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Portland, ME Multifamily Homes & Duplexes for Sale

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  • /71

    $1,050,000

    • 4.5 Baths
    • 3,104 Sq Ft

    207 State St, Portland, ME 04101

    Location! Location! Location! Just a few steps and you are in the middle of Longfellow Square and Portland's dynamic Arts District! This historic 3-unit building offers tons of possibilities to its new owner. Each unit has its own private entry. Unit one uses the front door, walking into the living room with working fireplace, kitchen, full bath and sunny glass room. Upstairs has a second full

    Agent Photo

    Edmund Gardner III

    Gardner Real Estate Group

    (207) 492-7719

    207 State St, Portland, ME 04101
  • /174

    $2,250,000

    • 7 Baths
    • 9,600 Sq Ft

    55 Saint Lawrence St, Portland, ME 04101

    Rare opportunity in one of New England's most desirable coastal communities! Ideally located on a quiet street atop Portland's historic Munjoy Hill, this seven-unit multifamily includes a separate buildable lot — an extraordinary find in one of the city's most coveted RN4 (formerly R6) residential zones. Originally built as a classic double-triple, the property now offers seven well-maintained

    Agent Photo

    Tom Landry

    Benchmark Real Estate

    (207) 204-8028

    55 Saint Lawrence St, Portland, ME 04101
  • /37

    $650,000

    • 4.5 Baths
    • 3,988 Sq Ft

    10 Walker St, Portland, ME 04102

    Must see 4 unit on Portland's Congress St West End. Renovate this hidden gem and experience upside value. Apartment complex has been used as an Air BnB in the past. Contact Listing Agent through Broker Bay for a showing.

    Frank Carr CORE

    10 Walker St, Portland, ME 04102
  • /7

    $1,499,000

    • 9 Baths
    • 5,046 Sq Ft

    75 Sherman St, Portland, ME 04101

    Beautiful Parkside 9 unit apartment building w/ (8) 1 bedroom + (1) 2 bedroom units offering nice architectural detail in apartments and hardwood floors located in a fantastic location of the city!

    Thomas Gadbois F.O. Bailey Real Estate

    75 Sherman St, Portland, ME 04101
  • /4

    $775,000

    • 3 Baths
    • 2,398 Sq Ft

    30 Chesley Ave, Portland, ME 04103

    Turnkey well-maintained three-unit apartment building located on a quiet, dead-end street in the desirable neighborhood of North Deering. Recent updates include a new asphalt driveway (2019), new roof (2024), new exterior decking/stairs (2024-2025), a new furnace (2025), repointed chimney (2025), and exterior siding repairs/new exterior paint (2025). Separately metered utilities for each unit

    Noah Stebbins The Boulos Company

    30 Chesley Ave, Portland, ME 04103
  • /2

    $650,000

    • 3 Baths
    • 3,636 Sq Ft

    6 Horton Place, Portland, ME 04102

    This is a prime investment opportunity for savvy investors and contractors looking to take on a substantial renovation project. This 3-unit property has been gutted down to the studs after water damage from frozen pipes, offering a clean slate for customization and a chance to restore it to its full potential. Whether you're planning to flip for a profit or create long-term rental income, this

    Sheldon Ashby Ashby Real Estate

    6 Horton Place, Portland, ME 04102
  • /49

    $999,000

    • 3 Baths
    • 2,533 Sq Ft

    1638 Forest Ave, Portland, ME 04103

    A unique opportunity for investors or developers—this property includes a well-maintained two-family home plus an additional lot for a combined total of almost 2.8 acres. The current owner has already been in contact with the city, and there's potential to build multiple new homes (buyers encouraged to perform due diligence). The existing two-unit features classic charm with hardwood floors, high

    John Tompkins The Atlantic Real Estate Network

    1638 Forest Ave, Portland, ME 04103
  • /21

    $1,650,000

    • 3 Baths
    • 2,700 Sq Ft

    78 Atlantic St, Portland, ME 04101

    Rare opportunity! A double lot on the corner of Atlantic Street and Monument Street in Portland's Most Sought-After Neighborhood! This exceptional property offers an income producing three-unit multi-family + adjacent buildable lot or expansive green space nestled atop the iconic Munjoy Hill, with ocean views from the third floor and R6 zoning, the possibilities are endless! Whether you want to

    Vanessa Greco Portside Real Estate Group

    78 Atlantic St, Portland, ME 04101
  • /20

    $699,000

    • 3 Baths
    • 2,040 Sq Ft

    118 Providence St, Portland, ME 04103

    This East Deering three-unit offers the kind of straight forward simplicity buyers appreciate. Built in the 1980s, it avoids the maintenance concerns often found in century-old buildings. Each of the three apartments features an efficient two-bedroom layout with separate systems, semi-private outdoor space, exterior storage, and two driveways providing ample off-street parking. The location

    Brit Vitalius Vitalius Real Estate Group, LLC

    118 Providence St, Portland, ME 04103
  • /29

    $939,900

    • 3 Baths
    • 3,056 Sq Ft

    14 Boynton St, Portland, ME 04102

    Don't miss out on this tremendous investment opportunity! The first and third floor units have now been fully renovated and tastefully appointed to appeal to all prospective buyers! This property would also be the perfect owner-occupied opportunity for new investors! The prospect of being a multi-generation property may also be considered! This well-maintained property is perfectly situated close

    Robert Joslyn Keller Williams Realty

    14 Boynton St, Portland, ME 04102
  • /37

    $795,000

    • 3 Baths
    • 2,764 Sq Ft

    26 Presumpscot St, Portland, ME 04103

    Well-Maintained 3-Unit in Prime Location!Fantastic opportunity for owner-occupant or investor. This 3-story, 3-unit building offers strong rental potential and solid owner-occupant appeal. Conveniently located near dining, shopping, and the Roux Institute, with easy access to area amenities.

    Sydney Harrison Town & Shore Real Estate

    26 Presumpscot St, Portland, ME 04103
  • /61

    $1,150,000

    • 2 Baths
    • 4,404 Sq Ft

    103 Deerfield Rd, Portland, ME 04101

    Just a block from Portland's scenic Baxter Boulevard trail, this distinguished 1924 duplex—designed by the noted architectural firm of John Calvin Stevens and John Howard Stevens—beautifully blends timeless design with modern comfort. Enjoy the best of in-town living with local favorites just steps away—grab coffee at The Proper Cup, brunch at Rose Foods, or a spin class at Rêve. Excellent

    Jaye Gorham Portside Real Estate Group

    103 Deerfield Rd, Portland, ME 04101
  • /17

    $699,000

    • 2 Baths
    • 1,932 Sq Ft

    20 Howard St, Portland, ME 04101

    This classic Munjoy Hill two-unit has a name that speaks for itself Howard Street, where three Howards come to mind. Like Howard Stern, it's straightforward and no-nonsense; Like Howard Hughes, it's efficient and smart in design; and Like Howard Cosell, it's ready to call the play for your future.Each unit is a comfortable, two-bedroom layout simple and manageable. A rare bonus for the Hill,

    Brit Vitalius Vitalius Real Estate Group, LLC

    20 Howard St, Portland, ME 04101
  • /26

    $525,000

    • 2 Baths
    • 1,234 Sq Ft

    9 C St, Portland, ME 04102

    This could be the opportunity you've been waiting for— a well-maintained two-unit in Portland. Each unit features its own kitchen, full bath, and comfortable living spaces with a mix of hardwood, tile, and laminate flooring. Heat pumps provide efficient year-round comfort, and thoughtful updates throughout give each unit a unique sense of style. The property also includes a private backyard.

    Aaron Chadbourne Demetria Real Estate

    9 C St, Portland, ME 04102
  • /13

    $1,150,000

    • 6 Baths
    • 8,988 Sq Ft

    200 Massachusetts Ave, Portland, ME 04102

    Outstanding turnkey property! This exceptional investment features three units with three bedrooms and two full bathrooms, complemented by two additional bonus units.The property is in impeccable condition, having undergone extensive renovations. This property represents great income potential with separate heating and electricity for each unit and a convenient shared laundry facility.

    Shohreh Azadian EXP Realty

    200 Massachusetts Ave, Portland, ME 04102
  • /43

    $1,795,000

    • 7 Baths
    • 4,654 Sq Ft

    80 Wilson St, Portland, ME 04101

    Welcome to 80 Wilson Street, a fully rented seven unit on the corner of Wilson and Atlantic Street, atop Portland's Munjoy Hill - just steps to the Old Port and the Eastern Promenade. Enter the front door of 80 Wilson to find six apartments and the basement, which has shared laundry and dedicated storage. The first floor has two one bedroom units, the second floor has an additional three one

    John Graham John Graham Real Estate

    80 Wilson St, Portland, ME 04101
  • /31

    $899,000

    • 3.5 Baths
    • 3,540 Sq Ft

    736 Forest Ave, Portland, ME 04103

    High-visibility property in the Mixed Use Zone B-2B, located on the corner of Forest Ave & Pleasant Ave, just north of Woodford's Corner. The property offers a first-floor 829 SF commercial corner suite with approx 35,000+ cars/day traffic count - ideal for retail, office, salon/barber, and other permitted uses (see land use docs). The upper levels contain two vacant, fully renovated residential

    Melanie Crane Michael Navarro Elevate Maine Realty

    736 Forest Ave, Portland, ME 04103
  • /40

    $707,500

    • 2.5 Baths
    • 2,224 Sq Ft

    1344 Washington Ave, Portland, ME 04103

    Two-Unit Apartment Opportunity!Welcome to 1344 Washington Ave Portland Maine...This charming, well-maintained two-family home offers both investment potential and comfortable living. The property features:Unit One: A charming 3-bedroom apartment with hardwood floors, natural light, and an updated bathroom.Unit Two: A generous 4-bedroom apartment with modern finishes, including

    Melissa Simpson Coldwell Banker Realty

    1344 Washington Ave, Portland, ME 04103
  • /78

    $1,395,000

    • 4 Baths
    • 3,452 Sq Ft

    242 Veranda St, Portland, ME 04103

    Be prepared for a soul-stirring experience! This magnificent property offers 3 floors of sweeping views across Casco Bay, toward historic Fort Gorges. Extending to +3400 sqft - 2 units with 5 bedrooms, 4 bathrooms - with extensive updating, this is a dream home. Superb condition property offering a myriad of uses - a multi-generational homestead, an urbanites weekend residence, or an investment

    Deborah Meek Keller Williams Realty

    242 Veranda St, Portland, ME 04103
  • /43

    $915,000

    • 3 Baths
    • 2,576 Sq Ft

    379 Cumberland Ave Unit 3, Portland, ME 04101

    Freshly painted exterior and full of charm, the Gilbert L. Bailey House offers a rare investment opportunity in the heart of Portland. Just a short walk to the Arts District, top restaurants, and entertainment, this property combines historic character with a prime location. Owner will consider selling 381 Cumberland Ave, a 12-spot parking lot, with the purchase of 379 Cumberland Ave.Per

    Roger Begin Better Homes & Gardens Real Estate/The Masiello Group

    379 Cumberland Ave Unit 3, Portland, ME 04101
  • /75

    $659,000

    • 3 Baths
    • 3,030 Sq Ft

    124 Sherman St, Portland, ME 04101

    Solid Bayside 3 unit with updated systems, convenient location just a few blocks from shopping and services.. This building has excellent rental history, income after expenses averages $70,000/year.

    Bryce Hamilton Coldwell Banker Realty

    124 Sherman St, Portland, ME 04101
  • /80

    $710,000

    • 2 Baths
    • 2,612 Sq Ft

    605 Washington Ave, Portland, ME 04103

    Check out this amazing investment opportunity on Portland's Washington Ave offering two spacious 4-bedroom/1-bath units. Each 1,000+ square foot apartment contains large bedrooms, flexible living/dining layouts, and classic period details ready for your finishing touch. A full walk-up attic, served by two existing staircases, presents excellent potential for an additional unit or expanded living

    Karen Edgcombe Maine Real Estate Co

    605 Washington Ave, Portland, ME 04103
  • /46

    $669,900

    • 4 Baths
    • 3,250 Sq Ft

    25 Pleasant Ave, Portland, ME 04103

    New and improved price of 669,900! This turn-of-the-century three-family apartment building is conveniently located just minutes from Downtown Portland. The property must have been quite special in its heyday, showcasing hardwood floors, high ceilings with medallions, bull's-eye moldings, built-ins, and brick fireplaces. This three-family home is eager to be restored and returned to its former

    Kathleen Phillips LaBombard Ocean Gate Realty, LLC.

    25 Pleasant Ave, Portland, ME 04103
  • /41

    $700,000

    • 2 Baths
    • 2,442 Sq Ft

    44 Pleasant Ave, Portland, ME 04103

    Stop paying someone else's mortgage and start building your investment portfolio! Great neighborhood in Portland, close to everything. Currently rented, one lease turned month to month in June, the other lease is up in 2/26. Great tenants! Nice, spacious floor plans and cute yard. Reach out and let's get you through! We will be hosting some open houses to get people through together to avoid

    Janice Pompeo The Maine Real Estate Group

    44 Pleasant Ave, Portland, ME 04103
  • /53

    $970,000

    • 4 Baths
    • 2,607 Sq Ft

    34 Deering Ave, Portland, ME 04101

    Welcome to the heart of Portland, Maine! This 4-unit building located on the Portland peninsula is the perfect investment opportunity for those seeking to break into the thriving real estate market of this coastal city. Situated in a prime location, this property offers residents easy access to all that Portland has to offer. With a walkability score of 93 out of 100, you'll find that Maine

    Dominik Porobic Keller Williams Realty

    34 Deering Ave, Portland, ME 04101
  • /8

    $1,300,000

    • 3 Baths
    • 2,490 Sq Ft

    115 Congress St, Portland, ME 04101

    Rare opportunity to own a three family apartment building on the top of Munjoy Hill. Future potential for condo conversion or redevelopment. Property is located on the iconic Donatelli Square.

    Vince Ciampi Porta & Company

    115 Congress St, Portland, ME 04101
  • /51

    $925,000

    • 2.5 Baths
    • 3,154 Sq Ft

    44 Hersey St, Portland, ME 04103

    This successful and well-maintained duplex offers a rare opportunity for both investors and owner-occupants. Currently operating as a short-term rental, the property features two distinct units: a convenient first-floor 1-bedroom, 1-bath unit and a spacious multi-level 4-bedroom, 1.5-bath unit. Blending original Victorian charm with thoughtful modern updates, the home offers a warm, functional

    Nicholas Guerrette RE/MAX Shoreline

    44 Hersey St, Portland, ME 04103
  • /45

    $1,495,000

    • 5 Baths
    • 4,732 Sq Ft

    160 Washington Ave, Portland, ME 04101

    Turnkey 5-Unit Investment in Prime Munjoy Hill Location! Seasoned investors know the value of location, layout, and low-maintenance assets—this property checks all the boxes. Situated at the base of Munjoy Hill, one of Portland's most desirable and appreciating neighborhoods, this well-maintained five-unit building offers a solid, income-generating opportunity. All five units are two-bedrooms,

    Fred Andrews Spectrum Real Estate

    160 Washington Ave, Portland, ME 04101
  • /26

    $1,350,000

    • 4 Baths
    • 3,686 Sq Ft

    68 Pleasant St, Portland, ME 04101

    Known as the Nathan Nutter House, this historic 2.5 story home was built in 1840 for a local Portland merchant. The original 3,686± square foot Greek Revival building was converted into a two-family dwelling in 1924 and then most recently into four one-bedroom apartment units. Recognized by Greater Portland Landmarks, the property is publicly on the market for the first time in 38 years. The

    John Saint-Amour LandVest, Inc.

    68 Pleasant St, Portland, ME 04101
  • /10

    $2,150,000

    • 3 Baths
    • 4,896 Sq Ft

    104 Monument St, Portland, ME 04101

    Developers Take Notice! This oversized lot is approved for development of 7 condo units. Stunning views overlooking the ocean and located in the highly-desirable Munjoy Hill neighborhood on a quiet street. This lot is just waiting for the right developer to bring their vision and be part of the booming development of Portland Maine!

    Alexander Munsell Real Broker

    104 Monument St, Portland, ME 04101
  • /44

    $1,495,500

    • 6 Baths
    • 5,376 Sq Ft

    21 Merrill St, Portland, ME 04101

    OWNER FINANCING AVAILABLE. Developers and Investors take notice. Large 6 unit located on the ultra desirable East End (Eastern Promenade) of Portland. This is a rehab project perfect for basic or high end rentals, or you could condo the units and sell them off individually. on site parking for up to 5 cars. Don't miss this exciting opportunity.

    Sheldon Ashby Ashby Real Estate

    21 Merrill St, Portland, ME 04101
  • /91

    $649,000

    • 2 Baths
    • 2,390 Sq Ft

    1542 Congress St, Portland, ME 04102

    Teri Ouellette Keller Williams Realty

    1542 Congress St, Portland, ME 04102

Why Live in Portland

Portland's historic Old Port district features cobblestone streets lined with local shops and working waterfront views. The Eastern Promenade provides scenic walking paths overlooking Casco Bay and its islands, while the iconic Portland Head Light lighthouse stands guard at nearby Fort Williams Park. Food lovers flock to acclaimed restaurants like Eventide Oyster Company for their brown butter lobster rolls and Fore Street for locally-sourced fine dining featured on Anthony Bourdain's shows. The arts scene thrives with the Portland Museum of Art's modern collections and Victoria Mansion's preserved 19th-century architecture. Outdoor recreation includes kayaking Casco Bay, cycling the Back Cove trail on Baxter Boulevard, and exploring Peaks Island by bike.

The median sale price for homes in Portland is $580,000. Single-family homes in the West End command a median price of $1,550,000, while Back Cove's median is $687,500. Downtown Portland one-bedroom condos have a median price of $542,500, with two-bedrooms at $971,300. The East End sees median condo prices of $498,500 for one-bedrooms and $807,500 for two-bedrooms.

Living costs run 12.6% above the national average. A family with school-age children needs $119,000 annually to live comfortably, including $38,000 for housing and $19,000 for groceries. Cumberland County's property tax rate is 1.11%, while Maine's state income tax is 7.15% on $76,320 earnings. The state sales tax rate is 5.50% with no additional local taxes. Gasoline costs $3.305 per gallon. Private schools like Waynflete School serve multiple neighborhoods with A+ ratings, while Frank H. Harrison Middle School ranks among the top public options. The University of Southern Maine maintains its main campus in Portland.

Home Trends in Portland, ME

Housing Trends

Median Sale Price
$567,250
Median Single Family Sale Price
$590,886
Median Townhouse Sale Price
$1,247,500
Median 2 Bedroom Sale Price
$590,000
Median 1 Bedroom Sale Price
$442,000
Average Price Per Sq Ft
$474
Number of Homes for Sale
142
Last 12 months Home Sales
700
Months of Supply
2.40
Median List Price
$595,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%
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