Courtesy: RE/MAX By The Bay
207-773-2345
103 Read Street presents a substantial 1.41 acre offering in Portland, combining an existing three unit property with three additional vacant lots and compelling long term potential. The existing multi-family includes three residential units, while the additional acreage creates an opportunity to explore a range of future uses or development possibilities. A conceptual development plan explores the potential of an 8-16 unit Cottage Court community, subject to municipal review and approvals. The location offers convenient access to Back Cove, Baxter Boulevard, Payson Park, USM, downtown Portland, public transportation, and major commuter routes. With significant acreage in an established Portland neighborhood, 103 Read Street offers an intriguing opportunity for an investor, developer, or buyer looking to take a longer term approach to the property. Property is being sold as-is.
Courtesy: Town & Shore Real Estate
207-773-0262
Prime mixed-use building in Portland's Arts District, across the street from Portland Museum of Art's expansion project; ideal for redevelopment. This 7969 SF structure features 4141 SF of retail space, currently the iconic Mathew's Pub, also known as Portland's oldest pub. This space has a full kitchen and 1490 SF roof deck. If desired, sale includes business establishment. Above the retail area you will also find 8 fully leased residential apartments and an unfinished 766 SF attic area. Imagine the possibilities...Also listed commercial MLS #1677098
Courtesy: John Graham Real Estate
207-491-1660
Welcome to 80 Wilson Street, a seven unit on the corner of Wilson and Atlantic Street, atop Portland's Munjoy Hill- just steps to the Eastern Promenade and the East End's restaurants and coffee shops. Enter the front door of 80 Wilson to access six of the seven apartments and the basement which has shared laundry and dedicated storage for each unit. The first floor hall has entry to two one bedroom units, the second floor has an additional three one bedroom units, and the third floor boasts a spacious two bedroom, with views, that make you pause, of the harbor and Portland Headlight. It also has an adjacent unfinished attic space over the ell- which could potentially be converted to additional living space or possibly an inverted deck to fully capture the amazing harbor views. The remaining unit(3) is tucked away around the corner off of Atlantic Street, with its own private parking, fenced in yard space and private entrance. This unit lives and feels like its own place. 80 Wilson makes a solid investment on Munjoy Hill, (location, location, location) with a cash on cash return in the high 9 percentage rate. The current owner has kept up with rent increases thus rents at market rate reducing the effect of Portland's Rent Control. Owner reports this is his easiest building to keep 100% occupied and has not experienced any vacancy during his five plus years, speaks volumes to the desirability of the location.
Courtesy: Waypoint Brokers Collective
207-804-2012
Fantastic investment opportunity in Portland's desirable Back Cove neighborhood, just off Ocean Avenue. This well-maintained two-unit property features two bedrooms and one full bath in each unit, providing comfortable and functional living spaces. Separate utilities add convenience for both owners and tenants, while off-street parking is a valuable bonus in this sought-after location. Adding even more potential, the property includes a buildable lot, creating an exciting opportunity for future development, expansion, or additional investment. Ideally situated near Cheverus High School and the Roux Institute at Northeastern University, with convenient access to Back Cove, local trails, neighborhood amenities, downtown Portland, and all that the city has to enjoy. A unique opportunity combining income potential, future possibilities, and an exceptional Portland location.
Courtesy: Keller Williams Realty
207-879-9800
Welcome to 1538 Congress Street, a spacious two-family property offering an ideal combination of historic charm, modern updates, and a convenient Portland location. Built in 1910, this well-maintained multi-unit retains many of its original period details, including charming built-ins in the dining rooms, while fully renovated kitchens and bathrooms bring a fresh, updated feel to both units. Additional improvements include a new boiler and oil tank, upgraded electrical, and new windows on the second floor and attic. Each unit offers three bedrooms and one full bath, with bright, sunny interiors and generously sized rooms throughout. Unit 1 is currently occupied and features a private back porch, while the vacant second-floor unit includes a sunroom and presents an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. Whether you're searching for a smart addition to your investment portfolio or the opportunity to live in one unit while generating income from the other, this property offers plenty of flexibility. Conveniently located close to downtown Portland, the Portland International Jetport, shopping, dining, major commuter routes, and everyday amenities, 1538 Congress Street puts the best of Portland within easy reach.
Courtesy: Vitalius Real Estate Group, LLC
207-541-3755
Welcome to 481 Cumberland: a brick 4-unit with its own private parking lot and move-in ready units, an increasingly hard-to-find combination in Portland. The largest unit is two floors with 2 bedrooms and a den, 1.5 baths, and in-unit laundry. The other three units are trendy 1 bds with lofty ceilings, hardwood floors and authentic historic details. Two of the units have been used as Short Term Rentals, generating significant income for the owners. This property will be delivered vacant, creating maximum flexibility and upside to the buyer. Owner occupants are not rent restricted by Portland's Rent Control - so the buyer can live in one unit and rent the other three at market rate.
Courtesy: Portside Real Estate Group
207-747-4236
Offered for the first time in decades, this well-located 3-unit multi-family property in Portland's desirable Oakdale neighborhood. Each unit is equipped with its own private laundry, separated electricity, and natural gas, as well as a off-street parking. Just moments from Woodford's Corner, residents can enjoy an array of local restaurants, shops, cafes, and neighborhood amenities. Outdoor enthusiasts will appreciate the nearby trails and recreational opportunities along Back Cove. For commuters, I-295 is only 0.75 miles away, while the vibrant restaurants, shops, waterfront, and entertainment of Portland's Old Port are approximately 1.5 miles from the property. The flexible three-unit layout presents an excellent opportunity for an investor, owner-occupant, or anyone looking to build equity in one of Portland's sought-after neighborhoods.
Courtesy: Waypoint Brokers Collective
207-804-2012
Exceptional opportunity to own a true two-unit in the heart of Portland's sought-after Oakdale neighborhood. Offering over 5,000 square feet across three finished levels, this expansive property seamlessly blends historic character with modern amenities and significant systems updates, creating a rare investment or owner-occupant opportunity. With two spacious residences offering excellent rental income potential, this property provides exceptional flexibility for investors, multigenerational living, or those looking to offset their mortgage while enjoying one of Portland's most desirable neighborhoods. The first-floor residence features three bedrooms, one and a half baths, a generous living room, formal dining room, spacious bedrooms, and a bright bonus sunroom. Occupying the second and third floors, the upper residence lives like a single-family home with a spacious living area, formal dining room, updated kitchen, four generously sized bedrooms, the potential to finish a fifth bedroom, and three inviting sun porches that provide flexible space for relaxing or working from home. Throughout the home, beautifully restored original trim, built-ins, hardwood floors, and timeless architectural details showcase its historic charm, while thoughtful updates to the property's major systems provide peace of mind. Whether you're seeking strong rental income, multi-generational living, or the chance to owner-occupy one of Portland's most impressive two-unit homes, this property offers exceptional space, flexibility, and long-term value in one of the city's most charming neighborhoods.
Courtesy: RE/MAX Shoreline
207-553-7500
Come see this gorgeous 2 unit property! Perfect for the discerning owner occupied client! The 1st floor 1BR/1BA features in-unit washer/dryer, hardwood floors, updated kitchen and bath, plenty of off-street parking, and its own private entrance. The dry, unfinished basement provides ample storage ideal for outdoor enthusiasts and hobbyists. Heat, water, sewer included. Fiber internet available. the owners unit is gorgeous and filled with natural light. Large living area, dining room, completely remodeled bath, 2 bedrooms and a fabulous kitchen with its own deck. The hardwood floors have been completely re-done and the newly insulated attic, and basement are perfect for Maine's ever changing weather. This property sits majestically at the doorstep of the Fore River Sanctuary trail system and Jewell Falls - Portland's only natural waterfall. Access 6 miles of hiking and mountain biking trails on a quiet residential street. Driveway for two cars plus ample street parking. Near the well-known Sinful Kitchen, Rock Row shopping center, and schools. Love the quick I95 highway access, short commute to downtown Portland or Westbrook, airport, hospitals, and shopping. Bottom line, this peaceful neighborhood balances serenity with convenience. Open House this Sunday 8/2 1-3pm.
Courtesy: Vitalius Real Estate Group, LLC
207-541-3755
True turn-key investment: 6-unit multi-family property offers strong rental potential in updated units and well maintained building and system. The unit mix is 2 x one-bedroom units and 4 x two-bedroom units. Each apartment has a private entrance and separately metered utility for tenant privacy, livability and fewer landlord expenses. A large rear parking lot provides ample off-street parking for residents, and shared laundry in the basement adds everyday convenience. Whether you're growing an existing portfolio or purchasing your first multifamily property, this well-maintained building is easy-to-own and easy-to-manage.
Courtesy: Hearth & Key Realty
207-241-2327
Outstanding investment opportunity in Portland! This 1900-built high performing 3-unit property sits on a unique double city lot. Offering unmatched yard space and parking options just off Forest Ave. The property features a stellar, high-demand rental mix: a 4-bedroom, 3-bedroom, and 1-bedroom unit. Step inside the recently updated downstairs unit 1 to find granite countertops, new cabinets and a new range. Unit 2 upstairs has ample space as a split level 4-bedroom unit. Unbeatable location--walking distance to Deering Oaks Park, the Back Bay trails, USM, and local dining. Perfect for an owner-occupant or a savvy investor looking for a strong-performing asset in a highly walkable neighborhood.
Courtesy: Vitalius Real Estate Group, LLC
207-541-3755
Located on the prominent corner of Munjoy and Wilson Streets, just a few blocks from the Eastern Promenade and directly abutting neighborhood green space, this impressive five-unit (originally built as four 1,500 SF apartments) property offers a rare combination of scale, location, and future potential. Approximately 6,100 square feet of living space, the building is currently configured with three spacious three-bedroom, one-bath apartments, each featuring generous living rooms, separate dining rooms, and full kitchens, while the remaining floor has been divided into a one-bedroom unit and a two-bedroom unit. The building's exceptional size and coveted Munjoy Hill location create a wide range of opportunities for the next owner. A) The Owner Occupant who wants more space than a traditional, small, Portland apartment. Restore the four unit layout which allows a buyer to move into one and rent the others - free of Portland's rent control - and helps cover your rent. B) An Investor/Developer to convert to condos as four or five large, luxury units. With neighboring properties showcasing rooftop decks that capture the surrounding views, the potential for a similar addition, along with other thoughtful improvements, makes this a truly compelling offering.
Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-560-4683
Opportunity is knocking at 1747 Forest Ave.! This well maintained 2 unit building has 2, 2bdrm,-1 bath units and is situated on a corner lot with a fenced-in back yard. Live in one unit and rent another or add this property to your rental portfolio! Off street parking and possibility for expansion of 3rd floor space (with town approval).
Courtesy: Town & Shore Real Estate
207-773-0262
Spacious and versatile 3-unit multi-family in a convenient Portland location offering strong appeal for both owner-occupants and investors alike. Located at 26 Presumpscot Street, this well-positioned property presents an excellent opportunity to offset living expenses with rental income or expand an investment portfolio in one of Southern Maine's most desirable markets. Each unit offers functional layouts with comfortable living spaces, abundant natural light, and separate living areas that provide flexibility for a variety of needs. The property features ample off-street parking, outdoor space, and easy access to downtown Portland, Back Cove trails, local restaurants, shopping, and major commuter routes.
Courtesy: Keller Williams Realty
207-879-9800
Turnkey Portland 3-Unit: Prime Investment & Effortless Ownership! Discover 17 Boynton Street, a beautifully maintained and fully updated multi-family property designed for maximum investment potential and absolute ease of management. The Property: Three bright, spacious, and fully updated 2-bedroom apartments featuring a track record of meticulous care. Peace of mind with updated mechanical systems and low-maintenance longevity. Rare premium off-street parking in the back. The Location: Tucked into a vibrant, friendly neighborhood with seamless access to public transportation. Minutes from downtown Portland's iconic dining, waterfront, and booming local economy. The Opportunity: Owning a multi-family property in Portland is one of the smartest ways to build long-term wealth. With the city's exceptionally strong, high-demand rental market, this asset offers an incredibly smooth entry point for savvy investors expanding a portfolio or an owner-occupant looking for a premier housing hack. Secure a top-tier asset in a thriving market--schedule your showing today!
Courtesy: Harborview Properties, Inc.
207-878-7802
Turnkey mixed use investment opportunity in Portland's highly sought after East End. This four unit property features three residential apartments and one commercial space, making it an exceptional opportunity for investors or owner-occupants seeking strong rental income. The residential units include a completely renovated 2 bedroom, 1 bathroom apartment with a bonus room, a 2 bedroom, 1 bathroom apartment, and a renovated 3 bedroom, 2 bathroom apartment. Extensive capital improvements include a new roof (2023), new siding, new windows, three new heat pumps, updated plumbing and electrical systems, renovated kitchens and bathrooms, and substantial improvements to the commercial space. Just steps from the Eastern Promenade, East End Beach, the Old Port, Portland's waterfront, and countless restaurants, breweries, coffee shops, and local shops. This is a rare opportunity to own a fully renovated mixed use property in one of Maine's most desirable neighborhoods. Showings by appointment only. Please allow a minimum of 48 hours' notice. Please see the attached list of capital improvements for a summary of recent renovations and upgrades.
Courtesy: Landmark Realty
207-807-7889
This completely renovated two unit at 83/85 Capisic Street offers the perfect blend of modern finishes and quality craftsmanship, perfect for an owner occupant . Each spacious townhome-style unit features 3 bedrooms, 1.5 bathrooms, thoughtfully designed with bright, open living spaces ideal for both owner-occupants and investors. Both units include brand-new kitchens with stylish cabinetry, countertops, and fixtures, along with beautifully updated bathrooms, new tile flooring, and refinished hardwood floors throughout. Major system upgrades include all new heat pumps, plumbing, electrical, insulation, windows, siding, trim, and a new roof, providing years of low-maintenance ownership and peace of mind. Situated on an oversized 0.48-acre lot, the property also features a brand-new driveway and offers an unusually large yard for an in-town Portland property, creating endless possibilities for outdoor living, recreation, gardening, or future expansion or additional units (subject to municipal approvals). An added advantage for investors is that this property is not subject to Portland's rent control ordinance, providing greater flexibility for future rental management and income potential. Conveniently located just minutes from downtown Portland, local restaurants, shopping, schools, parks, and major commuter routes, this turnkey duplex is a rare opportunity to own a like-new multi-unit property in one of Portland's most desirable and convenient neighborhoods.
Courtesy: Porta & Company
207-747-1515
- Great opportunity to acquire a well-located six-unit multifamily property in Portland's highly desirable West End, just off Congress Street and adjacent from Maine Medical Center. - 5,766± SF multi-family offering a variety of 1-3 bedrooms with significant value-add potential through rental upside and future unit improvements. - Sale Price: $1,100,000
Courtesy: King + Miller Real Estate
207-805-3716
An incredible investment property in one of Maine's most-loved locales! Four fully updated units steps away from Portland's endless amenities make this a true turnkey treasure. An amazing opportunity for an owner-occupied scenario, the building features two 2-bedroom, 1-bath (with one currently vacant) and two 1-bedroom, 1-bath apartments. Dependable tenants and a strong rental history highlight the potential of this special spot. Lofty 9-foot ceilings, wood & tile floors, huge windows, seamless layouts, abundant space, and full basements with storage are just some of the perks of the 2-bedroom units. Main-level entry, an in-unit washer/dryer, and practical storage closets make everyday living easy in each dwelling. Updated boilers & water heaters with leak detectors, a well-maintained roof, and a parking spot for each unit provide peace of mind for years to come. Step outside onto the tree-lined street and take a stroll to get groceries at La Bodega or Rosemont Market; enjoy fresh air and entertainment at Deering Oaks Park, Hadlock Field, and the Portland Expo & ice arena. Smell the scent of Holy Donut making their daily treats, and grab a bite to eat from any number of amazing Portland restaurants. A building in exceptional condition in an unbeatable location, with the flexibility of owner-occupancy; a rare gem that will be your pride and joy!
Courtesy: Elevate Maine Realty
207-331-4565
Oversized units, strong cash flow, and an unbeatable Portland location--10 Deane Street is the kind of multifamily opportunity that's becoming increasingly difficult to find. Situated in Portland's highly desirable Oakdale neighborhood, this duplex offers exceptional flexibility for both investors and owner-occupants. Unit 1 features 3 bedrooms and 1.5 bathrooms, while the expansive second unit offers 4-5 bedrooms and 2 full bathrooms across two levels--a rare layout that stands out in today's market. Generating over $60,000 in annual Net Operating Income, the property is fully occupied by long-term tenants-at-will, providing immediate income with the flexibility to execute your own long-term strategy. While the units have been well lived in, they present an excellent opportunity to build additional equity through future cosmetic updates as turnover occurs. Just minutes from the University of Southern Maine, Maine Medical Center, Hadlock Field, Fitzpatrick Stadium, Deering Oaks Park, downtown Portland, and countless local restaurants, breweries, and shops, the location continues to support strong long-term rental demand and exceptional quality of life. Whether you're looking to expand your portfolio or offset your mortgage with rental income while living in one of Portland's most sought-after neighborhoods, this is an opportunity you won't want to miss. **Open Houses:** Saturday, July 11 from 11:00 AM-1:00 PM and Sunday, July 12 from 1:00 PM-3:00 PM.
Courtesy: CENTURY 21 Advantage
207-782-2121
Located in Portland's Deering Center neighborhood, this three-unit property has been thoughtfully renovated and well maintained throughout the current ownership, offering a strong opportunity for both investors and owner-occupants. The building is well prepared for its next owner, featuring three separate electrical panels, a solid rental history, and consistent upkeep. Much of the major work has already been completed, allowing for a smooth transition and straightforward management. Each apartment has unique characteristics while maintaining a consistent level of quality and care. The first-floor unit features hardwood floors, custom trim, and a fully remodeled kitchen. The upper-level unit showcases exposed beams that add warmth and architectural interest, while the remaining spaces have been updated with a focus on both function and aesthetics. Outside, the property provides generous space for gathering, gardening, or exploring the potential for a future accessory dwelling unit, subject to city approvals. Deering Center is known for its quaint neighborhood feel, just moments away from the local shops, restaurants, schools, and everyday amenities that downtown Portland has to offer. Proximity to both 295 and 95 allows for easy travel throughout Greater Portland and beyond.
Courtesy: F.O. Bailey Real Estate
207-781-1111
This 3 Unit building situated on a double lot is being offered as a package. The units will be unoccupied at time of sale. this property has a great back yard and has development potential.
Courtesy: Greater Portland Realty
207-797-7777
Exceptional investment opportunity in Portland's highly desirable Deering Center/Rosemont neighborhood. This well-maintained multi-family property features three established units plus fully finished space with strong potential for a fourth unit (buyer to verify approvals and permitted use with city). Owner occupied since 2007, and the units are currently exempt from the rent increase limits imposed by the City of Portland for 3-4 unit buildings. the property offers a rare combination of off-street parking, a garage and a spacious backyard, providing added convenience and outdoor enjoyment for tenants and owners alike. Ideally situated within walking distance to the University of New England (UNE), the University of Southern Maine (USM), Rosemont Market, neighborhood shops, restaurants and everyday amenities. Outdoor enthusiasts will appreciate easy access to Evergreen Woods and its extensive network of approximately four miles on scenic walking and hiking trails. Whether you are an owner-occupant seeking supplemental income or an investor looking to expand your portfolio in one of Portland's most sought-after neighborhoods, this property offers outstanding versatility location and future upside.
Courtesy: Engel & Volkers Portsmouth
603-498-8978
Few East End properties offer the lifestyle, flexibility, and income potential of 26-30 Turner Street. This rare offering blends the experience of a fully renovated single-family home with the advantages of a multi-unit investment, all on one parcel in one of Portland's most desirable neighborhoods. The street-facing Victorian is a standout three-bedroom residence, showcasing the scale, character, and level of finish Munjoy Hill buyers seek. A gourmet kitchen with gas range, thoughtfully renovated bathrooms, and a primary suite with a spacious steam shower create a home that lives far beyond a typical investment property. Seasonal views of Casco Bay further enhance its appeal, while efficient natural gas on-demand heating and hot water complement its historic character. Privately positioned behind, a separate two-story building includes two income-producing apartments, a dedicated office or studio, and two deeded off-street parking spaces. The office offers a rare opportunity for professionals or creatives seeking true separation between home and work. The rear building features natural gas baseboard heat, energy-efficient heat pumps for heating and cooling, and on-demand hot water. This is not a traditional multi-family--it is a true live-work-earn opportunity. The layout allows owners to enjoy the comfort of a single-family residence while the rear building generates meaningful income. Current gross annual income exceeds $122,000, with additional upside through the office/studio. A landscaped private courtyard creates an exceptional outdoor space for dining, entertaining, or quiet enjoyment, connecting both buildings while enhancing privacy. Future upside may exist through attic expansion or potential rooftop decks, subject to approvals. Located just steps from the Eastern Promenade, East End Beach, and Portland's vibrant dining and waterfront scene, 26-30 Turner Street represents one of the East End's most distinctive ownership opportunities.
Courtesy: EXP Realty
888-439-8743
Presenting a rare opportunity to acquire a distinguished 10-unit multi-family property in Portland's highly desirable Congress Street corridor steps from Longfellow Square. Comprised of two separately deeded buildings, 209 and 211 State Street are part of the historic John W. Munger Block, an architecturally significant brick property constructed in 1855 that showcases the timeless character and craftsmanship that define Portland's historic district. Ideally situated along one of Portland's most recognizable residential corridors, the property is within walking distance of the city's renowned restaurants, shops, medical facilities, transportation options, and waterfront attractions. The location continues to attract strong rental demand from professionals, healthcare workers, and residents seeking an urban lifestyle in one of Maine's most dynamic markets. Investors will appreciate the flexibility afforded by the property's separate deeds, creating potential future disposition, financing, or portfolio management opportunities. The combination of historic character, strong tenant appeal, off-street parking, and a premier Portland location makes 209-211 State Street a compelling long-term investment opportunity. All showings after the group showings are by appointment only.
Portland is located in Maine. Portland, Maine has a population of 68,063. Portland is less family-centric than the surrounding county with 28.1% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Portland, Maine is $66,109. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in Portland is 36.9 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 10.8 degrees. The average rainfall is approximately 48.9 inches per year, with 61 inches of snow per year.
