Looking for a shared space to rent out, transform into an in-law suite, or create a family compound with? Multi-family homes offer all of these great options and many more. Some are multi-unit buildings; others are single-family homes that feature a detached, rentable carriage/guest house. To view what best suits your multi-family real estate needs, scroll down and check out some of these fantastic property options! Be sure to save your search for instant updates on new listings that match your search criteria delivered right to your inbox.
Unobstructed views. Unparalleled quality. Unmatched updates. Untarnished period details. Welcome to 172-174 Eastern Promenade! There are few properties anywhere that rival this stunning Victorian perched on Portland's Eastern promenade. Originally built and currently used as a two family the property is ideal for the deserving owner occupant, uber high-end rental or condo conversion. A life without compromise deserves a property without parallel. View property website for comprehensive details
Listed by Benchmark Residential & Investment Real Estate
Imagine the possibilities this property offers. Potential to build up to 16 new units with water views. One of the larger parcels remaining on Munjoy Hill. An added bonus: fully occupied 7 unit provide income while seeking approvals.
F.O. Bailey is pleased to offer this rare opportunity to purchase a well maintained, fully-occupied, 18-unit, multi-family two building package w/ parking. 493 Cumberland Ave 6 Unit: Four-1 bedroom, Two-2 bedroom, great candidate for condo conversion. 497 Cumberland Ave 12 Unit: Ten -1 bedroom, Two-2 bedroom. Parking for six vehicles. Property is on a single deed but each building is taxed separately by the city. Excellent Investment Property. Please sign & return the Confidentiality Agreement for financials.
Opportunity is the name of this game! Be first in line to take a look at this perfectly located mixed-use 4 unit that's great as is but offers so much potential... This rare B2B zoned property is situated in the heart of Portland's real estate boom with endless possibilities: redevelopment, investment, conversion, owner user (first floor was previously Uncle Billy's BBQ and currently a private function center) or creation of your own in-town roof top pad with unlimited open ocean views. Don't miss out!
Listed by Benchmark Residential & Investment Real Estate
Great opportunity! The owner of this extraordinary Pine Point, oceanfront home will consider offers ranging from $1,249,888 to $1,344,800 and will sell fully furnished for best offer! Enjoy panoramic views & private access to 7 miles of white sandy beach! Tastefully renovated, with 5 beds & 2 baths, this legal 2 unit beach home is perfect for multi-generational enjoyment, can be a fabulous rental property, or easily converted to a single family retreat with expansion potential. Ready for immediate occupancy.
Great opportunity to invest in Portland's popular East End. This 6 unit multi-family has off-street parking and is just steps to neighborhood shopping, restaurants, Tennis/Basketball Courts, parks, trails, and the East End Beach. The nature of this project is completely up to you, renovate the existing units, convert to condo's, demo and build new or do nothing and rent the units as they are. Market rents are $1,500-$1,800 per month.
Rare Munjoy Hill re-development opportunity consisting of a historic 5,000+- SF 3-unit building and an under-utilized barn/garage situated on a 6,400SF lot in R-6.
Density requirements appear to allow 8 units on the lot. Water views from the third floor where a renovation had been started - plans available. Please see the virtual tour of unit #2 to get a sense of the layout and the size of each unit.
Open Showings scheduled for Monday, November 27th and Tuesday the 28th from 11 to 12.
Inner-Wash Ave 4 Unit on double lot. Ideal for rentals, condo conversation or redevelopment. The desirable B2B Zone and 6,607sf lot offer many possibilities and up to 15 units. Property can be mixed use, fully residential or fully commercial. The views from upper levels are sweeping and capture the city skyline, Back Cove, The Mount Washington Range and amazing sunsets. Looking for that ideal investment before this thriving, vibrant, eclectic, walkable, livable... location becomes untouchable - this is it.
Listed by Benchmark Residential & Investment Real Estate
A Rare 9-Unit on Portland's Peninsula. West End neighborhood close to Downtown & Arts district.
Six 1-Bedroom & Three 2-Bedroom units. New Roof & New boiler. Current rents below market & plenty of upside potential. If you are looking for an investment - this could be a fantastic addition to your portfolio!
Group Showings Only: Wednesday 11/15, Thursday 11/16 & Friday 11/17. Noon - 1pm.
Amazing opportunity to own on the East End. Each Unit has an open concept, 3 bedrooms, 1 full bath and washer and dryer. Possibility for 4th floor expansion already approved by the town. Views of Mt Washington. Walking distance from great coffee shops and shopping. Park and beach a walk down the hill. This is worth viewing, worth investing!
Beautifully restored and esthetically updated, Second Empire Victorian, sits on .5 acres just off the peninsula. With 11 rooms, the home lends itself to many uses, including a return, under its occupancy permit, to a 2-family residence or a bed and breakfast. This is a great home for entertaining large parties or sitting in your own oasis in one of the many rooms. Use the first floor barn for a garage and use the basement, second and third floors as a studio, workshop or for the in-laws. Broker owned.
Located on the peninsula in the West End of Portland, not far from Maine Medical Center, we are pleased to offer for sale, this renovated three unit! Comprised of newly equipped, 1440 sqft, 55 seat restaurant looking to fulfill it's potential with a new owner, and two - 2 bedroom apartments on the second floor.
Come be part of one of the nationally recognized best small cities in the country for dining out!
So much potential! An ideal situation with an existing multi-unit on a large fenced lot with attached additional vacant lot. Keep the multi as is, expand the multi, combine the lots and build new... so many options. East Bayside is abuzz with development, restaurants, stores, services and favorites like Whole Foods, Coffee by Design, Youngs Furniture, Rising Tide, and Lone Pine. Get in on the hottest new peninsula neighborhood while you still can.
Be a part of the renaissance of Portland. Now offering this 3-unit building in the center of the coveted India Street Corridor. World famous restaurants, shops, waterfront, walking and biking trails right at your doorstep. 60 foot street frontage, parking for several cars. Portland's highly valued peninsula will support any upgrades and investment made on this well-situated property.
Well-located Duplex. First floor unit has 3 bedrooms, 1 full bath, and attached two car garage with oil heat. Second floor unit has 4 bedrooms, 2 full baths, great room, kitchen, outdoor deck and high efficiency gas boiler. There is off-street parking for 7 cars (2 inside the attached garage, 1 inside the detached garage, and 4 around in well laid-out parking area). A stone's throw to the front door of UNE.
This is a three unit condominium being sold as a mixed use multi package. Unit 1 is the original home with 1592 square feet of living space, 3 bedrooms and 1 bath, fireplace in the living room and updated kitchen and bath. Unit 2 has 1316 square feet, two bedrooms with fireplace, updated kitchen and a nicely remodeled bath. Unit 3 is a commercial office space of 798 square feet and divided into three spaces for working, conference and reception. Conversion to residential may be possible. Lots of parking!
The historic antique farmhouse was moved here by oxen in 1820 from Cumberland. The post & beam barn disassembled and reassembled on site as well. The heated workshop was the old 'ice house'. Currently zoned for 2 office spaces and has a legal accessory apartment. Farm Forest allows for agriculture & farming, a farm stand is allowed with permitting, the exposure is great! The home has been completely updated and the spectacular grounds offer a true modern homestead! See MLS 1314476 and 1309454
Excellent opportunity to own an income producing property in the up-and-coming neighborhood of East Bayside Portland. Owner occupied, or investment. Large fenced yard in with storage shed and possible off-street parking. Each unit pays their own utilities with the 3rd floor unit paying common hallway electrical. Each unit has it rinnai heat pumps. 2nd and 3rd floor units has enclosed 4 season porch area offering picturesque sunset views. Plenty of storage in basement and attic. Tons of potential with this property!
Portland peninsula living at its finest! Enjoy this beautiful triple decker that provides three large 1,500sqft plus 3 bdrm units! Take in everything the city has to offer, stroll down to Deering Oaks, farmer's market, hit up the local restaurants & coffee shops. Each unit has separate electric & heat, private front & rear decks, original molding & detail & plenty of storage. Relax in the back yard/patio area & enjoy the ease of paved off street parking.
Rare East End 3 Unit located on hill-side lot with views from the peninsula skyline to Back Cove. Property is in need of renovations. Great remodel or development potential. Open showings Tuesday 12/5 from 4-6 and open house Sunday 12/10 1-3
Seller used property to house several generations under one roof. Grandparents babysitting after school, cousins playing/doing homework together, big festive meals, and tackling maintenance projects as a family. Three sun drenched units and a garden plot with southern exposure. EXTREMELY well insulated, pitched roof, off street parking, and separately metered utilities make this too good to pass up!
Nice downtown 5-unit w/ separate utilities that is close to the Old Port and interstate 295. Newer roof, siding and windows. 1-Studio, and 4-1 Bedrooms. (Gross income $50,100/year 7% cap), (projections: $58,200/year 8.4% cap). Many possibilities with this building such as: Air BnB,, Home away or VRBO.
Please see attached income/expense.
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Jeff, thanks for all you did to help us sell our home! Your insight into getting our home ready for the open house, as well as the steps along the way as the offer was in effect, helped keep us moving in the right