Portland, ME Triplexes for Sale

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South Portland, ME Cape Elizabeth, ME New Portland, ME Chebeague Island, ME Falmouth, ME Scarborough, ME Westbrook, ME Gorham, ME

19 properties

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Updated: May 28

SRO Conversion Opportunity

1135 Washington Avenue, Portland, ME 04103

$750,000

3,532 sqft

Built in 1966
Existing 11‑room SRO layout can support group home use
Potential to convert into a two- to three‑unit apartment configuration

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This listing looks promising.

Here's a quick look at some key insights for

1135 Washington Avenue, Portland, ME 04103

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Est. Cap Rate

8.3%
Above avg (5.9%)
Est. NOI

$62K
Annual
Price @ 7% Cap

$892K
Above asking

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Updated: Jul 7

Three-Unit Residential Income Property

325 Woodford Street, Portland, ME 04103

$948,000

3,067 sqft 0.23 AC lot

3‑unit building in the Deering Center neighborhood of Portland, built in 1897
Hardwood and other mixed flooring throughout, including wood, vinyl, tile, and hardwood
Multiple heating sources including natural gas and electric heat, with baseboard and steam systems
Remodeled kitchen on the first floor plus exposed beams on the upper level
Outdoor space includes a deck and a porch; off‑street parking available

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Three-Unit Multifamily with Garage

268 Concord Street W, Portland, ME 04103

$917,500

3,688 sqft 0.22 AC lot

Well-maintained three-unit income property with finished space for a potential fourth unit and off-street parking.

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Three-Unit Double-Lot Residential Building

47 Frederic Street, Portland, ME 04102

$949,000

3,570 sqft 0.22 AC lot

Three-unit income property on a double lot with a yard and development potential.

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Renovated Triplex Near Major Employers

14 Boynton Street, Portland, ME 04102

$748,000

3,056 sqft 0.10 AC lot

For-sale triplex with renovated first and third floor units and ample on- and off-street parking.

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Three-Unit Multifamily with Porches

15 Longfellow Street, Portland, ME 04103

$949,000

3,502 sqft 0.18 AC lot

Well-configured three-unit property with upgraded kitchens, porches, and a detached two-car garage.

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West End Triplex Opportunity

115 Clark Street, Portland, ME 04102

$1,199,000

2,784 sqft 0.07 AC lot

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

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Redesigned Downtown Three-Unit Gem

123 Cumberland Avenue, Portland, ME 04101

$1,800,000

3,667 sqft 0.11 AC lot

Historic charm blends with contemporary design in this three-unit property.

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East End Three-Unit Multifamily Property

103 Monument Street, Portland, ME 04101

$1,195,000

2,917 sqft 0.07 AC lot

Well-maintained three-unit property in Portland's East End.

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Three-Unit Property with Private Decks

31 Bates Street, Portland, ME 04103

$1,395,000

2,393 sqft 0.16 AC lot

Three-unit triplex with decks and views of Back Cove, plus dedicated basement storage, laundry, and parking/garage.

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Triplex with Off-Street Parking

94 Emery Street, Portland, ME 04102

$869,000

2,413 sqft 0.07 AC lot

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

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Three-Unit Residential Building with Decks

33 O'Brion Street, Portland, ME 04101

$1,210,000

3,584 sqft 0.07 AC lot

Well-updated three-unit property in R6 zoning with private outdoor decks and a side yard for added flexibility.

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Portland Triplex Renovation Opportunity

6 Horton Place, Portland, ME 04102

$650,000

3,636 sqft 0.05 AC lot

Three-unit property in Portland, Maine, ready for complete renovation.

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Three-Unit Residential Income Property

438-440 St. John, Portland, ME 04102

$860,000

3,610 sqft 0.12 AC lot

Three three-bedroom units on one lot with off-street parking and a fully occupied rental history.

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Redesigned Downtown Three-Unit Gem

123 Cumberland Avenue, Portland, ME 04101

$1,800,000

3,667 sqft

Historic charm blends with contemporary design in this three-unit property.

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3-Unit Multifamily Residence

15 Longfellow Street, Portland, ME 04103

$949,000

3,502 sqft

Three-unit residential income property with covered front porch and detached two-car garage for parking and storage.

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Triplex with Garage and Backyard

268 Concord Street W, Portland, ME 04103

$917,500

3,688 sqft

Well-maintained triplex with off-street parking, a garage, and spacious backyard, plus finished space that may support a fourth unit.

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Three-Unit Residential Income Property

94 Emery Street, Portland, ME 04102

$871,500

2,413 sqft

Three one-bedroom units in a multi-level New Englander with on-site laundry and off-street designated parking for tenants.

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Renovation Triplex Investment

6 Horton Place, Portland, ME 04102

$650,000

3,636 sqft

Three-unit triplex offered as a renovation project after water damage, providing a full interior reset for the next owner.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Portland, ME

Portland, ME Triplexes Market Trends and Statistics

Explore 19 triplexes for sale in Portland, ME, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 62,325 square feet of properties for sale, with an estimated market value of $19,627,500.

Sale prices for three-family homes in Portland, ME start at $650,000, averaging $1,033,026, and reaching up to $1,800,000 — 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

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	$878.4K
04103	$952.1K
04101	$1.5M

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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