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$425,000
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Property Description
A solid 3-unit in a convenient in-town spot, bringing in $50,000 a year in gross rental income. The layout includes a 3BR on the first floor and two 2BR units above, with one unit currently vacant; ideal for an owner-occupant or to lease and maximize income. Vinyl siding, a flat roof, and a walk-out basement keep maintenance simple. Natural gas heat, hot water off the heating system, and on-site paved parking round out the essentials. Located 3/4 miles from the Lewiston Turnpike on-ramp, on the bus line, and within walking distance to local shops, restaurants, and daily amenities, this property checks both the lifestyle and investment boxes. If you want an easy-to-manage investment with income from day one-or the option to live in one unit while the others help pay the bills-this property is worth a closer look.
Full Property Details
Full Property Details for 942 Lisbon St
General
- Price: $425,000
- Taxes: $3,599 (2025)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1646778
- Updated: 2/28/2026
- Added to Site: 118 day(s) ago
Interior
- Flooring: Vinyl, Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Other Rooms
- Laundry: Washer Hookup
Exterior
- Porch/Patio/Deck: Deck, Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: 1 - 4 Spaces, Paved, On-Site Parking, Detached
Location
- County: Androscoggin
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Zoned, Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Other
- Construction: Vinyl Siding, Wood Frame
- Roof: Flat, Rolled/Hot Mop
- Stories/Levels: 4
- Building Size: 2468
- Square Feet: 2,468
- Living Area: 2,468 Sq. Ft.
- Finished Total: 2,468 Sq. Ft.
- Finished Above Grnd: 2,468 Sq. Ft.
- Year Built: 1924
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613.6
- Lot Size Source: Public Records
- Zoning: Mixed
- Lot Description: Corner Lot, Level, Intown, Near Turnpike/Interstate
Financial Considerations
- Tax Amount: $3,599
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 24
Listed by Real Broker (207) 272-3984
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Schools
Schools serving 942 Lisbon St
School District:Lewiston
| Name | Grades | Distance |
|---|---|---|
Lewiston Middle School 75 Central Avenue, Lewiston, ME 04240 | 7-8 | 1.4 mi |
Lewiston High School 156 East Avenue, Lewiston, ME 04240 | 9-12 | 0.8 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 942 Lisbon St
Date
Details
Price
Change
Source
1/24/2026
Price Reduced
$425,000
-5.56%
MLS
12/16/2025
Listed
$450,000
49.5%
MLS
4/05/2023
Sold
$301,000
—
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 942 Lisbon St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,599
3%
$109,800
—
2024
$3,488
6%
$109,800
—
2023
$3,294
31%
$109,800
24%
2022
$2,515
1%
$88,260
—
2021
$2,494
-1%
$88,260
—
2020
$2,530
—
$88,260
—
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 942 Lisbon St
942 Lisbon Street, Lewiston, ME 04240 (MLS# 1646778) is a Multi-Family property with 3 units containing 0 bedrooms and 3 full bathrooms. 942 Lisbon Street is currently listed for $425,000 and was received on December 16, 2025. Want to learn more about 942 Lisbon 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.

