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$649,999 Just Listed
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Property Description
Discover the exceptional investment opportunity presented by this well-maintained 6-unit multi-family property, ideally positioned in the heart of downtown Lewiston, just moments from area hospitals, Bates College, and local amenities. This property is a standout for investors and owner-occupants alike: with a mix of turned-over and well-maintained units, it offers the rare combination of stability, low vacancy risk, and long-term income potential - 5 of the 6 units are already rented to stable, long-term tenants. Or take the owner-occupant angle and live in one unit while your tenants help cover the mortgage, all within walking distance of downtown conveniences. Whether you're searching for a turnkey addition to your portfolio or a smart way to house-hack your way into ownership, this property checks the boxes. Please provide a 24-48hr notice for all showing requests. Group showings Thursday 9/10 12:00PM - 1:30PM
Full Property Details
Full Property Details for 256 Park St
General
- Price: $649,999
- Taxes: $4,448 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: MREIS
- MLS ID: 1679582
- Updated: 9/8/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Other
Interior
- Flooring: Laminate, Vinyl, Other
Parking
- Parking Features: 5 - 10 Spaces, On-Site Parking
Location
- County: Androscoggin
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Baseboard, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Walk-Out Access, Full, Sump Pump, Unfinished
- Roof: Flat
- Square Feet: 6,200
- Year Built: 1891
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Zoning: RES
Financial Considerations
- Tax Amount: $4,448
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 301
Listed by Keller Williams Realty (207) 879-9800
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Schools
Schools serving 256 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 256 Park St
Date
Details
Price
Change
Source
9/07/2026
Listed
$649,999
18.18%
MLS
10/12/2023
Sold
$550,000
—
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 256 Park St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,448
3%
$135,700
—
2024
$4,311
30%
$135,700
23%
2023
$3,321
5%
$110,710
—
2022
$3,155
1%
$110,710
—
2021
$3,129
-1%
$110,710
—
2020
$3,174
—
$110,710
—
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 256 Park St
256 Park Street, Lewiston, ME 04240 (MLS# 1679582) is a Commercial Multi-Family property. 256 Park Street is currently listed for $649,999 and was received on September 07, 2026. Want to learn more about 256 Park Street? Do you have questions about finding other Commercial 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.

