438-440 St. John Street, Portland, ME 04102 (MLS # 1661478)
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Located in the Oakdale section of Portland, Maine, this three-unit property offers a single family home and a duplex on the same lot. 438-440 St John St presents a strong investment opportunity with immediate income. Each unit offers a three-bedroom layout, appealing to a wide range of tenants and supporting consistent demand. The building boasts a solid rental history and is currently fully occupied, providing reliable cash flow from day one. Tenants enjoy comfortable, practical living spaces, and valuable off-street parking - a highly desirable amenity in Portland. Residents benefit from easy access to USM, Hadlock Field, The Expo, Deering Oaks Park, local shops, dining, and transportation options. The property has been well cared for over the years, with an opportunity for the next owner to add value through exterior paint and minor repairs. Whether you're expanding your portfolio or seeking a turnkey multi-family investment with upside potential, this property delivers stability, location, and long-term value. Group showings by appointment only, please reach out for additional information.
| LAST UPDATED | 5/10/2026 | YEAR BUILT | 1900 |
|---|---|---|---|
| COUNTY | Cumberland | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Hot Water, Oil |
| LOT | 5227 sq ft |
| LOT DIMENSIONS | 0.12 |
| MLS STATUS | Active |
| PARKING | Common, Paved |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 9829 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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