146 Sherman StreetPortland, ME 04101MLS Number 1668085

Price: $1,319,000
Est. Mortgage of $/month
2 Days on Market

Prime 5-unit multifamily investment opportunity in Portland's desirable West End. 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. 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 - 1:30pm All showings after group showings will be by appointment only. Allow at least 24 hours to notify tenants.

More Info

Tax Information

Parcel Number PTLD-000048-E000001-000001
Taxes$12,664

Location

Address146 Sherman Street
Building Number146
CountyCumberland
StateME
StreetSherman Street
TownPortland
Zip04101

Interior

Interior Features Bathtub, Shower

Property Information

Acreage0.1
Lot Features Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad, Corner Lot, Open Lot, Rolling Slope, Sidewalks
Square Feet5,650

Water Body

Water AccessPublic

Parking

Parking Features No Driveway, Off Street

Basic Information

List Price$1,319,000
MLS Number1668085
Property TypeMulti-Family
StatusACT
Virtual TourView Tour

Property

Road Surface Type Paved
Sign On Property YN Yes

Exterior

RoofPitched, Shingle

Amenities

AmenitiesBathtub, Laundry - Coin, Shower
Other AmenitiesBasement
Security Features Fire System

Legal

ZoningR6

Rooms

Bathroom6
Bathrooms Total Decimal 6
Full Bath6
Laundry Features Laundry - Coin

Building

BasementInterior Entry, Full, Unfinished, Brick/Mortar
Building Info Water Heaters 5
Flooring Carpet, Vinyl, Wood
Property StyleColonial
Units5
Year Built1910

Utilities

Electric Circuit Breakers
Heat System
- Baseboard
- Forced Air
- Gas Natural
- Hot Water
- Radiator
- Zoned
Heating YN Yes
Utilities Utilities On
Waste Water DisposalPublic Sewer

Other

Date Listed06/19/2026
Unit 1 Full Baths 1
Unit 1 Lease Yes
Unit 1 Level First
Unit 1 Monthly Rent $1,500
Unit 1 Rooms 5
Unit 1 Water Yes
Unit 2 Full Baths 1
Unit 2 Lease Yes
Unit 2 Level Second
Unit 2 Monthly Rent $1,500
Unit 2 Rooms 5
Unit 2 Water Yes
Unit 3 Full Baths 1
Unit 3 Lease Yes
Unit 3 Level First
Unit 3 Monthly Rent $1,600
Unit 3 Rooms 4
Unit 3 Water Yes
Unit 4 Full Baths 1
Unit 4 Lease Yes
Unit 4 Level Second
Unit 4 Monthly Rent $1,700
Unit 4 Rooms 4
Unit 4 Water Yes

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo Privacy Policy

All Maine Homes participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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146 Sherman StreetPortland, ME 04101MLS Number 1668085

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