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  • $359,000

    54 Pierce Street, Lewiston, ME 04240

    18beds
    4,648sqft
    Multi Family
    Built in 1863
    -- sqft lot
    $526,800 Zestimate®
    $77/sqft
    $1,514 Estimated rent

    Home value

    $526,800

    $474,000 - $590,000

    $1,514/mo

    Zestimate® history
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    $1,514/mo

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    $1,514/mo

    Rent Zestimate®

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    $1,820/mo

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    $1,820/mo

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    What's special

    Introducing an incredible investment opportunity! This 6-unit multi-family property is a fantastic value proposition for savvy investors. With a proven rental history and impressive income potential, it promises a solid return on investment. Each unit offers spacious layouts and abundant natural light, ensuring comfortable living spaces for tenants. Located in a downtown setting, this property provides convenient access to nearby amenities, including shopping centers, dining options, and public transportation. Its strategic location also allows for easy commuting and attracts a diverse pool of tenants. With its strong rental demand and desirable location, this multi-family property is a smart choice for those looking to maximize their investment potential. This property presents a promising opportunity for both seasoned investors and those new to real estate. Whether you're expanding your portfolio or entering the market, this 6-unit multi-family property offers an excellent chance to secure consistent cash flow and long-term growth. Don't miss out on this lucrative venture that combines affordability, tenant appeal, and a prime location. Act now and seize this remarkable investment opportunity!

    Zillow last checked: 7 hours ago

    Listing updated: February 19, 2026 at 01:19pm

    Listed by:

    Keller Williams Realty

    Bought with:

    HomeSmart

    Source: Maine Listings,MLS#: 1559901MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Other, Vinyl, Wood
    • Basement: Interior Entry
    Interior area
    • Total structure area: 4,648
    • Total interior livable area: 4,648 sqft
    • Finished area above ground: 4,648
    • Finished area below ground: 0

    Property

    Features
    • Levels: Multi/Split
    Lot
    • Size: 4,356 sqft
    Details
    • Zoning: DR

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Roof: Flat
    Condition
    • Year built: 1863

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Lewiston

    Price history

    DateEventPrice
    10/28/2025Listing removed$1,725
    Source: Zillow Rentals Report a problem
    9/9/2025Listed for rent$1,725+11.3%
    Source: Zillow Rentals Report a problem
    9/18/2023Sold$359,000-4.3%$77/sqft
    Source: Maine Listings #1559901 Report a problem
    7/20/2023Pending sale$375,000$81/sqft
    Source: Maine Listings #1559901 Report a problem
    6/22/2023Listed for sale$375,000$81/sqft
    Source: Maine Listings #1559901 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 04240

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $526,800
    2% more
    +$10,536
    With Zillow Showcase(estimated)
    $537,336