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    Portland, ME Apartment Buildings for Sale

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    Mixed-Use Building With Roof Deck
    Updated: Aug 20
    Mixed-Use Building With Roof Deck

    133 Free Street, Portland, ME 04101

    $2,595,000
    7,969 sqft 0.09 AC lot
    7,969 SF mixed‑use building on a 0.09‑acre site
    4,141 SF retail area with full kitchen and 1,490 SF roof deck
    8 fully leased residential apartments above the retail space
    Unfinished 766 SF attic area
    B‑3 zoning with public water and public sewer
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    Mixed-Use Building with Roof Deck
    Updated: Aug 20
    Mixed-Use Building with Roof Deck

    133 Free Street, Portland, ME 04101

    $2,595,000
    7,969 sqft 0.09 AC lot
    7,969 SF mixed‑use building on a 0.09‑acre parcel
    4,141 SF retail area with full kitchen
    1,490 SF roof deck
    8 fully leased residential apartments
    Unfinished 766 SF attic area
    View details
    10-Unit Apartment Building
    10-Unit Apartment Building

    7 Huntress Street, Portland, ME 04102

    $2,195,000
    9,980 sqft 0.24 AC lot

    R6-zoned apartment property with garage parking and recent capital improvements.

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    See what stands out in Cumberland County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Mixed-Use Building with Roof Deck
    Mixed-Use Building with Roof Deck

    133 Free Street, Portland, ME 04101

    $2,595,000
    7,969 sqft

    Restaurant-oriented retail space with a full kitchen occupies the lower level beneath eight leased apartments.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    61 Wilson Street, Portland, ME 04101

    $1,500,000
    6,100 sqft 0.12 AC lot

    Wood-frame property with wood flooring, public utilities, and a flexible unit layout.

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    10-Unit Historic Apartment Buildings
    10-Unit Historic Apartment Buildings

    209-211 State Street, Portland, ME 04101

    $2,390,000
    11,000 sqft 0.18 AC lot

    Two separately deeded masonry buildings include off-street parking and established residential character.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Colonial Apartment Building
    Colonial Apartment Building

    146 Sherman Street, Portland, ME 04101

    $1,319,000
    5,650 sqft 0.10 AC lot

    Wood-frame multifamily property with off-street parking and public utilities in Portland’s West End.

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    10-Unit Historic Apartment Buildings
    10-Unit Historic Apartment Buildings

    209211 209-211 State St, Portland, ME 04101

    $2,390,000
    11,000 sqft

    Two separately deeded buildings provide multifamily housing with off-street parking in Portland’s Congress Street corridor.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    10 Adelaide Street, Portland, ME 04103

    $1,325,000
    3,530 sqft 0.23 AC lot

    Apartment property with private entrances, separately metered utilities, basement laundry, and off-street resident parking.

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    West End Apartment Building
    West End Apartment Building

    146 Sherman Street, Portland, ME 04101

    $1,319,000
    5,650 sqft 0.10 AC lot

    Wood-frame multifamily property with off-street parking, public utilities, and R6 zoning in Portland’s West End.

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    Apartment Building
    Apartment Building

    146 Sherman Street, Portland, ME 04101

    $1,319,000
    5,650 sqft

    Multifamily property near Downtown Portland with access to medical, retail, dining, and public transportation.

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    Victorian Apartment Building
    Victorian Apartment Building

    209-211 State Street, Portland, ME 04101

    $2,390,000
    11,000 sqft 0.18 AC lot

    The property includes public water and sewer service, off-street parking, and zoned natural-gas hot-water heating.

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    44-Unit Apartment Complex with Five Buildings
    44-Unit Apartment Complex with Five Buildings

    1390 Forest Avenue, Portland, ME 04103

    $9,999,500
    39,592 sqft 3.80 AC lot

    Five-building, wood-frame apartment complex is currently fully occupied with mostly long-term, 2-bedroom tenants.

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    44-Unit Apartment Complex with Multiple Buildings
    44-Unit Apartment Complex with Multiple Buildings

    1390 Forest Avenue, Portland, ME 04103

    $9,999,500
    39,592 sqft 3.80 AC lot

    Forty-four two-bedroom apartments across five buildings, with heat and hot water included and on-site storage and parking.

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    Five-Unit Apartment Building with Corner Site
    Five-Unit Apartment Building with Corner Site

    61 Wilson Street, Portland, ME 04101

    $1,500,000
    6,100 sqft

    Five-unit apartment building with a corner location and five-unit layout currently featuring three three-bedroom units plus one- and two-bedroom units.

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    10-Unit Multifamily Apartment Building
    10-Unit Multifamily Apartment Building

    7 Huntress Street, Portland, ME 04102

    $2,195,000
    9,980 sqft

    Professionally managed 10-unit building with recent interior updates, new laundry equipment, and nine on-site parking spaces.

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    5-Unit Apartment Building with Bay Views
    5-Unit Apartment Building with Bay Views

    63-69 Morning Street, Portland, ME 04101

    $2,690,000
    6,283 sqft

    Colonial Revival character, a newer apartment addition, and dedicated parking support flexible multifamily use near the Eastern Promenade.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    10 Adelaide Street, Portland, ME 04103

    $1,325,000
    3,530 sqft

    Updated apartments offer private entrances, separate utility metering, rear parking, and shared basement laundry.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    55 Grant Street, Portland, ME 04101

    $1,150,000
    7,312 sqft

    Income-producing multifamily property near Portland’s medical, office, and university employment centers.

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    5-Unit Multifamily Building
    5-Unit Multifamily Building

    160 Washington Avenue, Portland, ME 04101

    $1,495,000
    4,732 sqft

    Well-maintained five-unit property with all units configured as two-bedroom residences and off-street parking.

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    12-Unit Apartment Building
    12-Unit Apartment Building

    193 Congress St, Portland, ME 04101

    Contact for pricing

    Multifamily property at 193 Congress Street in Portland, Maine.

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    Mixed-Use Building with Retail Fronts
    Mixed-Use Building with Retail Fronts

    671-675 Forest, Portland, ME 04103

    Contact for pricing

    The property combines residential units, retail fronts, a full basement, and a loading dock.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Portland, ME, we suggest to view alternatives - similar 6 Off-Market properties to explore as potential leads.

    Off-Market Properties in Portland, ME

    Consider similar Off-Market properties in Portland, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Winchester Dr
    Multifamily properties

    0 Winchester Dr, Portland, ME 04103

    Value Estimation by Request
    46,944 sqft 2.83 AC lot
    View details
    28 Eastern Promenade
    Multifamily properties

    28 Eastern Promenade, Portland, ME 04101

    Value Estimation by Request
    7,556 sqft 0.15 AC lot
    View details

    Portland, ME Apartment Buildings Market Trends and Statistics

    Explore 28 apartment buildings for sale in Portland, ME, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 210,588 square feet of properties for sale, with an estimated market value of $54,286,000.

    Sale prices for two-family homes in Portland, ME start at $1,150,000, averaging $2,714,300, and reaching up to $9,999,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 119K
    Population Growth (5Y) +15.6%
    Median Household Income $93,177
    College Educated 60.2%

    High-Yield Neighborhoods for Investment

    Identify Portland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04101 $2M
    04102 $2.2M
    04103 $5.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.44%
    Property Tax per SF $9.35 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Portland fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Portland, ME

    • 04101
    • 04103
    • 04102

    Featured Portland Real Estate Agencies

    Realmo connects you with licensed Portland CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Vitalius Real Estate Group
    306 Congress Street, Suite 3 Portland, ME 04101
    Phone: 12075413755
    www.vitalius.com
    Town & Shore Real Estate
    One Union Wharf Portland, ME 04101
    Phone: 12077730262
    www.townandshore.com

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