Multi Family Homes for Sale in Portland Maine

MLS Number 1373382

• MultiFamily
• Style Victorian
• Address 84 Eastern Promenade
• Square Feet 5563
• Acreage 0.2

The Pinnacle of the Portland's Peninsula! Your once in a lifetime opportunity to call this Eastern Prom jewel your trophy investment. With a 270 degree protected panoramic view of Casco Bay and Ft. Allen Park, you and your tenants will enjoy this exclusive location and views of the harbor traffic of sailboats, fishing boats, cruise ships and a 68 acre park, just across the street. This one of a kind opportunity boasts 4 high end luxury appointed units, all meticulously updated including wonderful gardens and gorgeous interiors! Each unit has their own laundry facilities, outside spaces and 2 parking spaces (total of 8)! 3 of the 4 units come beautifully furnished and ready for guests. Historically leased as Portland's premier short-term rentals, Victorian Terrace is the most sought after Portland place to stay with many repeat guests.. Perfect for owner occupied plus short term rentals or as a buy and hold investment or to later sell as condominium units.

Listed by Ocean Gate Realty, LLC.

MLS Number 1371925

• MultiFamily
• Address 471 Cumberland AVE
• Square Feet 12038
• Acreage 0.13
• Restrictions No Restrictions

14 unit apartment building in Portland's parkside neighborhood. (10) 1 Bedrooms and (4) 2 Bedrooms. 7 out of the 14 units have been totally remodeled with granite, cabinets, bathrooms, etc. Leaving the new owner very little work to do. This recently has had updated electrical as well. All rents are under-market offering lots of upside in a location that is close to 295/95, Old Port and Maine Medical center. 6.06% Cap Rate

Listed by F.O. Bailey Real Estate

MLS Number 1364021

• MultiFamily
• Style Mansard, Townhouse
• Address 65-67 Portland ST
• Square Feet 6130
• Acreage 0.8

This stately mixed 3 unit sits at the gateway to Portland and at the doorstep of its renascence. It is no secret that this location will be home to the next boom. Savvy investors know to 'get-in' on the ground floor long before an area like this really take off. 65-67 Portland Street is packed with potential and steeped in a rich past. For 30 years it has been home to one of Maine's most iconic restaurants - Back Bay Grill (restaurant NOT for sale). More recently the current owners have preserved and updated the entire building. They have honored the historic past while bringing all systems and surfaces up to modern standards. Restaurant is on the ground level with generous bar, full kitchen, spacious dining area, lovely tin ceilings, 2 baths and more. The upper levels house two, 3 bedroom condo-ready apartments with generous floor plans, abundant light and views of Back Cove and beyond. Parking for 4+ and great Air-B&B numbers. Buy & begin your dream.

Listed by Benchmark Residential & Investment Real Estate

MLS Number 1361891

• MultiFamily
• Style Multi-Level
• Address 29 St. Lawrence ST
• Square Feet 6160
• Acreage 0.12

At the gateway to Portland's waterfront this elevated, expansive and impressive 7 unit offers many possibilities. A short walk to the Old Port; tree-lined St Lawrence Street is neighborly and peaceful. The site is elevated with sweeping views of Casco Bay, the working waterfront and Portland skyline. Catch the flash of Portland Head Light at night or hear the foghorns. The lot offers off street parking for 7 and the ability to expand while maintaining garden space. The building appears much as it did when it was built 103 years ago. Updates include: super-efficient heat, new windows, new roof... Seller pays heat, water & sewer. Tenants pay electric, gas and hot water. Rents are well below market. This quality building is a once in a lifetime opportunity and the ideal addition to your portfolio or an easy condo conversion.

Listed by Benchmark Residential & Investment Real Estate

MLS Number 1374468

• MultiFamily
• Style Other Style
• Address 27 Morning ST
• Square Feet 6254
• Acreage 0.05

Nice 6 unit located on Munjoy Hill's nicest street! Offering (3) 1 Bedrooms and (3) 2 Bedroom units w/ parking, private decks and amazing water views of the Islands and the Eastern Promenade! Yearly gross income: $135,600 w/ separate electric, newer natural gas boilers and rubber roof . This building is an excellent candidate for a 1031 exchange, Air BnB or take the whole top floor and rent (4) units out.. Why buy a condo when you can have this income producing property!

Listed by F.O. Bailey Real Estate

MLS Number 1371923

• MultiFamily
• Style Multi-Level
• Address 11-13 Grant Street
• Square Feet 10635
• Acreage 0.12

Gorgeous brick 11 unit apartment building in Portland's Parkside neighborhood. Newer boiler, fire alarm system, offering (4) 1 Bedrooms, (4) 2 Bedrooms and (3) 3 bedrooms. The units are very spacious w/ under-market rents and in great condition. 6.17% Cap rate

Listed by F.O. Bailey Real Estate

MLS Number 1369933

• MultiFamily
• Style Mansard, Victorian
• Address 84 High ST
• Square Feet 4122
• Acreage 0.1

Magnificent 4-Unit at the top of High St., overlooking Portland Harbor. Perfect location. Completely renovated new with charm and elegance. Fully insulated for weather and sound. Custom designed Kitchens and Baths. Each unit has a washer/dryer and super efficient Mitsubishi electric splits for heating and cooling, as well as on-demand hot water heaters. New parking lot has 4 designated spaces. Currently used as short and medium term rental. Can be purchased completely furnished, negotiable. Monthly rents cited are averaged. There is potential to build a roof-deck with full water views for unit 4. both Unit 3 & 4 have expansive water views. Showings start Saturday 9/22

Listed by Apex Real Estate Group, LLC

MLS Number 1369800

• MultiFamily
• Square Feet 10942
• Acreage 0.17
• Year Built 1874

Portfolio Worthy - Pride of Ownership 11 Unit In Desirable On-peninsula Location. Comprehensive updates and impeccable maintenance show through in each unit. 2 - 1 bedroom and 9 - 2 bedroom apartments. From roof's and siding to heating and hot water systems are not only updated but high-end, low maintenance and efficient. This turn-key operation is in a popular and accessible location that is poised for further gentrification/appreciation. Enjoy walk-ability to Deering Oaks Park, shops, restaurants and even many in-town employers like Maine Medical Center, Mercy Hospital.. Excellent numbers, sun-filled, solid and spacious apartments, great long-term tenants, coin-op laundry and some off-street parking. An Exceptional Opportunity!

Listed by Benchmark Residential & Investment Real Estate

MLS Number 1375088

• MultiFamily
• Style Other Style
• Address 765 Congress ST
• Acreage 0.11
• Year Built 1900

Group showings next Thursday (11/1/18) from 3:30-4:30pm and Friday (11/2/18) from 10-11am. Please rsvp via email with broker if and when you'll be attending.

Listed by NAI The Dunham Group

MLS Number 1373649

• MultiFamily
• Style Multi-Level
• Address 671-675 Forest AVE
• Square Feet 5554
• Acreage 0.13

Investors take notice! Great location! Great income property, Total interior renovation in 2015. Building consists of 5 residential units and 2 commercial units. All units currently rented. Group showing on Tuesday October 16th from 2:00 to 4:00. 24 hours Notice required

Listed by Century 21 North East

MLS Number 1372024

• MultiFamily
• Address 11 Sherman ST
• Square Feet 5854
• Acreage 0.13
• Year Built 1910

Perfect opportunity to invest in this sought after transforming Parkside/Downtown Arts District neighborhood. Many renovations such as a new roof, insulation, low-e windows, vinyl siding, high efficiency tankless hot water heater and fenced in common space have been replaced over recent years offering cost effective management for its new owner. Many units are updated and offer opportunity to maximize market rents. This vibrant neighborhood offers culture, the arts, theatres, restaurants and shopping for a city lifestyle sought after from tenants in the rental market.

Listed by Bean Group

MLS Number 1374383

• MultiFamily
• Address 49 Falmouth ST
• Square Feet 6265
• Acreage 0.14
• Year Built 1900

We are pleased to offer a fully leased 6 unit multi-family property for sale. 49 Falmouth Street is located next to the University of Southern Maine's Portland campus in the desirable Woodfords neighborhood. Off street parking, updated electrical, heating system and replacement windows make this a solid investment.

Listed by NAI The Dunham Group

MLS Number 1372172

• MultiFamily
• Style Victorian
• Square Feet 3312
• Acreage 0.08
• Year Built 1884

Located just off Portland's Eastern Promenade these two properties on one lot represent a unique opportunity. The front building is a 1,400sf, 2 bdrm, 1.5 bth single family. The rear a 1,900sf, 2 family w/ 1 - 1 bdrm & 1 - 2 bdrm unit. 1 car and opportunity for 2 car off-street parking. Current properties are poised for re-imagining and offer the rare chance to create exactly the home(s) you want. Of course there is the potentially for tear down and by doing so the possibility to build exactly what you desire... Renderings shown are 'idea-boards' based on common sense modifications to the current structures. Outdoor spaces are designed by acclaimed landscape architect Soren Deniord to provide connection and seclusion. Post closing bring your team or turn to acclaimed local design - build - restore firm CornerStone for a true concierge level experience. A Remarkable Location! A Remarkable Opportunity!

Listed by Benchmark Residential & Investment Real Estate

MLS Number 1362536

• MultiFamily
• Style Multi-Level
• Address 45 Whitney AVE
• Square Feet 3696
• Acreage 0.15

Portland Investment opportunity awaits you! Building has four large two bedroom units conveniently located on the Rosemont/Libbytown border. It has the charm of yesteryear and many upgrades including a new rebuilt two story front porch spanning the entire front of the building made with the highest quality materials, upgraded electric panels, natural gas boiler, 4 new HTP hot water heaters in 2016, large 5 space parking area (possible to fit more, each unit having one spot). Very close proximity to Thompson's Point, Downtown Portland, turnpike access, restaurants & much more. These generous sized apartments rent easily & include basement storage & coin op laundry. Perfect for an owner occupant or investor. Stay tuned for upcoming showings times or by request!

Listed by Townsend Real Estate

MLS Number 1373744

• MultiFamily
• Style Multi-Level
• Address 171 Congress ST
• Square Feet 4506
• Acreage 0.05

Munjoy hill - classic east end 3-unit with long term tenants and separate utilities. Spacious, with double parlors, kitchen and 3 br's. Perfect water shots from a few angles. Preserved features include: 3 sets of bay windows per unit, wood floors, pocket doors and various built-ins. Updated systems include roof, replacement windows, sewer line, fire doors, lead abatement. The amazing 4th floor, full-height attic space could be combined with the 3rd floor for an extraordinary townhouse, with potential water and city views. Walkable to everything. It doesn't get much better than this!

Listed by Bay Realty Associates, Inc.

MLS Number 1373918

• MultiFamily
• Style Other Style
• Address 100 Federal ST
• Acreage 0.06
• Year Built 1900

Listed by NAI The Dunham Group

MLS Number 1332721

• MultiFamily
• Style Other Style
• Address 3 Deering AVE
• Acreage 0.05
• Year Built 1947

Located on the peninsula in the West End of Portland, not far from Maine Medical Center, we are pleased to offer for sale, this renovated three unit! Comprised of newly equipped, 1440 sqft, 55 seat restaurant looking to fulfill it's potential with a new owner, and two - 2 bedroom apartments on the second floor. Come be part of one of the nationally recognized best small cities in the country for dining out!

Listed by F.O. Bailey Real Estate

MLS Number 1370447

• MultiFamily
• Elementary School District Portland
• Square Feet 2075
• Acreage 0.09
• Restrictions No Restrictions

REDUCED! This is a 3 UNIT BUILDING located on Congress St. "The Hill" Eastern Promenade is in demand. CAN'T afford a single family dwelling? This is it. Live here and have 2 apartments supporting your mortgage. This home is great for an owner occupied Buyer. Great for an investor too. Features: Wide pine flooring in each apartment. Rinnaii heaters in each unit, very economical. OFF Street parking 1-4, fenced in backyard w/lawns, GREAT FOR DOGS, Storage shed. Replaced windows, newer wiring and 3 new electrical boxes, hot water on demand units. Coin op washer & dryer, utility sink. Plenty of room in the basement for storage. (2) two bedrooms (1) one bedroom unit. Below Market rents. minimum $200 each unit.

Listed by Santoro Real Estate

MLS Number 1361917

• MultiFamily
• Style Other Style
• Address 593 Forest AVE
• Square Feet 4398
• Acreage 0.08

3 unit multi family apartment building with an additional 480 SF commercial space formally used as a barber shop located on a corner lot on Forest Ave and Clifton Street. Large units offer hardwood floors, tile kitchens, parking for 3 cars, new roof, new siding and windows. Nice offering in a great location near many amenities and close to USM and I295. Current tenants are all at will. Each unit pays own electricity, coin op washer and dryer located in the building. Very clean offering with upside in cash flow.

Listed by Keller Williams Realty

MLS Number 1365725

• MultiFamily
• Style Colonial
• Elementary School District Portland
• Address 101 Pitt ST
• Square Feet 3382

Great investment opportunity for both investors and owner-occupants. This property is very well maintained and boasts beautiful original charm throughout. Located in a lovely neighborhood setting and close to USM. There are 3 spacious 2 bedroom apartments with their own private porches, two of them with a third room making for great office spaces. Tenants pay their own heat, hot water and electricity; each having their own boiler and oil tank in the basement. Convenient washer and dryer hook-ups and additional storage for each unit are located in the basement as well. Currently fully occupied with long-term tenants.

Listed by Keller Williams Realty