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$790,000
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Property Description
69 Stanford Street in South Portland is a smart, flexible investment in one of Southern Maine's most sought-after rental locations. This well-maintained three-unit property offers strong income potential with separate electric, heat, and hot water utilities for each unit-keeping operating costs low and returns strong. Units 1 and 2 are refreshed and move-in ready, giving owner-occupants the option to live in one unit while collecting rent from the others or allowing investors to place quality tenants on their own terms. Each of these units is estimated to earn between $2,400 and $2,700 per month, offering immediate upside. Unit 3 is currently occupied, providing dependable rental income from day one. The property includes both off-street and on-street parking and features a coin-operated washer and dryer for added revenue. Its location is unbeatable-just minutes to downtown Portland, Willard Beach, and South Portland's favorite restaurants, coffee shops, and local spots. Whether you're building your portfolio or looking for a home that helps pay the bills, this property offers a rare mix of cash flow, long-term value, and lifestyle convenience. With strong tenant appeal and flexible occupancy options, 69 Stanford Street stands out as a versatile and high-performing asset in a market known for stability and growth.
Full Property Details
Full Property Details for 69 Stanford St
General
- Sold For: $790,000
- Taxes: $7,598 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1623761
- Added to Site: 131 day(s) ago
Interior
- Flooring: Wood, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Parking
- Parking Features: 5 - 10 Spaces, Gravel
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Direct Vent Heater
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Colonial
- Construction: Vinyl Siding, Wood Frame
- Roof: Shingle
- Building Size: 2650
- Square Feet: 2,650
- Living Area: 2,650 Sq. Ft.
- Finished Total: 2,650 Sq. Ft.
- Finished Above Grnd: 2,650 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Size Source: Public Records
- Zoning: FV
- Lot Description: Level, Near Town
Financial Considerations
- Tax Amount: $7,598
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 076/C
Listed by EXP Realty (888) 439-8743
Sold by Benchmark Real Estate (207) 775-0248
Get Pre-Approved Today
Schools
Schools serving 69 Stanford St
School District:South Portland
| Name | Grades | Distance |
|---|---|---|
Dora L Small Elementary School 87 Thompson Street, South Portland, ME 04106 | K-5 | 0.6 mi |
Daniel F. Mahoney Middle School 240 Ocean Street, South Portland, ME 04106 | 6-8 | 1.2 mi |
South Portland High School 637 Highland Avenue, South Portland, ME 04106 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 69 Stanford St
Date
Details
Price
Change
Source
12/12/2025
Sold
$790,000
1.94%
MLS
11/03/2025
Price Reduced
$775,000
-1.9%
MLS
10/06/2025
Price Reduced
$790,000
-1.25%
MLS
6/26/2025
Price Reduced
$800,000
-3.03%
MLS
5/22/2025
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
69 Stanford Street, South Portland, ME 04106 (MLS# 1623761) is a Multi-Family property that was sold at $790,000 on December 12, 2025. Want to learn more about 69 Stanford Street? Do you have questions about finding other Multi-Family real estate for sale in South Portland? You can browse all South Portland real estate or contact a Coldwell Banker agent to request more information.

