171 Walnut Street, Lewiston, ME 04240 (MLS # 1672103)

Price $450,000
Status Active
Beds 0
Baths 3 Baths
Home size 3,124 sqft
Lot Size 9,584 sqft
Excellent owner-occupied or investment opportunity! Well-maintained 3-unit building situated on a rare double lot in a convenient Lewiston location, just minutes from Bates College, St. Mary's Regional Medical Center, Central Maine Medical Center, downtown amenities, shopping, and restaurants. Offering over 3,000 square feet of living space, this solid multi-family property features stable in-place rental income with excellent upside potential. The building includes two first-floor one-bedroom units and a spacious second-floor three-bedroom apartment, providing an attractive mix of unit sizes for both investors and owner-occupants. Each unit offers in-unit laundry, generous storage, and comfortable living spaces. Major capital improvements have already been completed, including a brand-new roof (July 2026), newer furnace, replacement windows, and low-maintenance vinyl siding, providing peace of mind for years to come. Outside, the oversized double lot offers abundant off-street parking for tenants and guests, along with a detached two-car garage for additional parking, storage, or workshop space. Whether you're looking to offset your mortgage by living in one unit while collecting rental income from the others, or expand your investment portfolio with a well-maintained income-producing property, this versatile multi-family offers exceptional value in a highly desirable location close to colleges, hospitals, and major employers. **Contains some AI enhanced imagery
Property Type(s): Multi Family
Last Updated 7/16/2026 Year Built 1926
Garage Spaces 2.0 County Androscoggin

Additional Details

AIR Wall Unit(s)
AIR CONDITIONING Yes
APPLIANCES Water Heater
BASEMENT Full, Interior Entry, Unfinished, Yes
CONSTRUCTION Frame, Vinyl Siding, Wood Siding
GARAGE Yes
HEAT Baseboard, Hot Water, Oil, Radiant, Steam
INTERIOR Storage
LOT 9583 sq ft
LOT DESCRIPTION Landscaped, Near Golf Course, Near Public Transit, Open Lot, Rolling Slope, Subdivided
LOT DIMENSIONS 0.22
MLS STATUS Active
PARKING Paved, On Site, Off Street, Garage Door Opener, Detached
SEWER Public Sewer
STYLE Other
TAXES 5050
UTILITIES Natural Gas Not Available, Cable Available
WATER Public
Listing provided by Keller Williams Realty, 207-553-2662

Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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