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$492,000
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Property Description
Excellent Opportunity: Very Nice, well maintained 4 unit on a 3rd of an acre lot with 2 car parking for all the units. Also a nice laundry area with washer and dryer hookups for all the units and decent sized storage areas as well, plus a room for all the mechanicals including duel oil tanks and some storage/work area for the owner. The units have a great layout, you walk into the living room, then a good size kitchen with great cabinet and counter space, nice appliances, including a microwave and dishwasher, then a short hallway with a nice full bathroom, then 2 good sized bedrooms, both with large closets and numerous outlets. Another nice plus is the large porches that provide each unit with a good space for the summer months. Unit 1 and unit 2 both have had full cosmetic renovations including new flooring, new paint, numerous repairs/upgrades, and some new appliances within the last 8 to 13 months,. Unit 4 also went through the same process a few years ago and that unit also has some hardwood floors, Unit 2 is the only one that has not been done. There are 4 newer water heaters, 3 of them have been replaced within the last 4 to 13 months, and the other one few years ago. Had a fire inspection about 6 months ago by the Lewiston Fire Department the property is 100 % up to code per the department. Lastly, there is still some upside potential with some of the units, especially with # 2, it is a turn key property/investment.
Full Property Details
Full Property Details for 156 Rideout Ave
General
- Sold For: $492,000
- Taxes: $4,623 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1626336
- Added to Site: 218 day(s) ago
Interior
- Flooring: Wood, Vinyl, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Equipment: Internet Access Available
Exterior
- Porch/Patio/Deck: Porch
Parking
- Parking Features: 5 - 10 Spaces, Concrete, On-Site Parking
Location
- County: Androscoggin
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Other
- Construction: Vinyl Siding, Wood Frame
- Roof: Pitched, Shingle
- Windows: Double Pane Windows
- Stories/Levels: 2
- Building Size: 3200
- Square Feet: 3,200
- Living Area: 3,200 Sq. Ft.
- Finished Total: 3,200 Sq. Ft.
- Finished Above Grnd: 3,200 Sq. Ft.
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503.6
- Lot Size Source: Public Records
- Zoning: NCA
- Lot Description: Open, Near Turnpike/Interstate, Near Town, Neighborhood
Green Features
- Energy Efficient: Ceiling Fans
Financial Considerations
- Tax Amount: $4,623
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 8
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Schools
Schools serving 156 Rideout Ave
School District:Lewiston
| Name | Grades | Distance |
|---|---|---|
Thomas J Mcmahon Elementary School 151 North Temple Street, Lewiston, ME 04240 | PK-6 | 1 mi |
Montello School 407 East Avenue, Lewiston, ME 04240 | PK-6 | 1.2 mi |
Lewiston Middle School 75 Central Avenue, Lewiston, ME 04240 | 7-8 | 1.8 mi |
Lewiston High School 156 East Avenue, Lewiston, ME 04240 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 156 Rideout Ave
Date
Details
Price
Change
Source
8/01/2025
Sold
$492,000
2.71%
MLS
6/12/2025
Listed
$479,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
156 Rideout Avenue, Lewiston, ME 04240 (MLS# 1626336) is a Multi-Family property that was sold at $492,000 on August 01, 2025. This property was listed by Jay Weinberg from our Portland Office.Want to learn more about 156 Rideout Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lewiston? You can browse all Lewiston real estate or contact a Coldwell Banker agent to request more information.


