OPEN HOUSE, March 21st 12-2PM! Welcome to 216 Russell Street--an opportunity packed with flexibility and income potential in Lewiston near Bates College. Set on a generous half-acre lot, this well-located mixed-use property offers room to spread out while still enjoying the benefits of an in-town location.
The property features two residential units plus a commercial space, making it ideal for investors, owner-occupants, or entrepreneurs looking to combine living and working in one place. Each residential unit includes two bedrooms and one full bathroom, separate laundry hookups, and practical layouts designed for comfortable living.
The first-floor unit is rich in character, highlighted by high ceilings, hardwood floors, wide baseboards, and a classic tin ceiling. A large mudroom adds everyday functionality--perfect for Maine seasons and extra storage.
Adding even more value is a 420± sq ft commercial space, located within the Neighborhood Business District. Whether you envision a home-based business, office, studio, or income-producing rental, this flexible space offers excellent potential for additional revenue.
With its mixed-use zoning, classic architectural details, ample outdoor space, and multiple income streams, 216 Russell Street is a rare opportunity that blends character, versatility, and long-term value.
Active under contract
$259,900
216 Russell Street, Lewiston, ME 04240
4beds
2,420sqft
Est.:
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$107/sqft
$-- HOA
What's special
Two residential unitsHigh ceilingsClassic tin ceilingWide baseboardsAmple outdoor spaceHardwood floorsGenerous half-acre lot
- 44 days |
- 1,351 |
- 68 |
Zillow last checked: 7 hours ago
Listing updated: March 23, 2026 at 05:03am
Listed by:
Dream Home Realty LLC
Source: Maine Listings,MLS#: 1652885
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water
Cooling
- None
Features
- Flooring: Vinyl, Wood, Linoleum
- Basement: Interior Entry
Interior area
- Total structure area: 2,420
- Total interior livable area: 2,420 sqft
- Finished area above ground: 2,420
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Patio & porch: Porch
Lot
- Size: 0.5 Acres
Details
- Parcel number: LEWIM146L073
- Zoning: NB/NCA
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Lewiston
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $115,100
- Annual tax amount: $3,773
- Date on market: 3/2/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,841/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Contingent | $259,900$107/sqft |
Source: | ||
| 3/16/2026 | Listed for sale | $259,900$107/sqft |
Source: | ||
| 3/11/2026 | Contingent | $259,900$107/sqft |
Source: | ||
| 3/2/2026 | Listed for sale | $259,900$107/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,657 +5.9% | $115,100 |
| 2023 | $3,453 +5.3% | $115,100 |
| 2022 | $3,280 +0.8% | $115,100 |
| 2021 | $3,253 +9.4% | $115,100 +11% |
| 2020 | $2,974 -0.8% | $103,740 |
| 2019 | $2,999 +0.8% | $103,740 |
| 2018 | $2,974 +2.3% | $103,740 |
| 2017 | $2,907 +1.8% | $103,740 |
| 2016 | $2,857 +0.6% | $103,740 |
| 2015 | $2,839 | $103,740 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,559/mo
Principal & interest
$1340
Property taxes
$219
More affordability tools
Climate risks
Neighborhood: 04240
Nearby schools
GreatSchools rating
- 1/10Montello SchoolGrades: PK-6Distance: 0.5 mi
- 1/10Lewiston Middle SchoolGrades: 7-8Distance: 0.6 mi
- 2/10Lewiston High SchoolGrades: 9-12Distance: 0.8 mi
Local experts in 04240
- Maine
- Androscoggin County
- Lewiston
- 04240
- 216 Russell Street




