142 Sherman St.
Multi-Family142 Sherman St, Portland, ME 04101
- Type
- Sale
- Status
- Active
- Asking Price
- $949,000
- List Date
- May 11, 2026
- Days on Market
- 50
- Sale Total Expenses
- $8,771
- Tax Amount
- $8,771
- Tax Year
- 2025
- Last Verified
- Jun 25, 2026
4-Unit Investment Property in Portland's Parkside Neighborhood
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.
Space Details
- Available SF
- 4,257 SF
- Primary Use
- Multi-family
- Postal Address
- 142 Sherman Street
- Type
- Multi-Family
- Subtype
- Low-rise
- Size
- 4,257 SF
- Acreage
- 0.05 Acres
- Occupancy Type
- Multi Tenant
- Year Built
- 1889
- Floors
- 3
- County
- Cumberland
- Submarket
- Off,PD,82
- Type
- Sale
- Status
- Active
- Asking Price
- $949,000
- List Date
- May 11, 2026
- Days on Market
- 50
- Sale Total Expenses
- $8,771
- Tax Amount
- $8,771
- Tax Year
- 2025
- Last Verified
- Jun 25, 2026
4-Unit Investment Property in Portland's Parkside Neighborhood
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.
Space Details
- Available SF
- 4,257 SF
- Primary Use
- Multi-family
- Postal Address
- 142 Sherman Street
- Type
- Multi-Family
- Subtype
- Low-rise
- Size
- 4,257 SF
- Acreage
- 0.05 Acres
- Occupancy Type
- Multi Tenant
- Year Built
- 1889
- Floors
- 3
- County
- Cumberland
- Submarket
- Off,PD,82