Investment Opportunity in the Heart of South Portland. Rare opportunity to own a corner-lot property featuring two buildings and multiple potential income-producing uses. The property includes a two-unit duplex plus an additional commercial building, offering an investor the flexibility to explore a variety of possibilities. The duplex features two residential units. The first-floor Unit 1 offers two bedrooms and has benefited from recent updates throughout. Unit 2, located on the second floor, offers one bedroom and is currently being rented for $1550. The adjacent former restaurant space provides additional potential for redevelopment and may offer the opportunity to convert the existing space into an additional residential unit for a potential three-unit property, subject to applicable zoning, permitting, and code requirements. With a desirable corner-lot location in the heart of South Portland, convenient access to local amenities, and multiple potential avenues for future use, this property presents an excellent opportunity for investors, owner-occupants, or developers looking to add value in a sought-after location. Location, location, location!
Active
$549,900
449 Main Street, South Portland, ME 04106
3beds
2,696sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$204/sqft
$-- HOA
What's special
Corner-lot propertyDesirable corner-lot location
- 6 days
- 564
- 25
Zillow last checked:
Listing updated:
Listed by:
EXP Realty
Source: Maine Listings,MLS#: 1679411
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Radiator
Cooling
- None
Features
- 1st Floor Bedroom, Attic
- Flooring: Laminate, Vinyl
- Basement: Interior Entry,Crawl Space,Full,Unfinished
Interior area
- Total structure area: 2,696
- Total interior livable area: 2,696 sqft
- Finished area above ground: 2,696
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Paved, 1 - 4 Spaces, 5 - 10 Spaces, On Site, Off Street, On Street
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Patio & porch: Porch
Lot
- Size: 6,098 Square Feet
- Features: City Lot, Near Shopping, Near Turnpike/Interstate, Neighborhood, Shopping Mall, Corner Lot, Level, Open Lot
Details
- Additional structures: Outbuilding
- Zoning: Residential Zone A
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Block, Poured Concrete
- Roof: Flat,Pitched,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: South Portland
Financial & listing details
- Price per square foot: $204/sqft
- Annual tax amount: $6,123
- Date on market: 9/4/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,655/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $549,900+10.2%$204/sqft |
Source: | ||
| 3/30/2025 | Listing removed | $499,000$185/sqft |
Source: | ||
| 3/18/2025 | Pending sale | $499,000$185/sqft |
Source: | ||
| 3/12/2025 | Price change | $499,000-41.2%$185/sqft |
Source: | ||
| 10/16/2024 | Price change | $849,000+13.4%$315/sqft |
Source: | ||
| 10/16/2024 | Price change | $749,000-11.9%$278/sqft |
Source: | ||
| 8/3/2024 | Price change | $850,000-12.8%$315/sqft |
Source: | ||
| 8/3/2024 | Listed for sale | $975,000$362/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







