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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 Falmouth, ME Westbrook, ME Gorham, ME Cumberland, ME Windham, ME
    11 properties
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    Duplex with Separate Two-Bedroom ADU
    Updated: Oct 14
    Duplex with Separate Two-Bedroom ADU

    1309 Broadway, South Portland, ME 04106

    $799,000
    3,468 sqft 0.29 AC lot
    Separate two‑bedroom ADU with private entrance, kitchen, living room, and full bath
    3,468 square feet on a 0.29‑acre lot
    Main residence includes a first‑floor bedroom and upstairs primary suite with private bath, walk‑in closet, and balcony
    Finished basement and heated sunroom
    Heated two‑car garage and backyard deck
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    2-Unit Duplex with Fenced Yard
    Updated: Oct 21
    2-Unit Duplex with Fenced Yard

    80 Jordan Avenue, South Portland, ME 04106

    $649,000
    1,260 sqft 0.20 AC lot
    Two apartments, each with 2 bedrooms and 1 bathroom
    1,260 square feet of building area on a 0.2‑acre lot
    Individually metered utilities
    Fenced yard, patio, and elevated deck
    Off‑street parking
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    Three-Unit Triplex with Basement
    Three-Unit Triplex with Basement

    532 Main Street, South Portland, ME 04106

    $849,000
    2,832 sqft 0.13 AC lot

    Fully leased residential property with public water and sewer service.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Duplex with Two-Bedroom ADU
    Duplex with Two-Bedroom ADU

    1309 Broadway, South Portland, ME 04106

    $799,000
    3,468 sqft

    A separate living space has its own entrance, kitchen, living room, and full bath.

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    Two-Unit Duplex with Additional Building
    Two-Unit Duplex with Additional Building

    449 Main Street, South Portland, ME 04106

    $499,000
    2,696 sqft 0.14 AC lot

    Corner-lot property with two residential units, a second building, and both off-street and on-street parking.

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    2-Unit Duplex with Fenced Yard
    2-Unit Duplex with Fenced Yard

    80 Jordan Ave, South Portland, ME 04106

    $649,000
    1,260 sqft

    Separate utility meters and off-street parking support practical operation across the two residences.

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    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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    Corner-Lot Duplex with Commercial Space
    Corner-Lot Duplex with Commercial Space

    449 Main Street, South Portland, ME 04106

    $499,000
    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 4-Unit Multifamily Property
    Renovated 4-Unit Multifamily Property

    238 Preble Street, South Portland, ME 04106

    $1,195,000
    3,812 sqft

    Three residences have updated kitchens, bathrooms, flooring, and finishes; all four units contain two bedrooms and one bathroom.

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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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    Two-Unit Duplex
    Two-Unit Duplex

    96 Davis St, South Portland, ME 04106

    $399,000
    3,238 sqft 0.22 AC lot

    Substantial rehabilitation is required to restore the existing two-unit layout or pursue a different configuration.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 11 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.

    Triplex with On-Site Laundry
    Triplex with On-Site Laundry

    94 Emery Street, Portland, ME 04102

    $775,000
    2,413 sqft 0.07 AC lot

    Three one-bedroom units share a building with tenant laundry and off-street parking.

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    Updated Triplex Property
    Updated Triplex Property

    481 Danforth Street, Portland, ME 04102

    $799,000
    1,901 sqft 0.15 AC lot

    RN-2 zoning, separate utilities, and public water and sewer serve this Portland multifamily property.

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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

    $799,000
    1,901 sqft

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

    View details

    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 12 multifamily properties for sale in South Portland, ME, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 29,885 square feet of properties for sale, with an estimated market value of $7,760,000.

    Sale prices for multifamily properties in South Portland, ME start at $399,000, averaging $705,454, and reaching up to $1,195,000 — 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 8
    Triplexes 2
    Quadplexes 1

    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 $638.4K

    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.

    How Realmo verifies these figures

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