Date
Details
Price
Change
Source
5/11/2026
Listed
$949,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$949,000
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Property Description
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.
Full Property Details
Full Property Details for 142 Sherman St
General
- Price: $949,000
- Taxes: $8,770 (2025)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1661644
- Updated: 6/4/2026
- Added to Site: 58 day(s) ago
Interior
- Flooring: Carpet, Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Parking
- Parking Features: Paved, 5 - 10 Spaces
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas Natural, Baseboard, Direct Vent Heater, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Construction: Wood Frame
- Basement: Yes
- Basement Desc.: Doghouse, Interior Entry, Daylight, Finished, Full
- Roof: Shingle
- Square Feet: 3,578
- Finished Total: 3,578 Sq. Ft.
- Finished Above Grnd: 3,578 Sq. Ft.
- Year Built: 1889
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Zoning: R7
- Lot Description: Intown, Other, Sidewalks
Financial Considerations
- Operating Expenses: $83,691.83
- Tax Amount: $8,770.56
- Tax Year: 2025
Disclosures and Reports
- Block: E
- Lot Number: 2-3
Listed by The Dunham Group (207) 773-7100
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Listing agent
— 142 Sherman St —
The Dunham Group
207-773-7100
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 142 Sherman St
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 0.4 mi |
East End Community School 195 North Street, Portland, ME 04101 | PK-5 | 1.5 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 1.7 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 142 Sherman St
Tax History
Tax History for 142 Sherman St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,771
-10%
$732,100
13%
2024
$9,758
4%
$650,100
—
2023
$9,368
6%
$650,100
—
2022
$8,848
5%
$650,100
—
2021
$8,445
14%
$650,100
104%
2020
$7,427
—
$318,600
—
2019
$7,427
4%
$318,600
—
2018
$7,162
4%
$318,600
—
2017
$6,898
3%
$318,600
—
2016
$6,726
2%
$318,600
—
2015
$6,573
3%
$318,600
—
2014
$6,372
3%
$318,600
—
2013
$6,184
—
$318,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 142 Sherman St
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- Active
- Updated 6 days ago
- 5Beds
- 5Total Baths
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- Active
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- Updated 11 hours ago
- 3Beds
- 1Total Bath
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- Multi-Family
- Closed
- Updated 12 days ago
- 3Units
- 0.08Acres
Listed by Keller Williams Realty
Sold by Keller Williams Realty
Sold by Keller Williams Realty
- Townhouse
- Closed
- Updated 12 days ago
- 4Beds
- 3Total Baths
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Listed by Cottage & Co Real Estate
Sold by Cates Real Estate
Sold by Cates Real Estate
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- Closed
- Updated 12 days ago
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- 2Total Baths
- 2,053Sq. Ft.
Listed by Portside Real Estate Group
Sold by Portside Real Estate Group
Sold by Portside Real Estate Group
142 Sherman Street, Portland, ME 04101 (MLS# 1661644) is a Multi-Family property with 4 units containing 0 bedrooms and 4 full bathrooms. 142 Sherman Street is currently listed for $949,000 and was received on May 11, 2026. Want to learn more about 142 Sherman Street? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.