142 Sherman Street, Portland, ME 04101

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
142 Sherman Street,Portland, ME 04101
$949,000
  • - Beds
  • 4 Baths
  • 3,578 sq. ft.
  • Multi-family
  • Active
Listed by: joseph atwood
Office: the dunham group
MLS#:1661644
Source:ME_MREIS

Price summary

  • Price:$949,000
  • Price per sq. ft.:$265.23

About this home

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.

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Home facts

  • Year built:1889
  • Listing ID #:1661644
  • Updated:May 14, 2026 at 02:55 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Laminate, Wood
  • Basement Description:Daylight, Doghouse, Finished, Full
  • Living area:3,578 sq. ft.

Heating and cooling

  • Heating:Baseboard, Direct Vent Heater, Gas Natural, Hot Water

Structure and exterior

  • Year built:1889
  • Building area:3,578 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Intown, Near Shopping, Other Site, Sidewalks
  • Construction Materials:Wood Frame

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$949,000
  • Price per sq. ft.:$265.23
  • Tax amount:$8,770 (2025)

Parking

  • Parking description:5 - 10 Spaces, Paved
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