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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Lewiston, ME
Rental Income
$ 255,000
ROI
24.1
Cash Flow/m
311- 5 Bed
- 3 Bath
- 2000 sft
291 Bates Street, Lewiston, ME, 04240
$ 349,900
ROI
21.1Cash Flow/m
131- 5 Bed
- 2 Bath
- 1920 sft
64 Old Greene Road, Lewiston, ME, 04240
Currently Rented
Rental Income
$ 299,900
ROI
20.1Cash Flow/m
27- 5 Bed
- 2 Bath
- 2412 sft
42 Pleasant Street, Lewiston, ME, 04240
Rental Income
$ 300,000
ROI
21.0Cash Flow/m
107- 5 Bed
- 2 Bath
- 2464 sft
8 Thompson Street, Lewiston, ME, 04240
Why Invest in Lewiston, Maine?
Multi-family properties in Lewiston, ME offer strong investment potential with steady rental demand. Average rents around $1,900 support solid cash flows for investors. Cap rates hover at 7-8% amid moderate appreciation of 2-3% annually. Renter occupancy exceeds 45%, driven by local workforce needs. Affordable acquisition costs under $350K median make entry accessible. Stable market with low vacancy risks enhances long-term ROI.
8.5%
Avg. ROI
7.2%
Rental Yield
7.5%
Cap Rate
$1250/mo
Avg. Cash Flow
$1925/mo
Avg. Rent
2.2%
1Y Appreciation
Frequently Asked Questions
High renter occupancy over 45% and avg rents near $1,900 provide reliable cash flow. Affordable entry prices under $350K median yield solid cap rates of 7-8%. Steady appreciation supports long-term holds.
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