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    75 Sherman St Portland, ME 04101

    For Sale
    $1,499,000

    MULTI_FAMILY - Portland, ME

    Property size:
    5,046 SF
    Lot size:
    0.08 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 75 Sherman St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R6
    Rooms
    Bathroom 8, Bathroom 4, Bathroom 6, Bathroom 5, Bathroom 9, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 7, Basement
    Parking features
    Driveway
    Basement
    Full
    Size
    5,046 SF
    Lot size
    0.08 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    3
    Number of units
    9
    Building materials
    Vinyl Siding, Clapboard, Wood Frame
    Roof type
    Shingle

    F.O. Bailey Real Estate (207) 781-1111 [email protected]

    Listing agent Thomas Gadbois (207) 781-1111

    Listing date Nov 24, 2025

    MLS# 1642463 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Parkside Apartment Building For Sale

    This is a nine-unit apartment building located in the Parkside neighborhood of Portland, Maine. The building contains eight one-bedroom units and one two-bedroom unit. The apartments feature architectural details and hardwood floors. The property is zoned R6 and has a lot size of 0.08 acres. The building has a total area of 5,046 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Law Firm Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.269545
    Latitude
    43.655832

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    FAQs

    What type of property is this?
    Apartment building - Nine-unit apartment building in a desirable Portland location.
    Where is this apartment building located?
    The property is located at 75 Sherman St Portland, ME.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: - Fantastic location in the city; - Nine-unit apartment building; - Includes eight 1-bedroom units and one 2-bedroom unit
    (207) 781-1111
    Request Owner's contact information
    75 Sherman St Portland, ME 04101
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    Portland, ME 04101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    75 Sherman St Portland, ME 04101
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