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: Keller Williams Realty
207-879-9800
Owner-occupied or exceptional investment opportunity in Portland! This well-maintained four-unit property features an attractive unit mix of two 1-bedroom, 1-bath apartments and two spacious 3-bedroom, 1-bath apartments. Each bright, sun-filled unit offers private deck or balcony access, providing desirable outdoor space for tenants. As an owner-occupied, you would have the potential of being exempt from Portland's rent control restrictions. Recent capital improvements include a new roof in 2025 and a new natural gas boiler in 2024, offering peace of mind for years to come. Additional amenities include coin-operated laundry, natural gas heat, and a large in-town lot with ample off-street parking. Conveniently located near the Western Promenade, downtown Portland, local restaurants, parks, shopping, and public transportation, this property offers strong rental appeal and easy access to many of the area's amenities. With a solid rental history, valuable recent updates, and a versatile unit mix, this is an excellent opportunity for investors looking to expand their portfolio in Portland's thriving rental market.
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: Maine Real Estate Co
207-292-1030
A two unit residence defined by light filled interiors, thoughtful layouts, and exceptional access to key Portland destinations. Unit 1 features two bedrooms and one bathroom with hardwood flooring, bright natural light throughout, and a functional, efficient layout. Spacious everyday living areas connect to a warm wood kitchen with ample cabinetry and durable storage. Neutral interior tones and original trim details add character, while large windows and a welcoming porch entrance enhance the sense of openness. Unit 2 spans the second and third floors and includes four bedrooms and two bathrooms. Hardwood flooring continues throughout expansive living areas, including a generous living room framed by large windows. Balcony access extends the living experience outward. The kitchen features warm wood cabinetry, durable low maintenance countertops, and neutral finishes. Abundant natural light and well defined passageways create strong flow between spaces. Property features include separately metered electric and gas systems for each unit, independent water heating systems, and shared basement laundry with washer and dryer. A garage provides excellent storage potential. Positioned across from Seadogs Stadium and directly opposite the Portland Expo Center, the property is minutes from downtown Portland and surrounded by everyday amenities and city conveniences.
Courtesy: Vitalius Real Estate Group, LLC
207-541-3755
Deering Highlands Two-Unit: Set on a beautifully landscaped quarter-acre corner lot in Portland's highly desirable Highlands neighborhood, this charming two-unit home offers gorgeous outdoor space, flexible layouts and comes fully vacant for the next owner's personalized use. The first-floor unit offers 2 bedrooms, while the second-floor unit features 3 bedrooms. In addition to large living rooms, both units enjoy their own sun porch, creating bright and inviting spaces to unwind throughout the seasons. The expansive yard features mature landscaping, raised garden beds, and a private patio. The first floor has been recently refreshed; the second floor invites upgrades to suit the buyer's use and aesthetic. A detached two-car garage provides valuable parking and storage, while the unfinished attic presents an exciting opportunity for expansion. Just minutes from local parks, trails, restaurants, and downtown Portland, this is a unique opportunity to own a classic Deering Highlands property.
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: RE/MAX Shoreline
207-553-7500
Originally constructed in 1894 and recognized by Greater Portland Landmarks as the John Howard Hill House, this well-maintained seven-unit brick investment property combines historic character with modern updates in a prime Portland location near Maine Medical Center, the University of Southern Maine, and downtown Portland. This property offers seven spacious apartments, including one efficiency unit, with strong rental appeal and long-term upside. Recent improvements include two new toilets, four new bathroom vanities, a new sink, a new refrigerator, and a new stove. All units feature keyless entry systems, providing added convenience for tenants and streamlined management for ownership. Solid brick construction contributes to low-maintenance ownership, while the property's desirable location continues to attract tenants seeking proximity to major employers, educational institutions, and Portland's restaurants, shops, and amenities. The property also includes four off-street parking spaces, generating an additional $4,800 in annual income. An opportunity to acquire a historic multifamily asset with strong fundamentals, additional income potential, and a proven location in one of Portland's most established rental corridors
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: Coyne Webber Real Estate Associates, LLC
207-772-4663
Turnkey duplex built in 2000, positioned at the end of a quiet cul-de-sac. This property consists of two side-by-side, townhouse-style units, making it an excellent opportunity for an owner-occupant looking to live in one side while generating rental income, or a straightforward addition to an investment portfolio. Both units feature a bright 2-bedroom, 1-bathroom layout with consistent natural light throughout the day. The interiors are entirely up to date and require zero immediate cosmetic or mechanical work. Storage and expansion potential are handled by individual full daylight basements under each unit with central bulkhead access. Outside, the 0.49-acre lot offers a deep backyard rare for multi-family properties in this area. Utilities and parking are entirely practical, featuring a wide, paved off-street parking area with ample space for residents and guests. Location is a major driver for tenant demand here: the property is within easy walking distance to the University of New England's Portland Campus for the Health Sciences, including the medical and dental schools delivering high quality tenants to your door!
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: RE/MAX Shoreline
207-553-7500
Fabulous Deering Center location close to boutique shops fresh produce and locally sourced food. This neighborhood is a little microcosm of a fairy tale type enclave. People can walk to schools from kindergarten to 12th grade. It is adjacent to Baxter woods within a short walk to Evergreen cemetery and all of the atletic fields that the city has to offer. This impeccable owner occupied 2 unit awaits a discriminating buyer complete with updated systems this light bright sunny building has it all, with as many as 3 bedrooms in each unit. Do not hesitate!
Courtesy: Vitalius Real Estate Group, LLC
207-541-3755
A truly rare find: 5-unit building one door from the Eastern Promenade, with the kind of bones and flexibility that almost never come to market together. The main residence at 69 Morning Street, a Colonial Revival built in 1922, is the original house. It currently features three thoughtfully maintained units rich with preserved architectural detail and tasteful updates. Two one-bedroom units anchor the first floor, while the upper residence spans 3+ bedrooms, two baths, enclosed decks, and sweeping Casco Bay views from the third floor. Connected at 63 Morning Street, an adjoining 2-unit addition was constructed in 1987 and presents multiple possibilities: retain the existing layout as a straightforward income-producing property, or reimagine it entirely - chef's kitchen, bay-facing windows, a proper primary suite - the layout is a genuine blank canvas. With seven off-street parking spaces (two garage bays and five outdoor spots) and exceptional versatility in one of Portland's most desirable neighborhoods, this property presents a unique opportunity for investors, owner-occupants, or those seeking a multigenerational compound in the heart of the Eastern Promenade.
Courtesy: Vitalius Real Estate Group, LLC
207-541-3755
Positioned on Portland's rapidly evolving Washington Avenue corridor, this mixed-use property offers a rare opportunity to own a 2-unit residential building with additional commercial space 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. Can be purchased as a package with the neighboring building, 522 Washington Ave.
Courtesy: Portside Real Estate Group
207-747-4236
This redesigned downtown three-unit is a rare gem--where historic charm blends with contemporary design. Step through the classic double doors and into a foyer with a modern twist. Up the curved staircase, a 3 bedroom, 2.5 bath owner's penthouse awaits with unobstructed views of Back Cove. Waterfall countertops on the island, Wolf appliances, expansive windows, and intricate tile work display choice luxury in an open-plan kitchen living floor. Primary en-suite is on trend with built-in storage, walk-in closet, floor to ceiling tiled bath with private deck and hot tub. Each unit offers its own sense of style and sophistication with thoughtful details. The first-floor flat offers curved front windows, with a restored marble fireplace, high ceilings, and a modern kitchen--ideal for city dwellers who crave both character and comfort. Around the side of the building, the garden-level unit is a cozy retreat with radiant heat, exposed brick and stonework, and all the quiet charm you would hope for in a downtown escape with a park-like, enclosed landscape. Overarching amenities include: heat pumps for efficient comfort, two driveways, in unit laundry and private entrances. Every trim detail, fence line, and overhang was thoughtfully designed to create a one-of-a-kind property. Whether you're an investor or a homeowner, this truly can be your oasis in the City. Welcome to real luxury.
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: The Dunham Group
207-773-7100
Positioned in Portland's desirable Parkside Neighborhood, 142 Sherman Street is a fully occupied four-unit investment property offering stable in-place income in one of the city's most sought-after residential neighborhoods. The property benefits from a walkable location just minutes from downtown, the Peninsula, and major commuter routes. The building features a functional unit mix with consistent occupancy, supported by strong rental demand in the surrounding area. The property has been well maintained and improved over time, with a series of updates to both unit interiors and key building systems, contributing to overall efficiency, condition, and long-term reliability. Tenants enjoy convenient access to local shops, restaurants, and services, supporting strong retention and continued demand.
Courtesy: HarborCity Realty
207-775-1991
Opportunity knocks for the handyman! New price on this circa 1900 New Englander two-unit now available for immediate occupancy! Offering classic charm and sitting on a generous 12,000± sq ft 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. Owned by the same family for decades, the property is being offered as-is with seller concessions and presents excellent potential. It is the perfect multi-generational home with room for a nanny or in-laws. 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. Additional highlights include ample off-street parking and a two-car garage, making this a great opportunity for owner occupancy or investment. The property is looking for some love and updating but this property has great potential. Owner may help with closing costs . Portland rent control does not apply to owner/occupants.
Courtesy: The Real Estate Store
207-883-4327
Circa 1866, this multi level New Englander has 3 one-bedroom units situated on a quiet, tree-lined street in the desirable West End of Portland, Maine. This property offers excellent walkability, making it easy to enjoy nearby shops, dining, and local amenities. On site laundry and a spacious parking area with off street designated parking for all tenants. Full of historic character, the building has been updated with improvements including heating, roof and utilities split for each unit. The first-floor unit is vacant ideal for an owner-occupant or investor looking to offset expenses with rental income. This is a fantastic opportunity to own in one of Portland's most sought-after neighborhoods.
Courtesy: Malone Commercial Brokers, Inc.
207-772-2422
MULTI-FAMILY •Three unit multi-family with strong rental history •Value add opportunity with vacant non-conforming fourth unit •Three car garage on a triple lot •Excellent location with limited river views Showing note: Tenants require 48 hour notice
Courtesy: Coldwell Banker Realty
207-773-1990
Attention contractors and investors--this two-unit property offers a prime opportunity to bring new life to a solid structure. While the home has experienced a period of neglect and requires significant renovation, the underlying bones are worth the effort. The front unit features a fireplace, adding character and future appeal once restored. Ideally located with convenient access to shopping, major roadways, and just minutes to downtown Portland, as well as UNE on Stevens Ave and USM on Forest Ave, this property sits in a highly desirable and accessible area. Positioned adjacent to railroad tracks, the setting may appeal to buyers seeking value and upside potential. Property is being sold as-is and is subject to short sale approval. Seller has no funds available for repairs or to contribute toward buyer closing costs or other concessions. Bring your vision and unlock the possibilities--this is a project with strong investment potential in a sought-after location.
Courtesy: Town & Shore Real Estate
207-773-0262
Welcome to 126 Danforth Street! Amazing opportunity to finish these four condo quality units in a premier West End location. The left-hand side of the building is now for sale. 80% completed, permits in place, and ready for a purchaser to finish these units into high-end rentals or condominiums. Draft of condominium documents will be available to new owners. Unique layouts with three of the units having bonus rooms with bathrooms on the lower level, ideal for home office or additional bedrooms. New plumbing, electrical, sprinkler system, windows, exterior pointing, rear decks, rockwool insulation, drywall, etc. Chance for new owner to pick their own flooring, kitchen cabinets and finish details. Exceptional historic location with open green space next door offering bright light with pleasant urban views. Paved parking lot with four spaces.
Courtesy: F.O. Bailey Real Estate
207-781-1111
Mixed-use property offering both residential and commercial income potential in a highly visible Forest Ave location. Property includes a ground-level retail space with established tenant and a spacious, renovated two-level 5-bedroom residential unit. The residential unit offers strong rental potential, making this an attractive opportunity for investors or owner-occupants. Off-street parking and flexible layout add to the property's appeal. The building is equipped with natural gas heating, updated hot water heater, and a commercial-grade fire alarm and sprinkler system. Ideal for those seeking rental income, a live/work setup, or long-term investment in a prime Portland location. Also listed as Commercial MLS #1655962
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.
