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Fully Leased Munjoy Hill Investment

6 - 8 Saint Lawrence Street, Portland, ME 04101

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For Sale

$1,299,000

MULTI_FAMILY - Portland, ME

Property size:

3,304 SF

Lot size:

0.07 Acres

Price / SF:

$393/SF

HighLights

Fully leased 4‑unit, two‑building asset on a single lot with partial Casco Bay views from every unit
10‑bedroom, 3,000+ SF property built in 1983 with 2BR/1BA units on both lower and upper levels
All four units leased at full market rates for immediate in‑place cash flow
Recent/major upgrades include new roofs on both buildings, updated kitchens and baths, casement windows, heating improvements, fresh paint, and newer carpeting
In‑unit laundry in 3 of 4 units, with potential to add laundry to the remaining unit
Ocean front setting with private garden spaces for both buildings, balcony decks for the upper units, and fenced yard

We can help!

Listing Contact

Deborah Meek

For Sale

$1,299,000

MULTI_FAMILY - Portland, ME

Property size:

3,304 SF

Lot size:

0.07 Acres

Price / SF:

$393/SF

Added:: Jun 5, 2026
Days on Market:: 18
Last Refresh:: Jun 22 at 12:06 am

Property Features for 6 - 8 Saint Lawrence Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RN-4
Bathrooms: 4
Rooms: Bathroom 1, Bathroom 3, Basement, Bathroom 4, Bathroom 2
Parking features: On Street
Patio and Porch features: Porch, Deck
Interior features: 1st Floor Bedroom, Bathtub, Shower, Storage
Fencing: Fenced
Basement: Walk-Out Access, Full, Finished
Standard status: Active
Size: 3,304 SF
Lot size: 0.07 Acres

Taxes and HOA fees

Tax Year: 25
Tax Annual Amount: 14027

Utilities

Sewer type: Public Sewer
Heating system: Baseboard, Natural Gas, Electric (Heating)
Water source: Public
Water front features: Ocean Front
Water front: 1

Building Details

Year built: 1983
Floors in Building: 2
Number of units: 4
Flooring type: Wood, Tile, Vinyl, Carpet
Building materials: Wood Frame, Vinyl Siding
Roof type: Shingle
Additional Structures: Storage

We can help!

Listing Contact

Deborah Meek

Listing agent Deborah Meek

Listing office Keller Williams Realty 50 Sewall Street, Portland, ME

Listing date Jun 5, 2026

MLS# 1651128 Listing URL

HighLights

Fully leased 4‑unit, two‑building asset on a single lot with partial Casco Bay views from every unit
10‑bedroom, 3,000+ SF property built in 1983 with 2BR/1BA units on both lower and upper levels
All four units leased at full market rates for immediate in‑place cash flow
Recent/major upgrades include new roofs on both buildings, updated kitchens and baths, casement windows, heating improvements, fresh paint, and newer carpeting
In‑unit laundry in 3 of 4 units, with potential to add laundry to the remaining unit
Ocean front setting with private garden spaces for both buildings, balcony decks for the upper units, and fenced yard

Overview

This is a fully leased four-unit investment property consisting of two buildings, situated on a single lot in Portland's Munjoy Hill neighborhood. The property features partial Casco Bay views from every unit. The 10-bedroom property offers over 3,000 square feet of space. All four units are leased at full market rates. The property has undergone improvements over the past 19 years, including new roofs on both buildings, updated kitchens and baths, casement windows, heating improvements, fresh paint, and newer carpeting. The unit mix includes two lower units, each featuring 2BR/1BA layouts above grade plus finished basement space, and two upper units offering 2BR/1BA layouts with natural light and bay-view outlooks. Three of the four units include in-unit laundry, with potential to add laundry to the fourth unit. Outdoor amenities include private garden spaces for both buildings and balcony decks for the upper units. On-street parking is available on St. Lawrence and Fore Street, plus one on-site space. Parking garages nearby provide space during snow bans. The location is minutes from the Eastern Prom, Downtown Portland, and the Roux Institute at Northeastern University. The property is located on a 0.07-acre lot.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Cumberland
State: Maine
Longitude: -70.244141
Latitude: 43.663727

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For sale
Quadplexes
ME
Portland
04101
6 - 8 Saint Lawrence Street

What type of property is this?

Quadplex - Four-unit property with partial Casco Bay views in Portland.

Where is this quadplex located?

The property is located at 6 - 8 Saint Lawrence Street Portland, ME.

What is the asking price?

The asking price for this property is $1,299,000.

What are key features of this property?

This property features: Fully leased 4‑unit, two‑building asset on a single lot with partial Casco Bay views from every unit; 10‑bedroom, 3,000+ SF property built in 1983 with 2BR/1BA units on both lower and upper levels; All four units leased at full market rates for immediate in‑place cash flow

6 - 8 Saint Lawrence Street, Portland, ME 04101

MULTI_FAMILY - Portland, ME

Property Features for 6 - 8 Saint Lawrence Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Office Building

Brick Retail Building with Seafood Use

Freestanding Office Building

Two-Unit Victorian Duplex with Garage

Two Adjoining Mixed-Use Properties

Turnkey 10-Unit Multifamily

Renovated Two-Unit Duplex

Eastern Promenade Colonial Revival Multifamily

Partially Completed Four-Unit Residential

Four-Unit Residential Income Property

Seven-Unit Brick Multifamily Building

West End Triplex Opportunity

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