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Adjacent Two-Building Multifamily
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55 Atlantic Street 80 Wilson Street, Portland, ME 04101

Two adjacent multi-unit buildings totaling 15 units with off-street parking and top-floor water views, currently 100% occupied.

Property SizeContact for details
Days on Market129

Property Features for 55 Atlantic Street 80 Wilson Street

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Malone Commercial Brokers
Listed By: Andrew Ingalls · License #ME 112114
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 2:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Malone Commercial Brokers

Investment Insights

Based on property information with market context.

Two adjacent multi-unit apartment buildings offer a total of 15 units with a mix of one- and two-bedroom layouts. Some top-floor units feature water views, and the buildings provide both off-street parking and ample on-street parking. The property is currently 100% occupied, with a noted strong rental history.

The buildings are situated on a corner location at Atlantic and Wilson in Portland’s East End, positioned at the top of a quiet neighborhood.

55 Atlantic Street has been completely renovated, while 80 Wilson Street is identified as an opportunity to renovate, creating a clear path for value-focused upgrades within the same adjacent ownership.

Key Highlights

  • Two adjacent multi‑unit buildings totaling 15 units at the corner of Atlantic and Wilson in Portland’s East End
  • 100% occupied with a noted great rental history
  • 15‑unit mix of one- and two‑bedroom apartments, with some water views on the top floors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Daycare Center Tanning Salon Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,776
Businesses Nearby

Demographics for 04101, ME

18,109
Population
11,510
Households
1.6
Avg Household Size
36
Median Age
57%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
9,055
Density / Sq Mi
$60,726
Median Household Income
$45,009
Median Earnings
$1,457
Median Rent
$600,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two adjacent multi-unit buildings totaling 15 units with off-street parking and top-floor water views, currently 100% occupied.
Where is this apartment building located?
The property is located at 55 Atlantic Street 80 Wilson Street Portland, ME.
What are key features of this property?
This property features: Two adjacent multi‑unit buildings totaling 15 units at the corner of Atlantic and Wilson in Portland’s East End; 100% occupied with a noted great rental history; 15‑unit mix of one- and two‑bedroom apartments, with some water views on the top floors
(207) 671-6162 Call to check price and availability
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