,870 | $21,840 | $103,030 |
| 2020 | $3,580 | $124,870 | $21,840 | $103,030 |
| 2019 | $3,610 | $124,870 | $21,840 | $103,030 |
| 2018 | $3,580 | $124,870 | $21,840 | $103,030 |
| 2017 | $3,499 | $124,870 | $21,840 | $103,030 |
| 2016 | $3,439 | $124,870 | $21,840 | $103,030 |
| 2015 | $3,418 | $124,870 | $21,840 | $103,030 |
| 2014 | $3,320 | $124,870 | $21,840 | $103,030 |
| 2013 | $3,302 | $124,870 | $21,840 | $103,030 |
Source: Public Records
Agents Affiliated with this Home
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Tyler Stewart
-
N
Buyer's Agent in 2026
NON-MREIS AGENT
Non MREIS Agency
Map
Source: Maine Listings
MLS Number: 1652671
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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