124 Sherman Street, Portland, ME 04101

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
124 Sherman Street,Portland, ME 04101
$789,000
  • - Beds
  • 3 Baths
  • 3,030 sq. ft.
  • Multi-family
  • Active
Office: vitalius real estate group, llc.
MLS#:1679888
Source:ME_MREIS

Price summary

  • Price:$789,000
  • Price per sq. ft.:$260.4

About this home

Investors and house hackers - this downtown Portland 3-unit offers a strong income with two 3-bedroom units currently renting for $2,700/month each, while the vacant third-floor 2-bedroom gives you the opportunity to generate more income, move in yourself, or make further improvements to build additional equity. The property is equipped with a sprinkler system, separate electric, and a single gas meter. Add to your investment portfolio or offset your housing costs with rental income.

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Home facts

  • Year built:1896
  • Listing ID #:1679888
  • Updated:September 23, 2026 at 07:58 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Vinyl, Wood
  • Basement Description:Full, Interior Entry, Unfinished
  • Living area:3,030 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas Natural, Heating, Space Heater

Structure and exterior

  • Roof:Shingle
  • Year built:1896
  • Building area:3,030 sq. ft.
  • Lot area:0.06 Acres
  • Lot Features:Intown, Level, Sidewalks
  • Construction Materials:Asbestos, Wood Frame
  • Exterior Features:Porch
  • Foundation Description:Block, Brick/Mortar, Poured Concrete
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$789,000
  • Price per sq. ft.:$260.4
  • Tax amount:$7,791 (2025)

Parking

  • Parking description:1 - 4 Spaces, Off street, On Street, Other
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: Christopher Masiello

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