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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 2 days ago
$ 269,900
ROI
24.9
Cash Flow/m
382- 2 Bed
- 1 Bath
- 907 sft
97 Androscoggin Avenue, Lewiston, ME, 04240
Listed for sale 4 days ago
$ 225,000
ROI
27.7Cash Flow/m
500- 4 Bed
- 2 Bath
- 1497 sft
14 Stewart Street, Lewiston, ME, 04240
Fix & Flip
$ 299,900
ROI
33.0Cash Flow/m
1107- 3 Bed
- 2 Bath
- 1780 sft
184 Old Greene Road, Lewiston, ME, 04240
Motivated Seller
$ 169,680
ROI
38.6Cash Flow/m
890- - Bed
- - Bath
- - sft
102 Pierce St, 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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