Updated Two-Unit Duplex with
134 - 136 Sawyer Street South Portland, ME 04106
134 - 136 Sawyer Street, South Portland, ME, 04106
$599,000
For Sale
$599,000
Updated duplex with two units, each featuring 3 bedrooms, flexible extra space, and off-street parking.
Property Size2,323 SF
Price / SF$257.86
Days on Market47
Property Features for 134 - 136 Sawyer Street
General Information
- Standard status
- Active
- Size
- 2,323 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1830
Listing agency
Keller Williams Realty
Listed by
Jeffrey Mateja
(603) 866-2942
Source
Profoundrealestate
Added: Jun 7 Updated: Jul 22 at 3:37AM Checked: Jul 22 at 3:37AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
134-136 Sawyer Street is an updated two-unit duplex configured as separate living spaces in a single property. Each unit includes 3 bedrooms plus additional flexible space suitable for a home office, guest room, workout area, or extra storage. The layouts provide spacious living areas with abundant natural light and updated finishes, supporting comfortable, functional day-to-day living. Off-street parking is provided for each unit, along with some outdoor space.
The property is located in South Portland, just minutes from downtown Portland. It is also within walking distance to Willard Beach and nearby destinations including Second Rodeo Coffee and Saltwater Grille.
As a residential income property, it offers a straightforward two-unit structure with dedicated parking per unit and in-unit living flexibility tailored to a range of household needs.
The property is located in South Portland, just minutes from downtown Portland. It is also within walking distance to Willard Beach and nearby destinations including Second Rodeo Coffee and Saltwater Grille.
As a residential income property, it offers a straightforward two-unit structure with dedicated parking per unit and in-unit living flexibility tailored to a range of household needs.
Key Highlights
- Updated two‑unit duplex at 134‑136 Sawyer Street with Year Built 1830
- Each unit has 3 bedrooms plus additional flexible space for a home office, guest room, workout area, or storage
- Spacious living areas with abundant natural light and updated finishes in each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.7k | $27.00 |
| − Vacancy | −$4.1k | −$1.76 |
| EGI | $58.6k | $25.25 |
| − OpEx | −$17.6k | −$7.57 |
| NOI | $41.1k | $17.67 |
2,323 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$586.4K
$513.1K – $684.2K
NOI $41,051 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$545.6K
$477.4K – $636.5K
NOI $38,192 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$638.5K
$558.7K – $744.9K
NOI $44,693 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated duplex with two units, each featuring 3 bedrooms, flexible extra space, and off-street parking.
Where is this duplex located?
The property is located at 134 - 136 Sawyer Street South Portland, ME.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Updated two‑unit duplex at 134‑136 Sawyer Street with Year Built 1830; Each unit has 3 bedrooms plus additional flexible space for a home office, guest room, workout area, or storage; Spacious living areas with abundant natural light and updated finishes in each unit
