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Mixed-use investment opportunity in Portland's desirable East End, an area that continues to see strong growth and investment. This four-unit property features three residential apartments and one commercial space, offering a combination of strong rental income, flexibility, and long-term value. The residential units include a completely renovated 2-bedroom, 1-bathroom apartment with a bonus room, a 2-bedroom, 1-bathroom apartment, and a renovated 3-bedroom, 2-bathroom apartment. Extensive capital improvements include a new roof (2023), new siding, new windows, three new heat pumps, updated plumbing and electrical systems, renovated kitchens and bathrooms, and substantial improvements to the commercial space. The commercial unit offers a versatile blank canvas with several approved uses, including food & beverage, office, retail, and more, with a renovated shell ready for customization. This flexible commercial component offers an opportunity to tailor the space to a variety of uses while complementing the property's existing residential income. Steps from the Roux Institute, Eastern Promenade, East End Beach, the Old Port, Portland's waterfront, and countless restaurants, breweries, coffee shops, and local retail shops. This is a rare opportunity to acquire a well-improved mixed-use asset in a growing Portland neighborhood with strong fundamentals and continued upside. Showings by appointment only. Please allow a minimum of 48 hours' notice. Please see the attached list of capital improvements for a summary of recent renovations and upgrades.
Property Type(s):
Multi Family
| Last Updated | 10/13/2026 | Year Built | 1905 |
|---|---|---|---|
| County | Cumberland |
Additional Details
| AIR | Heat Pump, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Exterior Entry, Walk-Out Access, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Baseboard, Electric, Heat Pump, Hot Water, Oil |
| LOT | 1742 sq ft |
| LOT DESCRIPTION | Level, Near Public Transit |
| LOT DIMENSIONS | 0.04 |
| MLS STATUS | Active |
| PARKING | None, Off Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Other |
| TAXES | 9946 |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATER ACCESS | Portland Harbor |
Listing provided by Harborview Properties, Inc.
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.
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IDX data provided by Market Leader, courtesy of Maine Listings.
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