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About This Home

This 0-bedroom, 8-bathroom residential multi family at 151 Horton Street in Lewiston, ME is listed for $899,000 ($114 per sqft). Built in 1896, the home offers 7,920 sqft of living space on a 0.22 acres lot.

Agent Description

Well-maintained and updated 8-unit multifamily in a strong Lewiston rental market, offering a mix of stability and upside. The property features a diverse unit mix of (2) one-bedroom, (4) two-bedroom, and (2) three-bedroom units - positioning it well to attract a broad tenant base and reduce vacancy risk.

The property has seen a mix of major exterior capital improvements and ongoing interior upgrades. Key components including the roof, siding, and heating system have been updated, helping reduce near-term capital expenditure risk. Several units have been renovated with updated kitchens, flooring, and interior finishes, supporting strong tenant deman

d and rental performance, while leaving additional units available for future improvements and continued rent growth. The property offers off-street parking for all units and benefits from Lewiston's continued rental demand and limited supply of larger multifamily assets.

With a solid operational foundation already in place, this is a turnkey opportunity for investors seeking dependable cash flow with the ability to further optimize rents and increase long-term value. Whether you're scaling an existing portfolio or acquiring a stabilized asset in a growing market, this building checks the boxes for both performance and potential.

Key Features

  • Built in 1896
  • 0.22 acre lot

Property Details

8 full
1896

Monthly Cost Estimate

$4,808/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262

Estimates only. Actual payments may vary.

Location

151 Horton Street

Lewiston, ME 04240

Property Details

Flooring

VinylWood

Construction

Wood Frame Vinyl Siding

Pool Features

Porch

Heating

BaseboardHot Water(Heating)Natural Gas

Questions & Answers

This 0-bedroom, 8-bathroom residential multi family at 151 Horton Street is listed at $899,000 ($114/sqft). The estimated monthly payment is $3,896 based on 20% down at 6.5% interest.

Key features include: Built in 1896, 0.22 acre lot.

This property is listed by Daniel Weber Nicholas Laverriere and can be reached at 2072843043 or info@vistareb.com.

DL

Daniel Weber Nicholas Laverriere

Agent at Keller Williams Realty

(207) 284-3043

Listed by Keller Williams Realty · View on Broker Site

MLS# 1660474· Source: listhub· Updated today

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

151 Horton Street, Lewiston, ME 04240

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