Triplex

South Portland, ME Triplexes for Sale

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Portland, ME Cape Elizabeth, ME Scarborough, ME New Portland, ME Falmouth, ME Westbrook, ME Gorham, ME Cumberland, ME
Three-Unit Triplex with Basement
Updated: Aug 3
Three-Unit Triplex with Basement

532 Main Street, South Portland, ME 04106

$849,000
2,832 sqft 0.13 AC lot
Three‑unit residential property with six bedrooms and three bathrooms
2,832 square feet of property size on a 0.13‑acre lot
Fully rented at the time of listing
Wood‑frame construction with vinyl siding and a shingle roof
Built in 1910 with basement space
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Three-Unit Residential Triplex
Updated: Jul 30
Three-Unit Residential Triplex

532 Main Street, South Portland, ME 04106

$849,000
2,832 sqft
Three‑unit residential triplex
2,832 square feet of property size
Six bedrooms and three baths
All three units are fully rented
Built in 1910
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Triplex with Double Lot
Triplex with Double Lot

47 Frederic Street, Portland, ME 04102

$949,000
3,570 sqft 0.22 AC lot

Three-unit property offered vacant at sale, with public water and sewer service.

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Updated Triplex Property
Updated Triplex Property

481 Danforth Street, Portland, ME 04102

$827,000
1,901 sqft 0.15 AC lot

RN-2 zoning, separate utilities, and public water and sewer serve this Portland multifamily property.

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Historic Three-Unit Triplex
Historic Three-Unit Triplex

94 Emery Street, Portland, ME 04102

$809,000
2,413 sqft 0.07 AC lot

Three one-bedroom apartments with on-site laundry and designated off-street parking for residents.

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Three-Unit Residential Income Building
Three-Unit Residential Income Building

47 Frederic Street, Portland, ME 04102

$949,000
3,570 sqft

Three-unit building on a double lot in Portland, offered as a package, with units unoccupied at sale.

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South Portland, ME Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in South Portland, ME on our real estate platform. These investment opportunities span a total of 5,664 square feet of properties for sale, with an estimated market value of $1,698,000.

Sale prices for three-family homes in South Portland, ME average $849,000 — 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 5
Triplexes 2

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 $849K

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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