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$545,000
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Property Description
This five-unit building brings in $75,240 in gross annual income and offers: two 2-bedrooms and three 4-bedrooms. Rents are stable, demand is steady, and the building has a proven rental history. Off-street parking is a major plus in this part of town, and the property has been consistently profitable- making it a smart addition to any growing portfolio. Whether you're a seasoned investor or looking to scale, this one checks the boxes. Property offers an increase of gross income to over $100,000 in 2026!
Full Property Details
Full Property Details for 227 Blake St
General
- Price: $545,000
- Taxes: $3,350 (2025)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1643853
- Updated: 11/18/2025
- Added to Site: 60 day(s) ago
Interior
- Interior Features: 1st Floor Bedroom
- Flooring: Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Parking
- Parking Features: 1 - 4 Spaces, Gravel, On-Site Parking, Off Street
Location
- County: Androscoggin
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Cape Cod, Colonial
- Construction: Vinyl Siding, Wood Frame
- Roof: Pitched, Shingle
- Stories/Levels: 3
- Building Size: 3478
- Square Feet: 3,478
- Living Area: 3,478 Sq. Ft.
- Finished Total: 3,478 Sq. Ft.
- Finished Above Grnd: 3,478 Sq. Ft.
- Year Built: 1875
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Lot Size Source: Public Records
- Zoning: DR
- Lot Description: Open, Level, Sidewalks, Near Shopping, Near Town
Financial Considerations
- Tax Amount: $3,350
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 224
Listed by Real Broker (207) 272-3984
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Schools
Schools serving 227 Blake St
School District:Lewiston
| Name | Grades | Distance |
|---|---|---|
Lewiston Middle School 75 Central Avenue, Lewiston, ME 04240 | 7-8 | 0.8 mi |
Lewiston High School 156 East Avenue, Lewiston, ME 04240 | 9-12 | 0.5 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 227 Blake St
Date
Details
Price
Change
Source
11/18/2025
Listed
$545,000
4.81%
MLS
10/24/2024
Sold
$520,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 227 Blake St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,350
3%
$102,200
—
2024
$3,247
6%
$102,200
—
2023
$3,066
5%
$102,200
—
2022
$2,913
1%
$102,200
—
2021
$2,888
-1%
$102,200
—
2020
$2,930
—
$102,200
—
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 227 Blake St
227 Blake Street, Lewiston, ME 04240 (MLS# 1643853) is a Multi-Family property with 5 units containing 0 bedrooms and 5 full bathrooms. 227 Blake Street is currently listed for $545,000 and was received on November 18, 2025. Want to learn more about 227 Blake 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.

