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Positioned in Portland's desirable Parkside Neighborhood, 142 Sherman Street is a fully occupied four-unit investment property offering stable in-place income in one of the city's most sought-after residential neighborhoods. The property benefits from a walkable location just minutes from downtown, the Peninsula, and major commuter routes. The building features a functional unit mix with consistent occupancy, supported by strong rental demand in the surrounding area. The property has been well maintained and improved over time, with a series of updates to both unit interiors and key building systems, contributing to overall efficiency, condition, and long-term reliability. Tenants enjoy convenient access to local shops, restaurants, and services, supporting strong retention and continued demand.
Property Type(s):
Multi Family
| Last Updated | 5/11/2026 | Year Built | 1889 |
|---|---|---|---|
| County | Cumberland |
Additional Details
| AIR | None |
|---|---|
| BASEMENT | Daylight, Finished, Full, Interior Entry, Yes |
| CONSTRUCTION | Frame |
| HEAT | Baseboard, Hot Water |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Other |
| LOT DIMENSIONS | 0.12 |
| MLS STATUS | Active |
| PARKING | Paved |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 8770.56 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
Listing provided by The Dunham Group
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
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IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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