Portland ME Real Estate &

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Beds:
n/a
Baths:
2.00
Sq.Ft.:
2,612
Status:
Active
MLS#:
1635440
Type:
Multi-Family
Lot size:
0.16 Acres
Year built:
1905
A broker reciprocity listing Courtesy: Maine Real Estate Co 207-292-1030
View additional info

ADDITIONAL INFORMATION

Check out this amazing investment opportunity on Portland's Washington Ave offering two spacious 4-bedroom/1-bath units. Each 1,000+ square foot apartment contains large bedrooms, flexible living/dining layouts, and classic period details ready for your finishing touch. A full walk-up attic, served by two existing staircases, presents excellent potential for an additional unit or expanded living space (buyer to verify with the City of Portland). The full basement is perfect for storage and utilities and has blown insulation, two newer natural gas wall hung boilers, and washer/dryer hookups. The garage is in fair condition and currently provides convenient extra storage for tenants or the property owner. Lots of off street parking can be found outside on the nearly completely fenced in lot. This in-town location close to restaurants, coffee, transit, and parks makes for a strong addition to any investors portfolio or a great setup for enjoyable owner occupancy. Tenants will appreciate a convenient bus stop outside of the Washington Avenue entrance. Solid bones, big bedrooms, and an uncommon upside with the attic space. Bring your vision and add value in one of Portland's most convenient corridors.

Beds:
n/a
Baths:
4.00
Sq.Ft.:
3,250
Status:
Active
MLS#:
1633870
Type:
Multi-Family
Lot size:
0.2 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Ocean Gate Realty, LLC. 207-773-1919
View additional info

ADDITIONAL INFORMATION

New and improved price of 639,900! This turn-of-the-century three-family apartment building is conveniently located just minutes from Downtown Portland. The property must have been quite special in its heyday, showcasing hardwood floors, high ceilings with medallions, bull's-eye moldings, built-ins, and brick fireplaces. This three-family home is eager to be restored and returned to its former glory. Enjoy your morning coffee on the covered front porch or in the spacious rear yard. Come see the property and envision the possibilities! *See internal comments. *See internal comments

Beds:
n/a
Baths:
2.00
Sq.Ft.:
2,442
Status:
Active
MLS#:
1632019
Type:
Multi-Family
Lot size:
0.17 Acres
Year built:
1900
A broker reciprocity listing Courtesy: The Maine Real Estate Group 207-329-4534
View additional info

ADDITIONAL INFORMATION

Stop paying someone else's mortgage and start building your investment portfolio! Great neighborhood in Portland, close to everything. Currently rented, one lease turned month to month in June, the other lease is up in 2/26. Great tenants! Nice, spacious floor plans and cute yard. Reach out and let's get you through! We will be hosting some open houses to get people through together to avoid upsetting the tenants schedules.

Beds:
n/a
Baths:
4.00
Sq.Ft.:
2,607
Status:
Active
MLS#:
1630918
Type:
Multi-Family
Lot size:
0.09 Acres
Year built:
1894
A broker reciprocity listing Courtesy: Keller Williams Realty 207-879-9800
View additional info

ADDITIONAL INFORMATION

Welcome to the heart of Portland, Maine! This 4-unit building located on the Portland peninsula is the perfect investment opportunity for those seeking to break into the thriving real estate market of this coastal city. Situated in a prime location, this property offers residents easy access to all that Portland has to offer. With a walkability score of 93 out of 100, you'll find that Maine Medical Center, the West End, and much of downtown are just steps away. The building itself features two one-bedroom and two two-bedroom apartments, each with individually metered natural gas heating systems and separate electrical services to each unit. With off-street parking available, tenants will appreciate the convenience and security of having a dedicated spot to park their vehicle. Whether you're looking to rent as is or bring your imagination to enhance the building, this property offers endless possibilities for growth and return on investment. Don't miss your chance to invest in this incredible opportunity on the Portland peninsula.

Beds:
n/a
Baths:
3.00
Sq.Ft.:
2,490
Status:
Active
MLS#:
1629409
Type:
Multi-Family
Lot size:
0.11 Acres
Year built:
1870
A broker reciprocity listing Courtesy: Porta & Company 207-747-1515
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
1,460
Status:
Active
MLS#:
1609286
Type:
Multi-Family
Lot size:
0.02 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Real Broker 207-272-3984
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
3.00
Sq.Ft.:
3,154
Status:
Active
MLS#:
1629032
Type:
Multi-Family
Lot size:
0.12 Acres
Year built:
1906
A broker reciprocity listing Courtesy: RE/MAX Shoreline 207-553-7500
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
5.00
Sq.Ft.:
4,732
Status:
Active
MLS#:
1622196
Type:
Multi-Family
Subdivision:
Munjoy Hill
Lot size:
0.15 Acres
Year built:
1985
A broker reciprocity listing Courtesy: Spectrum Real Estate 207-805-3707
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
3.00
Sq.Ft.:
4,896
Status:
Active
MLS#:
1615606
Type:
Multi-Family
Lot size:
0.13 Acres
Year built:
1854
A broker reciprocity listing Courtesy: Real Broker 207-272-3984
View additional info

ADDITIONAL INFORMATION

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!

Beds:
n/a
Baths:
6.00
Sq.Ft.:
5,376
Status:
Active
MLS#:
1611305
Type:
Multi-Family
Lot size:
0.1 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Ashby Real Estate 207-239-9199
View additional info

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.



Portland Real Estate

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.

Portland Weather

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.

Portland Map

Portland Real Estate Market Conditions

  • Median sales price

    $594,500
    19.3%
    change since last quarter
  • # Active listings

    204
    30-day change

Portland Schools and Demographics

Education near Portland, ME

City County
High School Graduates 94.23 95.67
College Degree - 2 year 6.9 8.86
College Degree - 4 year 56.49 49.81
Graduate Degree 16.4 13.65
Expenditures per Student 17,788 17,788
Students per Teacher 11.4 11.4

Elementary Schools near Portland, ME

Grades Students P/T Ratio ZIP
Cliff Island School 01 - 03 4 4.2 04108
Dora L Small Elementary School KG - 05 323 15.1 04106
Dyer Elementary School KG - 05 260 14.4 04106
East End Community School PK - 05 425 12.3 04101
Frank I Brown Elementary School KG - 05 290 12.1 04106
Fred P Hall School KG - 05 421 13.4 04101
Harrison Lyseth Elementary School PK - 05 499 14.4 04103
Howard C Reiche Community School PK - 05 404 13.1 04102
James Otis Kaler Elementary School PK - 05 218 9.9 04106
Longfellow School-Portland KG - 05 340 13.7 04103
Ocean Avenue KG - 05 421 13.8 04103
Peaks Island School KG - 05 52 9.1 04108
Presumpscot School PK - 05 299 11.8 04103
Riverton School PK - 05 470 11.6 04101
Waldo T Skillin Elementary School PK - 05 383 13.1 04106

Middle Schools near Portland, ME

Grades Students P/T Ratio ZIP
Daniel F. Mahoney Middle School 06 - 08 305 10.5 04106
King Middle School 06 - 08 502 10.9 04102
Lincoln Middle School 06 - 08 488 11.2 04103
Lyman Moore Middle School 06 - 08 495 10.4 04103
Memorial Middle School 06 - 08 420 12.7 04106

High Schools near Portland, ME

Grades Students P/T Ratio ZIP
Arthur R. Gould School--Lcydc 09 - 12 28 5.6 04106
Casco Bay High School 09 - 12 368 14.2 04103
Deering High School 09 - 12 937 14.7 04103
Maine Connections Academy 07 - 12 256 31.2 04106
Portland High School 09 - 12 862 15.1 04101
South Portland High School 09 - 12 896 12.9 04106

Ungraded Schools near Portland, ME

Grades Students P/T Ratio ZIP
Baxter Academy for Tech & Sciences 09 - 11 220 12.4 04101
Portland Arts & Technology H S UG - UG 0 0 04103

Demographics near Portland, ME

City County
Neighborhood Type
Population 68,063 300,776
Population Density 3,156 360
Median Age 36.9 41.9
People per Household 2.1 2.3
Median Household Income 66,109 80,679
Average Income per Capita 42,960 45,704

Real estate near Portland