Quadplex

South Portland, ME Quadplexes for Sale

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Portland, ME Cape Elizabeth, ME Scarborough, ME Falmouth, ME Westbrook, ME Gorham, ME Cumberland, ME Old Orchard Beach, ME
Renovated 4-Unit Multifamily Property
Updated: May 8
Renovated 4-Unit Multifamily Property

238 Preble Street, South Portland, ME 04106

$1,195,000
3,812 sqft
Four units, each with 2 bedrooms and 1 bathroom
3,812 square feet; built in 1970
Three units renovated with kitchen, bath, flooring, and finish updates
Zoned G
Located in the Willard Beach neighborhood near Willard Beach and Willard Square
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in South 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.

4-Unit Quadplex
4-Unit Quadplex

3 Saint Marys Street, Biddeford, ME 04005

$589,000
1,788 sqft 0.07 AC lot

Four one-bedroom residences have natural-gas hot-water heat and individual water heaters.

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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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Four-Unit Quadplex with Decks
Four-Unit Quadplex with Decks

224 Valley St, Portland, ME 04102

$985,000
2,911 sqft

Four apartments offer a flexible unit mix, private outdoor areas, coin-operated laundry, and off-street parking.

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4-Unit Apartment Building
4-Unit Apartment Building

3 Saint Marys St, Biddeford, ME 04005

$589,000
1,788 sqft

The property includes four one-bedroom units and a first-floor vacancy for occupancy or leasing.

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South Portland, ME Quadplexes Market Trends and Statistics

Explore 1 quadplexes for sale in South Portland, ME on our real estate platform. These investment opportunities span a total of 3,812 square feet of properties for sale, with an estimated market value of $1,195,000.

Sale prices for four-unit buildings in South Portland, ME average $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 7
Triplexes 2

Demographics Overview

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

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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