171 Walnut Street, Lewiston, ME 04240
Local realty services provided by:CENTURY 21 Nason Realty, Inc.
171 Walnut Street,Lewiston, ME 04240
$450,000
- - Beds
- 3 Baths
- 3,124 sq. ft.
- Multi-family
- Active
Office: keller williams realty207-553-2662
MLS#:1672103
Source:ME_MREIS
Price summary
- Price:$450,000
- Price per sq. ft.:$144.05
About this home
Excellent owner-occupied or investment opportunity! Well-maintained 3-unit building situated on a rare double lot in a convenient Lewiston location, just minutes from Bates College, St. Mary's Regional Medical Center, Central Maine Medical Center, downtown amenities, shopping, and restaurants. Offering over 3,000 square feet of living space, this solid multi-family property features stable in-place rental income with excellent upside potential.
The building includes two first-floor one-bedroom units and a spacious second-floor three-bedroom apartment, providing an attractive mix of unit sizes for both investors and owner-occupants. Each unit offers in-unit laundry, generous storage, and comfortable living spaces.
Major capital improvements have already been completed, including a brand-new roof (July 2026), newer furnace, replacement windows, and low-maintenance vinyl siding, providing peace of mind for years to come. Outside, the oversized double lot offers abundant off-street parking for tenants and guests, along with a detached two-car garage for additional parking, storage, or workshop space.
Whether you're looking to offset your mortgage by living in one unit while collecting rental income from the others, or expand your investment portfolio with a well-maintained income-producing property, this versatile multi-family offers exceptional value in a highly desirable location close to colleges, hospitals, and major employers.
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Home facts
- Year built:1926
- Listing ID #:1672103
- Updated:July 21, 2026 at 11:03 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Vinyl, Wood
- Bathrooms Description:Bathtub, Shower
- Bedroom Description:1st Floor Bedroom
- Basement Description:Full, Interior Entry, Unfinished
- Living area:3,124 sq. ft.
Heating and cooling
- Cooling:Wall Units
- Heating:Baseboard, Heating, Hot Water, Oil, Radiator, Steam
Structure and exterior
- Roof:Membrane, Shingle
- Year built:1926
- Building area:3,124 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Intown, Landscaped, Near Golf Course, Near Public Transit, Near Shopping, Neighborhood, Open Lot, Rolling Slope, Sidewalks, Subdivided
- Construction Materials:Vinyl Siding, Wood Frame, Wood Siding
- Exterior Features:Deck, Porch, Porch-Screened
- Foundation Description:Brick/Mortar, Poured Concrete
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$450,000
- Price per sq. ft.:$144.05
- Tax amount:$5,050 (25)
Features and amenities
- Laundry features:Washer Hookup
- Amenities:Storage
Parking
- Parking description:1 - 4 Spaces, Detached, Garage Door Opener, Off street, On Site, Paved
- Garage:Yes
- Garage spaces:2
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