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    South Portland, ME
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    South Portland, ME Multifamily Properties for Sale

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    Portland, ME Cape Elizabeth, ME Scarborough, ME New Portland, ME Falmouth, ME Westbrook, ME Gorham, ME Cumberland, ME
    7 properties
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    Two-Unit Duplex with Additional Building
    Updated: Sep 4
    Two-Unit Duplex with Additional Building

    449 Main Street, South Portland, ME 04106

    $549,900
    2,696 sqft 0.14 AC lot
    Two residential units in a 2,696‑square‑foot duplex
    Additional building formerly used as a restaurant
    0.14‑acre corner lot at 449 Main Street
    Residential Zone A zoning
    Two‑bedroom first‑floor unit with recent updates
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    Three-Unit Triplex with Basement
    Updated: Aug 3
    Three-Unit Triplex with Basement

    532 Main Street, South Portland, ME 04106

    $849,000
    2,832 sqft 0.13 AC lot
    Three‑unit residential property with six bedrooms and three bathrooms
    2,832 square feet of property size on a 0.13‑acre lot
    Fully rented at the time of listing
    Wood‑frame construction with vinyl siding and a shingle roof
    Built in 1910 with basement space
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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    134 - 136 Sawyer Street, South Portland, ME 04106

    $574,000
    2,323 sqft 0.11 AC lot

    VR-zoned property with assigned and off-street parking serving both residences.

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    See what stands out in Cumberland County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Corner-Lot Duplex with Commercial Space
    Corner-Lot Duplex with Commercial Space

    449 Main Street, South Portland, ME 04106

    $549,900
    2,696 sqft

    Two residential units are paired with an adjacent former restaurant building that may support redevelopment subject to required approvals.

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    Renovated Two-Unit Duplex
    Renovated Two-Unit Duplex

    134-136 Sawyer Street, South Portland, ME 04106

    $574,000
    2,323 sqft

    Recently updated property with private driveways, a fenced yard, and walkable access to the Greenbelt Trail.

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    Updated Two-Unit Duplex with Parking
    Updated Two-Unit Duplex with Parking

    134 - 136 Sawyer Street, South Portland, ME 04106

    $574,000
    2,323 sqft

    Updated duplex with two units, each featuring 3 bedrooms, flexible extra space, and off-street parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Three-Unit Residential Triplex
    Three-Unit Residential Triplex

    532 Main Street, South Portland, ME 04106

    $849,000
    2,832 sqft

    Fully rented residential property with a three-unit configuration and established rental occupancy.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 7 Active listings in South Portland, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Triplex Property
    Renovated Triplex Property

    481 Danforth Street, Portland, ME 04102

    $827,000
    1,901 sqft 0.15 AC lot

    Upper-level residences feature modern finishes, natural light, water views, and private decks near Portland amenities.

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    Historic Three-Unit Triplex
    Historic Three-Unit Triplex

    94 Emery Street, Portland, ME 04102

    $819,000
    2,413 sqft 0.07 AC lot

    Three one-bedroom apartments with on-site laundry and designated off-street parking for residents.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    94 Pleasant Avenue, Portland, ME 04103

    $1,499,900
    3,846 sqft

    Owner-occupant layout with a three-bedroom, two-bath first-floor apartment and tenant-paid heat and hot water.

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    Renovated Duplex with Decks
    Renovated Duplex with Decks

    481 Danforth Street, Portland, ME 04102

    $827,000
    1,901 sqft

    Classic New Englander renovated throughout, currently a two-unit property with outdoor decks and separate utilities.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Land in Gorham, Maine
    Wooded Land in Gorham, Maine

    30 Boreal Drive, Gorham, ME 04038

    $425,000
    5.46 AC lot

    5+ acre wooded parcel near Gorham's downtown.

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    Off-Market Properties in South Portland, ME

    Consider similar Off-Market properties in South Portland, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    280 Lincoln St
    Multifamily properties

    280 Lincoln St, South Portland, ME 04106

    Estimated value:
    by Request
    9,854 sqft 0.69 AC lot
    View details

    South Portland, ME Multifamily Properties Market Trends and Statistics

    Explore 8 multifamily properties for sale in South Portland, ME, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 18,025 square feet of properties for sale, with an estimated market value of $4,519,800.

    Sale prices for multifamily properties in South Portland, ME start at $549,900, averaging $645,685, and reaching up to $849,000 — 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 5
    Triplexes 2

    Demographics Overview

    Population 27K
    Population Growth (5Y) +4.4%
    Median Household Income $83,744
    College Educated 33.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04106 $679.2K

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $23.17 per SF
    Tax Rate vs County Average 0.10 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 South Portland fall within the 100,000+ square foot range.

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