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Description

Prime 5-unit multifamily investment opportunity in Portland’s desirable West End in Parkside. Featuring four 2-bedroom units and two 1-bedroom units, this income-producing property offers excellent tenant demand, and future upside potential. The current owner has offered the units to his employees at a discounted rental rate. Owner initiated process to legalize 6th unit with fire escape addition but was unable to resolve with the city. The property had a safety inspection completed by the city with the third floor broken up into two, two-bedroom units instead of one combined four-bedroom unit. Conveniently located minutes from Downtown Portland, Maine Medical Center, restaurants, shops, and public transportation. A rare opportunity to acquire a well-located multifamily asset. Group showings: Tuesday, June 23rd at 10am – 11:30am Thursday, June 25th at 12pm – 1:00pm All showings after group showings will be by appointment only. Allow at least 24 hours to notify tenants.

Location Details
State:
ME
County:
Cumberland
City:
Portland
Zipcode:
04101
Street:
Sherman
Street Suffix:
Street
Longitude:
W71° 43' 38.5''
Latitude:
N43° 39' 17.6''
Features
Heating System:
Zoned, Baseboard, Hot Water, Forced Air, Radiator, Gas Natural
Cooling System:
None
Basement:
Full, Interior Entry, Unfinished, Brick/Mortar
Parking:
No Driveway, None, Off Street
Sewer:
Public Sewer
Laundry Features:
Laundry - Coin
Interior Features:
Bathtub, Shower
Flooring:
Vinyl, Wood, Carpet
Architectural Style:
Colonial
Additional Details
Year Built:
1910
Listing Office
Office:
EXP Realty
Additional Information
Water Source:
Public
Virtual Tour:
https://hommati.tours/tour/2649330?play=no&mls=yes
On Market Date:
2026-06-19
Number Of Units Total:
5
Lot Features:
Open Lot, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Railroad, Near Town, Rolling Slope, Corner Lot
Levels:
Multi-Level
Foundation Details:
Stone, Block, Brick/Mortar
Electric:
Circuit Breakers
Construction Materials:
Vinyl Siding, Wood Frame
Building Size:
5650
Financial
Tax Annual Amount:
12664.0
Listing Information
List Agent Mls Id:
016229
List Office Mls Id:
2742
Mls Status:
Active
Modification Timestamp:
2026-08-19T22:56:42Z
Originating System Name:
Maine
Status Change Timestamp:
2026-06-19T16:28:44Z
Address Map
Zoning:
R6
  • Google Map

Portland

146 Sherman Street, Portland, Maine 04101

0.10 Acre
$1,319,000
Listing ID #1668085
Basic Details
Property Type :
Residential Income
Listing ID :
1668085
Price :
$1,319,000
Acreage :
0.10 Acre
Full Bathrooms :
6
Listing Status :
Active
Roof:
Shingle, Pitched
Agent info
Maine Outdoor  Properties
  • Maine Outdoor Properties
  • 207-653-1389
  • 207-653-1555
  • [email protected]

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Data last updated: 10/14/2026 1:49
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  Listing data is derived in whole or in part from the Maine IDX & is for consumers’ personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved.

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