Date
Details
Price
Change
Source
10/03/2026
Listed
$720,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$720,000 Just Listed
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Property Description
INVESTMENT OPPORTUNITY IN THE HEART OF LEWISTON! Well-positioned 8-unit multifamily property at 198 Park Street, offering a desirable mix of four 2-bedroom units and four 1-bedroom units. The mix provides flexibility for attracting a broad range of tenants and offers an investor an opportunity to own a substantial multifamily asset in a highly convenient Lewiston location. Situated near downtown, residents have access to restaurants, shopping, services, parks, employment and amenities without having to rely on a vehicle. The Park Street area is considered highly walkable and near public transit hubs. Building is vacant, cleaned out and ready for your finishing touches. Has newer siding and windows and is in good condition. Matterport 3D walkthrough gives a sample of a 2 bedroom unit and a 1 bedroom unit as do photos. Also available is 210/212 Park St, 34 Shawmut, 46 Shawmut.
Full Property Details
Full Property Details for 198 Park St
General
- Price: $720,000
- Taxes: $7,615 (2025)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1683059
- Updated: 10/3/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Bathtub, Shower, Storage
- Flooring: Wood, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Paved, 1 - 4 Spaces, On Street
Location
- County: Androscoggin
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas Natural, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: High-Rise, Other
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Unfinished, Brick/Mortar
- Roof: Flat, Membrane
- Windows: Double Pane Windows
- Stories/Levels: 4
- Square Feet: 8,900
- Finished Total: 8,900 Sq. Ft.
- Finished Above Grnd: 8,900 Sq. Ft.
- Year Built: 1881
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Zoning: DR
- Lot Description: Intown, Level, Near Public Transit
Financial Considerations
- Operating Expenses: $7,615
- Tax Amount: $7,615
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 42
Listed by Fontaine Family-The Real Estate Leader (207) 784-3800
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Listing agent
— 198 Park St —
Fontaine Family-The Real Estate Leader
207-784-3800
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 198 Park St
School District:Lewiston
| Name | Grades | Distance |
|---|---|---|
Montello School 407 East Avenue, Lewiston, ME 04240 | PK-6 | 1.8 mi |
Lewiston Middle School 75 Central Avenue, Lewiston, ME 04240 | 7-8 | 0.9 mi |
Lewiston High School 156 East Avenue, Lewiston, ME 04240 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 198 Park St
Tax History
Tax History for 198 Park St
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$232,400
—
2024
100%
$232,400
—
2023
100%
$232,400
—
2022
100%
$232,400
—
2021
—
$232,360
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 198 Park St
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198 Park Street, Lewiston, ME 04240 (MLS# 1683059) is a Multi-Family property with 8 units containing 0 bedrooms and 8 full bathrooms. 198 Park Street is currently listed for $720,000 and was received on October 03, 2026. Want to learn more about 198 Park Street? 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.