238 Preble Street, South Portland, ME 04106

South Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
238 Preble Street,South Portland, ME 04106
$1,195,000
  • - Beds
  • 4 Baths
  • 3,812 sq. ft.
  • Multi-family
  • Active
Listed by: hugh o'shea
Office: cottage & co real estate
MLS#:1661201
Source:ME_MREIS

Price summary

  • Price:$1,195,000
  • Price per sq. ft.:$313.48

About this home

Located in the highly desirable Willard Beach neighborhood of South Portland, 238 Preble Street presents a rare opportunity to own a well-maintained 4-unit investment property just moments from the beach and vibrant Willard Square. Each spacious unit offers 2 bedrooms and 1 bathroom, providing strong rental appeal in one of Southern Maine's most sought-after coastal communities. Three of the four units have been fully renovated, featuring updated kitchens, baths, flooring, and modern finishes while maintaining the property's classic New England charm. Tenants enjoy easy access to Willard Beach, local restaurants, coffee shops, markets, and downtown Portland just minutes away. Whether you're looking to expand your portfolio or owner-occupy with additional rental income, this property combines location, lifestyle, and investment potential in an exceptional package.

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Home facts

  • Year built:1970
  • Listing ID #:1661201
  • Updated:May 14, 2026 at 04:51 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Vinyl
  • Bathrooms Description:Bathtub
  • Living area:3,812 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Gas Natural, Space Heater

Structure and exterior

  • Year built:1970
  • Building area:3,812 sq. ft.
  • Lot area:0.28 Acres
  • Lot Features:Corner Lot, Level, Near Country Club, Near Public Beach, Near Public Transit, Near Town, Neighborhood, Open, Suburban
  • Construction Materials:Aluminum Siding, Wood Frame
  • Foundation Description:Poured Concrete, Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,195,000
  • Price per sq. ft.:$313.48
  • Tax amount:$11,720 (2025)

Features and amenities

  • Amenities:One-Floor Living

Parking

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