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    Portland, ME Multifamily Properties for Sale

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    Falmouth, ME South Portland, ME Long Island, ME
    44 results
    Portland Mixed-Use Investment Opportunity
    $1,190,000
    5,036 SF

    Portland Mixed-Use Investment Opportunity

    522-526 Washington Avenue, Portland, ME 04103

    Two adjoining properties with income potential near downtown Portland.

    • Two adjoining properties on high‑visibility Washington Avenue.
    • Renovated commercial office building and mixed‑use 2‑family with commercial space.
    • Expansive combined parking footprint rare near downtown.
    • Strong existing income with additional upside potential.
    • Easy access to I‑295, Back Cove, and the Roux Institute campus.
    Updated: Jun 1
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    Eastern Promenade Colonial Revival Multifamily
    $2,690,000
    6,283 SF

    Eastern Promenade Colonial Revival Multifamily

    63-69 Morning Street, Portland, ME 04101

    Rare 5-unit building near Eastern Promenade with flexible layout.

    • Prime location: One door from the Eastern Promenade in a highly desirable Portland neighborhood.
    • Multi‑unit income potential with a 5‑unit building with existing income‑producing units.
    • Development flexibility: A 'blank canvas' 2‑unit addition offers potential for customization.
    • Ample parking: Includes seven off‑street parking spaces (two garage bays and five outdoor spots).
    • Architectural charm: The original 1922 Colonial Revival main residence boasts preserved architectural details and tasteful updates.
    Updated: Jun 1
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    Charming Multi-Unit Investment Property
    $868,000
    3,119 SF

    Charming Multi-Unit Investment Property

    Three-unit property near Back Cove with income potential.

    9 Grasmere Road, Portland, ME 04101
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    Portland Multifamily Condo Opportunity
    $1,395,000
    3,849 SF

    Portland Multifamily Condo Opportunity

    Four condo units in premier West End location, 80% completed.

    126 Danforth Street, Portland, ME 04101
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    West End Triplex Opportunity
    $1,199,000
    2,784 SF

    West End Triplex Opportunity

    Well-maintained three-unit in Portland's West End.

    115 Clark Street, Portland, ME 04102
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    Fully Leased Munjoy Hill Investment
    $1,299,000
    3,304 SF

    Fully Leased Munjoy Hill Investment

    Four-unit property with partial Casco Bay views in Portland.

    6 - 8 Saint Lawrence Street, Portland, ME 04101
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    West End Income Property
    $990,000
    2,634 SF

    West End Income Property

    Charming two-unit property in Portland's West End.

    75 Carleton Street, Portland, ME 04102
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    Portland West End Multifamily Opportunity
    $1,224,000
    4,370 SF

    Portland West End Multifamily Opportunity

    Classic 4-unit building in Portland's desirable West End.

    52 Carleton Street, Portland, ME 04102
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    Portland Duplex with Attic Potential
    $625,000
    2,612 SF

    Portland Duplex with Attic Potential

    Investment opportunity: spacious units, attic potential, convenient location.

    605 Washington Avenue, Portland, ME 04103
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    Portland Triplex with Vacant Unit
    $799,000
    3,136 SF

    Portland Triplex with Vacant Unit

    Three-unit property in USM/Rosemont neighborhood with parking and yard.

    33 Payson Street, Portland, ME 04102
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    Historic Greek Revival Multifamily Residence
    $1,250,000
    3,260 SF

    Historic Greek Revival Multifamily Residence

    Stately Portland multifamily property in the heart of Old Port.

    68 Pleasant Street, Portland, ME 04101
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    East End Three-Unit Multifamily Property
    $1,195,000
    2,917 SF

    East End Three-Unit Multifamily Property

    Well-maintained three-unit property in Portland's East End.

    103 Monument Street, Portland, ME 04101
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    Redesigned Downtown Three-Unit Gem
    $1,800,000
    3,667 SF

    Redesigned Downtown Three-Unit Gem

    Historic charm blends with contemporary design in this three-unit property.

    123 Cumberland Avenue, Portland, ME 04101
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    Deering Neighborhood Two-Unit Multifamily Property
    $750,000
    2,424 SF

    Deering Neighborhood Two-Unit Multifamily Property

    Well-maintained two-unit property in desirable Portland neighborhood.

    31 Alba Street, Portland, ME 04103
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    Mixed-Use Investment Opportunity
    $1,499,000
    7,446 SF

    Mixed-Use Investment Opportunity

    Retail and residential units in a prime Portland location.

    671-675 Forest Avenue, Portland, ME 04103
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    Renovated Multifamily Property Near USM
    $894,000
    3,056 SF

    Renovated Multifamily Property Near USM

    Well-maintained investment property near USM and Maine Medical Center.

    14 Boynton Street, Portland, ME 04102
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    West End Four-Unit Multifamily Property
    $875,000
    2,360 SF

    West End Four-Unit Multifamily Property

    Four-unit building in Portland's West End near Maine Medical.

    315 Brackett Street, Portland, ME 04102
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    Portland Triplex in Prime Location
    $765,000
    2,764 SF

    Portland Triplex in Prime Location

    Well-maintained 3-unit building with strong rental potential.

    26 Presumpscot Street, Portland, ME 04103
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    Portland Peninsula Four-Unit Multifamily Building
    $970,000
    2,607 SF

    Portland Peninsula Four-Unit Multifamily Building

    Four-unit building in prime Portland location with investment potential.

    34 Deering Avenue, Portland, ME 04101
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    West End Triplex Opportunity
    $898,000
    2,413 SF

    West End Triplex Opportunity

    Three updated units in Portland's desirable West End.

    94 Emery Street, Portland, ME 04102
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    Updated Two-Unit Near Baxter Woods
    $950,000
    2,080 SF

    Updated Two-Unit Near Baxter Woods

    Updated two-unit property in desirable Deering Center location.

    155 Hartley Street, Portland, ME 04103
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    Portland West End Multifamily Quadplex
    $1,150,000
    3,500 SF

    Portland West End Multifamily Quadplex

    Four-unit property near Maine Medical Center with strong rental history.

    11 Russell Street, Portland, ME 04102
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    Well-Maintained 44-Unit Apartment Complex
    $9,999,500
    38,592 SF

    Well-Maintained 44-Unit Apartment Complex

    44-unit apartment complex on 3.8 acres in Portland, Maine.

    1390 Forest Avenue, Portland, ME 04103
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    Well-Maintained 44-Unit Apartment Complex
    $9,999,500
    39,592 SF

    Well-Maintained 44-Unit Apartment Complex

    44-unit apartment complex on 3.8 acres in Portland, Maine.

    1390 Forest Avenue, Portland, ME 04103
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    Portland, ME Multifamily Properties Investment Opportunities Market Analysis

    Explore 70 multifamily properties for sale in Portland, ME, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 241,613 square feet of properties for sale, with an estimated market value of $62,571,998.

    Sale prices for multifamily properties in Portland, ME start at $625,000, averaging $1,738,111, 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

    Apartment buildings 13
    Triplexes 11
    Duplexes 10
    Quadplexes 8
    Short term rental properties 2

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    04102 $1.1M
    04103 $2.1M
    04101 $2.2M

    Taxes & Financing

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

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