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Three-Unit Townhome Multifamily
For Sale
Contact for pricing
Pending

379 Cumberland Ave, Portland, ME 04101

Well-maintained three-unit property with separate entries and an adjoining 12-car parking lot included.

Property SizeContact for details
Days on Market138

Property Features for 379 Cumberland Ave

General Information

Standard status Pending
Total Parking Spaces 12
Property subtype Multifamily

Additional Details

Multifamily Units 3
Listing Agency: Better Homes & Gardens Real Estate/The Masiello Group
Listed By: Roger Begin · License #ME
Source: Crexi
Added: Apr 11 Changed: Aug 15 Last Checked: Aug 25 at 9:54AM

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 Better Homes & Gardens Real Estate/The Masiello Group

Investment Insights

Based on property information with market context.

This well-maintained three-unit multifamily includes a 2-bedroom townhouse with a private porch and separate entry, a 1-bedroom townhome with a den and a private entry, and an additional charming efficiency unit. The building’s unit mix provides separate access points for each residence.

The property is accompanied by an adjoining 12-car parking lot that is located on a separate parcel but included with the offering. It is described as only a short walk to the Arts District, with nearby restaurants and entertainment.

Overall, the configuration combines downtown-proximate living with on-site parking capacity through the included adjacent lot.

Key Highlights

  • Well‑maintained 3‑unit property with separate entries
  • Adjoining 12‑car parking lot included as a separate parcel
  • Includes a 2‑bedroom townhouse with a private porch and separate entry

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Auto Parts Store Tanning Salon Adult Day Care

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

6,466
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained three-unit property with separate entries and an adjoining 12-car parking lot included.
Where is this triplex located?
The property is located at 379 Cumberland Ave Portland, ME.
What are key features of this property?
This property features: Well‑maintained 3‑unit property with separate entries; Adjoining 12‑car parking lot included as a separate parcel; Includes a 2‑bedroom townhouse with a private porch and separate entry
(207) 370-0514 Call to check price and availability
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