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!
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.
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.
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.


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.