We are pleased to present 127 Howe Street for sale - a five-unit market-rate multi-family asset located in the heart of downtown Lewiston, Maine. Comprising two detached wood-frame buildings on a 0.31± acre parcel, the property combines a strong in-place income stream with meaningful value-add upside through its substantial surplus land area. The property consists of a front building (three units, 2-3 stories) and a fully gut-renovated rear building (two units), constructed circa 1896 and extensively updated beginning in 2021. All five units are two-bedroom/one-bath configurations of varying sizes. Unit interiors are in good condition, with the rear building reflecting above-average condition following a complete renovation from the studs, including new plumbing, electrical, flooring, and modern bathroom tile surrounds. The front building has received select updates to flooring and mechanicals. The property presents a compelling combination of near-term income stability and longer-term development optionality - rare in the current Lewiston/Auburn multifamily market.
Multi-familyProperty Type
1896Year Built
0.31 acresLot Size
$130Price/Sq.Ft.
Listed by Bryan Plourde• The Dunham Group
Bought with Nicholas Dambrie• Keller Williams Realty
Well kept 3 unit with the option to update a second building with 2 units that has been gutted. There have been longtime tenants in the 3 units. The extra building lot has been used as a parking lot for the tenants. Great investment opportunity! Located just minutes away from the amenities of town and I-95.
Year
Property tax
Land + Additions
Assessment*
2025
$3,993 (+3.2%)
$26,760 + $95,040
$121,800
2024
$3,870 (+5.9%)
$26,760 + $95,040
$121,800
2023
$3,654 (+5.3%)
$26,760 + $95,040
$121,800
2022
$3,471 (+0.8%)
$26,760 + $95,040
$121,800
2021
$3,442 (+14.1%)
$26,760 + $95,040
$121,800
2020
$3,016 (−0.8%)
$26,760 + $78,420
$105,180
2019
$3,041 (+0.8%)
$26,760 + $78,420
$105,180
2018
$3,016 (+2.3%)
$26,760 + $78,420
$105,180
2017
$2,947 (+1.7%)
$26,760 + $78,420
$105,180
2016
$2,897 (+0.6%)
$26,760 + $78,420
$105,180
2015
$2,879 (+2.9%)
$26,760 + $78,420
$105,180
2014
$2,797 (+0.6%)
$26,760 + $78,420
$105,180
2013
$2,781
$26,760 + $78,420
$105,180
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Androscoggin County
APN
835868
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
DR
DESIGN DISTRICT OVERLAY
UE
Downtown Residential District
The purpose of the downtown residential district is to promote the improvement of older residential neighborhoods within the downtown by encouraging a transition to more mixed use neighborhoods, including owner-occupied, mixed-age and mixed-income housing with less density where desired and appropriate, low-intensity nonresidential uses, more open space and other neighborhood amenities, creating diverse, mixed-use neighborhoods. The standards of the district will encourage the upgrading of the existing neighborhoods by removing blight and vacancy, providing an opportunity for new residential and commercial development, and fostering a sense of community and place through neighborhood meeting, gathering and cultural places.
Zone overlays
Urban Enterprise District
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Mixed use
Office
Research & development
Public service
Property details
Parking
Parking Information
Parking Features: Paved, On Site
Interior
Bathroom Information
# of Baths (Full): 5
Basement Information
Basement Entry: Interior Entry, Full, Unfinished
Interior Features
Interior Features: Storage
Flooring: Laminate
Exterior
Building Information
Construction Materials: Wood Frame, Vinyl Siding
Roof: Shingle
Total Building Area (Sq. Ft.): 5,596
Property Information
Year Built: 1896
Above-Grade Finished Area (Sq. Ft.): 5,596
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $13,503.60
Lot Size (Acres): 0.31
Lot Size Source: Public Records
Lot Features: Intown, Neighborhood, Level, Sidewalks
Road Surface Type: Paved
Zoning: DR
Financial
Tax Information
Annual Tax Amount: $3,993
Tax Year: 2025
Utilities
Utility Information
Has Heating
Heating: Baseboard, Hot Water
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities On: Yes
Water Source: Public
Water Heater: Electric
Location
Multi-Unit Information
# of Units Total: 5
# of 2 Bedroom Units: 5
Operating Expense: $42,831
Gross Income: $119,364
Unit 1 Information
# of Baths (Full): 1
# of Bedrooms: 2
# of Rooms: 5
Actual Rent: $1,750
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Baths (Full): 1
# of Bedrooms: 2
# of Rooms: 5
Actual Rent: $2,000
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Baths (Full): 1
# of Bedrooms: 2
# of Rooms: 5
Actual Rent: $2,200
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Baths (Full): 1
# of Bedrooms: 2
# of Rooms: 5
Actual Rent: $2,000
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 5 Information
# of Baths (Full): 1
# of Bedrooms: 2
# of Rooms: 5
Actual Rent: $2,200
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Location Information
Unparsed Address: 127 Howe Street, Lewiston, ME 04240
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.31 acres
Style: Other
Year Built: —
Year Renovated: —
County: Androscoggin County
APN: 835868
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Robert V. Connors Elementary School
Public PreK-6 • Assigned • 0.5mi
1/10
Lewiston Middle School
Public 7-8 • Assigned • 0.6mi
1/10
Lewiston High School
Public 9-12 • Assigned • 0.5mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 93° expected this year, 16 days in 30 years
4/10 Wind Factor
14% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Lewiston, ME • 04240
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47
31
32
15
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.