Closed
$492,000
156 Rideout Avenue, Lewiston, ME 04240
8beds
3,200sqft
Multi Family
Built in 1987
-- sqft lot
$500,200 Zestimate®
$154/sqft
$1,916 Estimated rent
Home value
$500,200
$430,000 - $585,000
$1,916/mo
Zestimate® history
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Owner options
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What's special
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.
Zillow last checked: 8 hours ago
Listing updated: October 29, 2025 at 10:05am
Listed by:
Coldwell Banker Realty 207-773-1990
Bought with:
Maine Real Estate Experts
Source: Maine Listings,MLS#: 1626336
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Wood
- Windows: Double Pane Windows
- Basement: Interior Entry,Full,Sump Pump,Unfinished
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
- Finished area above ground: 3,200
- Finished area below ground: 0
Property
Parking
- Parking features: Concrete, 5 - 10 Spaces, On Site
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 0.31 Acres
- Features: Near Turnpike/Interstate, Near Town, Neighborhood, Open Lot
Details
- Parcel number: 156RIDEOUTAVE0LEWISTON20D08
- Zoning: NCA
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Pitched,Shingle
Condition
- Year built: 1987
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Green energy
- Energy efficient items: Ceiling Fans
Community & neighborhood
Location
- Region: Lewiston
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Sold | $492,000+2.7%$154/sqft |
Source: | ||
| 6/24/2025 | Pending sale | $479,000$150/sqft |
Source: | ||
| 6/12/2025 | Listed for sale | $479,000$150/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 04240
Nearby schools
GreatSchools rating
- 1/10Montello SchoolGrades: PK-6Distance: 1.2 mi
- 1/10Lewiston Middle SchoolGrades: 7-8Distance: 1.8 mi
- 2/10Lewiston High SchoolGrades: 9-12Distance: 1.6 mi

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$500,200
2% more+ $10,004
With Zillow Showcase(estimated)
$510,204

