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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
$ 325,000
ROI
28.0
Cash Flow/m
748- 4 Bed
- 3 Bath
- 1720 sft
71 Warren Avenue, Lewiston, ME, 04240
Currently Rented
Rental Income
$ 299,000
ROI
20.2Cash Flow/m
33- 5 Bed
- 2 Bath
- 2186 sft
103 Winter Street, Lewiston, ME, 04240
Rental Income
$ 349,000
ROI
24.0Cash Flow/m
413- 3 Bed
- 2 Bath
- 1555 sft
153 Spring Street, Lewiston, ME, 04240
$ 299,900
ROI
20.1Cash Flow/m
27- 6 Bed
- 2 Bath
- 4888 sft
179 Lincoln 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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