Multi Family Homes for Sale in Portland Maine

MLS Number 1542321

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

East End is the most desirable neighborhood in Portland. According to the town, this oversized lot can support a 7-unit development. Come check out this lovely family-owned 3-unit property with amazing water views from every floor. All 3 units are large and need a bit of cleaning up. With the way this property is situated your water views are protected by the park below.

Listed by Keller Williams Realty

MLS Number 1542944

• MultiFamily
• Full Bath 12
• Property SubType Multi Family
• MLS Status Active
• Square Feet 7,720

Excellent Condition 2-Building apartment complex with ample parking on the edge of Portland's West End. 531 Cumberland is a 5-unit building comprised of a large first-floor 3 bedroom unit and four 1-bedroom units on the upper levels. 535 Cumberland is a 7-unit building with seven 1-bedroom units., storage lockers and laundry room. Large parking lot with 16 spaces. Rarely does a property come on the market this well maintained. Current owner has replaced roofs, boilers and windows, as well as remodeled most apartments and hallways. Units are full of historic charm including original wood floors and moldings, stairwells, etc. Excellent peninsula location within walking distance to the Congress Street corridor, Maine Med, Deering Oaks Park and even the Old Port. Also Listed Commercial MLS# 1543025

Listed by Town & Shore Real Estate

MLS Number 1543356

• MultiFamily
• Full Bath 12
• MLS Status Active
• Style Multi-Level
• Property SubType Multi Family

12-units on a huge lot close to downtown, Portland's Back Cove, and the future Roux Institute campus. These side-by-side 6-unit buildings enjoy a large yard and parking lot for 16 +/- cars. There is good stabilized cash flow and additional income potential simply by increasing existing subsidized units to the allowable maximum. Both buildings are in remarkably good shape, one having had a fire some years ago was essentially rebuilt from the studs with a sprinkler system. Tenants love the sunny 2 & 3 bedroom layouts, decks, green space, ample parking for two cars per apartment, proximity to Payson Park and easy access to 295. Potential to add two more units on the parcel means even more upside potential.

Listed by Vitalius Real Estate Group,LLC

MLS Number 1542118

• MultiFamily
• Full Bath 3
• Half Baths 2
• Property SubType Multi Family
• MLS Status Active

Rare opportunity to own one of Portland's finest historic John Calvin Stevens homes, Circa 1902. The Horace F. Farnham house, sheathed in Pink slate, has been lovingly preserved with intricate details from parquet flooring, amber oak wainscoting, birdseye and tiger maple woodwork throughout, to the stained glass windows and original fixtures. With over 6000 sf of wondrous space this home offers a breathtaking open great room which lets in warm natural sunlight from Sunrise to Sunset. It is fabulous for entertaining yet cozy when not. The two front parlors are perfect for a home office and library/conference room with separate entrance off Brighton Ave and access to a half bath, which can be closed off from the main home. Thoughtfully updated to keep with historic period, a custom Kennebec Kitchen was added as well as a new marble tiled bathroom off the primary bedroom. Two natural gas fired furnaces, slate roof restoration, Bradbury and Bradbury art wallpaper and formal landscaping was also completed. Converted to a two-family in 1998, it was completed with historic integrity of the structure in mind which, if desired, could easily be used as a single family again (see MLS#1542116). Some furnishings included. Broker Owned and Occupied unit 1.

Listed by Bean Group

MLS Number 1543614

• MultiFamily
• Full Bath 5
• Half Baths 2
• Property SubType Multi Family
• Style Colonial

Commercial listing MLS #1530440

Listed by Keller Williams Realty

MLS Number 1531869

• MultiFamily
• Full Bath 5
• Property SubType Multi Family
• Style Greek-Revival
• MLS Status Active

The Walker Mansion is looking for a new steward. Stately and impressive, this historical mansion was built in 1838 for Captain Joseph Walker and was redesigned to house four well maintained apartments a century later by John Calvin Steven's firm in 1938. Located in the heart of the West End on a large corner lot, the building gets an abundance of natural light and is surrounded by perennial gardens and mature landscaping while still providing space for off street parking. The building includes a spacious owners' apartment with sweeping staircase, decorative fireplaces, period molding, and private entrances.Enjoy all the benefits of city living while with the serenity of a peaceful, natural lot. Walking distance to award-winning restaurants, theater, arts and entertainment. Condition and maintenance is above and beyond expectations. The property has endless options. Live in one unit and rent the other three, Rent out all the units as an investment or convert it back into the single family home it was in the 1800s. It is a majestic property that still commands respect.

Listed by Roxanne York Real Estate

MLS Number 1536063

• MultiFamily
• Full Bath 3
• MLS Status Active
• Property SubType Multi Family
• Address 12 Smith Street

Live in the heart of the Portland peninsula! This historic brick building, formerly known as the Gould House, is a ''contributing'' building in the India Street Historic District. The original arched entry hood with carved Italianate brackets, scrollwork and dentils remain above the entry alcove and the window openings feature a corbelled and arched brick lintel and projecting brick sill with corbelled brackets. With exceptionally high tin ceilings on the first floor and no other buildings directly abutting either side, great light and air flows throughout. The third floor is currently a cozy one bedroom with a spiral staircase from the front entrance and all tenants love their cozy Jotul stoves when the weather turns cooler. The side patio is a blank slate waiting for your creative touches. Gaze out your back windows for inspiration from your new back neighbor, the Maine Jewish Museum, a historic landmark with a beautiful outdoor sculpture and perennial gardens! Opportunities abound for this one-of-a-kind beauty is ready for a few refinishing touches to make it your own. Imagine the possibilities: combine the top two floors for living and use the first floor as a retail or commercial space; live in it as a single family with no abutting neighbors-everything you need is just a short hop to India Street, Washington Street, East Bayside, the Eastern Prom and all that the city has to offer. Or, wonderful tenants would like to stay if it's an income producing property that you seek.This property comes with 6 parking spaces to the right of the building.

Listed by RE/MAX Shoreline

MLS Number 1508742

• MultiFamily
• Full Bath 5
• Property SubType Multi Family
• MLS Status Active
• Square Feet 4,732

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 1530062

• MultiFamily
• Full Bath 5
• Style Multi-Level
• MLS Status Active
• Property SubType Multi Family

Great investment opportunity in Portland with existing tenants with strong cash flow. Opportunity to buy 12 & 16 Alder together or each building separately.

Listed by Keller Williams Realty

MLS Number 1543717

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

Sought after East End location on Montreal Street. Sun filled - Bright units. Seasonal Ocean and Sunset views from upper level decks. (Decks are private to each unit)Flat roof w/ possible expansion. 1- 2 bedroom unit. 2 - 3 bedroom units. Off street parking. Well maintained, Turn-Key investment. Portland City fire/life safety updates have been completed. Interior pics coming soon. See the units in person Thursday/Friday. Make your move before rates keep climbing!

Listed by Portside Real Estate Group

MLS Number 1534728

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

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 1532274

• MultiFamily
• Full Bath 3
• Property SubType Multi Family
• MLS Status Active
• 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 1536107

• MultiFamily
• Property SubType Multi Family
• MLS Status Active
• Address 16 Lincoln Street
• Square Feet 4,600

Opportunity awaits! This huge historic brick building offers much potential There is a full sprinkler system and fire code upgrades. The current use is a group home with 5 bedrooms on the second floor, and a potential of 4 more on the first floor. There is still a large attic area with a kitchen and bath. The potential in this property is endless, with many of the mechanics in place.

Listed by Keller Williams Realty

MLS Number 1530061

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

Great investment opportunity in Portland with existing tenants with strong cash flow. Opportunity to buy 12 & 16 Alder together - see MLS 1530062.

Listed by Keller Williams Realty