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    Portland, ME Apartment Buildings for Sale

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    Falmouth, ME South Portland, ME Cape Elizabeth, ME
    13 results
    Eastern Promenade Colonial Revival Multifamily
    $2,690,000
    6,283 SF
    Eastern Promenade Colonial Revival Multifamily

    63-69 Morning Street, Portland, ME 04101

    Rare 5-unit building near Eastern Promenade with flexible layout.
    • Prime location: One door from the Eastern Promenade in a highly desirable Portland neighborhood.
    • Multi‑unit income potential with a 5‑unit building with existing income‑producing units.
    • Development flexibility: A 'blank canvas' 2‑unit addition offers potential for customization.
    • Ample parking: Includes seven off‑street parking spaces (two garage bays and five outdoor spots).
    • Architectural charm: The original 1922 Colonial Revival main residence boasts preserved architectural details and tasteful updates.
    Updated: Jun 1
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    Mixed-Use Investment Opportunity
    $1,499,000
    7,446 SF
    Mixed-Use Investment Opportunity

    671-675 Forest Avenue, Portland, ME 04103

    Retail and residential units in a prime Portland location.
    • Prime Portland location at the intersection of Forest Ave, Woodford St, and Ocean Ave.
    • Mixed‑use property with 1 retail unit and 8 residential units.
    • High traffic and accessibility via major thoroughfares and public transportation.
    • Potential for steady rental income stream from diverse unit types.
    • Full finished basement with loading dock, offering expansion or storage possibilities.
    Updated: Mar 19
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    Well-Maintained 44-Unit Apartment Complex
    $9,999,500
    38,592 SF
    Well-Maintained 44-Unit Apartment Complex

    44-unit apartment complex on 3.8 acres in Portland, Maine.

    1390 Forest Avenue, Portland, ME 04103

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    Well-Maintained 44-Unit Apartment Complex
    $9,999,500
    39,592 SF
    Well-Maintained 44-Unit Apartment Complex

    44-unit apartment complex on 3.8 acres in Portland, Maine.

    1390 Forest Avenue, Portland, ME 04103

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    Mixed-Use Investment Opportunity, Portland
    $1,499,000
    11,169 SF
    Mixed-Use Investment Opportunity, Portland

    Retail and residential units in a prime Portland location.

    671 Forest Avenue, Portland, ME 04103

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    Mixed-Use Building in Downtown Portland
    $625,000
    2,910 SF
    Mixed-Use Building in Downtown Portland

    Mixed-use building with storefront and apartment in downtown Portland.

    1435 Forest Avenue, Portland, ME 04103

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    Ten-Unit Apartment Building
    $10,383,500
    Ten-Unit Apartment Building

    10-unit apartment building offered through a real estate foreclosure auction process.

    779 Congress St., Portland, ME 04101

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    Eastern Promenade Multifamily Investment Opportunity
    $2,690,000
    6,283 SF
    Eastern Promenade Multifamily Investment Opportunity

    Rare 5-unit building near Eastern Promenade with investment and owner-occupancy potential.

    63-69 Morning Street, Portland, ME 4101

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    Mixed-Use Building in Downtown Portland
    $625,000
    2,910 SF
    Mixed-Use Building in Downtown Portland

    Mixed-use building with storefront and apartment in downtown Portland.

    1435 Forest Avenue, Portland, ME 4103

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    Downtown Portland Mixed-Use Building
    $2,975,000
    27,800 SF
    Downtown Portland Mixed-Use Building

    Mixed-use building with retail and residential units in downtown Portland.

    540 Congress Street, Portland, ME

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    Mixed-Use Property with Retail
    $3,100,000
    8,228 SF
    Mixed-Use Property with Retail

    Mixed-use property featuring retail and luxury studio apartments.

    46 Market St, Portland, ME

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    Portland West End Redevelopment Opportunity
    $1,875,000
    13,020 SF
    Portland West End Redevelopment Opportunity

    Redevelopment opportunity in Portland's West End with retail visibility.

    181 Brackett Street, Portland, ME

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    Mixed-Use Investment Property For Sale
    $1,650,000
    8,172 SF
    Mixed-Use Investment Property For Sale

    Six-unit investment property with commercial and residential spaces.

    200 Brackett St & 54 Pine St, Portland, ME 4102

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    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 13 Active listings in Portland, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Scarborough Multifamily Investment Opportunity
    $2,999,999
    11,478 SF
    Scarborough Multifamily Investment Opportunity

    Sixteen-unit multifamily property in Scarborough with recent renovations and strong occupancy.

    90 Broadturn Road, Scarborough, ME 04074

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    Scarborough Multifamily Investment Opportunity
    $2,999,999
    11,478 SF
    Scarborough Multifamily Investment Opportunity

    16-unit multifamily property in Scarborough with recent renovations and strong occupancy.

    90 Broadturn Road, Scarborough, ME 04074

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    Ocean View Multifamily Investment Property
    $1,225,000
    2,427 SF
    Ocean View Multifamily Investment Property

    Five-unit property across from the beach, ideal for income.

    40 East Grand Avenue, Old Orchard Beach, ME 4064

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    Old Orchard Beach Multifamily Investment
    $1,090,000
    2,869 SF
    Old Orchard Beach Multifamily Investment

    Multifamily property near the beach with year-round rental potential.

    96 1st St, Old Orchard Beach, ME 4064

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF
    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226

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    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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    La Plata Land For Sale
    $250,000
    0.23 Acres
    La Plata Land For Sale

    0.23 acre parcel in La Plata, zoned CB.

    107 HOWARD Street, La Plata, MD 20646

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    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

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    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
    46,944 SF Lot: 2.83 Acres
    Value Estimation by Request
    Winchester Dr

    0 Winchester Dr, Portland, ME 04103

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    28 Eastern Promenade
    Multifamily properties
    7,556 SF Lot: 0.15 Acres
    Value Estimation by Request

    28 Eastern Promenade, Portland, ME 04101

    View details
    214 Park Ave
    Multifamily properties
    2,256 SF Lot: 0.07 Acres
    Value Estimation by Request

    214 Park Ave, Portland, ME 04102

    View details
    89 Carleton St
    Multifamily properties
    2,257 SF
    Value Estimation by Request

    89 Carleton St, Portland, ME 04102

    View details
    273 Cumberland Ave
    Multifamily properties
    16,248 SF
    Value Estimation by Request

    273 Cumberland Ave, Portland, ME 04101

    View details
    429 Deering Ave
    Multifamily properties
    Lot: 0.13 Acres

    429 Deering Ave, Portland, ME 04103

    View details

    Portland, ME Apartment Buildings Investment Opportunities Market Analysis

    Explore 19 apartment buildings for sale in Portland, ME, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 172,405 square feet of properties for sale, with an estimated market value of $39,227,000.

    Sale prices for two-family homes in Portland, ME start at $625,000, averaging $3,268,916, 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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    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    04102 $1.7M
    04103 $4M
    04101 $5.3M

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

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    Most Searched ZIP Codes in Portland, ME

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