Multi Family Homes for Sale in Portland Maine

MLS Number 1542321

• MultiFamily
• MLS Status Active
• Property SubType Multi Family
• Address 1190 Forest Avenue
• Square Feet 15,126

100% occupied brick 15,126 square foot mixed-use property. This historic building has just undergone major renovation with new storefronts, windows, heating, plumbing, electrical, etc. The first floor is comprised of six retail storefronts currently configured for 5 tenants. Facing busy Forest Avenue and Bishop Street, property offers visibility on one of the busiest intersections in the state of Maine. The second floor is new residential, comprised of 22 rooming units and a 2-bedroom apartment. The rear of the building offers parking and a loading dock. In addition, a separate .1825-acre, 20+ space parking lot is being conveyed with possible development opportunity. Current professional management is also available to the new owner if desired. Excellent financials, ideal for 1031 exchange investment. Close to many area restaurants, stores, businesses, and the University of New England. Also Listed Commercial MLS #1542320

Listed by Town & Shore Real Estate

MLS Number 1544584

• MultiFamily
• Full Bath 3
• Style Multi-Level
• MLS Status Active
• Property SubType Multi Family

Here is your chance to own a 3-unit in the desirable East End neighborhood of Portland. According to the city, this oversized lot can support a 7-unit development. All 3 units are good size and completely owner occupied. With the way this property is situated your water views are protected by the park below. Come check out this lovely family-owned 3-unit property with amazing water views from every floor!

Listed by Keller Williams Realty

MLS Number 1546760

• MultiFamily
• Full Bath 5
• Style New Englander
• MLS Status Active
• Property SubType Multi Family

Comprehensively updated and multi-family, located in one of Maine's most desirable neighborhoods is ideal for an owner occupant, investor or developer. Located in the heart of Portland's desirable East End the site is a short walk to the parks, playgrounds, bakeries, breweries, boutiques and business of Munjoy Hill, inner Washington Ave and Portland Foreside... locations don't get more desirable. This is a key component to garnering great rents, having zero vacancies, enjoying unparalleled appreciation and most importantly - providing an outstanding quality of life. Over the last several years the owners have updated the building unit by unit. From the semi-boring stuff like windows, doors, electrical, plumbing, heating... to the more enjoyable things like updated kitchens, baths, in-unit laundry, flooring and lighting this building is turn-key and condo-quality. Rents are at market and there is banked rent (allowing a new owner to raise the rents significantly) so rent control is no concern. With gross rents of $90,000, tenants paying for their utilities and low - low cost of ownership this is an ideal investment or condo / single family alternative. Located in the desirable R6 zone and not in the historic district a new owner has lots of options from expansion (7 units are allowed), separate structure or a more comprehensive re-imagination and development. When you realize that this is one of the highest points in Portland that already affords brilliant water views you can't help but dream a little... .12 acres, 4,046sf, 5 units, 3 - 1 bedroom & 1 bath units, 2 - 2 bedroom & 1 bath units, 5 off street parking spaces. Shown by appointment.

Listed by Benchmark Real Estate

MLS Number 1508742

• MultiFamily
• Full Bath 5
• MLS Status Active
• Property SubType Multi Family
• Bathroom 5

Peninsula five family with off street parking at the base of Munjoy Hill. The most up and coming and vibrant area in Portland, with many restaurants, shops and activities right in the neighborhood. Walkable with easy access to the boulevard and the eastern promenade fro all your outside enjoyment.

Listed by Spectrum Real Estate

MLS Number 1548705

• MultiFamily
• Full Bath 3
• MLS Status Active
• Property SubType Multi Family
• Address 67 North Street

Sunny, spacious 3-unit in the heart of Munjoy Hill. Owner occupy, keep as an investment property, or create your dream single family home in one of Portland's most cherished neighborhoods. The first two floors feature 3-bedroom units and the third floor boasts a newly renovated 2-bedroom unit. Throughout the home, classic woodworking details and hardwood floors contribute to this property's abundant charm. Large basement provides ample storage and coin-operated laundry. The cozy backyard and deck are perfect for spending time outside. This property also offers off-street parking and a detached garage. Other updates include a natural gas boiler and newer appliances throughout. Located in the highly desirable East End, all the best that Portland has to offer is within arm's reach. Walk down to the Eastern Promenade for stunning sunrises, or take an evening stroll to catch the sunset over the Back Cove. Countless restaurants and local businesses are mere minutes away, and easy access to I-295 allows for easy travel to the rest of Maine and beyond.

Listed by Vitalius Real Estate Group,LLC

MLS Number 1550802

• MultiFamily
• Full Bath 4
• MLS Status Active
• Property SubType Multi Family
• Address 197 Congress Street

Deceptively simple outside, this East End multi-family is fully furnished, turn-key, has a strong furnished-rental income history, and has a parking lot to boot! Inside is much bigger than it appears, with three 2-bedrooms units plus a full guest studio. Each unit has been renovated with a charming, coastal touch and the location is highly desirable to short, medium, and long term tenants and buyers looking to live downtown. This location might just be one of the most walkable on Portland's East Side, sitting at the intersection of Washington's ''restaurant row,'' India Street's gateway to the waterfront, Munjoy Hill's stunning park, and East End Beach. The 5,998 SF lot currently offers a large parking lot and quaint courtyard with the future potential to add additional units. The 1980's construction is a refreshingly attractive alternative to the typical 100+ year old Portland building.

Listed by Vitalius Real Estate Group,LLC

MLS Number 1534728

• MultiFamily
• Full Bath 3
• MLS Status Active
• Property SubType Multi Family
• Bathroom 3

Very Well maintained 3 unit with an adjoining 12 car parking lot that is a separate parcel but is included. Only a short walk to the Arts District, restaurants & entertainment.The Gilbert Bailey House, situated in the heart of Downtown Portland features a 2-bedroom townhouse with a private porch with separate entry, a 1-bedroom townhome withden and private entry and a charming efficiency unit. A rare opportunity to own a wonderful building with parking to spare!

Listed by Better Homes & Gardens Real Estate/The Masiello Group

MLS Number 1536874

• MultiFamily
• Full Bath 3
• Style Greek-Revival
• MLS Status Active
• Property SubType Multi Family

Stunning Greek Revival 3-unit property nestled in the heart of downtown Portland, all that Portland has to offer is within walking or biking distance. Each apartment benefits from its own entrance & private outdoor leisure areas. Property features two 2-bedroom townhouse style apartments and one 2-bedroom one floor apartment. There is a shared on-site laundry and storage space separated for each apartment.

Listed by Better Homes & Gardens Real Estate/The Masiello Group

MLS Number 1547454

• MultiFamily
• Full Bath 6
• MLS Status Active
• Property SubType Multi Family
• Address 16 Gilman Street

West End 6 unit ideally located next door to Maine Medical Center on a dead end street just steps from the park entrance and the Western Prom. Being located across the street from a wooded area and next to the park makes it hard to believe this is located on the coveted downtown peninsula and just a short walk to Hadlock Field, the Expo, Union Station Plaza and many area shops and restaurants. 1 mile from University of Southern Maine, 3 miles from the Portland Jetport and next door to the hospital all make this a highly desirable and easily rented apartment building. The property has vinyl siding, new rear decks, new front entry stairs and new side walkways plus a brand new roof in 2019. Natural gas heat and updated and separated electrical panels. means tenants pay for their own heat and electricity. All the major work has been done. These units feature hardwood floors, period moldings and high ceilings. Most have updates in the kitchens and baths but some units could benefit from cosmetic upgrades and potential layout changes. Situated on 5767 sq. ft lot in an R6 zone. Potential for expansion of existing units especially in the huge basement level area or possibly adding unit(s). both 6 and 8 units are referenced in the town records. It is recommended that buyers check with the city directly about any possible changes to what exists currently. Some long term tenants in place with rents well below market.

Listed by Keller Williams Realty

MLS Number 1532274

• MultiFamily
• Full Bath 3
• MLS Status Active
• Property SubType Multi Family
• Address 46 Bramhall Street

New England charm in the desirable West End of Portland comes this 3-Unit at 46 Bramhall St.!Absolutely perfect for an Owner-occupant or an Investor looking to add to their portfolio. Highly sought after side-by-side off-street parking for each unit. Short walk to local restaurants and the best sunsets in town! Unit 1 has wood floors with a lovely sitting area and built-in kitchen cabinets with an island. Unit 2 has a nice layout with an eat-in kitchen and 2 porches. Unit 3 is a townhouse style with 2 bedrooms. All share a small, sunny courtyard.A separate basement entrance contains a coin-op washer and dryer and a studio apartment which is not recognized as a legal unit by the city. This lot meets the use and dimensional requirements of the R-6 zone for an additional legal unit with a minor site plan review. Buyers are encouraged to verify with the city.

Listed by Bean Group

MLS Number 1547929

• MultiFamily
• Full Bath 3
• Half Baths 1
• Style Other Style
• MLS Status Active

BACK ON THE MARKET--Buyer couldn't perform, so you get your chance! Exceptional opportunity for owner occupied or investor. Start with a HUGE 2 unit (over 3000 square feet, 3 & 4 bedroom units). Next, have it be owner occupied for years so there are NO rent control restrictions. Add in a lot that allows for 4 units in the R-5 zone, and you start to see the potential! 2nd/3rd floor unit has potential to be broken up into 2 units if you don't want to build more units in the back. Oh, and finally, it's in a great North Deering neighborhood, right behind Ellsmere BBQ and Pat's Meat Market; it doesn't get more convenient than that. If you've been disappointed looking at the smaller 2 units that don't allow for growth, you've found your dream here!

Listed by Coldwell Banker Realty

MLS Number 1550615

• MultiFamily
• Full Bath 2
• Property SubType Multi Family
• Style Colonial
• MLS Status Active

Great for owner occupied or investment. Fully renovated in 2009 with new electrical, plumbing, insulation, windows, roof, and siding. The units are efficient with two good sized bedrooms, laundry in the units, and open layout for entertaining. Great spot, close to shopping, dining and walkability to everything. This is a turnkey 2 unit maintenance free property. Seller is motivated for offers, price drop to 724,900

Listed by Bean Group

MLS Number 1532227

• MultiFamily
• Full Bath 2
• Style Cape
• MLS Status Active
• Property SubType Multi Family

Multi use location. Currently 2-2BR-3BR units.Large lot. Below market rent rolls.

Listed by Keller Williams Realty

MLS Number 1550477

• MultiFamily
• Full Bath 2
• MLS Status Active
• Style New Englander
• Property SubType Multi Family

Solid owner-occupy or full investment property in established Portland neighborhood close to travel routes. Both units are rent ready with upgrades optional. Don't miss a chance on this great opportunity to add to or start your rental portfolio in Portland!

Listed by EXP Realty

MLS Number 1528171

• MultiFamily
• Full Bath 2
• Style Cottage
• MLS Status Active
• Property SubType Multi Family

Great location for this 2-Unit with garage and huge parking lot adjacent to property all on one deed. Possibilities for another unit.

Listed by Greater Portland Realty