South Portland ME Multi Family for Sale
$575,000
433 South Portland, ME 04106
- Type:
- Multi-Family
- Sq.Ft.:
- 1,776
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 7,370 Acres
- Year built:
- 1880
- Baths:
- 2.00
- MLS#:
- 1608327
View additional info
Courtesy: Coldwell Banker Realty
207-773-1990
ADDITIONAL INFORMATION
Bright, sunny, well maintained two unit in Mill Creek area with recent updates- Limited Business Zone offers many opportunities for uses- medical office, home business, ADU and Air BNB potential. Live in one unit and rent out the other. Cannot beat this location! Close to all South Portland has to offer—steps from the Greenbelt Trail, grocery shopping, restaurants, coffee shops, town library, breweries the vibrant arts community in Knightville and views of Casco Bay. Walkability Index is 8.7/10. Smell the salt air. Walk or ride your bike to the Old Port.
$565,000
1295 South Portland, ME 04106
- Type:
- Multi-Family
- Sq.Ft.:
- 1,670
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 1608405
View additional info
Courtesy: CENTURY 21 Advantage
207-782-2121
ADDITIONAL INFORMATION
Discover this well-maintained multi-unit building featuring two spacious units, perfectly situated in the heart of South Portland. With its fantastic location, you'll have easy access to all the amenities that the Greater Portland area has to offer. This property is an ideal choice for investors or those looking to occupy one unit while generating rental income from the other. Both units boast separate heating and electric systems, ensuring tenant comfort and efficiency. Both units have the potential to operate with space for 2 bedrooms. The building has a proven rental history, providing peace of mind for your investment. Retaining much of its original charm, the property showcases beautiful details such as stained glass windows and original woodwork, making it a delightful place to call home. Enjoy the private outdoor space, including a lovely deck that accompanies the second-floor unit—perfect for relaxing or entertaining. Plus, off street parking available for residents. With public water and sewer, this property is not only convenient but also a smart investment in a highly desirable location. Don't miss out on this opportunity—schedule a showing today!
$589,000
868 Street South Portland, ME 04106
- Type:
- Multi-Family
- Sq.Ft.:
- 2,002
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- 1608323
View additional info
Courtesy: Portside Real Estate Group
207-747-4236
ADDITIONAL INFORMATION
Fantastic two unit in South Portland! This lovely multi-family has been owner occupied for the last several years. The first floor unit features 2 bedrooms, 1 bath, beautiful pine floors, a spacious eat-in kitchen and sun filled living room. The second floor unit offers 2 bedrooms, 1 bath, hardwood floors and an open concept living area with cathedral ceilings. Net income only reflects unit 2's rent as unit 1 is owner occupied. Each unit has its own electrical meter, natural gas meter, heating systems and hot water tanks. The oversized detached garage has a workshop space and is perfect for all types of storage. Enjoy this excellent location, just 3 minutes from Knightville and Cottage Road restaurants!
$1,500,000
13 Street South Portland, ME 04106
- Type:
- Multi-Family
- Sq.Ft.:
- 3,729
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 1608129
View additional info
Courtesy: Demetria Real Estate
207-839-5122
ADDITIONAL INFORMATION
Fantastic location, flexible use, abundant space, historic charm, views of Casco Bay. This 2 unit building is located in the heart of Knightville, South Portland. Blocks away from some of the best dining and shopping that South Portland has to offer, this property also boasts close proximity to Thomas Knight Park and the public dock at Knigtville Landing. Just a stone's throw from the Casco Bay Bridge, with easy access to Portland. A great place to live and/or work! Current owner utilizes the first floor unit for professional office space, featuring 2 half baths and multiple flexible office spaces. Upstairs, the residential unit currently serves as the owner's residence with two floors featuring hardwood floors, spacious kitchen that opens into a living room, formal dining room, gas fireplace, roof deck with views of Casco Bay, two full baths and more. Direct exterior access as well as an interior stairwell. Village Commercial zoning allows flexible uses, contact the City to discuss any intended use or the potential for condo conversion. Bring your creativity to unlock the full potential of this property. Also listed as MLS#1608125
- Type:
- Multi-Family
- Sq.Ft.:
- 2,240
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- 1607950
View additional info
Courtesy: Vitalius Real Estate Group, LLC
207-541-3755
ADDITIONAL INFORMATION
Welcome to Thornton Heights and this beautiful, sunny 2-family home in South Portland! Located right around the corner from South Portland's revitalized Main Street, style meets comfort in this sweet gem. Location and convenience are key to this home: 10 min from downtown Portland, the hospital, beaches, the Maine Mall, Scarborough, and Cape Elizabeth. Enjoy a covered front porch to relax with a book and a beverage, as well as a spacious back yard. Your two car garage offers plenty of storage and parking for your vehicles. Unit 2 has been owner-occupied during current ownership. Unit 1 was used as an AirBnb and owner is willing to convey the unit furnished for a turn-key rental. Net income potential for a short term rental $40,000 - $45,000/year!
$849,000
449 Street South Portland, ME 04106
- Type:
- Multi-Family
- Sq.Ft.:
- 2,112
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 1599165
View additional info
Courtesy: Maine Real Estate Co
207-229-5449
ADDITIONAL INFORMATION
GREAT OPPORTUNITY!! This 2 unit in SOPO has been beautifully updated. The restaurant space has been updated to include new electrical, flooring, siding, roof, boiler, windows and many more updates. The space is ready for its new destiny!
$749,000
449 Street South Portland, ME 04106
- Type:
- Multi-Family
- Sq.Ft.:
- 2,112
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 1599167
View additional info
Courtesy: Maine Real Estate Co
207-229-5449
ADDITIONAL INFORMATION
GREAT INVESTMENT OPPORTUNITY!! This 2-unit in SOPO has been beautifully updated and is currently occupied by one tentant. The restaurant space is vacant and has been updated to include: new electrical, flooring, paint, siding, roof, boiler, windows and more. The space is ready for its new destiny. There is an additional lot available in MLS 1599165 for the purchase price of $975,000.00 for the entire package. Thorton Heights is the neighborhood. Be sure to take a look today!
$569,000
955 Avenue South Portland, ME 04106
- Type:
- Multi-Family
- Sq.Ft.:
- 2,575
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.57 Acres
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 1596389
View additional info
Courtesy: EXP Realty
888-439-8743
ADDITIONAL INFORMATION
Back on the market through no fault of it's own. Large 2 unit on over half an acre with distant mountain views in South Portland. This building has been in the same family since 1978. The first floor unit is bright and airy with 2 bedrooms and full bath. The 2nd and 3rd floor unit boasts 4+ bedrooms and 2 full baths and had been owner occupied since 1978. Separate driveways for each unit and a one car attached garage. Multi-level decks with views of Mount Washington on a clear day. Huge backyard. The building is dated and needs updating but very solid.
South Portland Real Estate
The median home value in South Portland, ME is $525,000. This is higher than the county median home value of $470,000. The national median home value is $338,100. The average price of homes sold in South Portland, ME is $525,000. Approximately 60.34% of South Portland homes are owned, compared to 33.63% rented, while 6.04% are vacant. South Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a South Portland real estate agent to arrange a tour today!
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.