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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 Chebeague Island, ME Westbrook, ME Gorham, ME
126 properties
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Mixed-Use Building With Roof Deck
Updated: Aug 20
Mixed-Use Building With Roof Deck

133 Free Street, Portland, ME 04101

$2,595,000
7,969 sqft 0.09 AC lot
7,969 SF mixed‑use building on a 0.09‑acre site
4,141 SF retail area with full kitchen and 1,490 SF roof deck
8 fully leased residential apartments above the retail space
Unfinished 766 SF attic area
B‑3 zoning with public water and public sewer
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Mixed-Use Building with Roof Deck
Updated: Aug 20
Mixed-Use Building with Roof Deck

133 Free Street, Portland, ME 04101

$2,595,000
7,969 sqft 0.09 AC lot
7,969 SF mixed‑use building on a 0.09‑acre parcel
4,141 SF retail area with full kitchen
1,490 SF roof deck
8 fully leased residential apartments
Unfinished 766 SF attic area
View details
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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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.

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Mixed-Use Property with Office Building
Mixed-Use Property with Office Building

522-526 Washington Avenue, Portland, ME 04103

$1,070,000
5,036 sqft 0.33 AC lot

Two adjoining commercial properties combine office space with a two-family building and commercial area.

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10-Unit Apartment Building
10-Unit Apartment Building

7 Huntress Street, Portland, ME 04102

$2,195,000
9,980 sqft 0.24 AC lot

R6-zoned apartment property with garage parking and recent capital improvements.

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Brick Quadplex with Private Parking
Brick Quadplex with Private Parking

481 Cumberland Avenue, Portland, ME 04101

$1,200,000
4,086 sqft 0.11 AC lot

Four residential units include a two-bedroom layout and three one-bedroom apartments.

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

133 Free Street, Portland, ME 04101

$2,595,000
7,969 sqft

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

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Four-Unit Multifamily with Commercial Space
Four-Unit Multifamily with Commercial Space

69 Newbury Street, Portland, ME 04101

$2,250,000
4,438 sqft 0.04 AC lot

Four-unit mixed-use property with three residential apartments and one commercial space, zoned IS-FBC, with off-street parking.

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Five-Unit Apartment Building
Five-Unit Apartment Building

61 Wilson Street, Portland, ME 04101

$1,500,000
6,100 sqft 0.12 AC lot

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

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

69 Newbury St, Portland, ME 04101

$2,250,000
4,438 sqft

Four-unit configuration includes three apartments and a commercial space in Portland’s East End.

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Five-Unit Colonial Apartment Building
Five-Unit Colonial Apartment Building

63-69 Morning Street, Portland, ME 04101

$2,690,000
6,283 sqft 0.17 AC lot

Two connected buildings offer five units, garage parking, public utilities, and views toward Casco Bay.

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

209211 209-211 State St, Portland, ME 04101

$2,390,000
11,000 sqft

Two separately deeded buildings provide multifamily housing with off-street parking in Portland’s Congress Street corridor.

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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 include off-street parking and established residential character.

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Updated Three-Unit Victorian Triplex
Updated Three-Unit Victorian Triplex

17 Boynton Street, Portland, ME 04102

$849,900
4,311 sqft 0.09 AC lot

Three updated two-bedroom apartments with off-street parking and public utilities.

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Duplex with Two-Car Garage
Duplex with Two-Car Garage

14 Devon Street, Portland, ME 04102

$725,000
2,487 sqft 0.28 AC lot

Two-unit New Englander duplex on a large lot with off-street parking and a two-car garage, built in 1900.

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Colonial Apartment Building
Colonial Apartment Building

146 Sherman Street, Portland, ME 04101

$1,319,000
5,650 sqft 0.10 AC lot

Wood-frame multifamily property with off-street parking and public utilities in Portland’s West End.

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Townhouse-Style Duplex
Townhouse-Style Duplex

5961 59-61 Maggie Ln, Portland, ME 04103

$599,900
1,872 sqft 0.49 AC lot

Two residences offer updated interiors, basement storage, private outdoor space, and paved off-street parking.

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Six-Unit Apartment Building
Six-Unit Apartment Building

10 Adelaide Street, Portland, ME 04103

$1,325,000
3,530 sqft 0.23 AC lot

Apartment property with private entrances, separately metered utilities, basement laundry, and off-street resident parking.

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Triplex with Water Views
Triplex with Water Views

31 Bates St, Portland, ME 04103

$1,395,000
2,393 sqft

1916-built triplex with private decks, garage parking, and dedicated storage for each residence.

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West End Apartment Building
West End Apartment Building

146 Sherman Street, Portland, ME 04101

$1,319,000
5,650 sqft 0.10 AC lot

Wood-frame multifamily property with off-street parking, public utilities, and R6 zoning in Portland’s West End.

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Updated Duplex with Private Entrance
Updated Duplex with Private Entrance

24 Rowe Avenue, Portland, ME 04102

$650,000
1,749 sqft

Two-unit property with remodeled interiors, dedicated outdoor space, storage, and off-street parking.

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Duplex with Walk-Up Attic
Duplex with Walk-Up Attic

605 Washington Avenue, Portland, ME 04103

$550,000
2,612 sqft 0.16 AC lot

Two four-bedroom apartments include period details, basement utility space, and off-street parking on a fenced lot.

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Portland, ME Multifamily Properties Market Trends and Statistics

Explore 126 multifamily properties for sale in Portland, ME, showcased through 126 active listings on our real estate platform. These investment opportunities span a total of 477,224 square feet of properties for sale, with an estimated market value of $138,090,598.

Sale prices for multifamily properties in Portland, ME start at $480,000, averaging $1,315,148, 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 46
Apartment buildings 32
Triplexes 29
Quadplexes 9
Short term rental properties 6

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
04102 $923.1K
04103 $1.3M
04101 $1.7M

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.

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