Closed

$1,400,000

280 Lincoln Street, South Portland, ME 04106

10beds

9,854sqft

Multi Family

Built in 1900

-- sqft lot

$1,469,600 Zestimate^®

$142/sqft

$2,631 Estimated rent

Home value

$1,469,600

Estimated sales range

Not available

$2,631/mo

Zestimate^® history

Owner options

List your home for rent

$2,631/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,631/mo

Rent Zestimate^®

Refinance and save

$7,062/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$7,062/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Located in South Portland's Ligonia neighborhood, this is a unique opportunity to purchase a turnkey 7-unit residential apartment building and a 5,582 SF flex building, currently with 7-commercial tenants. The apartment building is in great condition, with many renovated units, two newer boilers, a brand-new deck, fresh paint and replacement windows. The flex building is divided into 7 studios/workshops, currently occupied by long term artists and ''maker'' tenants on an at-will basis. The owner occupies one of the commercial units as a workshop and can either remain as a tenant or vacate for a new owner. This property is ideal as a fully occupied investment or for an owner-user seeking shop space while offsetting occupancy costs with rental income.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 7
Full bathrooms: 7

Heating

Baseboard

Cooling

None

Features

Flooring: Concrete, Laminate
Basement: Interior Entry,Unfinished

Interior area

Total structure area: 9,854
Total interior livable area: 9,854 sqft
Finished area above ground: 9,854
Finished area below ground: 0

Property

Parking

Parking features: Gravel, Paved, 11 - 20 Spaces

Features

Levels: Multi/Split

Lot

Size: 0.69 Acres
Features: Near Turnpike/Interstate, Near Town, Level, Open Lot

Details

Zoning: A

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Clapboard, Vinyl Siding, Wood Siding
Roof: Flat,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: $142/sqft
Annual tax amount: $13,892
Date on market: 8/7/2024
Road surface type: Paved

Price history

Date	Event	Price
2/23/2025	Listing removed	$2,200
Source: Zillow Rentals Report a problem
2/16/2025	Listed for rent	$2,200
Source: Zillow Rentals Report a problem
1/31/2025	Sold	$1,400,000-5.1%$142/sqft
Source: Maine Listings #1599566 Report a problem
11/5/2024	Pending sale	$1,475,000$150/sqft
Source: Maine Listings #1599566 Report a problem
10/15/2024	Price change	$1,475,000-6.3%$150/sqft
Source: Maine Listings #1599566 Report a problem
8/7/2024	Listed for sale	$1,575,000-12.5%$160/sqft
Source: Maine Listings #1599566 Report a problem
7/23/2021	Listing removed	--
Source: Maine Listings #1495453 Report a problem
6/29/2021	Price change	$1,800,000-2.7%$183/sqft
Source: Maine Listings #1495453 Report a problem
6/9/2021	Listed for sale	$1,850,000$188/sqft
Source: Maine Listings #1495453 Report a problem