597 Main Street, South Portland, ME 04106
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
597 Main Street,South Portland, ME 04106
$849,000
- - Beds
- 3 Baths
- 3,630 sq. ft.
- Multi-family
- Active
Office: dream home realty llc.
MLS#:1665990
Source:ME_MREIS
Price summary
- Price:$849,000
- Price per sq. ft.:$233.88
About this home
Exceptional Mixed-Use Investment Opportunity in South Portland
Rare opportunity to acquire a well-maintained, income-producing mixed-use property in a highly visible Main Street location. This versatile three-unit building offers a diversified income stream with a gross annual income of $70,800, anchored by an established medical office occupying the entire first floor, providing the benefit of stable commercial tenancy.
The two residential units above provide additional rental income and strong tenant appeal. Each residential unit features its own washer and dryer, while tenants are responsible for their own heat and electricity -- helping reduce owner expenses and maximize net operating income.
Meticulously cared for and truly turnkey, the property offers desirable amenities including off-street parking for up to three residential vehicles, additional on-street parking for tenants, clients, and guests, and convenient access to public transportation.
Ideally positioned along South Portland's Main Street corridor, this property is close to local businesses, shopping, dining, downtown Portland, major commuter routes, and area amenities. With proven rental history, strong tenant demand, diversified commercial and residential income, and excellent visibility, this is a rare opportunity to own a stable, cash-flowing investment property in one of Southern Maine's most desirable markets....
Contact an agent
Home facts
- Year built:1920
- Listing ID #:1665990
- Updated:September 14, 2026 at 10:32 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:2
- Flooring:Carpet, Linoleum, Luxury Vinyl
- Basement Description:Brick/Mortar, Exterior Entry, Full, Interior Entry, Unfinished
- Living area:3,630 sq. ft.
Heating and cooling
- Heating:Electric, Heat Pump, Heating
Structure and exterior
- Roof:Shingle
- Year built:1920
- Building area:3,630 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Business District, Corner Lot, Landscaped, Level, Near Shopping, Near Town, Near Turnpike/Interstate, Sidewalks
- Architectural Style:Colonial
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Porch
- Foundation Description:Brick/Mortar, Poured Concrete
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$849,000
- Price per sq. ft.:$233.88
- Tax amount:$9,062 (2025)
Features and amenities
- Laundry features:Main Level, Upper Level
Parking
- Parking description:1 - 4 Spaces, Assigned, Common, Off street, On Street, Paved
New listings near 597 Main Street
- New
$899,900Active2 beds 3 baths2,220 sq. ft.Two Plover Way #00, South Portland, ME 04106
MLS# 1680406Listed by: COLDWELL BANKER REALTY
$525,000Active Under Contract3 beds 1 baths1,592 sq. ft.11 Hamilton Street, South Portland, ME 04106
MLS# 1680399Listed by: LAER- New
$549,900Active3 beds 1 baths1,313 sq. ft.63 Vincent Street, South Portland, ME 04106
MLS# 1680174Listed by: COYNE WEBBER REAL ESTATE ASSOCIATES, LLC - New
$435,000Active2 beds 2 baths877 sq. ft.1232 Broadway, South Portland, ME 04106
MLS# 1680070Listed by: MAINE REAL ESTATE CO - New
$410,000Active3 beds 1 baths1,274 sq. ft.12 Ridgeland Avenue, South Portland, ME 04106
MLS# 1679905Listed by: BERKSHIRE HATHAWAY HOMESERVICES VERANI REALTY - New
$515,000Active3 beds 2 baths1,272 sq. ft.145 Settler Road, South Portland, ME 04106
MLS# 1679879Listed by: WAYPOINT BROKERS COLLECTIVE
$700,000Pending3 beds 1 baths1,120 sq. ft.48 Thompson Street, South Portland, ME 04106
MLS# 1679616Listed by: KELLER WILLIAMS REALTY- New
$579,000Active3 beds 1 baths1,050 sq. ft.122 Boothby Avenue, South Portland, ME 04106
MLS# 1679643Listed by: LOCATIONS REAL ESTATE GROUP LLC
$975,000Pending3 beds 3 baths2,327 sq. ft.9 Haven Road, South Portland, ME 04106
MLS# 1679580Listed by: COTTAGE & CO REAL ESTATE- New
$549,900Active-- beds 2 baths2,696 sq. ft.449 Main Street, South Portland, ME 04106
MLS# 1679411Listed by: EXP REALTY