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Pending
  • Price cut: $15K (11/3)
    $775,000

    69 Stanford Street, South Portland, ME 04106

    7beds
    2,650sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $292/sqft
    $-- HOA

    What's special

    Off-street and on-street parking
    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.
    92 days
    |
    50
    |
    1
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 11, 2025 at 06:43am

    Listed by:

    EXP Realty

    Source: Maine Listings,MLS#: 1623761MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Direct Vent Heater
    Cooling
    • None
    Features
    • Flooring: Carpet, Vinyl, Wood
    • Basement: Interior Entry,Full,Unfinished
    Interior area
    • Total structure area: 2,650
    • Total interior livable area: 2,650 sqft
    • Finished area above ground: 2,650
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces
    Lot
    • Size: 4,356 Square Feet
    • Features: Near Town, Level
    Details
    • Parcel number: SPORM006L076C
    • Zoning: FV

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & HOA

    Location
    • Region: South Portland

    Financial & listing details

    • Price per square foot: $292/sqft
    • Tax assessed value: $575,600
    • Annual tax amount: $7,598
    • Date on market: 9/9/2025
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/11/2025Pending sale$775,000$292/sqft
    Source: Maine Listings #1623761 Report a problem
    11/3/2025Price change$775,000-1.9%$292/sqft
    Source: Maine Listings #1623761 Report a problem
    10/6/2025Price change$790,000-1.3%$298/sqft
    Source: Maine Listings #1623761 Report a problem
    9/9/2025Listed for sale$800,000$302/sqft
    Source: Maine Listings #1623761 Report a problem
    7/14/2025Listing removed$800,000$302/sqft
    Source: Maine Listings #1623761 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$7,598 +15.2%$575,600 +23.4%
    2023$6,593 +4.3%$466,300 +14.8%
    2022$6,320 +17.8%$406,200 +49.6%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,922/mo
    Principal & interest
    $3005
    Property taxes
    $646
    Home insurance
    $271

      Climate risks

      Neighborhood: 04106

      Nearby schools

      GreatSchools rating

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