438-440 St. John Street, Portland, ME 04102 (MLS # 1661478)

This three-unit property near USM offers opportunity and flexibility. A detached single-family home and a duplex on one lot, create a range of possibilities for investors, owner-occupants, and multi-generational living arrangements alike. Each of the three units offers a three-bedroom layout, providing comfortable living spaces that continue to attract strong tenant demand. The property is currently fully occupied with a proven rental history, offering immediate income for investors while presenting future opportunities for an owner-occupant seeking to offset housing costs with rental revenue. Off-street parking adds significant value and convenience, while the highly walkable location places residents just minutes from USM, Hadlock Field, The Expo, Deering Oaks Park, downtown Portland, local restaurants, shopping, and public transportation. Well maintained over the years, the property offers a solid foundation with potential for future value enhancement through cosmetic exterior improvements. Whether you're looking to grow your investment portfolio, establish a foothold in Portland's competitive housing market, or enjoy the benefits of owner-occupied multi-family living, 438-440 St. John Street presents a rare opportunity in a sought-after location.

Last Updated	5/10/2026	Year Built	1900
County	Cumberland

Additional Details

AIR	None
BASEMENT	Interior Entry, Unfinished, Yes
CONSTRUCTION	Frame, Wood Siding
HEAT	Hot Water, Oil
LOT	5227 sq ft
LOT DESCRIPTION	Level
LOT DIMENSIONS	0.12
MLS STATUS	Active
PARKING	Common, Paved
SEWER	Public Sewer
STYLE	Other
TAXES	9829
UTILITIES	Natural Gas Not Available
WATER	Public

Location

 

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