Androscoggin County · Lewiston
Sell Your Commercial Property In Lewiston, ME
From Downtown Lewiston to Tree Streets, we buy Lewiston multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Downtown Lewiston · Auburn · Tree Streets · Lisbon — Androscoggin County, ME
Local Demand
Our View On Lewiston
Lewiston, Maine has 38,324 residents in ACS 2020-2024, the Census five-year estimate. Renters occupy 48.8 percent of homes, and 5,059 homes sit in buildings of five or more units. The median household income is $55,393, and 79.8 percent of homes were built before 1980.
Owners who want to sell commercial property in Lewiston, ME face a tight market: rental vacancy is 1.6 percent and the median gross rent is $986. The FY2027 tax rate is $34.15 per $1,000, and a citywide revaluation takes effect for fiscal 2028.
Demand comes from St. Mary's and Central Maine Medical Center, Bates College and regional commuters. HUD's FY2027 two-bedroom fair market rent for the Lewiston-Auburn MSA is $1,677. Some 49.1 percent of Lewiston renter households pay 30 percent or more of income on rent.
This profile brings Census, HUD, Lewiston tax and Maine statute data onto one page, dated to ACS 2020-2024 and HUD's FY2027 fair market rents. Skyline Capital Investments buys apartment buildings with five or more units.
Two Lewiston hospitals
St. Mary's Health System runs a 233-bed acute care hospital in Lewiston, and Central Maine Medical Center serves Androscoggin County as LifeFlight of Maine's southern base.Bates College enrollment
Bates College reported 1,736 students as of October 1, 2025, and 813 faculty and staff employees, in its Bates Facts 2025-2026 report.Regional commuter base
ACS 2020-2024 table B08007 counts 4,003 Lewiston workers, 22.3 percent of 17,952, commuting to jobs in a Maine county other than Androscoggin.Our Buy Box
What We Buy In Lewiston
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Lewiston Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Lewiston
Renters occupy 48.8 percent of Lewiston's occupied homes, 7,863 of 16,099, in ACS 2020-2024 tenure data. Androscoggin County sits at 32.1 percent in the county tenure table.
Lewiston's median household income is $55,393 in ACS 2020-2024. Androscoggin County's median is $67,873 in its county income table, a gap of $12,480.
Owner-occupied households number 8,236 in Lewiston, or 51.2 percent, in the same tenure table. Statewide, Maine's renter share is 25.7 percent in the state tenure table.
Two hospitals operate in Lewiston. St. Mary's Health System describes a 233-bed acute care hospital on its Lewiston system page. Central Maine Medical Center calls itself the southern Maine base for LifeFlight of Maine on its hospital page.
Bates College reported 1,736 students and 813 employees in Bates Facts 2025-2026. Enrollment is counted as of October 1, 2025.
Rents and affordability in Lewiston
Lewiston's median gross rent is $986 a month in ACS 2020-2024. Annualized, that equals 21.4 percent of the city's median household income. Androscoggin County's median gross rent is $1,010 in its county rent table, $24 higher.
HUD's FY2027 two-bedroom fair market rent for the Lewiston-Auburn, ME MSA is $1,677, effective October 1, 2026, per HUD fair market rents. That sits $691 above Lewiston's median gross rent.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,210 |
| One bedroom | $1,282 |
| Two bedroom | $1,677 |
| Three bedroom | $2,119 |
| Four bedroom | $2,459 |
In Lewiston, 49.1 percent of renter households spend 30 percent or more of income on rent, per ACS 2020-2024. Some 26.0 percent spend half or more. Androscoggin County shows 48.7 and 22.9 percent in its county table.
Lewiston's apartment stock
Lewiston has 5,059 homes in buildings of five or more units, 29.6 percent of 17,105 housing units, in ACS 2020-2024. Another 3,704 homes, 21.7 percent, sit in two- to four-unit buildings.
Androscoggin County counts 7,513 homes in five-plus-unit buildings in its county table. Lewiston therefore holds 67.3 percent of the county's larger-building stock.
Neighboring Auburn shares the Lewiston-Auburn HUD market area. Auburn's renter share is 40.9 percent in its tenure table, and its median gross rent is $1,041 in its rent table.
Lewiston's median home was built in 1957, per ACS 2020-2024. Some 79.8 percent of homes predate 1980 in the year-built table, against 64.1 percent countywide in the county table.
Lewiston's rental vacancy rate is 1.6 percent in ACS profile table DP04. The Maine rate is 4.2 percent in the state table. Owners who plan to sell commercial real estate in Lewiston, ME can point buyers to that tight occupancy.
Property taxes in Androscoggin County
Lewiston's FY2027 tax rate is $34.15 per $1,000 of assessed value, per the Lewiston Assessor's Department. The rate was $32.78 in FY2026 and $31.77 in FY2025. Expressed as a percentage, the FY2027 rate equals 3.415 percent of assessed value.
On a $2,000,000 assessment, $34.15 per $1,000 produces $68,300 a year. The same assessment owed $65,560 at the FY2026 rate, $2,740 less.
Lewiston's taxable value sits well below the state's estimate. The city's valuation table lists $2,265,311,348 of FY2026 taxable value against a $4,211,750,000 state equalized valuation, or 53.8 percent.
Maine Revenue Services calculated Lewiston's FY2025 equalized tax rate at $14.26 per $1,000. On a $2,000,000 market value, that is $28,520. A citywide revaluation with Tyler Technologies is complete and takes effect for the 2027 tax year, fiscal 2028.
Lewiston's property tax guide says assessors may value an apartment house by the income it would produce. Abatement requests are due within 185 days of commitment under 36 M.R.S. section 841.
Owners who sell commercial property in Lewiston, ME also pay Maine's transfer tax under 36 M.R.S. section 4641-A. The rate is $2.20 per $500, plus $3.80 per $500 above $1,000,000 for transfers since November 1, 2025, per Maine Revenue Services. A $2,000,000 sale owes $16,400, split $8,200 each between seller and buyer.
Landlord rules in Lewiston
Maine caps residential security deposits at two months' rent under 14 M.R.S. section 6032. Under section 6033, deposits go back within the lease's stated time, up to 30 days, or 21 days for a tenancy at will.
A tenancy at will needs at least 30 days' written notice under 14 M.R.S. section 6002. A tenant 7 or more days behind on rent may receive 7 days' written notice.
Lewiston's Rental Registration Program requires owners of every building with three or more units to register annually before March 1. Registration is free, and it applies even when the owner lives in one unit.
Late registration in Lewiston costs $50 for the first month and $100 a month for months two through six. Months seven through twelve cost $200 a month. Anyone selling commercial property in Lewiston should hand the buyer current registrations.
What this means for a Lewiston owner
Lewiston pairs a 1.6 percent rental vacancy rate with a $986 median rent and a $1,677 HUD two-bedroom benchmark. That spread is what buyers will test against your rent roll. They will also note that 49.1 percent of Lewiston renter households pay 30 percent or more of income on rent.
The revaluation is the bigger tax question for anyone who wants to sell commercial property in Lewiston, ME. Bring the FY2027 bill, the assessment card and repair records, since 79.8 percent of Lewiston homes predate 1980.
Skyline Capital Investments buys apartment buildings with five or more units. To sell your apartment building in Lewiston, start with our cap rate calculator and the steps to sell my apartment building.
Good To Know
Selling In Lewiston
More about selling in Maine →Investing in Lewiston? See apartment syndications in Lewiston →
- Lewiston's FY2027 rate of $34.15 per $1,000 puts $68,300 on a $2,000,000 assessment, up $2,740 from the FY2026 bill.
- The revaluation with Tyler Technologies takes effect for the 2027 tax year, so buyers will ask how a building's assessment may change in fiscal 2028.
- Owners preparing to sell commercial real estate in Lewiston, ME should confirm Rental Registration Program filings, which are due annually before March 1.
- To sell multifamily property in Lewiston, document capital work, since 79.8 percent of Lewiston homes were built before 1980 (ACS 2020-2024).
Seller Guides
Your Situation, Handled — Lewiston
Learn More
Taxes & Rules For Lewiston Property
The Maine rules that shape any deal in Lewiston: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Lewiston Seller FAQ
What should I know before I sell commercial property in Lewiston, ME?
Buyers start with Lewiston's 1.6 percent rental vacancy rate, 48.8 percent renter share and $986 median gross rent from ACS 2020-2024. They then test your taxes against the FY2027 rate of $34.15 per $1,000 and ask about the revaluation taking effect in fiscal 2028. Assemble the rent roll, tax bill, assessment card and rental registration before you list.
How much property tax does a $2,000,000 apartment building pay in Lewiston?
At Lewiston's FY2027 rate of $34.15 per $1,000, a $2,000,000 assessment owes $68,300 a year, compared with $65,560 at the FY2026 rate. Lewiston's FY2026 taxable value was 53.8 percent of the state equalized valuation. Abatement requests are due within 185 days of commitment under 36 M.R.S. section 841, so file promptly after bills go out.
How do I sell commercial real estate in Lewiston, ME with the revaluation coming?
Lewiston's assessor reports that the revaluation with Tyler Technologies is complete and takes effect for the 2027 tax year, fiscal 2028. Give buyers the current assessment, the FY2027 bill and the city's valuation table. Maine Revenue Services put Lewiston's FY2025 equalized rate at $14.26 per $1,000, which helps a buyer compare taxes on a market-value basis.
How much transfer tax is due when selling an apartment building in Lewiston?
Maine charges $2.20 per $500 of value under 36 M.R.S. section 4641-A. Transfers since November 1, 2025 add $3.80 per $500 above $1,000,000. A $2,000,000 sale owes $8,800 plus $7,600, or $16,400. The tax falls half on the grantor and half on the grantee, so seller and buyer each pay $8,200 in that example.
Does Lewiston require landlords to register rental buildings?
Yes. Lewiston's Rental Registration Program covers every building with three or more units, even when the owner lives in one. Registration is free and due annually before March 1. Late filing costs $50 for the first month and $100 a month through month six. Anyone selling commercial property in Lewiston should hand the buyer current registration records.
What are Maine's security deposit and notice rules for Lewiston landlords?
Maine caps a residential deposit at two months' rent under 14 M.R.S. section 6032. Deposits go back within the lease's stated time, up to 30 days, or 21 days after a tenancy at will ends. A tenancy at will needs 30 days' written notice, and a tenant 7 or more days behind on rent may get 7 days' notice.
Do I need to fix up my Lewiston building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Do you work with Lewiston brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Lewiston, and we keep every conversation confidential.
Who buys occupied rental property in Lewiston?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
How fast can I sell my apartment building in Lewiston?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Tell Us About Your Property In Lewiston
A few details are enough to start. We respond to every Lewiston submission, including off-market and pocket listings.
