Located in the highly sought-after and historic Ferry Village neighborhood of South Portland, this recently renovated two-unit property offers an ideal owner-occupied home or a smart investment opportunity just steps from the Greenbelt Trail. Each unit features its own private driveway and a thoughtfully designed layout. Inside, you'll find spacious living areas bathed in natural sunlight. The floor plans include three bedrooms upstairs, complemented by a generous kitchen, dining room, living room, and a versatile bonus room on the main level. From the bonus room, step out to a nicely fenced-in backyard complete with a storage shed—perfect for outdoor enjoyment and extra utility. Nestled between Willard Beach and Knightville, this location allows you to walk to the ocean and numerous local businesses. You are also just minutes away from South Portland's best amenities, iconic lighthouses, marinas, and Portland's renowned dining scene.
DON'T MISS OUT on this incredible opportunity! Priced to sell as-is with expansion potential in one of South Portland's most desirable locations. This iconic 4-unit property delivers versatility for investors, multi-generational living, or anyone seeking a flexible home-based business setup. Originally built in 1900, this late-19th-century New Englander blends Colonial Revival character with timeless craftsmanship and period details throughout. Rich woodwork, hardwood floors, stained-glass accents, built-ins, and high ceilings create an atmosphere filled with warmth and charm. The property features four distinct spaces, including three spacious residential units — a first-floor 3 BR, two upper-level 2 BR units — and a dedicated home-occupancy suite once used as a pet-grooming business, perfect for a salon, studio, or office. A handsome fireplace, wrap-around enclosed porch, and large sun-filled rooms add to its appeal. An attached barn with loft and one-car garage offers incredible versatility, ideal for storage, a workshop, or potential in-law/ADU conversion. Set on a beautifully landscaped .84-acre corner lot with mature trees, gardens, and a tranquil stream, there may also be potential for a buildable lot (buyer to verify). Located minutes from Downtown Portland, Willard Beach, Bug Light Park, Spring Point Lighthouse, and Southern Maine Community College, with easy access to Portland International Jetport, Casco Bay Ferry Lines, and top-rated South Portland schools, this is coastal Maine living at its best. Bring your vision and unlock the potential of this one-of-a-kind property in the heart of South Portland. So much opportunity to live, work, and invest all in one prime location!
Investors, contractors take notice. 3 unit building gutted back to the studs after freeze damage. New roof, new windows, new electrical, some new plumbing. Each unit is 1 bedroom in its current configuration. There are 2 existing baths and plumbed for a 3rd. Laundry hookups in units. 2 car garage. Oversized corner lot in the heart of Ferry Village. Walk to restaurants, green belt trail, Willard Beach, 5 minutes to downtown Portland. This property has endless possibilities just bring your imagination. The property has been in the family for many years and has been vacant for the last several years.
INVESTORS TAKE NOTICE!! Fantastic opportunity! Zoning and lot size allow for the addition of multiple units. per code office. Features a newer furnace and monitor heater. Long-term tenants already in place, with below market rent. Prime location with easy access to public transportation. In need of updating.


South Portland is located in Maine. South Portland, Maine has a population of 26,428. South Portland is less family-centric than the surrounding county with 26.04% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in South Portland, Maine is $73,899. 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 South Portland is 43.2 years.
The average high temperature in July is 78.4 degrees, with an average low temperature in January of 11 degrees. The average rainfall is approximately 49 inches per year, with 55.8 inches of snow per year.