Residential Income

Portland, ME Residential Income Properties for Sale

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South Portland, ME Cape Elizabeth, ME Falmouth, ME Scarborough, ME Cumberland, ME Chebeague Island, ME Westbrook, ME Gorham, ME
128 properties
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10-Unit Apartment Building
Updated: Sep 15
10-Unit Apartment Building

7 Huntress Street, Portland, ME 04102

$2,100,000
9,980 sqft 0.24 AC lot
10 apartments in a 9,980‑square‑foot building on 0.24 acres
R6 zoning; built in 1910
Nine parking spaces, including four garage bays
Two washers and two dryers; six apartments have keyless entry
Cast iron plumbing replaced with PVC; boiler serviced and membrane roof repaired
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Mixed-Use Two-Building Property
Updated: Oct 13
Mixed-Use Two-Building Property

9, 13-15 Waverly Street, Portland, ME 04103

$1,800,000
7,172 sqft 0.36 AC lot
Two‑building mixed‑use property totals 7,172 square feet on 0.36 acres
Office areas at 9 Waverly Street measure 1,733 square feet on each of the first two floors
Upper‑level apartment at 9 Waverly Street has two bedrooms
Townhouse‑style duplex built in 1987; each unit has two or three bedrooms and a third‑floor loft
Each duplex unit includes 1.5 baths and a full basement
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Mixed-Use Building with Roof Deck
Mixed-Use Building with Roof Deck

133 Free Street, Portland, ME 04101

$2,365,000
7,969 sqft 0.09 AC lot

Retail space with a full kitchen is paired with eight leased apartments and an unfinished attic.

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Mixed-Use Building Package
Mixed-Use Building Package

9,13-15 Waverly Street, Portland, ME 04103

$1,800,000
7,172 sqft

The portfolio combines commercial office space, residential apartments, and a townhouse-style duplex with separate utilities.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

133 Free Street, Portland, ME 04101

$2,365,000
7,969 sqft 0.09 AC lot

B-3 zoning accompanies a ground-floor retail space and residential units above.

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Four-Unit Apartment Building
Four-Unit Apartment Building

361 Woodford Street, Portland, ME 04103

$799,000
3,431 sqft 0.23 AC lot

R-C-zoned property with four one-bedroom apartments and off-street parking in Portland.

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Three-Unit Victorian Property
Three-Unit Victorian Property

583 Washington Avenue, Portland, ME 04103

$1,050,000
4,107 sqft 6,156.00 AC lot

Three three-bedroom apartments are complemented by off-street parking.

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3-Unit Multifamily with Parking
3-Unit Multifamily with Parking

583 Washington Ave Unit 3, Portland, ME 04103

$1,050,000
4,107 sqft

Each residence has three bedrooms, separate living and dining rooms, and an updated kitchen.

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Duplex with Private Outdoor Spaces
Duplex with Private Outdoor Spaces

106 Sherman Street, Portland, ME 04101

$830,000
2,535 sqft 0.04 AC lot

The two residences pair a garden and rooftop deck with distinct layouts, including an upper-level townhouse spanning two floors.

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Renovated Four-Unit Mixed-Use Property
Renovated Four-Unit Mixed-Use Property

69 Newbury Street, Portland, ME 04101

$2,100,000
4,438 sqft 0.04 AC lot

Three apartments accompany one commercial space in a wood-frame building with off-street parking.

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Triplex with Updated Kitchens
Triplex with Updated Kitchens

583 Washington Avenue 3, Portland, ME 04103

$1,050,000
4,107 sqft

Each apartment has three bedrooms, a living and dining room, a kitchen, pantry, and private storage.

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10-Unit Historic Apartment Buildings
10-Unit Historic Apartment Buildings

209-211 State Street, Portland, ME 04101

$2,390,000
11,000 sqft 0.18 AC lot

Two separately deeded masonry buildings with off-street parking and urban access near Longfellow Square.

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Two-Unit Ranch Duplex
Two-Unit Ranch Duplex

18-20 Dingley Court, Portland, ME 04103

$675,000
1,864 sqft 0.25 AC lot

Two distinct floor plans include a three-bedroom residence and a separate two-bedroom unit.

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Mixed-Use Property With Multifamily Building
Mixed-Use Property With Multifamily Building

819829 819-829 Forest Ave, Portland, ME 04103

$2,000,000
4,200 sqft

Two-building property combines storefront space, residential units, garages, and a fully paved, fenced parking area.

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Renovated Duplex with Garage
Renovated Duplex with Garage

850 Washington Avenue, Portland, ME 04103

$770,000
2,184 sqft 0.53 AC lot

Updated two-unit property with separate utilities, off-street parking, and substantial outdoor space.

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Two-Unit Property With Parking
Two-Unit Property With Parking

1148-1150 Forest Avenue, Portland, ME 04103

$699,000
2,136 sqft 0.09 AC lot

Tenant-occupied duplex in a Multi Use Commercial zone with public utilities and a paved off-street parking area.

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Mixed-Use Building with Roof Deck
Mixed-Use Building with Roof Deck

133 Free Street, Portland, ME 04101

$2,365,000
7,969 sqft

Restaurant-oriented retail space with a full kitchen occupies the lower level beneath eight leased apartments.

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Colonial Apartment Building
Colonial Apartment Building

146 Sherman Street, Portland, ME 04101

$1,319,000
5,650 sqft 0.10 AC lot

Wood-frame multifamily property with public utilities, off-street parking, and a flexible mix of interior finishes.

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Duplex with Off-Street Parking
Duplex with Off-Street Parking

1148-1150 Forest Ave, Portland, ME 04103

$699,000
2,136 sqft

Tenant-occupied duplex in a Multi-Use Commercial zone with basement storage and laundry.

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Three-Unit Triplex with Loft Spaces
Three-Unit Triplex with Loft Spaces

115 Clark Street, Portland, ME 04102

$1,099,000
2,784 sqft 0.07 AC lot

Shared laundry and outdoor decks provide common amenities for the residences.

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Three-Unit Triple-Decker
Three-Unit Triple-Decker

583 Washington Ave, Portland, ME 04103

$1,050,000
4,107 sqft

Three-bedroom apartments, on-site laundry, and off-street parking support the building’s residential configuration.

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Triplex with Private Laundry
Triplex with Private Laundry

19-21 Linden Street, Portland, ME 04103

$825,000
2,982 sqft 0.11 AC lot

Three separate residences offer individual laundry, utility metering, natural gas service, and access to shared porch space.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

69 Newbury St, Portland, ME 04101

$2,250,000
4,438 sqft

Four-unit configuration includes three apartments and a commercial space in Portland’s East End.

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Renovated Triplex with Patio
Renovated Triplex with Patio

12 North Street, Portland, ME 04101

$1,122,000
2,557 sqft 0.08 AC lot

Three-unit residential property with updated interiors, shared outdoor space, and off-street parking.

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Portland, ME Residential Income Properties Market Trends and Statistics

Explore 128 residential income properties for sale in Portland, ME, showcased through 128 active listings on our real estate platform. These investment opportunities span a total of 588,307 square feet of properties for sale, with an estimated market value of $160,476,097.

Sale prices for residential investment properties in Portland, ME start at $350,000, averaging $1,273,619, and reaching up to $9,999,500 — 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

Multifamily properties 120
Duplexes 47
Triplexes 36
Apartment buildings 22
Quadplexes 8

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
South Portland - 04106 $574K
Portland - 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

Office

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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