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    South Portland, ME Residential Income Properties for Sale

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    Portland, ME Falmouth, ME Cape Elizabeth, ME
    6 listings
    Turnkey Five-Unit Multifamily Property
    $1,395,000
    3,990 SF
    Turnkey Five-Unit Multifamily Property

    32 Clemons Street, South Portland, ME 04106

    Five-unit multifamily with recent capital improvements and separate owner-occupied residence with deck and outdoor amenities.
    • Five‑unit multifamily with one 2‑bedroom owner’s unit plus three 1‑bedroom apartments and one studio
    • Approximately 0.60 acres with a circular driveway, mature gardens, and green space
    • Owner‑occupied townhouse‑style layout features a porch, deck, and patio, plus one‑floor living and a private deck
    • Extensive capital improvements include roof, rebuilt front fire escape and deck system, and exterior improvements
    • Efficient natural gas heating with hot water provided via natural gas boiler; tenants pay their own electricity
    Updated: Jun 10
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    Three-Unit Triplex with 2-Car Garage
    $549,900
    2,096 SF
    Three-Unit Triplex with 2-Car Garage

    73 High Street, South Portland, ME 04106

    Rebuilt three-unit income property offers each unit as a one-bedroom with in-unit washer and dryer hookups.
    • 3‑unit building gutted back to the studs after freeze damage; work includes new roof, new windows, new electrical, and some new plumbing
    • Each unit is currently configured as a 1‑bedroom; 2 existing baths with plumbing already in place for a 3rd bath
    • In‑unit washer and dryer hookups available
    • 2‑car garage plus open, off‑street, and on‑street parking options
    • Public water and public sewer connected
    Updated: Jun 15
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    Updated Two-Unit Duplex
    $599,000
    2,323 SF
    Updated Two-Unit Duplex

    Updated duplex with two 3-bedroom units, flexible extra space, and off-street parking for each unit.

    134 - 136 Sawyer Street, South Portland, ME 04106

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    Side-by-Side Two-Unit Duplex
    $599,000
    2,270 SF
    Side-by-Side Two-Unit Duplex

    Two-unit side-by-side building with in-unit laundry, off-street parking, and a newer gas boiler.

    186 Front Street, South Portland, ME 04106

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    Mixed-Use Building with Office Suites
    $560,000
    4,370 SF
    Mixed-Use Building with Office Suites

    Multi-level property combines office space and a one-bedroom apartment for diversified commercial and residential use.

    854 Broadway, South Portland, ME 04106

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    Mixed-Use Office and Apartment
    $560,000
    0.23 Acres
    Mixed-Use Office and Apartment

    Mixed-use property with private offices and a 1-bedroom apartment, complemented by an in-building office layout.

    854 Broadway, South Portland, ME 04106

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 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.

    Partially Completed Four-Unit Residential
    $1,295,000
    3,849 SF
    Partially Completed Four-Unit Residential

    Partially completed four-unit multifamily with permits in place and four off-street parking spaces.

    126 Danforth Street, Portland, ME 04101

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    West End Triplex Opportunity
    $1,199,000
    2,784 SF
    West End Triplex Opportunity

    Well-maintained three-unit in Portland's West End.

    115 Clark Street, Portland, ME 04102

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    Historic Triplex with On-Site Laundry
    $884,000
    2,413 SF
    Historic Triplex with On-Site Laundry

    Three one-bedroom units in a circa-1866 New Englander, with on-site laundry and designated off-street tenant parking.

    94 Emery Street, Portland, ME 04102

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    Mixed-Use Investment Property For Sale
    $1,650,000
    8,172 SF
    Mixed-Use Investment Property For Sale

    Six-unit investment property with commercial and residential spaces.

    200 Brackett St & 54 Pine St, Portland, ME 4102

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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.

    Portland Buildable Lot Opportunity
    $475,000
    0.06 Acres
    Portland Buildable Lot Opportunity

    Buildable lot in Portland's peninsula with multi-unit development potential.

    20 Fox Street, Portland, ME 04101

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    Residential Land in Capisic/Rosemont
    $195,000
    0.14 Acres
    Residential Land in Capisic/Rosemont

    Expansive lot in Portland's desirable Capisic/Rosemont neighborhood.

    63 Capisic Street, Portland, ME 04102

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    Peaks Island Bluff Lot
    $325,000
    0.46 Acres
    Peaks Island Bluff Lot

    Residential land with bay views on Peaks Island.

    111 Spruce Avenue, Portland, ME 04108

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    Buildable Lot in South Portland
    $259,000
    0.17 Acres
    Buildable Lot in South Portland

    Residential land in a desirable South Portland location.

    107 Marcelle Avenue, South Portland, ME 04106

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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
    9,854 SF Lot: 0.69 Acres
    Value Estimation by Request

    280 Lincoln St, South Portland, ME 04106

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    South Portland, ME Residential Income Properties Market Trends and Statistics

    Explore 7 residential income properties for sale in South Portland, ME, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 15,049 square feet of properties for sale, with an estimated market value of $3,702,900.

    Sale prices for residential income properties in South Portland, ME start at $549,900, averaging $740,580, and reaching up to $1,395,000 — 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

    Multifamily properties 4
    Duplexes 2
    Single family properties 2
    Apartment buildings 1
    Triplexes 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 $573K

    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

    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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