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    Portland, ME Multifamily Properties for Sale

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    South Portland, ME Cape Elizabeth, ME Falmouth, ME New Portland, ME Scarborough, ME Cumberland, ME Chebeague Island, ME Westbrook, ME
    115 properties
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    Mixed-Use Property with Office Space
    Updated: Oct 13
    Mixed-Use Property with Office Space

    9, 13-15 Waverly Street, Portland, ME 04103

    $1,800,000
    7,172 sqft 0.36 AC lot
    7,172‑square‑foot mixed‑use property on 0.36 acres
    Office space occupies the first two floors at 9 Waverly Street, with 1,733 square feet per floor
    Third‑floor apartment at 9 Waverly Street has two bedrooms
    Townhouse‑style duplex built in 1987; each unit has two or three bedrooms, 1.5 baths and a full basement
    Separate utilities and natural gas heat
    View details
    Mixed-Use Building with Retail
    Updated: Oct 13
    Mixed-Use Building with Retail

    332 Fore Street, Portland, ME 04101

    $1,300,000
    4,798 sqft 0.03 AC lot
    Ground‑floor retail space with four one‑bedroom apartments above
    4,798 square feet on a 0.03‑acre lot
    Built in 1792; masonry construction includes brick and vinyl siding
    B3 zoning in Boothby Square, Portland’s Old Port
    Public water and public sewer service
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    Historic Two-Unit Property
    Historic Two-Unit Property

    381 Deering Avenue, Portland, ME 04103

    $1,349,000
    5,003 sqft 0.15 AC lot

    Two residences span three finished levels with original architectural details, updated systems, and flexible living arrangements.

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    Mixed-Use Building Package
    Mixed-Use Building Package

    9,13-15 Waverly Street, Portland, ME 04103

    $1,800,000
    7,172 sqft

    The portfolio combines commercial office space, residential apartments, and a townhouse-style duplex with separate utilities.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    361 Woodford Street, Portland, ME 04103

    $799,000
    3,431 sqft 0.23 AC lot

    R-C-zoned property with four one-bedroom apartments and off-street parking in Portland.

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    Duplex with Private Outdoor Spaces
    Duplex with Private Outdoor Spaces

    106 Sherman Street, Portland, ME 04101

    $830,000
    2,535 sqft 0.04 AC lot

    The two residences pair a garden and rooftop deck with distinct layouts, including an upper-level townhouse spanning two floors.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    61 Wilson Street, Portland, ME 04101

    $1,495,000
    6,100 sqft 0.12 AC lot

    Wood-frame property with wood flooring, public utilities, and a flexible unit layout.

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    3-Unit Multifamily with Parking
    3-Unit Multifamily with Parking

    583 Washington Ave Unit 3, Portland, ME 04103

    $1,050,000
    4,107 sqft

    Each residence has three bedrooms, separate living and dining rooms, and an updated kitchen.

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    Renovated Four-Unit Mixed-Use Property
    Renovated Four-Unit Mixed-Use Property

    69 Newbury Street, Portland, ME 04101

    $2,100,000
    4,438 sqft 0.04 AC lot

    Three apartments accompany one commercial space in a wood-frame building with off-street parking.

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    Renovated Duplex with Garage
    Renovated Duplex with Garage

    850 Washington Avenue, Portland, ME 04103

    $799,000
    2,184 sqft 0.53 AC lot

    Updated two-unit property with separate utilities, off-street parking, and substantial outdoor space.

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    Triplex with Updated Kitchens
    Triplex with Updated Kitchens

    583 Washington Avenue 3, Portland, ME 04103

    $1,050,000
    4,107 sqft

    Each apartment has three bedrooms, a living and dining room, a kitchen, pantry, and private storage.

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    Two-Unit Property With Parking
    Two-Unit Property With Parking

    1148-1150 Forest Avenue, Portland, ME 04103

    $699,000
    2,136 sqft 0.09 AC lot

    Tenant-occupied duplex in a Multi Use Commercial zone with public utilities and a paved off-street parking area.

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    Triplex with Off-Street Parking
    Triplex with Off-Street Parking

    88-90 Forest Avenue, Portland, ME 04101

    $719,000
    2,165 sqft 0.06 AC lot

    Three independent apartments include separate heat, hot water, and electricity, with two units vacant and one occupied.

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    Mixed-Use Property With Multifamily Building
    Mixed-Use Property With Multifamily Building

    819829 819-829 Forest Ave, Portland, ME 04103

    $2,000,000
    4,200 sqft

    Two-building property combines storefront space, residential units, garages, and a fully paved, fenced parking area.

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    Victorian Duplex with Two-Unit Potential
    Victorian Duplex with Two-Unit Potential

    77 Carleton Street, Portland, ME 04102

    $1,349,000
    3,030 sqft 0.07 AC lot

    Separate kitchens and laundry areas support a possible two-unit layout.

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    Three-Unit Victorian Property
    Three-Unit Victorian Property

    583 Washington Avenue, Portland, ME 04103

    $1,050,000
    4,107 sqft 6,156.00 AC lot

    Three three-bedroom apartments are complemented by off-street parking.

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    Historic Two-Unit Property
    Historic Two-Unit Property

    381 Deering Avenue, Portland, ME 04103

    $1,349,000
    5,003 sqft

    Three finished levels contain two separate residences with distinct living, dining, and kitchen areas.

    View details
    Historic Duplex with Barn
    Historic Duplex with Barn

    70 Winter Street, Portland, ME 04102

    $850,000
    2,456 sqft 0.10 AC lot

    Two distinct residences include a spacious owner’s unit and a separately entered one-bedroom apartment.

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    Mixed-Use Building with Roof Deck
    Mixed-Use Building with Roof Deck

    133 Free Street, Portland, ME 04101

    $2,465,000
    7,969 sqft

    Restaurant-oriented retail space with a full kitchen occupies the lower level beneath eight leased apartments.

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    Duplex with Third-Floor Bonus Room
    Duplex with Third-Floor Bonus Room

    35 Clinton Street, Portland, ME 04103

    $749,000
    3,210 sqft 0.12 AC lot

    Both residences have front and rear porches, along with updated kitchens and bathrooms.

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    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    332 Fore Street, Portland, ME 04101

    $1,300,000
    4,798 sqft

    Street-level commercial space is complemented by four one-bedroom apartments on the upper floors.

    View details
    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    124 Sherman Street, Portland, ME 04101

    $789,000
    3,030 sqft 0.06 AC lot

    Portland multifamily property with flexible occupancy options and a mix of rental and owner-use potential.

    View details
    Five-Unit Apartment Building with Corner Site
    Five-Unit Apartment Building with Corner Site

    61 Wilson Street, Portland, ME 04101

    $1,495,000
    6,100 sqft

    Five-unit apartment building with a corner location and five-unit layout currently featuring three three-bedroom units plus one- and two-bedroom units.

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    10-Unit Historic Apartment Buildings
    10-Unit Historic Apartment Buildings

    209-211 State Street, Portland, ME 04101

    $2,390,000
    11,000 sqft 0.18 AC lot

    Two separately deeded masonry buildings with off-street parking and urban access near Longfellow Square.

    View details
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    Portland, ME Multifamily Properties Market Trends and Statistics

    Explore 115 multifamily properties for sale in Portland, ME, showcased through 115 active listings on our real estate platform. These investment opportunities span a total of 469,911 square feet of properties for sale, with an estimated market value of $136,225,797.

    Sale prices for multifamily properties in Portland, ME start at $350,000, averaging $1,205,538, and reaching up to $9,999,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 49
    Triplexes 33
    Apartment buildings 17
    Quadplexes 7
    Short term rental properties 5

    Demographics Overview

    Population 119K
    Population Growth (5Y) +15.6%
    Median Household Income $93,177
    College Educated 60.2%

    High-Yield Neighborhoods for Investment

    Identify Portland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    South Portland - 04106 $574K
    Portland - 04101 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.44%
    Property Tax per SF $9.35 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Portland fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Browse Multifamily properties for Sale Near Portland, ME

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    Most Searched ZIP Codes in Portland, ME

    • 04103
    • 04101
    • 04102
    • 04106
    • 19609

    Featured Portland Real Estate Agencies

    Realmo connects you with licensed Portland CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Vitalius Real Estate Group
    306 Congress Street, Suite 3 Portland, ME 04101
    Phone: 12075413755
    www.vitalius.com
    Benchmark Real Estate
    72 Pine Street Portland, ME 04102
    www.benchmarkmaine.com
    Town & Shore Real Estate
    One Union Wharf Portland, ME 04101
    Phone: 12077730262
    www.townandshore.com
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