246 Lincoln Street, Lewiston, ME, 04240
About This Home
Don't miss this excellent investment opportunity! This well-maintained two-unit property features newer windows, updated flooring, a renovated bathroom, spacious decks and porches, and a fenced-in yard. Conveniently located near shopping, restaurants, hospitals, and other local amenities, it also offers ample on-site and street parking. Currently owner- and family-occupied, with rents below current market value, this property presents outstanding income potential. Whether you're looking to expand your investment portfolio or owner-occupy one unit while generating rental income from the other, this versatile property is an opportunity you won't want to miss.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1830
Materials
- Foundation: Poured Concrete
- Roof: Shingle
- Construction materials: Wood Frame,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Interior Entry,Full
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- 1st Floor Bedroom
- Flooring: Laminate,Other
- Finished area below ground: 0
- Finished area above ground: 1,852
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,852
- Total interior livable area: 1,852 sqft
Property
Details
- Parcel number: LEWIM208L165U9280
- Zoning: MFU
Features
- Stories: 2
- Patio & porch: Deck,Porch
Lot
- Lot size: 7,405 sqft
- Features: City Lot,Near Turnpike/Interstate,Level,Open Lot,Sidewalks
Parking
- Parking features: Paved,1 - 4 Spaces
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,617 | $19,404 |
| Home Insurance | $115 | $1,380 |
| Property Taxes | $317 | $3,804 |
| Electricity | $269 | $3,230 |
| Total | $2,318 | $27,816 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-20 | Price change | $319,900 |
| 2026-07-02 | Listed for sale | $335,900 |
| 2026-06-30 | Listing removed | $335,900 |
| 2026-06-16 | Listed for sale | $335,900 |
| 2025-09-11 | Sold | $277,000 |
| 2025-09-09 | Pending sale | $277,500 |
| 2025-08-04 | Contingent | $277,500 |
| 2025-08-03 | Price change | $277,500 |
| 2025-07-25 | Listed for sale | $279,000 |
| 2024-12-16 | Sold | $50,000 |
| 2024-12-11 | Pending sale | $55,000 |
| 2024-12-03 | Listed for sale | $55,000 |
For Sale by Agent
View on Zillow