7 Huntress Street presents exceptionally well as a professionally managed 10-unit multifamily asset in one of Portland’s most desirable in-town locations. Ideally situated near Maine Medical Center, Thompson’s Point, downtown Portland, and major transportation routes, the property offers both stable cash flow and long-term investment appeal. Current ownership has made numerous thoughtful capital improvements, including replacement of the original cast iron plumbing with PVC, recent boiler servicing, repairs to the rubber roof, new carpeting in one apartment and in the right-side common hallway, two new ceilings, updated blinds and interior paint, a new bathroom window, and updated appliances including a new stove, refrigerator, and sink in one unit. The property also benefits from two new washers and two new dryers, while six of the apartments now feature modern keyless entry systems. Parking is a significant value add, offering nine total spaces, including four garage bays plus additional off-street parking. Ownership has also identified an opportunity for the next investor to increase revenue through strategic parking rental income, creating additional upside beyond the existing rental stream. Well maintained with a strong history of ownership and meaningful recent updates. A rare opportunity to acquire a turnkey multifamily asset with both immediate stability and future income potential in Portland’s thriving rental market
- State:
- ME
- County:
- Cumberland
- City:
- Portland
- Zipcode:
- 04102
- Street:
- Huntress
- Street Suffix:
- Street
- Longitude:
- W71° 42' 55.8''
- Latitude:
- N43° 39' 14.1''
- High School District:
- Portland Public Schools
- Heating System:
- Zoned, Baseboard, Hot Water, Radiator, Gas Natural
- Cooling System:
- None
- Basement:
- Walk-Out Access, Daylight, Full, Interior Entry, Unfinished, Finished, Brick/Mortar
- Parking:
- On Site, 5 - 10 Spaces, Off Street, Common, Detached, Reclaimed
- Waterfront Features:
- Nearby
- Sewer:
- Public Sewer
- Laundry Features:
- Laundry - Coin
- Interior Features:
- Storage, Bathtub
- Flooring:
- Vinyl, Wood, Carpet, Laminate
- Architectural Style:
- Other
- Year Built:
- 1910
- Office:
- RE/MAX Shoreline
- Water Source:
- Public
- Stories:
- 3
- Previous Price:
- 2195000
- On Market Date:
- 2026-06-10
- Number Of Units Total:
- 10
- Lot Features:
- Intown, Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Railroad, Neighborhood, Business District, Landscaped, Corner Lot, Near Public Transit
- Levels:
- Multi-Level
- Garage:
- 4.0
- Foundation Details:
- Granite, Brick/Mortar
- Electric:
- Circuit Breakers
- Construction Materials:
- Vinyl Siding, Wood Frame
- Building Size:
- 9980
- Tax Annual Amount:
- 21928.0
- List Agent Mls Id:
- 018986
- List Office Mls Id:
- 2951
- Mls Status:
- Active
- Modification Timestamp:
- 2026-09-15T17:27:04Z
- Originating System Name:
- Maine
- Status Change Timestamp:
- 2026-06-10T13:26:57Z
- Zoning:
- R6
Portland
7 Huntress Street, Portland, Maine 04102
- Property Type :
- Residential Income
- Listing ID :
- 1666409
- Price :
- $2,100,000
- Acreage :
- 0.24 Acre
- Full Bathrooms :
- 10
- Listing Status :
- Active
- Roof:
- Membrane, Flat
