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$1,319,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Units
  • 0.1 Acres
  • Updated 2 days ago
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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.

Full Property Details for 146 Sherman St

General

  • Price: $1,319,000
  • Taxes: $12,664 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1668085
  • Updated: 6/23/2026
  • Added to Site: 6 day(s) ago

Interior

  • Interior Features: Bathtub, Shower
  • Flooring: Carpet, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Other Rooms

  • Laundry: Laundry - Coin

Additional Information

  • Security/Safety: Fire System

Parking

  • Parking Features: No Driveway, None, Off Street

Location

  • County: Cumberland

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Gas Natural, Baseboard, Forced Air, Hot Water, Zoned, Radiator

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Utilities On

Structural Information

  • Architectural Style: Colonial
  • Construction: Wood Frame, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Interior Entry, Full, Unfinished, Brick/Mortar
  • Roof: Pitched, Shingle
  • Square Feet: 5,650
  • Finished Total: 5,650 Sq. Ft.
  • Finished Above Grnd: 5,650 Sq. Ft.
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Zoning: R6
  • Lot Description: Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad, Corner Lot, Open Lot, Rolling Slope, Sidewalks

Financial Considerations

  • Operating Expenses: $51,257
  • Tax Amount: $12,664
  • Tax Year: 2026

Disclosures and Reports

  • Block: E
  • Lot Number: 1

Listed by EXP Realty (888) 439-8743

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Listing agent

— 146 Sherman St —

  • EXP Realty

    888-439-8743

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 146 Sherman St

School District:Portland
NameGradesDistance
Howard C Reiche Community School
166 Brackett Street, Portland, ME 04102
K-50.4 mi
East End Community School
195 North Street, Portland, ME 04101
PK-51.5 mi
Deering High School
370 Stevens Avenue, Portland, ME 04103
9-121.7 mi
Casco Bay High School
196 Allen Avenue, Portland, ME 04103
9-123.1 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 146 Sherman St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$1,319,000
56.21%
MLS
9/24/2019
Sold
$844,375
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 146 Sherman St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,664
-12%
$1,057,100
10%
2024
$14,365
4%
$957,000
—
2023
$13,790
6%
$957,000
—
2022
$13,025
5%
$957,000
—
2021
$12,431
40%
$957,000
151%
2020
$8,886
—
$381,200
—
2019
$8,886
4%
$381,200
—
2018
$8,569
4%
$381,200
—
2017
$8,253
3%
$381,200
—
2016
$8,047
2%
$381,200
—
2015
$7,864
3%
$381,200
—
2014
$7,624
3%
$381,200
—
2013
$7,430
—
$382,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by EXP Realty (888) 439-8743

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146 Sherman Street, Portland, ME 04101 (MLS# 1668085) is a Multi-Family property with 5 units containing 0 bedrooms and 6 full bathrooms. 146 Sherman Street is currently listed for $1,319,000 and was received on June 19, 2026. Want to learn more about 146 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.

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