Are you looking for a solid investment property downtown Portland, one that doesn't have a long list of needed repairs and updates? You found it here! This beautifully maintained fully tenanted three-unit building boasts updated kitchens and baths, updated electrical, brand new gas boiler, and many newer appointments through the building. The first-floor unit is a wide-open concept with wood floors, a large bath with exposed brick, and direct access to the back gardens. The second-floor unit has two bedrooms, and the third-floor apartment features awesome natural light and cool exposed brick walls! The backyard is professionally landscaped with a wonderful place to enjoy nature in the city.
Multi-familyProperty Type
1874Year Built
3,049 sq ftLot Size
$349Est. Price/Sq.Ft.
Listed by Edmund {Ed} Gardner III• Gardner Real Estate Group
Bought with Ashley Lutko Donna Galluzzo• Signature Homes Real Estate Group, LLC
Well maintained 3 unit brick just steps away from Portland's Arts District. Deering Street has always been known for its beautiful brick buildings and wonder architecture and this one sits right in the middle of it! These units command nice rental income and have great floor plans. The first floor is a wide open concept with wood floors, a large bath, and direct access to the back gardens. The second floor is currently being used as two bedrooms and the third floor has been recently updated, featuring cool exposed brick walls! The back yard is a well designed with fresh plantings and a common deck. You will be very proud to own this wonderful peninsula investment property!
MREIS #1118979
Feb 14, 2014
Sold
$485,000
$150/sq ft
+15
Meticulously maintained 3 unit building in Portland Historic Neighborhood. Currently used as mixed use w/ 1st floor office w/ central air + recently renovated 2nd & 3rd floor residential units. Updates galore including historically correct exterior.
MREIS #1091645
May 12, 2013
Listed
$585,000
$181/sq ft
MREIS #1071085
Oct 2, 2012
Listed
$598,000
$185/sq ft
As the MLS and public records start to fill up, we'll list the details here.
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Multi-Family (2-4 Unit)
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Cumberland County
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Last updated by owner on May 22, 2026.
R6
Residential
To set aside areas on the peninsula for housing characterized primarily by multi-family dwellings at a high density providing a wide range of housing for differing types of households; to conserve the existing housing stock and residential character of neighborhoods by controlling the scale and external impacts of professional offices and other nonresidential uses; and to encourage new housing development consistent with the compact lot development pattern typically found on the peninsula.