Courtesy: Portside Real Estate Group
207-619-7571
Investors Take Notice! Bring your vision to life with this 4-unit property in the heart of Portland! This vacant building offers immense potential for renovation and revitalization. With significant rehab needed, this is a prime opportunity for developers, investors, or owner-occupants looking to restore and reimagine a multi-unit residence in one of the city's most sought-after neighborhoods. Whether you're seeking a full-scale redevelopment or a long-term investment, 186 Grant Street is a blank slate ready to be transformed. CASH or REHAB LOAN ONLY Currently the property is condemned and needs significant structural repair.
Courtesy: Vitalius Real Estate Group, LLC
207-541-3755
Located on the Washington Ave side of Munjoy Hill, this 2-unit offers convenience and downtown living! Both units have 3 bedrooms but offer different layouts that are very functional and livable. The first floor unit is single level living with an open concept kitchen living and will be vacant upon closing. The second floor unit occupies floor 2 and 3 and allows for value add potential. All utilities are fully separate for ease of ownership. This prime location sits just two blocks from Washington Ave's 'restaurant row' and is walkable to everything East Bay Side has to offer!
Courtesy: Keller Williams Realty
207-879-9800
Welcome to 31 Sheridan Street, a rare and versatile multi-unit property located in Munjoy Hill, one of Portland's most vibrant and sought-after neighborhoods. This 3-unit with water views, sits on a large lot with additional development potential, and is perfect for owner-occupants, investors, or developers. Units 1 & 2 each feature 2 BR and 1 BA, offering functional layouts. Unit 3 is a cozy 1BR, 1BA unit, with beautiful views. All 3 units are vacant, allowing for immediate occupancy or renovation. Owner occupants may consider renovation options to bring the historical bedrooms and baths up to modern layouts to match the level of the property's spectacular location. Units can be combined. Recent upgrades include a modernized heating and hot water system, ensuring energy efficiency and comfort for tenants while reducing maintenance concerns. Situated on a generously sized lot, there's opportunity to expand—add square footage to the existing structure or enhancing the property with a driveway and dedicated parking. Located a short walk from the bustling downtown, Old Port district, and waterfront. Easy access to renowned restaurants, boutique shopping, and vibrant arts and culture scene. Outdoor lovers will appreciate nearby parks, trails, and recreational spaces. With its prime location, flexible layout, and growth potential, this property is perfect for those seeking a solid investment or a home with rental income opportunities. Don't miss this incredible opportunity. Schedule a private tour today and explore the possibilities at 31 Sheridan Street!
Courtesy: Coldwell Banker Realty
207-773-1990
Discover the charm of this North Deering 2 family. The main home features 4 bedrooms, tiled bathroom, and hardwood floors. The basement efficiency apartment adds versatility for additional living space. or rental opportunities. Outside into a fenced yard, ideal for outdoor activities and privacy. The location is highly convenient, with a short walk to Northgate Shopping Center, providing easy access to shops and amenities. This home has been well-maintained and updated with a newer roof, siding, heating system, and appliances. This is a great opportunity for either an owner occupant or as investment. See also MLS #1612257.
Courtesy: RE/MAX Shoreline
207-553-7500
Prime property perfect for commercial/mixed use or owner occupied rental/home. Located in the heart of the Portland peninsula, this property has parking for 6 cars. Currently rented as 3 apartments, this historic building would be a perfect owner occupied rental generating income in the remaining units. Imagine a public facing first floor storefront or office with additional workspace on the upper floors. OR create a stunning single family home that is walkable to many shops, restaurants, and entertainment venues. This is a vibrant, walkable urban district with a neighborhood feel. Explore the visual character and warmth of 12 Smith Street. The original arched entry hood with carved Italianate brackets, scrollwork and dentils remain above the entry alcove and the window openings feature a corbelled and arched brick lintel and projecting brick sill with corbelled brackets. With exceptionally high tin ceilings on the first floor and no other buildings directly abutting either side, great light and air flows throughout. Cozy Jotul stoves provide heat when the weather turns cooler. The side patio is a blank slate waiting for your creative touches. Gaze out your back windows for inspiration from your new back neighbor, a museum and historic landmark with a beautiful outdoor sculpture and perennial gardens! Opportunities abound for this one-of-a-kind property. Imagine the possibilities. Everything you need is just a short hop to India Street, Washington Street, East Bayside, the Eastern Prom and all that the city has to offer. May qualify for Maine's Historic Rehabilitation Tax Credit to 2030 and the Small Project Rehabilitation Credit. Located in the India Street FBC zone. First floor is currently owner occupied on a part-time basis.
Courtesy: Bay Realty
207-775-3838
WOODFORDS CORNER - CLOSE TO BACK COVE! GREAT OPPORTUNITY TO OWN A REASONABLY PRICED 3 UNIT. THE TYPICAL 2 BR, 1 BA FLOOR PLANS, NEED UPDATES. THE CLASSIC FEATURES, SEPARATE UTILITIES, SIDE YARD, PARKING, STORAGE, ETC. ARE ALL BONUSES. THE PRICE REFLECTS THE WORK NEEDED.
Courtesy: Ashby Real Estate
207-239-9199
OWNER FINANCING AVAILABLE. Developers and Investors take notice. Large 6 unit located on the ultra desirable East End (Eastern Promenade) of Portland. This is a rehab project perfect for basic or high end rentals, or you could condo the units and sell them off individually. on site parking for up to 5 cars. Don't miss this exciting opportunity.
Courtesy: Town & Shore Real Estate
207-773-0262
100% occupied brick 15,126 square foot mixed-use property. This historic building has undergone major renovation with new storefronts, windows, heating, plumbing, electrical, etc. The first floor is comprised of six retail storefronts currently configured for 5 tenants. Facing busy Forest Avenue and Bishop Street, property offers visibility on one of the busiest intersections in the state of Maine. The second floor is new residential, comprised of 25 rooming units and common areas. The rear of the building offers parking and a loading dock. In addition, a separate .1825-acre, 20+ space parking lot is being conveyed with possible development opportunity. Current professional management is also available to the new owner if desired. Excellent financials, ideal for 1031 exchange investment. Close to many area restaurants, stores, businesses, and the University of New England. Also Listed Commercial MLS #1611107
Courtesy: Getty Real Estate Services, LLC
207-329-3335
If your looking for an excellent investment,this may be the one. These bright, sunny 2 & 3 bedroom apartments are all in good condition with hardwood floors and beautiful bay windows. Theirs also porches and storage rooms on each floor for the tenants to use. This property has it's own private, paved parking lot with room for 8 or more cars and a 2 car garage. The newly renovated second floor apartment is vacant and ready for the new buyer to move into or lease.
Courtesy: Coldwell Banker Realty
207-773-1990
Located on a large corner lot in the sought-after Deering Center area of Portland, this well-maintained 4-family property offers a unique opportunity for investors or homeowners seeking rental income potential. Within walking distance of Longfellow Elementary, Lincoln Middle School, and Deering High School, this property is perfectly positioned for convenience and community access. Property Highlights: • Large Corner Lot with ample outdoor space, offering privacy or additional landscaping. • Separate Utilities: Each unit has its own electric meter, oil supply, heating system, and hot water heater, providing tenants with individual control over their utilities. • Washer & Dryer Hookups for all units in the basement, making laundry a breeze for all residents. Unit Details: • Carriage House Unit: This charming, private unit features its own separate entrance and includes 3 bedrooms, 1.5 baths, and a cozy wood-burning fireplace, perfect for comfortable living. • First Floor Unit: Versatile and adaptable, this unit can function as either a 2-bedroom or 3-bedroom, providing options to suit your needs. • Second & Third Floor Units: Each unit offers 2 bedrooms, 1 bath, with spacious layouts and abundant natural light. This property offers the best of both worlds with the potential for multi-family living or rental income, all within a vibrant Portland neighborhood. With its proximity to schools, parks, and local amenities, it's a fantastic investment in a prime location. Don't miss this opportunity to own a piece of Deering Center's growing community! Note: One unit is owner occupied with 2 additional units occupied by owner's family hence the rent numbers.
Courtesy: Down To Earth Real Estate
484-432-0067
Investors take notice! This 4 unit multi-family property is income producing ($100k+ in annual rental income) and ready to be your next asset. With a strong rental history and a desirable location, this property is an ideal investment. Located near everything that Portlands Old Port has to offer with close proximity to Maine Medical Center and I-295 / I-95 for an easy commute. The spacious 3700 sqft of living space consists of two 3 bedroom units, a 2 bedroom unit, and a studio. New hot water tank and most electrical and plumbing updated in 2022. Don't miss your opportunity to purchase a cash flowing asset in Maine's historical waterfront city of Portland! The property is currently fully occupied. The interior photos have been edited for brightness and to remove tenants belongings. Please inquire to receive unedited interior photos. Thank you for your interest!
Courtesy: Real Broker
207-272-3984
Welcome to an easily managed duplex in Downtown Portland. This property features two 2-bedroom townhouse-style units with one bathroom each with apt 1 featuring finished basement. Both units have recently undergone extensive renovations such as, new roof (2024), gas heaters, flooring, kitchens, bathrooms, repaint and electrical upgrades and much more. The property is an excellent choice for owner-occupants looking to significantly offset their mortgage expenses with rental income from the other unit living in thriving downtown. Beyond the financial advantages, this duplex is in prime location on the Peninsula places you in a dynamic neighborhood within walking distance of the renowned Art District, historic Old Port, esteemed Maine Medical Center, and USM. Embrace the thriving local culture and enjoy the abundant amenities this diverse location have to offer.
Courtesy: RE/MAX By The Bay
207-773-2345
Welcome to 117 & 119 Sherwood Street, a charming multi-family home located in Portland's East Deering Neighborhood. Each unit offers 2 bedrooms, one full bath and a spacious kitchen. This property offers the benefits of neighborhood living with a large private backyard, while being conveniently located near access to 295, USM and UNE campuses, and the Old Port. Schedule a viewing today - opportunities await!
Courtesy: Ashby Real Estate
207-239-9199
Renovated 2 family property. Both units are currently vacant (rent amounts are estimated). Refinished Hardwood Floors through out each unit. High ceilings and historic details with built ins. Updated Kitchens with new cabinets, granite countertops and stainless steel appliances, Each unit has a fireplace, 3 bedrooms, and an office/den which could be used as a 4th bedroom. Large 1st Floor has 2 bathrooms, 2nd Floor has 1 bathroom, but has plenty of space for additional bathrooms, large 3rd floor attic with an existing stairway could be finished for additional living space. Great for an owner occupied property, or rent out each unit individually, or could also be a great for a group home.
Courtesy: Benchmark Real Estate
207-775-0248
Quality 2-family. Ideal Location. The Perfect Single-family or Condo Alternative. Centrally located on Portland's peninsula, this comprehensively updated multi-family offers immediate access to everything Portland has to offer. Walk-Score calls this location a 'walker's paradise' and is ideal for anyone who wants to walk, bike, or jump on public transportation. For the last 17 years, the current owner has updated and upgraded everything from the roof to the foundation. There are literally too many updates to list, but a few highlights are windows, exterior and interior doors, trim and siding repairs, roof upgrades, fresh paint inside and out, and an updated side deck just this summer. Both units are condo quality with lots of light, retained period details, warm and welcoming wood floors, and spacious living/kitchen/dining areas. The 3rd level was originally finished and likely tied into the upper unit. This space is a blank slate and, if finished, would afford the top floor breathtaking Back Cove, western mountain, and sunset views. The yard is also a hit with raised garden beds and plenty of room for grilling, chilling, playing, and pets. Note - the first level vacates mid-November, and the second floor is month-to-month, making move-in flexible.
Courtesy: Compass Real Estate
603-319-4660
PRICE IMPROVEMENT. GREAT TURN KEY OWNER OCCUPY IN PORTLAND. A truly unique opportunity awaits at 3 Grant Street, a Historic Brick Townhouse, with three exceptional apartments, located in the heart of Portland. Each unit was taken down to the studs by the previous owner and the newly designed spaces combine classic interior characteristics with an industrial chic vibe. The first and second floor are currently leased where the third floor unit is a beautifully designed, furnished one bedroom apartment with open air views, vacant and waiting for its next occupant. The current owner has meticulously maintaned the space and added value by renovating the bathroom in the basement, installing an addional washer and dryer in the laundry room, installing a new water heater for the first floor, repairing window frames and reskinning the deck. Notable amenities include air conditioning and radiant floors in every unit, a laundry room with a bathroom, a furnished outdoor patio and keyless locks. If you are a savvy investor looking to owner occupy, this could be an amazing opportunity to make a hassle free transition into a turn key building, walkable to all that Portland has to offer.
Courtesy: Keller Williams Realty
207-879-9800
Perched along one of Portland's most desirable tree lined streets is a sought after freestanding four unit property that exudes charm, character and quality in equal measure. Lovingly cared for and owner-occupied for the last 25+ years, the now vacant first floor unit has been refreshed and is ready for immediate occupancy! The spacious owner's unit offers 3 bedrooms and 1.5 baths and is adorned with period architectural details, beautifully proportioned rooms and a working fireplace. Enjoy two parlor rooms plus a proper dining room for entertaining. Large enough to accommodate family and friends while providing the comfort and convenience of in-unit laundry and off-street parking. The updated and efficient kitchen has direct access to the patio, affording a shaded place to relax in nice weather. Parking for the owners unit is just off the rear. The other three units each contain 1 bedroom and 1 bathroom with current tenants responsible for their own heat, electricity and hot water. If you have been trying to get into the West End this property offers a unique opportunity to off-set your costs without sacrificing style. 130 Neal Street is a smashing example of West End living at its finest ~ move right in!
Courtesy: Maine Real Estate Experts
207-894-5722
A wonderful intown spot to call home or your next investment. This is a large well cared for home in a very convenient yet kind of seperated area in downtown. The home offers rather roomy units and the seller says potential for a third unit on the third floor that she has not had a chance to finish. R6 is one of Portlands most liberal zones.This home has a building lot attached to it as well. This makes for a wonderful yard but maybe another multi unit or home will be its future use.
Courtesy: Benchmark Real Estate
207-775-0248
Discover a rare gem in the heart of Portland! The historic 'Harbor View Apartments' is a unique 8-unit multifamily that offers one 2 bedroom and seven 1 bedroom units. This 7556 sqft 19th century Mansard Style building has breathtaking views of Casco Bay from every apartment. With its rich history and prime Eastern Promenade location, this property presents an exceptional investment opportunity. Each unit boasts original features and character, providing a charming and desirable living experience. Enjoy stunning sunrises, serene water views, and easy access to local amenities, such as the Old Port, Bayside, East End Beach and the Eastern Promenade Trail. This property offers endless possibilities, and is a prime candidate for condo conversion. Don't miss your chance to own this historic, one of a kind property.
Courtesy: Real Broker
207-272-3984
Developers Take Notice! This oversized lot is approved for development of 7 condo units. Stunning views overlooking the ocean and located in the highly-desirable Munjoy Hill neighborhood on a quiet street. This lot is just waiting for the right developer to bring their vision and be part of the booming development of Portland Maine!
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.
