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3 Baths
3,610 sqft

$860,000

438-440 St. John Street, Portland ME, 04102

Built in1900
Property size3,610 sqft
Property typeMulti-family
Courtesy of Coldwell Banker Realty

Overview

Active

Listed May 11, 2026

Updated 45h ago

This three-unit property near USM offers opportunity and flexibility. A detached single-family home and a duplex on one lot, create a range of possibilities for investors, owner-occupants, and multi-generational living arrangements alike. Each of the three units offers a three-bedroom layout, providing comfortable living spaces that continue to attract strong tenant demand. The property is currently fully occupied with a proven rental history, offering immediate income for investors while presenting future opportunities for an owner-occupant seeking to offset housing costs with rental revenue. Off-street parking adds significant value and convenience, while the highly walkable location places residents just minutes from USM, Hadlock Field, The Expo, Deering Oaks Park, downtown Portland, local restaurants, shopping, and public transportation. Well maintained over the years, the property offers a solid foundation with potential for future value enhancement through cosmetic exterior improvements. Whether you're looking to grow your investment portfolio, establish a foothold in Portland's competitive housing market, or enjoy the benefits of owner-occupied multi-family living, 438-440 St. John Street presents a rare opportunity in a sought-after location.

$5,722/mo

Est. mortgage payment based on a $860,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1661478

Interior Features

Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$9,829
Tax Frequency
Annually
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Listing Contact: 207-282-5988

Listed by Lisa Hughes with Coldwell Banker Realty 207-282-5988

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor James Spear shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 6:51 AM UTC, 10/9/2026

 

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