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146 Sherman Street, Portland, ME 04101

Portland
Local realty services provided by:CENTURY 21 Advantage
146 Sherman Street,Portland, ME 04101
$1,319,000
Virtual Tour
  • - Beds
  • 6 Baths
  • 5,650 sq. ft.
  • Multi-family
  • Active
Office: exp realty
MLS#:1668085
Source:ME_MREIS

Price summary

  • Price:$1,319,000
  • Price per sq. ft.:$233.45

About this home

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.

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Home facts

  • Year built:1910
  • Listing ID #:1668085
  • Updated:September 21, 2026 at 10:30 AM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Carpet, Vinyl, Wood
  • Bathrooms Description:Bathtub, Shower
  • Basement Description:Brick/Mortar, Full, Interior Entry, Unfinished
  • Living area:5,650 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air, Gas Natural, Heating, Hot Water, Radiator, Zoned

Structure and exterior

  • Roof:Pitched, Shingle
  • Year built:1910
  • Building area:5,650 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Corner Lot, Near Railroad, Near Shopping, Near Town, Near Turnpike/Interstate, Open Lot, Rolling Slope, Sidewalks
  • Architectural Style:Colonial
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Block, Brick/Mortar, Stone
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,319,000
  • Price per sq. ft.:$233.45
  • Tax amount:$12,664 (2026)

Features and amenities

  • Laundry features:Laundry - Coin

Parking

  • Parking description:No Driveway, None, Off street
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & 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 ME_MREIS Member Broker: Jamie White

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