Rare opportunity to own a three family apartment building on the top of Munjoy Hill. Future potential for condo conversion or redevelopment. Property is located on the iconic Donatelli Square.
Priced to Sell! Turn key 2 family house. Two 2-bedroom townhouse-style units with one bathroom with room to add sqft. Apt 1 featuring finished basement with separate laundry. Both units have recently undergone extensive renovations such as, new roof, new separate gas heating, flooring, kitchens, bathrooms, paint and electrical upgrades and much more. The property is an excellent choice for owner-occupants and investors currently earning passive 55K income+ with room to grow with owner only paying for water and wifi.
This successful and well-maintained duplex offers a rare opportunity for both investors and owner-occupants. Currently operating as a short-term rental, the property features two distinct units: a convenient first-floor 1-bedroom, 1-bath unit and a spacious multi-level 4-bedroom, 1.5-bath unit. Blending original Victorian charm with thoughtful modern updates, the home offers a warm, functional layout with strong income-generating potential. Additional highlights include a walkout partial daylight basement and an oversized one-car garage—ideal for storage or future expansion. A third-floor access door leads to a flat roof, offering an exciting opportunity to create a rooftop deck for stargazing or a raised-bed garden. Enjoy the fully fenced backyard with a fire pit, a welcoming front porch, and a location that's just steps from popular restaurants, parks, playgrounds, and scenic Baxter Boulevard. Pre-inspected and ready for its next chapter, this turn-key, character-rich property is your chance to own a flexible, income-producing home in one of Portland's most vibrant neighborhoods.
Turnkey 5-Unit Investment in Prime Munjoy Hill Location! Seasoned investors know the value of location, layout, and low-maintenance assets—this property checks all the boxes. Situated at the base of Munjoy Hill, one of Portland's most desirable and appreciating neighborhoods, this well-maintained five-unit building offers a solid, income-generating opportunity. All five units are two-bedrooms, a consistently high-demand layout that attracts long-term tenants. Interiors are efficiently designed, with spacious living areas, functional kitchens, and ample natural light—units that rent easily and retain well. The building has been well cared for, minimizing deferred maintenance and immediate capex needs. Off-street parking adds a competitive edge in this urban market, boosting tenant satisfaction and retention. The location is a key asset: walkable to local dining, coffee shops, artisan retail, and the Eastern Promenade. Public transportation access and proximity to downtown further broaden the tenant pool. This is an ideal opportunity for investors looking to expand or diversify with a plug-and-play multifamily in a high-demand submarket. Whether you're growing a portfolio or executing a 1031 exchange, this Munjoy Hill asset delivers dependable performance and long-term upside.
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.