South Portland ME Real Estate &

4 Properties Found

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Beds:
n/a
Baths:
2.00
Sq.Ft.:
2,696
Status:
Active
MLS#:
1679411
Type:
Other
Lot size:
0.14 Acres
Year built:
1900
A broker reciprocity listing Courtesy: EXP Realty 888-439-8743
View additional info

ADDITIONAL INFORMATION

Investment Opportunity in the Heart of South Portland. Rare opportunity to own a corner-lot property featuring two buildings and multiple potential income-producing uses. The property includes a two-unit duplex plus an additional commercial building, offering an investor the flexibility to explore a variety of possibilities. The duplex features two residential units. The first-floor Unit 1 offers two bedrooms and has benefited from recent updates throughout. Unit 2, located on the second floor, offers one bedroom and is currently being rented for $1550. The adjacent former restaurant space provides additional potential for redevelopment and may offer the opportunity to convert the existing space into an additional residential unit for a potential three-unit property, subject to applicable zoning, permitting, and code requirements. With a desirable corner-lot location in the heart of South Portland, convenient access to local amenities, and multiple potential avenues for future use, this property presents an excellent opportunity for investors, owner-occupants, or developers looking to add value in a sought-after location. Location, location, location!

Beds:
n/a
Baths:
3.00
Sq.Ft.:
2,110
Status:
Active
MLS#:
1677426
Type:
Other
Lot size:
0.23 Acres
Year built:
1903
A broker reciprocity listing Courtesy: Dream Home Realty LLC 207-300-4663
View additional info

ADDITIONAL INFORMATION

Turnkey Victorian Elegance with Dual-Income Potential & Sweeping Portland Skyline Views Welcome to 332 Broadway--a beautifully renovated Victorian showpiece pairing timeless historic character with exceptional investment versatility on an expansive corner lot. Situated just minutes from Downtown Portland and an easy stroll to Willard Square, this distinctive property delivers coastal convenience, architectural grandeur, and rare multi-unit earning potential. The Main Residence: Step inside to soaring high ceilings, radiant natural light, and breathtaking period craftsmanship. Exquisite custom moldings/trim work, and authentic stained-glass details set an elevated tone throughout. Designed for both gracious entertaining and effortless daily living, the main home offers 4 spacious bedrooms, 1.5 tastefully appointed baths, and an inviting, light-filled layout where historic elegance meets fresh, modern sophistication. The Rental Unit & Skyline Views: An established income generator or flexible guest suite, the dedicated rental apartment adds immediate value. Its standout feature: a private elevated deck capturing panoramic views of the Portland city skyline--the ultimate setting for evening sunsets and entertaining. Grounds, Garage & Second Income Potential: Set on a expansive corner parcel, the exterior features lovely landscaping and a large, private fenced backyard ideal for relaxation and outdoor gatherings. The detached two-car garage, with a large unfinished second floor, provides potential opportunities...a second income-producing unit, a premium guest suite, art/writers studio or a home office suite.

Beds:
n/a
Baths:
3.00
Sq.Ft.:
2,832
Status:
Active
MLS#:
1674586
Type:
Other
Lot size:
0.13 Acres
Year built:
1910
A broker reciprocity listing Courtesy: Verrill Real Estate, Inc 207-756-0649
View additional info

ADDITIONAL INFORMATION

Fully rented 3 unit with 6 bedrooms and 3 baths. Excellent owner occupied or investment property. Showings begin at Open House. Open house on Thurs and Friday 11:00am - 12:00pm.

Beds:
n/a
Baths:
3.00
Sq.Ft.:
3,630
Status:
Active
MLS#:
1665990
Type:
Other
Lot size:
0.16 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Dream Home Realty LLC 207-300-4663
View additional info

ADDITIONAL INFORMATION

Exceptional Mixed-Use Investment Opportunity in South Portland Rare opportunity to acquire a well-maintained, income-producing mixed-use property in a highly visible Main Street location. This versatile three-unit building offers a diversified income stream with a gross annual income of $70,800, anchored by an established medical office occupying the entire first floor, providing the benefit of stable commercial tenancy. The two residential units above provide additional rental income and strong tenant appeal. Each residential unit features its own washer and dryer, while tenants are responsible for their own heat and electricity -- helping reduce owner expenses and maximize net operating income. Meticulously cared for and truly turnkey, the property offers desirable amenities including off-street parking for up to three residential vehicles, additional on-street parking for tenants, clients, and guests, and convenient access to public transportation. Ideally positioned along South Portland's Main Street corridor, this property is close to local businesses, shopping, dining, downtown Portland, major commuter routes, and area amenities. With proven rental history, strong tenant demand, diversified commercial and residential income, and excellent visibility, this is a rare opportunity to own a stable, cash-flowing investment property in one of Southern Maine's most desirable markets.

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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


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South Portland Real Estate

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.

South Portland Weather

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.

South Portland Map

South Portland Real Estate Market Conditions

  • Median sales price

    $534,000
    19.3%
    change since last quarter
  • # Active listings

    69
    30-day change

South Portland Schools and Demographics

Education near South Portland, ME

City County
High School Graduates 96.05 95.67
College Degree - 2 year 10.13 8.86
College Degree - 4 year 46.27 49.81
Graduate Degree 12.1 13.65
Expenditures per Student 17,788 17,788
Students per Teacher 11.4 11.4

Elementary Schools near South Portland, ME

Grades Students P/T Ratio ZIP
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
Pond Cove Elementary School KG - 04 548 12.6 04107
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 South Portland, ME

Grades Students P/T Ratio ZIP
Cape Elizabeth Middle School 05 - 08 552 12.3 04107
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 South Portland, ME

Grades Students P/T Ratio ZIP
Arthur R. Gould School--Lcydc 09 - 12 28 5.6 04106
Cape Elizabeth High School 09 - 12 540 11.5 04107
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 South 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 South Portland, ME

City County
Neighborhood Type Suburban
Population 26,428 300,776
Population Density 2,193 360
Median Age 43.2 41.9
People per Household 2.2 2.3
Median Household Income 73,899 80,679
Average Income per Capita 42,822 45,704

Real estate near South Portland