Pleasant Street Area, Lewiston, ME — Neighborhood Real Estate Insights 2026
Neighborhood Overview
The Pleasant Street Area is a charming, residential neighborhood in Lewiston, known for its mix of historic homes, small apartment buildings, and well-kept streets. This area has a vibrant community feel, with local shops, cafes, and recreational areas nearby. Pleasant Street is popular among families, retirees, and first-time buyers who appreciate accessibility to downtown Lewiston while maintaining a quieter suburban atmosphere.
The neighborhood's historical character, combined with ongoing revitalization, makes it appealing for both residents and investors.
Housing Market Trends (2016–2025)
Over the past 10 years, the Pleasant Street Area has seen moderate but steady appreciation. Median home prices rose from $150,000 in 2016 to approximately $210,000 in 2025. Price per square foot increased from $115 to $155, reflecting stable demand and ongoing neighborhood improvements.
- Average days on market: 50–65, showing consistent buyer interest.
- Renovation and modernization projects enhance property value.
- Investor interest is moderate, focused mainly on multi-unit properties for rental income.
Housing Stock & Typology
- Single-family homes (~65%), duplexes (~20%), and small apartment buildings (~15%).
- Lot sizes: 0.1–0.25 acres, compact but suitable for urban living.
- Construction dates: predominantly 1890–1960, with some infill construction post-1990.
- Architectural styles: Colonial, Victorian, and traditional New England designs.
This variety offers buyers a range of options, from renovated historic homes to properties suitable for restoration.
Price Metrics & Conversion to $/m²
| Unit Type | Median $/ft² | Converted $/m² | Notes |
|---|---|---|---|
| Renovated single-family homes | $155 | ≈$1,670 | Modernized interiors with preserved historic features |
| Standard single-family homes | $140 | ≈$1,510 | Good condition, minor upgrades |
| Duplex / small multi-unit | $150 | ≈$1,615 | Suitable for rental or investment purposes |
Safety & Community Infrastructure
The Pleasant Street Area is considered safe with a low to moderate crime rate. Streets are well-maintained with sidewalks, and street lighting is adequate. Community amenities, schools, and parks contribute to a family-friendly environment.
- Schools: Nearby elementary and middle schools with good reputations.
- Parks & Recreation: Community parks and sports facilities available.
- Shopping & Services: Convenient local shops, restaurants, and essential services.
- Transportation: Walkable streets, access to downtown Lewiston, and easy car access to main roads.
Market Dynamics & Investment Opportunities
- Family-Friendly Neighborhood: Central location with stable property values and community cohesion.
- Rental Income Potential: Duplexes and small apartment buildings offer steady returns.
- Moderate Appreciation: Historical character and urban accessibility ensure steady long-term growth.
- Renovation & Value-Add: Older properties offer opportunities for modernization and increased market value.
Neighborhood Snapshot — Median Prices & Safety
| Sub-area | Median Price | Price $/m² | Safety / Notes |
|---|---|---|---|
| Pleasant Street Central | $210k–$230k | $2,260–$2,475 / m² | Safe, family-friendly, good access to amenities |
| Pleasant Street Peripheral | $190k–$210k | $2,050–$2,260 / m² | Moderate safety, some renovation potential |
| Duplex & Investment Pockets | $180k–$200k | $1,940–$2,153 / m² | Rental-focused properties, potential ROI |
Recommendations for Buyers & Investors
- Families: Focus on central homes for safety, schools, and access to amenities.
- Investors: Consider duplexes or small multi-unit properties for rental income.
- Long-Term Ownership: Stable appreciation and community cohesion make Pleasant Street a reliable choice.