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Listed price in listed location currency (USD).
$740,000

030

MLS® 1644239

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 2923 sqft
Garage No
HOA Fees 
Taxes $8,536
Days Active 24
Approx. Age 1875
Avg. Price Per Sqft $253
MLS® Number 1644239

Property Address: 7 Cherry Street, Portland, ME, 04102

Average square foot calculated using Size range provided by listing agent.

Description

Fantastic investment opportunity—a three-unit multifamily property at 7 Cherry Street—offers strong rental potential in one of Maine's most desirable and consistently growing markets. Located just minutes from downtown, the Old Port, restaurants, amenities, and major commuter routes, this property attracts high-quality tenants and ensures steady demand year-round. With functional layouts and a solid rental history, this building is an ideal addition to any investor's portfolio or a great first acquisition for someone entering the Portland multifamily market, checking all the boxes whether you seek stable cash flow, long-term appreciation, or a value-add opportunity.
MLS® Number1644239
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1875
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 24, 2025List Date
$740,000List Price
  • Commute

Commute

Starting Address
Destination Address
7 Cherry Street, Portland, ME

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