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    South Portland, ME
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    South Portland, ME Apartment Buildings for Sale

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    Portland, ME Falmouth, ME Cape Elizabeth, ME
    Turnkey Five-Unit Multifamily
    $1,395,000
    3,990 SF

    Turnkey Five-Unit Multifamily

    32 Clemons Street, South Portland, ME 04106

    Meticulously maintained five-unit property with extensive upgrades and an efficient natural gas heating setup.

    • Five‑unit multifamily on approx. 0.60 acres at 32 Clemons Street: three 1‑bedroom units, one studio, and one spacious 2‑bedroom owner’s unit
    • Owner’s residence has a townhouse‑style layout with a great room and bonus space, plus private deck with views toward Portland skyline and Casco Bay
    • Extensive capital improvements noted: roofing, rebuilt front fire escape and deck system, electrical upgrades, and exterior improvements
    • Heating is provided via an efficient natural gas boiler; tenants pay their own electricity. Water source is public and sewer is public sewer
    • Unit finishes include hardwood, tile, vinyl, and carpet; roof is shingle. Parking available off‑street
    Updated: Jun 2
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in South Portland, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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
    View details
    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
    View details
    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
    View details
    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
    View details

    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
    View details
    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
    View details
    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
    View details
    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
    View details

    Off-Market Properties in South Portland, ME

    Consider similar Off-Market properties in South 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.

    280 Lincoln St
    Multifamily properties
    9,854 SF Lot: 0.69 Acres
    Value Estimation by Request

    280 Lincoln St, South Portland, ME 04106

    View details

    South Portland, ME Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in South Portland, ME on our real estate platform. These investment opportunities span a total of 3,990 square feet of properties for sale, with an estimated market value of $1,395,000.

    Sale prices for two-family homes in South Portland, ME start at $1,395,000, averaging $1,395,000, and reaching up to $1,395,000 — 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 South Portland fall within the 100,000+ square foot range.

    Demographics Overview

    Population 27K
    Population Growth (5Y) +4.4%
    Median Household Income $83,744
    College Educated 33.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $23.17 per sq ft
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

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