146 Sherman Street, Portland, ME 04101 (MLS # 1668085)

Price $1,319,000
Status Active
Beds 0
Baths 6 Baths
Home size 5,650 sqft
Lot Size 4,356 sqft
Prime 5-unit multifamily investment opportunity in Portland's desirable West End in Parkside. Featuring four 2-bedroom units and two 1-bedroom units, this income-producing property offers excellent tenant demand, and future upside potential. The current owner has offered the units to his employees at a discounted rental rate. Owner initiated process to legalize 6th unit with fire escape addition but was unable to resolve with the city. The property had a safety inspection completed by the city with the third floor broken up into two, two-bedroom units instead of one combined four-bedroom unit. Conveniently located minutes from Downtown Portland, Maine Medical Center, restaurants, shops, and public transportation. A rare opportunity to acquire a well-located multifamily asset. Group showings: Tuesday, June 23rd at 10am - 11:30am Thursday, June 25th at 12pm - 1:00pm All showings after group showings will be by appointment only. Allow at least 24 hours to notify tenants.
Property Type(s): Multi Family
Last Updated 6/19/2026 Year Built 1910
County Cumberland

Additional Details

AIR None
APPLIANCES Water Heater
BASEMENT Full, Interior Entry, Unfinished, Yes
CONSTRUCTION Frame, Vinyl Siding
HEAT Baseboard, Forced Air, Hot Water, Radiant, Zoned
LOT 4356 sq ft
LOT DESCRIPTION Corner Lot, Open Lot, Rolling Slope
LOT DIMENSIONS 0.1
MLS STATUS Active
PARKING None, Off Street
SEWER Public Sewer
STYLE Colonial
TAXES 12664
UTILITIES Natural Gas Available
WATER Public
Listing provided by EXP Realty

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