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.
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: Harborview Properties, Inc.
207-878-7802
Mixed-use investment opportunity in Portland's desirable East End, an area that continues to see strong growth and investment. This four-unit property features three residential apartments and one commercial space, offering a combination of strong rental income, flexibility, and long-term value. 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. The commercial unit offers a versatile blank canvas with several approved uses, including food & beverage, office, retail, and more, with a renovated shell ready for customization. This flexible commercial component offers an opportunity to tailor the space to a variety of uses while complementing the property's existing residential income. Steps from the Roux Institute, Eastern Promenade, East End Beach, the Old Port, Portland's waterfront, and countless restaurants, breweries, coffee shops, and local retail shops. This is a rare opportunity to acquire a well-improved mixed-use asset in a growing Portland neighborhood with strong fundamentals and continued upside. 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: 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.
Courtesy: Vitalius Real Estate Group, LLC
207-541-3755
Enjoy seasonal views of Back Cove and the Portland skyline from this rare three-unit property in one of the city's most desirable locations. Step out your door to the Back Cove Trail for morning walks, or enjoy coffee on your deck while taking in the water views. With strong rental income potential, this property offers the ideal opportunity to offset your mortgage while living in a premier setting. The owner-occupant third floor unit is filled with natural light and features 1 bedroom and 1 bathroom with an open kitchen, dining, and living area. Two private decks extend the living space outdoors, including one with views overlooking Back Cove. The second floor spans the entire level and offers exceptional light throughout. It includes a spacious living room, a separate dining room with original built-ins, a large kitchen, two well-sized bedrooms, and an updated bathroom. A private deck completes this inviting unit. The first floor also occupies the full level and features a sun-filled layout with a spacious living room and gas fireplace, a dining room with built-ins, and an updated kitchen with granite countertops and new cabinetry. This unit also enjoys a private deck for outdoor living. The basement provides dedicated storage for each unit along with coin-operated laundry. Additional amenities include parking for up to six vehicles between parking lot and a rare two-car garage. Numerous updates have been completed in recent years, making this a well-maintained and versatile investment opportunity. A truly special offering on Back Cove that combines location, views, and income potential.
Courtesy: EXP Realty
888-439-8743
Prime 5-unit multifamily investment opportunity in Portland's desirable West End in Parkside. Featuring four 2-bedroom units and two 1-bedroom units, this income-producing property offers excellent tenant demand, and future upside potential. The current owner has offered the units to his employees at a discounted rental rate. Owner initiated process to legalize 6th unit with fire escape addition but was unable to resolve with the city. The property had a safety inspection completed by the city with the third floor broken up into two, two-bedroom units instead of one combined four-bedroom unit. Conveniently located minutes from Downtown Portland, Maine Medical Center, restaurants, shops, and public transportation. A rare opportunity to acquire a well-located multifamily asset. Group showings: Tuesday, June 23rd at 10am - 11:30am Thursday, June 25th at 12pm - 1:00pm All showings after group showings will be by appointment only. Allow at least 24 hours to notify tenants.
Courtesy: Portside Real Estate Group
207-619-7571
Perched atop Munjoy Hill, 5 Merrill Street sets the standard for luxury living. Built in 2019, this exceptional two-unit residence offers two townhouse-style, condo-quality homes with contemporary design and designer finishes throughout - a rare find in Portland. Each unit features 1,725 square feet of thoughtfully elevated living space, with 3 bedrooms and 2.5 bathrooms. The designer kitchens are appointed with custom cabinetry, white quartz countertops, Miele appliances, and abundant storage. Throughout both residences, you'll find gorgeous walnut flooring, stunning tile selections, 10-foot ceilings, and distinctive craftsman details. Water views can be enjoyed from two levels, but the true showstopper is the third-floor primary suite, where panoramic views over Casco Bay create an unforgettable retreat, whether enjoyed from inside or from the private rooftop deck. Each unit also includes covered parking and a private patio/yard area, ideal for summer grilling and outdoor entertaining. All this, just moments from Portland's Eastern Promenade, with easy access to acclaimed restaurants, coffee shops, and the very best of Portland.
Courtesy: RE/MAX Shoreline
207-553-7500
7 Huntress Street presents exceptionally well as a professionally managed 10-unit multifamily asset in one of Portland's most desirable in-town locations. Ideally situated near Maine Medical Center, Thompson's Point, downtown Portland, and major transportation routes, the property offers both stable cash flow and long-term investment appeal. Current ownership has made numerous thoughtful capital improvements, including replacement of the original cast iron plumbing with PVC, recent boiler servicing, repairs to the rubber roof, new carpeting in one apartment and in the right-side common hallway, two new ceilings, updated blinds and interior paint, a new bathroom window, and updated appliances including a new stove, refrigerator, and sink in one unit. The property also benefits from two new washers and two new dryers, while six of the apartments now feature modern keyless entry systems. Parking is a significant value add, offering nine total spaces, including four garage bays plus additional off-street parking. Ownership has also identified an opportunity for the next investor to increase revenue through strategic parking rental income, creating additional upside beyond the existing rental stream. Well maintained with a strong history of ownership and meaningful recent updates. A rare opportunity to acquire a turnkey multifamily asset with both immediate stability and future income potential in Portland's thriving rental market
Courtesy: The Real Estate Store
207-883-4327
Exceptional investment and owner-occupant opportunity in Portland's West End. This classic New Englander has undergone extensive improvements, including a new roof, siding, windows, electrical systems, heating systems, and more. Currently configured as a two-unit property, the second and third floors have been thoughtfully renovated with modern finishes, creating bright, open living spaces with abundant natural light, water views of the Fore River, and private outdoor decks. The first floor offers a blank canvas ready for your redesign, providing the potential to complete the third unit. Separate utilities for each unit add convenance and ease of management. Enjoy a private, tucked-away setting while remaining just steps from the Western Promenade, local amenities, downtown Portland, and waterfront attractions. A rare feature in an urban setting, three sides of the property abut City zoned Open Space, enhancing privacy and creating a unique sense of privacy. Minutes to the airport, train station, downtown, shopping, and more.
Courtesy: Legacy Properties Sotheby's International Realty
207-780-8900
Well situated Woodfords Corner 2 unit building with a double width driveway that comfortably parks 4 cars! This property has been very well-maintained and owner-occupied until early this year. Both units have bamboo wood flooring and granite kitchens plus there is a third floor that lends itself for a possible home office or other potential uses. Very close to the Boulevard and other urban amenities.
Courtesy: Keller Williams Realty
207-879-9800
Opportunity, flexibility, and location come together at 850 Washington Avenue, a beautifully renovated two-unit property in one of Portland's most exciting growth corridors. Situated on over half an acre, this turnkey investment features two spacious 2-bedroom units, a detached 2-car garage, abundant off-street parking, and an expansive backyard, an increasingly rare find within the city. Both units have been thoughtfully updated with timeless finishes including white cabinetry, granite countertops, updated appliances, stylish bathrooms, and in-unit laundry. Separate gas and electric meters, along with newer boilers, make ownership and management simple and efficient. Whether you're an investor seeking a strong addition to your portfolio, an owner-occupant looking to offset your mortgage with rental income, or a parent searching for housing near Portland's rapidly growing educational and innovation district, this property offers exceptional versatility. Located just minutes from Downtown Portland, Back Cove, Payson Park, Tipo, Monte's Fine Foods, and countless local amenities, the property also benefits from its proximity to the Roux Institute and the transformative investment occurring throughout the surrounding neighborhood. As Portland continues to emerge as a hub for technology, research, education, and entrepreneurship, demand for housing in this area is expected to remain strong. Live in one unit and rent the other. Add a turnkey asset to your investment portfolio. Secure housing for a student, researcher, or professional while building equity in one of Portland's most desirable markets. With updated interiors, strong rental appeal, a large lot, garage parking, and an unbeatable location, 850 Washington Avenue presents an opportunity that is becoming increasingly difficult to find in Portland. A smart investment today--and an exciting opportunity for tomorrow!
Courtesy: Maine Real Estate Co
207-292-1030
Nestled in the heart of Portland's highly sought-after West End, this exceptional property has charm, comfort, and outstanding income potential. Currently operating as a highly successful Airbnb, this versatile two unit property offers endless possibilities for investors, owner-occupants, or those seeking multi-generational living in a city setting. The spacious primary living space features 4 bedrooms plus an office and 3 full bathrooms across three floors. Thoughtfully updated, the main home features a custom kitchen and inviting living spaces where soaring cathedral ceilings, exposed wood beams, and skylights create an airy yet cozy atmosphere, filling the kitchen and living room with beautiful natural light and architectural charm. Other standout features include a custom antique bar, wainscoting along the main staircase with a beautifully preserved original banister, and a private deck with low maintenance composite decking. The first floor bedroom is currently used as a home studio office with its own full bathroom. The secondary unit includes an oversized 1-bedroom, 1-bath layout, ideal for guests, rental income, or extended stays. The one bedroom is an easy one level living set up, all on the first floor. The full basement is available for storage. Built in 1874 and offering 2,634 square feet of living space, this West End gem is made even more special by amenities rarely found in the city: a private courtyard perfect for relaxing or entertaining, space for a city garden, and coveted off-street parking. Just moments from Portland's renowned restaurants, shops, hospitals, and waterfront, this is a rare opportunity to own a piece of Portland history with proven income performance and an inviting feel that keeps guests coming back.
Courtesy: Vitalius Real Estate Group, LLC
207-541-3755
Positioned on Portland's rapidly evolving Washington Avenue corridor, this property offers a rare opportunity to own a 2-unit residential building and valuable off-street parking just a stone's throw from the Roux Institute campus. Investors and owner-occupants alike will appreciate the flexibility of the layout, the strong visibility and accessibility of the location, and the long-term upside. With close proximity to downtown, Back Cove, restaurants, breweries, and I-295, this property is ideally situated to benefit from the continued growth and energy surrounding the East Deering and Bayside neighborhoods.
Courtesy: Coldwell Banker Realty
207-282-5988
This three-unit property near USM offers opportunity and flexibility. A detached single-family home and a duplex on one lot, create a range of possibilities for investors, owner-occupants, and multi-generational living arrangements alike. Each of the three units offers a three-bedroom layout, providing comfortable living spaces that continue to attract strong tenant demand. The property is currently fully occupied with a proven rental history, offering immediate income for investors while presenting future opportunities for an owner-occupant seeking to offset housing costs with rental revenue. Off-street parking adds significant value and convenience, while the highly walkable location places residents just minutes from USM, Hadlock Field, The Expo, Deering Oaks Park, downtown Portland, local restaurants, shopping, and public transportation. Well maintained over the years, the property offers a solid foundation with potential for future value enhancement through cosmetic exterior improvements. Whether you're looking to grow your investment portfolio, establish a foothold in Portland's competitive housing market, or enjoy the benefits of owner-occupied multi-family living, 438-440 St. John Street presents a rare opportunity in a sought-after location.
Courtesy: HarborCity Realty
207-775-1991
The Estate has reduced the price and says sell this weekend! Owned by the same family for decades, the property is being offered as-is with seller concessions and presents excellent potential, including the possibility of adding ADU units where the 2-car garage stands or maybe subdividing the 12,000 sf large lot - all with City approval needed of course. Currently, it is the perfect multi-generational home with room for a nanny or in-law. Offering classic charm and sitting on a generous lot in Portland's convenient Nason's Corner neighborhood, it is Ideally located close to everything. It is within walking distance to Portland Trails, local schools, The Sinful Kitchen, Applebee's, a neighborhood corner store, the Lowe's shopping center, and is within biking distance to New England College, Capisic Pond Park, and Rosemont Market. The small first floor unit with its own entrance was once used as a third unit and with City approval might be able to be used again as an ADU or as in in-law or guest suite. It would add two bedrooms and a full bath giving the first floor 4 bedrooms. Another possible use for the addition, also with City permission, is an in-home occupation such as a hair salon or office. The first-floor apartment features two bedrooms, an eat-in kitchen, a living room, and a full bath as well as basement access. It is heated by oil, with the tenant responsible for oil and electricity. The second-floor apartment, which includes the third floor, offers two or three bedrooms, a living room, dining room, and kitchen, along with basement access. This unit is heated by a propane monitor, with the tenant paying for propane and electricity. Hard to believe this is still on the market! The estate has reduced the price and is entertaining all reasonable offers. It is now available for immediate occupancy. Portland rent control does not apply if the property is purchased by an owner/occupant. Opportunity knocks!
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.
