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.
- State:
- ME
- County:
- Cumberland
- City:
- Portland
- Zipcode:
- 04101
- Street:
- Sherman
- Street Suffix:
- Street
- Longitude:
- W71° 43' 38.5''
- Latitude:
- N43° 39' 17.6''
- 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
- Year Built:
- 1910
- Office:
- EXP Realty
- 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
- Tax Annual Amount:
- 12664.0
- 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
- Zoning:
- R6
Portland
146 Sherman Street, Portland, Maine 04101
- Property Type :
- Residential Income
- Listing ID :
- 1668085
- Price :
- $1,319,000
- Acreage :
- 0.10 Acre
- Full Bathrooms :
- 6
- Listing Status :
- Active
- Roof:
- Shingle, Pitched
