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  • $790,000

    69 Stanford Street, South Portland, ME 04106

    7beds
    2,650sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $786,400 Zestimate®
    $298/sqft
    $2,254 Estimated rent

    Home value

    $786,400

    $692,000 - $889,000

    $2,254/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    EXP Realty

    Bought with:

    Benchmark Real Estate

    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
    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

    Lot
    • Size: 4,356 Square Feet
    Details
    • Parcel number: SPORM006L076C
    • Zoning: FV

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • 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: $298/sqft
    • Tax assessed value: $575,600
    • Annual tax amount: $7,598
    • Date on market: 9/9/2025

    Price history

    DateEventPrice
    12/12/2025Sold$790,000+1.9%$298/sqft
    Source: Maine Listings #1623761 Report a problem
    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
    6/26/2025Price change$800,000-3%$302/sqft
    Source: Maine Listings #1623761 Report a problem
    6/16/2025Pending sale$825,000$311/sqft
    Source: Maine Listings #1623761 Report a problem
    5/23/2025Listed for sale$825,000$311/sqft
    Source: Maine Listings #1623761 Report a problem

    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%
    2020$5,364 +3.4%$271,600
    2019$5,188 +3.2%$271,600
    2018$5,025 +2.8%$271,600
    2017$4,889 -0.5%$271,600 -2.2%
    2016$4,915 +1.7%$277,700
    2015$4,832 +1.7%$277,700
    2014$4,749 +2.4%$277,700
    2013$4,638 +1.2%$277,700
    2012$4,582 +2.3%$277,700 -0.2%
    2011$4,479 +6.6%$278,200 -2.7%
    2009$4,203 -4.1%$285,900 -8.7%
    2008$4,383 +6.9%$313,100
    2006$4,102 $313,100
    Find assessor info on the county website

    Neighborhood: 04106

    Nearby schools

    GreatSchools rating
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    $786,400
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    With Zillow Showcase(estimated)
    $802,128