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326 South Avenue, Lewiston, ME, 04240

5beds
4baths
3,118sqft
$450,000
$144price/sqft
$3,335/moest. monthly cost
$133,400/yrincome needed

About This Home

Stunning Owner-Occupied Opportunity - Spacious 3-Unit Property with Exceptional Features Absolutely beautiful and well-maintained three-unit property, ideal for owner occupancy or investment. The first-floor unit offers exceptional living space with 2-3 bedrooms, 1.5 baths, (one bedroom has the 1/2 bath) gleaming hardwood floors, a heated sun porch, dedicated laundry area, a huge walk-in pantry, and direct basement access. Enjoy indoor-outdoor living with a slider off the kitchen leading to a private deck, along with a charming covered front porch. The two additional units are thoughtfully designed one-bedroom apartments, each featuring stackable washer/dryer units, private porch access, and their own garage bay--making them highly desirable for tenants. Situated on just over half an acre, this property truly stands out with its extensive outdoor and auxiliary space. Highlights include a massive three-car garage with approximately 840 sq. ft. of space above--perfect for potential ADU conversion--as well as a 1,063 sq. ft. outbuilding that was formerly used as a shop and includes an additional garage bay. The property also boasts a large, paved driveway with five marked parking spaces, a separate paved area to the left of the home for RV parking, garden beds, and a brand-new hot water boiler installed in 2025. A rare opportunity offering space, flexibility, and income potential--all in one impressive package.

Getting Around

73
WalkingVery Walkable
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

1/10
Lewiston Middle SchoolGrades 7-81.3 mi
2/10
Lewiston High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1815

Materials

  • Foundation: Stone,Poured Concrete,Brick/Mortar
  • Roof: Shingle
  • Construction materials: Wood Frame,Asbestos,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Interior Entry,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • 1st Floor Bedroom,Attic,Bathtub,Pantry,Storage,Walk-In Closet(s)
  • Flooring: Carpet,Tile,Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 3,118

Heating & Cooling

  • Heating features: Hot Water,Zoned,Radiator
  • Cooling features: None

Interior Area

  • Total structure area: 3,118
  • Total interior livable area: 3,118 sqft

Property

Details

  • Parcel number: LEWIM176L004
  • Zoning: NCA

Features

  • Stories: 2
  • Patio & porch: Deck,Glassed-in Porch,Porch

Lot

  • Lot size: 0.54 Acres
  • Features: Near Turnpike/Interstate,Neighborhood,Level,Open Lot,Landscaped

Parking

  • Total spaces: 4
  • Parking features: Paved,5 - 10 Spaces,Off Street
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
Hurricane
Lightning

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

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

MonthlyAnnual
Mortgage $2,275$27,300
Home Insurance $161$1,932
Property Taxes $446$5,352
Electricity $453$5,438
Total$3,335$40,020

Income You'd Need if You Spent...

35% on housing$114,342/yr
40% on housing$100,050/yr
45% on housing$88,933/yr

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.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$144This listing

vs Other Active Listings

Avg $/sqft

ZIP 04240$156
Androscoggin County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 04240$195
Androscoggin County$196

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

DateEventPrice
2026-05-11Price change$499,900
2026-04-30Listed for sale$549,900
2021-03-24Listing removed--
2020-12-01Listing removed$325,000
2020-09-02Listed for sale$325,000
2011-05-18Sold$160,000

For Sale by Agent

AgentRenee Roy
BrokerageBetter Homes & Gardens Real Estate/The Masiello Group

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