135 Ocean Street, South Portland, ME 04106

South Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
135 Ocean Street,South Portland, ME 04106
$775,000
  • - Beds
  • 3 Baths
  • 2,583 sq. ft.
  • Multi-family
  • Active
Office: portside real estate group
MLS#:1673414
Source:ME_MREIS

Price summary

  • Price:$775,000
  • Price per sq. ft.:$300.04

About this home

135 Ocean Street -- Prime investment in Knightville. This well-maintained mixed-use building on one of South Portland's most sought-after blocks presents a rare opportunity for stable income and long-term growth. The property includes two residential units and a first-floor commercial space, all currently occupied by long-term tenants. The commercial tenant operates a medical cannabis business and has been in place for seven years, providing a dependable anchor for the building. Located in the heart of the neighborhood's activity and close to transit, shops and services, this property is an attractive option for an investor seeking steady cash flow and future upside. GROUP SHOWINGS: Tuesday 7/28, 1:30 - 2:30 and Thursday 7/30, 1:30 - 2:30

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Home facts

  • Year built:1900
  • Listing ID #:1673414
  • Updated:July 25, 2026 at 12:00 AM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Tile, Vinyl, Wood
  • Basement Description:Full, Interior Entry, Unfinished
  • Living area:2,583 sq. ft.

Heating and cooling

  • Heating:Direct Vent Heater, Gas Natural, Heating

Structure and exterior

  • Roof:Flat, Membrane
  • Year built:1900
  • Building area:2,583 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Business District, Intown, Landscaped, Level, Near Shopping, Neighborhood, Open Lot, Sidewalks
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Block, Brick/Mortar, Slab
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$775,000
  • Price per sq. ft.:$300.04
  • Tax amount:$7,223 (2026)

Parking

  • Parking description:5 - 10 Spaces, Off street, On Site, Paved
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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