146 Sherman Street, Portland, ME 04101 (MLS # 1668085)
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Prime 5-unit multifamily investment opportunity in Portland's desirable West End in Parkside. Featuring four 2-bedroom units and two 1-bedroom units, this income-producing property offers excellent tenant demand, and future upside potential. The current owner has offered the units to his employees at a discounted rental rate. Owner initiated process to legalize 6th unit with fire escape addition but was unable to resolve with the city. The property had a safety inspection completed by the city with the third floor broken up into two, two-bedroom units instead of one combined four-bedroom unit. Conveniently located minutes from Downtown Portland, Maine Medical Center, restaurants, shops, and public transportation. A rare opportunity to acquire a well-located multifamily asset. Group showings: Tuesday, June 23rd at 10am - 11:30am Thursday, June 25th at 12pm - 1:00pm All showings after group showings will be by appointment only. Allow at least 24 hours to notify tenants.
| LAST UPDATED | 6/19/2026 | YEAR BUILT | 1910 |
|---|---|---|---|
| COUNTY | Cumberland | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Water Heater |
| BASEMENT | Full, Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Baseboard, Forced Air, Hot Water, Radiant, Zoned |
| LOT | 4356 sq ft |
| LOT DESCRIPTION | Corner Lot, Open Lot, Rolling Slope |
| LOT DIMENSIONS | 0.1 |
| MLS STATUS | Active |
| PARKING | None, Off Street |
| SEWER | Public Sewer |
| STYLE | Colonial |
| TAXES | 12664 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
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IDX data provided by Market Leader, courtesy of Maine Listings.
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