151 Horton Street, Lewiston, ME 04240
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
151 Horton Street,Lewiston, ME 04240
$850,000
- - Beds
- 9 Baths
- 7,920 sq. ft.
- Multi-family
- Active
Office: keller williams realty
MLS#:1660474
Source:ME_MREIS
Price summary
- Price:$850,000
- Price per sq. ft.:$107.32
About this home
Well-maintained and updated 8-unit multifamily in a strong Lewiston rental market, offering a mix of stability and upside. The property features a diverse unit mix of (2) one-bedroom, (4) two-bedroom, and (2) three-bedroom units - positioning it well to attract a broad tenant base and reduce vacancy risk.
The property has seen a mix of major exterior capital improvements and ongoing interior upgrades. Key components including the roof, siding, and heating system have been updated, helping reduce near-term capital expenditure risk. Several units have been renovated with updated kitchens, flooring, and interior finishes, supporting strong tenant demand and rental performance, while leaving additional units available for future improvements and continued rent growth.
The property offers off-street parking for all units and benefits from Lewiston's continued rental demand and limited supply of larger multifamily assets. With a solid operational foundation already in place, this is a turnkey opportunity for investors seeking dependable cash flow with the ability to further optimize rents and increase long-term value.
Whether you're scaling an existing portfolio or acquiring a stabilized asset in a growing market, this building checks the boxes for both performance and potential....
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Home facts
- Year built:1896
- Listing ID #:1660474
- Updated:June 30, 2026 at 10:21 AM
Rooms and interior
- Total bathrooms:9
- Full bathrooms:9
- Flooring:Vinyl, Wood
- Basement Description:Interior Entry, Unfinished
- Living area:7,920 sq. ft.
Heating and cooling
- Heating:Baseboard, Gas Natural, Heating, Hot Water
Structure and exterior
- Roof:Flat, Membrane
- Year built:1896
- Building area:7,920 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Level, Neighborhood, Sidewalks
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Porch
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$107.32
- Tax amount:$5,381 (2025)
Parking
- Parking description:5 - 10 Spaces, On Site, Paved
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