146 Sherman Street

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Address: 146 Sherman St, Portland, ME 04101, USA
Boston & New England + Apartment Buildings
Created date: July 1, 2026
Date last updated: September 15, 2026
Price: $1,319,000Investment Analyzer NEW!

Property Description

Please call Christopher St.Pierre with any questions. 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. 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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,319,000
No. of Units: 5
Year Built: 1910
Lot Size: 5,650.00 Sq ft
Opportunity Zone: No
Price per unit: $263,800
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 6
Address: 146 Sherman Street, Portland, ME 04101, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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