142 Sherman St

Portland, ME 04101
  • $949,000

    Price
  • 0

    Bed
  • 4

    Bath
  • 3,578

    SqFt

About the Listing 1795 - 024316

Positioned in Portland's desirable Parkside Neighborhood, 142 Sherman Street is a fully occupied four-unit investment property offering stable in-place income in one of the city's most sought-after residential neighborhoods. The property benefits from a walkable location just minutes from downtown, the Peninsula, and major commuter routes. The building features a functional unit mix with consistent occupancy, supported by strong rental demand in the surrounding area. The property has been well maintained and improved over time, with a series of updates to both unit interiors and key building systems, contributing to overall efficiency, condition, and long-term reliability. Tenants enjoy convenient access to local shops, restaurants, and services, supporting strong retention and continued demand.

Listing Highlights

Status Active
Days on Site 9
Property Type Multi-Family
MLS ® 1661644
Year Built 1889
Total Square Footage 3,578
Lot/Acreage 0.12
County Cumberland

Interior Details

  • Bedrooms: 0
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Gas Natural,Baseboard,Direct Vent Heater,Hot Water
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3578
  • Below Ground Sq Ft: 0
  • Basement: Interior,Doghouse,Daylight,Finished,Full
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Other Site,Sidewalks,Intown,Near Shopping
  • Garage Capacity: N/A
  • Zoning: R7
  • Roof: Shingle
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved,5 - 10 Spaces

Financial Details

  • Tax Amount: $8,771
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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Questions About..

142 Sherman St Portland, ME 04101

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Originating MLS: Maine Listings

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