# 171 Walnut Street, Lewiston, ME 04240

> **TL;DR:** 0bd/3ba residential multi family, $450,000 ($144/sqft), built 1926, 3,124 sqft. Est. $2,406/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Price/sqft | $144 |
| Bathrooms | 3 full |
| Square Feet | 3,124 |
| Year Built | 1926 |
| Lot Size | 9,583 sqft (0.22 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,275 |
| Estimated Insurance | $131 |
| **Total** | **$2,406** |

## Property Highlights

- Built in 1926
- 0.22 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 171 Walnut Street, Lewiston, ME 04240
- **County:** Androscoggin
- **Coordinates:** 44.097818, -70.203803
- **Google Maps:** https://www.google.com/maps?q=44.097818,-70.203803

## Listing Agent

- **Name:** Deborah Meek
- **Brokerage:** Keller Williams Realty
- **Phone:** 2075532662

## Primary Photo

![171 Walnut Street - Primary Photo](http://lh.rdcpix.com/6ec95ac3c6242cf717a86b45bfdeea0dl-f4141935320r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.ai/listing/171-walnut-street-lewiston-me-04240-1672103)*

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**MLS#:** 1672103 | **Updated:** 2026-08-02
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/171-walnut-street-lewiston-me-04240-1672103)

---

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