71 Warren Ave Lewiston, ME 04240
Estimated payment $2,304/month
Highlights
- New Englander Architecture
- 1 Car Detached Garage
- Level Lot
- No HOA
- Landscaped
- Carpet
About This Home
This fully occupied 3-unit multifamily property is a solid investment opportunity. The building includes a studio, a one-bedroom, and a spacious two-bedroom unit—providing diverse rental appeal for steady occupancy. Each unit features its own laundry, adding convenience and value for tenants. Located on a quiet, the property features a detached one-car garage, fenced yard, and a large parking area for tenant convenience. Recent updates add even more value including a new electrical panel, third floor renovation and updates in the first-floor apartment. This is a well-maintained, income-producing property with thoughtful improvements already in place—ready for its next investor or owner-occupant.
Listing Agent
Sprague & Curtis Real Estate Brokerage Email: heather@spragueandcurtis.com Listed on: 07/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,406
Year Built
- Built in 1897
Lot Details
- 7,841 Sq Ft Lot
- Landscaped
- Level Lot
- Open Lot
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- New Englander Architecture
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 1,720 Sq Ft Home
- Multi-Level Property
Flooring
- Carpet
- Laminate
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- City Lot
Utilities
- No Cooling
- Radiator
- Heating System Uses Oil
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Tax Lot 268
- Assessor Parcel Number LEWI-000174-000000-000268
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $11,766
- Gross Income $42,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $3,406 | $107,200 | $19,920 | $87,280 |
| 2023 | $3,216 | $107,200 | $19,920 | $87,280 |
| 2022 | $2,703 | $94,830 | $19,920 | $74,910 |
| 2021 | $2,680 | $94,830 | $19,920 | $74,910 |
| 2020 | $2,719 | $94,830 | $19,920 | $74,910 |
| 2019 | $2,742 | $94,830 | $19,920 | $74,910 |
| 2018 | $2,719 | $94,830 | $19,920 | $74,910 |
| 2017 | $2,657 | $94,830 | $19,920 | $74,910 |
| 2016 | $2,612 | $94,830 | $19,920 | $74,910 |
| 2015 | $2,595 | $94,830 | $19,920 | $74,910 |
| 2014 | $2,399 | $90,240 | $19,920 | $70,320 |
| 2013 | $2,386 | $90,240 | $19,920 | $70,320 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | For Sale | $369,000 | +84.5% | $215 / Sq Ft |
| 11/18/2022 11/18/22 | Sold | $200,000 | 0.0% | $116 / Sq Ft |
| 10/31/2022 10/31/22 | Pending | -- | -- | -- |
| 10/22/2022 10/22/22 | For Sale | $200,000 | -- | $116 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $125,900 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $80,000 | Adjustable Rate Mortgage/ARM |
Source: Maine Listings
MLS Number: 1631119
APN: LEWI-000174-000000-000268
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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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