For Sale Multi-Family MLS# 1668085

146 Sherman Street

Portland, ME 04101

$1,319,000

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About 146 Sherman Street

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.

Property details

Property

Type
multi
Year built
1910
Living area
5,650 sqft
Price / sqft
$233
Lot
0.1 ac
List date
Jun 19, 2026

Schools

District
Portland

Location

Subdivision
Parkside
Neighborhood
Parkside

Location

Neighborhood
Parkside
School district
Portland

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.