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Listed by Joseph Atwood The Dunham Group
$949,000
Est. payment /mo
4 Baths
3,578 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,578 sqft
Price per Sqft $265
MLS Listing ID 1661644
Full Baths 4
HOA Y/N No
Year Built 1889
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Source Maine Listings
Land Area 3578
Property Description
Positioned in Portland's desirable Parkside Neighborhood, 142 Sherman Street is a fully occupied four-unit investment property
offering stable in-place income in one of the city's most sought-after residential neighborhoods. The property benefits from a walkable location just minutes from downtown, the Peninsula, and major commuter routes. The building features a functional unit mix with consistent occupancy, supported by strong rental demand in the surrounding area. The property has been well maintained and improved over time, with a series of updates
to both unit interiors and key building systems, contributing to overall efficiency, condition, and long-term reliability. Tenants enjoy convenient access to local shops, restaurants, and services, supporting strong retention and continued demand.
offering stable in-place income in one of the city's most sought-after residential neighborhoods. The property benefits from a walkable location just minutes from downtown, the Peninsula, and major commuter routes. The building features a functional unit mix with consistent occupancy, supported by strong rental demand in the surrounding area. The property has been well maintained and improved over time, with a series of updates
to both unit interiors and key building systems, contributing to overall efficiency, condition, and long-term reliability. Tenants enjoy convenient access to local shops, restaurants, and services, supporting strong retention and continued demand.
Location
State ME
County Cumberland
Zoning R7
Rooms
Basement Doghouse, Interior Entry, Daylight, Finished, Full
Interior
Heating Gas Natural, Baseboard, Direct Vent Heater, Hot Water
Cooling None
Flooring Carpet, Laminate, Wood
Exterior
Parking Features Paved, 5 - 10 Spaces
Roof Type Shingle
Garage No
Building
Entry Level Multi-Level
Water Public
Architectural Style Other
Others
Tax ID PTLD-000048-E000002-000001
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