151 Horton Street, Lewiston, ME 04240
New Listing
$899,000
Property Type:
Multi-Family
Baths:
8
Square Footage:
7,920
Lot Size (sq. ft.):
9,583
Status:
Active
Current Price:
$899,000
List Date:
5/04/2026
Last Modified:
5/05/2026
Overview
Description
...
(Read more)
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 demand 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.
Listing Details MLS# 1660474
Location Information
- Street #
- 151
- Street Name
- Horton
- Street Type
- Street
- County
- Androscoggin
- Town
- Lewiston
- State/Province
- ME
- Zip Code
- 04240
- Zip +4
- 8146
- Leased Land
- No
- Book
- 11349
- Page
- 240
- Map
- 196
- Lot
- 145
- Zoning
- DR
- Zoning Overlay
- Unknown
- Association
- No
- Full Tax Amount $
- 5381
- Tax Year
- 2025
- Tree Growth Y/N
- No
Contract Information
- Original List Price
- 899000
Property Information
- Surveyed
- Unknown
- Seasonal
- No
- Owner Occupied
- No
- 2 Detached Houses on 1 Lot
- No
- Number of Units
- 8
- Total Baths
- 8
- Total Full Baths
- 8
- Color
- gray
- Year Built
- 1896
- SqFt Finished Above Grade
- 7920
- SqFt Finished Total
- 7920
- SqFt Source
- Appraiser
- Garage
- No
- Lot Size Acres +/-
- 0.22
- Source of Acreage
- Public Records
- Total Half Baths
- 0
- SqFt Finished Below Grade
- 0
- Garage Spaces
- 0
Water Info
- Water Frontage
- No
- Water View
- No
Units
- # of 1 BD Units
- 2
- # of 2 BD Units
- 4
- # of 3 BD Units
- 2
Unit 1
- Lease
- Yes
- Level
- First
- Security Deposit
- Yes
- Monthly Rent
- 1100
- # Full Baths
- Yes
- # of Rooms
- 4
- # of Bedrooms
- 2
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
More Information
Unit 2
- Lease
- Yes
- Level
- Second
- Security Deposit
- Yes
- Monthly Rent
- 1050
- # Full Baths
- Yes
- # of Rooms
- 4
- # of Bedrooms
- 2
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 3
- Lease
- Yes
- Level
- Third
- Security Deposit
- Yes
- Monthly Rent
- 1795
- # Full Baths
- Yes
- # of Rooms
- 6
- # of Bedrooms
- 3
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 4
- Lease
- No
- Level
- First
- Security Deposit
- Yes
- Monthly Rent
- 1000
- # Full Baths
- Yes
- # of Rooms
- 3
- # of Bedrooms
- Yes
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Water
- Yes
- Sewer
- Yes
Unit 5
- Lease
- Yes
- Level
- First
- Security Deposit
- Yes
- Monthly Rent
- 1395
- # Full Baths
- Yes
- # of Rooms
- 4
- # of Bedrooms
- 2
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 6
- Lease
- No
- Level
- Second
- Security Deposit
- Yes
- Monthly Rent
- 988
- # Full Baths
- Yes
- # of Rooms
- 3
- # of Bedrooms
- Yes
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 7
- Lease
- Yes
- Level
- Second
- Security Deposit
- Yes
- Monthly Rent
- 1500
- # Full Baths
- Yes
- # of Rooms
- 4
- # of Bedrooms
- 2
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 8
- Lease
- No
- Level
- Third
- Security Deposit
- No
- # Full Baths
- Yes
- # of Rooms
- 6
- # of Bedrooms
- 3
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- No
- Electric
- No
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
- Monthly Rent
- 0
Levels
- Multi-Level
- Yes
Site
- Level
- Yes
- Sidewalks
- Yes
Location
- Neighborhood
- Yes
Roads
- Public
- Yes
Style
- Other
- Yes
Construction
- Wood Frame
- Yes
Basement
- Unfinished
- Yes
Exterior
- Vinyl Siding
- Yes
Roof
- Flat
- Yes
- Membrane
- Yes
Heat System
- Baseboard
- Yes
- Hot Water
- Yes
Heat Fuel
- Gas Natural
- Yes
Income & Expenses
- Gross Income
- 126276
- Operating Expenses
- 55628
Cooling
- None
- Yes
Floors
- Vinyl
- Yes
- Wood
- Yes
Parking
- 5 - 10 Spaces
- Yes
- On Site
- Yes
- Paved
- Yes
Electric
- Circuit Breakers
- Yes
Gas
- Natural - On Site
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
Driveway
- Paved
- Yes
Basement Entry
- Interior
- Yes
Water Heater
- On Demand
- Yes
Patio and Porch Features
- Porch
- Yes
Vehicle Storage
- No Vehicle Storage
- Yes
Property Features
Site:
Level; Sidewalks
Location:
Neighborhood
Roads:
Public
Style:
Other
Levels:
Multi-Level
Construction:
Wood Frame
Basement:
Unfinished
Basement Entry:
Interior
Exterior:
Vinyl Siding
Roof:
Flat; Membrane
Heat System:
Baseboard; Hot Water
Heat Fuel:
Gas Natural
Water Heater:
On Demand
Cooling:
None
Floors:
Vinyl; Wood
Patio and Porch Features:
Porch
Driveway:
Paved
Parking:
5 - 10 Spaces; On Site; Paved
Vehicle Storage:
No Vehicle Storage
Electric:
Circuit Breakers
Gas:
Natural - On Site
Sewer:
Public Sewer
Water:
Public
IDX
Listing Office:
Keller Williams Realty
Last Updated: May - 05 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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