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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Lewiston, ME
Listed for sale 6 days ago
$ 250,000
ROI
29.8
Cash Flow/m
701- 3 Bed
- 4 Bath
- 1401 sft
84 Old Greene Road, Lewiston, ME, 04240
$ 210,000
ROI
22.4Cash Flow/m
154- 3 Bed
- 1 Bath
- 1008 sft
48 Sylvan Avenue, Lewiston, ME, 04240
$ 235,000
ROI
22.5Cash Flow/m
182- 3 Bed
- 4 Bath
- 1641 sft
1 Lincoln Circle, Lewiston, ME, 04240
Rental Income
$ 255,000
ROI
24.1Cash Flow/m
311- 5 Bed
- 3 Bath
- 2000 sft
291 Bates Street, Lewiston, ME, 04240
Why Invest in Lewiston, Maine?
Lewiston, ME offers strong investment potential in homes under $300k, with affordable entry points for cash-flowing rentals. Average rents support solid yields around 7-8%, while cap rates hover at 6-7% in this stable market. Renter occupancy exceeds 45%, driven by local manufacturing jobs and proximity to Bates College. Annual appreciation of 3-4% adds long-term value, making under-$300k properties attractive for passive income.
8.5%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.5%
1Y Appreciation
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