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    Portland, ME
    Quadplex

    Portland, ME Quadplexes for Sale

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    Cape Elizabeth, ME South Portland, ME New Portland, ME Falmouth, ME Scarborough, ME Chebeague Island, ME Westbrook, ME Gorham, ME
    Permitted Quadplex Conversion
    Updated: Jul 8
    Permitted Quadplex Conversion

    126 Danforth Street, Portland, ME 04101

    $1,195,000
    3,849 sqft 0.11 AC lot
    80% completed four‑unit condo‑quality conversion at 126 Danforth St (left‑hand side of building for sale)
    Permits in place with condominium document draft available to new owners
    New plumbing, electrical, sprinkler system, windows, exterior pointing, rear decks, rockwool insulation, and drywall
    Three units include bonus rooms with bathrooms on the lower level for potential office or additional bedrooms
    Includes paved parking lot with four spaces
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    This listing looks promising.

    Here's a quick look at some key insights for

    126 Danforth Street, Portland, ME 04101

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $68K
      Annual

    • Price @ 7% Cap

      $972K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1900
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    Four-Unit Residential Property with Outdoor Space
    Updated: Jun 24
    Four-Unit Residential Property with Outdoor Space

    224 Valley Street, Portland, ME 04102

    $985,000
    2,911 sqft 0.11 AC lot
    Four‑unit property with two 1‑bedroom, 1‑bath units and two 3‑bedroom, 1‑bath units
    New roof installed in 2025 and new natural gas boiler installed in 2024
    Each unit includes private outdoor space with deck or balcony access
    Large in‑town lot with ample off‑street parking and off‑street parking available
    Public utilities: public water and public sewer; natural gas heat and hot water heating
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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    315 Brackett Street, Portland, ME 04102

    $824,900
    2,360 sqft

    Four-unit building with a vacant first-floor unit, providing flexibility for owner occupancy or immediate rental.

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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Portland, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Four-Unit Multifamily with New Construction
    Four-Unit Multifamily with New Construction

    1159 Pequawket Trail, Standish, ME 04085

    $1,260,000
    4,896 sqft 2.50 AC lot

    Four-unit property built in 2023 with separate utilities, gas-fired heat pumps with AC, and fire protection systems in place.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    1159 Pequawket Trail, Standish, ME 04085

    $1,260,000
    4,896 sqft 2.00 AC lot

    Four-unit property built in 2023 with individual utilities, plus a three-bay garage built in 2017.

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    Fully Updated Quadplex with Updated Systems
    Fully Updated Quadplex with Updated Systems

    15 South Street, Freeport, ME 04032

    $1,195,000
    3,900 sqft

    Four fully updated units include separate utilities, off-street parking, and washer/dryer access with a spacious backyard.

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    Meticulously Maintained Freeport Quadplex
    Meticulously Maintained Freeport Quadplex

    15 South Freeport Road, Freeport, ME 04032

    Contact for pricing
    3,900 sqft

    Well-maintained 3,900+ SF quadplex with a 13.5% cap rate.

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    Portland, ME Quadplexes Market Trends and Statistics

    Explore 5 quadplexes for sale in Portland, ME, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,229 square feet of properties for sale, with an estimated market value of $5,449,900.

    Sale prices for four-unit buildings in Portland, ME start at $824,900, averaging $1,089,980, and reaching up to $1,250,000 — 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

    Triplexes 28
    Duplexes 24
    Apartment buildings 19
    Quadplexes 5
    Short term rental properties 5

    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 $1.1M
    04101 $1.3M

    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

    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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    Most Searched ZIP Codes in Portland, ME

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    • 04102

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