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A classic Portland triple decker in the East Deering neighborhood, offering a rare dual opportunity: strong rental income for investors, or immediate move-in potential for owner-occupants (second floor has been left vacant) looking to offset their mortgage with rental income. The numbers: a strong existing rent roll of $8,240 per month, plus coin-operated laundry income of $1k per year, with 11 off-street parking spaces on site "” a major advantage in Portland. Built in 1900 and spanning 4,107 total square feet, all three units share an unusually generous layout, each with three bedrooms, one bathroom, a living room, dining room, kitchen, pantry, private storage, and outdoor porches for 2 of the units "” giving tenants comfortable, functional living space that's increasingly hard to find. Hardwood floors run throughout, and updated kitchens add lasting value across all three units. The building has been well maintained, with all major systems "” including the roof and complete building rewiring "” updated and/or in good working order, offering real peace of mind for the next owner. Location is a standout, just minutes from I-295 and downtown with a bus stop close by for easy commuting. Back Cove's scenic running trail and the new Roux Institute campus are both within walking distance, putting green space and everyday amenities right at your doorstep. Whether you're an investor seeking dependable cash flow or a buyer ready to live in one unit while tenants help cover the mortgage, this classic triple decker delivers on both fronts.
Property Type(s):
Multi Family
| Last Updated | 9/25/2026 | Tract | NA |
|---|---|---|---|
| Year Built | 1900 | Community | NA |
| County | Cumberland |
Additional Details
| AIR | None |
|---|---|
| BASEMENT | Exterior Entry, Finished, Full, Interior Entry, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Oil, Steam |
| INTERIOR | Pantry, Storage |
| LOT | 6156 acre(s) |
| LOT DESCRIPTION | Landscaped, Near Public Transit |
| LOT DIMENSIONS | 6156.0 |
| MLS STATUS | Active |
| PARKING | Paved |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Victorian |
| SUBDIVISION | NA |
| TAXES | 10897 |
| UTILITIES | Natural Gas Not Available, Cable Available |
| WATER | Public |
Listing provided by Coldwell Banker Realty, 207-773-1990
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.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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