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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 Westbrook, ME Falmouth, ME Gorham, ME Old Orchard Beach, ME
    Updated Two-Unit Duplex
    Updated: Jul 10
    Updated Two-Unit Duplex

    134 - 136 Sawyer Street, South Portland, ME 04106

    $599,000
    2,323 sqft 0.11 AC lot
    Updated 2‑unit property at 134‑136 Sawyer Street, designed for owner‑occupy or rental use
    Each unit offers 3 bedrooms plus additional flexible space for an office, guest room, workout area, or extra storage
    Off‑street parking for each unit, plus on‑street and assigned parking options
    Public water and public sewer service
    Heating includes heat pump, baseboard, electric, and natural gas; cooling includes heat pump and wall units
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    This listing looks promising.

    Here's a quick look at some key insights for

    134 - 136 Sawyer Street, South Portland, ME 04106

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $41K
      Annual

    • Price @ 7% Cap

      $586K
      Suggested

    • Property Type

      Duplex
      Built 1830
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    Five-Unit Multifamily with Owner Deck
    Updated: May 25
    Five-Unit Multifamily with Owner Deck

    32 Clemons Street, South Portland, ME 04106

    $1,100,000
    3,990 sqft 0.60 AC lot
    Five‑unit multifamily built in 1930 on ~0.60 acres
    Unit mix: three 1‑bedroom units, one studio unit, and a spacious 2‑bedroom owner unit
    ~$88,000 net operating income and a 6.4% cap rate (per listing)
    Extensive capital improvements include roofing, rebuilt front fire escape and deck system, and electrical upgrades
    Efficient natural gas heating system; tenants pay their own electricity, while owner provides heat and hot water via natural gas boiler
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    Updated Two-Unit Duplex with Parking
    Updated Two-Unit Duplex with Parking

    134 - 136 Sawyer Street, South Portland, ME 04106

    $599,000
    2,323 sqft

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

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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 4 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.

    Permitted Quadplex Conversion
    Permitted Quadplex Conversion

    126 Danforth Street, Portland, ME 04101

    $1,195,000
    3,849 sqft 0.11 AC lot

    Four-unit project with permits in place and interior systems substantially completed, plus four off-street parking spaces.

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    Historic Quadplex Residence
    Historic Quadplex Residence

    68 Pleasant Street, Portland, ME 04101

    $1,250,000
    3,260 sqft

    Historic Greek Revival brick building with four one-bedroom, one-bath residences and a private courtyard entrance.

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    Quadplex Conversion Opportunity
    Quadplex Conversion Opportunity

    126 Danforth Street, Portland, ME 04101

    $1,195,000
    3,849 sqft

    Four-unit property is roughly 80% complete with permits in place and a paved parking lot with four spaces.

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    Mixed-Use Investment Property For Sale
    Mixed-Use Investment Property For Sale

    200 Brackett St & 54 Pine St, Portland, ME 04102

    Contact for pricing
    8,172 sqft

    Six-unit investment property with commercial and residential spaces.

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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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    Augusta Land For Sale
    Augusta Land For Sale

    Map 15 Lot 6C Spring Road, Augusta, ME 04330

    $99,000
    14.63 AC lot

    14.63 acre lot in Augusta's Rural Village Zoning.

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    Augusta Buildable Lot For Sale
    Augusta Buildable Lot For Sale

    214 Mount Vernon Avenue, Augusta, ME 04330

    $49,900
    0.36 AC lot

    0.36 acre lot with public utilities, mobile homes allowed.

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    Residential Development Land with Ranch
    Residential Development Land with Ranch

    358 Roller Coaster Road, Laconia, NH 03246

    $1,195,000
    40.59 AC lot

    Surveyed for future subdivision of multiple home lots, with a 1998 2-bed, 2-bath ranch on site.

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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

    Value Estimation by Request
    9,854 sqft 0.69 AC lot
    View details

    South Portland, ME Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in South Portland, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,636 square feet of properties for sale, with an estimated market value of $2,298,000.

    Sale prices for multifamily properties in South Portland, ME start at $599,000, averaging $766,000, and reaching up to $1,100,000 — 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 2
    Apartment buildings 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 $724.5K

    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

    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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