Active

Price cut: $20K (1/19)

$525,000

227 Blake Street, Lewiston, ME 04240

16beds

3,478sqft

Est.:

Multi Family

Built in 1875

-- sqft lot

$500,200 Zestimate^®

$151/sqft

$-- HOA

What's special

Off-street parking

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!

133 days

253

14

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 5
Full bathrooms: 5

Heating

Forced Air, Hot Water

Cooling

None

Features

Flooring: Carpet, Vinyl
Basement: Interior Entry

Interior area

Total structure area: 3,478
Total interior livable area: 3,478 sqft
Finished area above ground: 3,478
Finished area below ground: 0

Property

Accessibility

Accessibility features: 32 - 36 Inch Doors

Lot

Size: 4,791.6 Square Feet

Details

Zoning: DR

Construction

Type & style

Home type: MultiFamily
Architectural style: Cape Cod,Colonial
Property subtype: Multi Family

Materials

Roof: Pitched,Shingle

Condition

Year built: 1875

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Location

Region: Lewiston

Financial & listing details

Price per square foot: $151/sqft
Annual tax amount: $3,350
Date on market: 11/18/2025

Estimated market value

$500,200

$475,000 - $525,000

$1,476/mo

Price history

Date	Event	Price
1/19/2026	Price change	$525,000-3.7%$151/sqft
Source: Maine Listings #1643853 Report a problem
11/18/2025	Listed for sale	$545,000+316%$157/sqft
Source: Maine Listings #1643853 Report a problem
11/18/2019	Sold	$131,000-6.4%$38/sqft
Source: Maine Listings #1404683 Report a problem
9/25/2019	Pending sale	$139,900$40/sqft
Source: CENTURY 21 Advantage #1404683 Report a problem
8/16/2019	Price change	$139,900-6.7%$40/sqft
Source: CENTURY 21 Advantage #1404683 Report a problem
2/18/2019	Listed for sale	$150,000$43/sqft
Source: Century 21 Advantage #1404683 Report a problem
8/17/2015	Listing removed	$795
Source: Great Falls Property Management Report a problem
8/5/2015	Listed for rent	$795
Source: Great Falls Property Management Report a problem