238 Preble ST, South Portland, ME 04106
238 Preble ST, South Portland, ME 04106
238 Preble ST, South Portland, ME 04106
238 Preble ST, South Portland, ME 04106
238 Preble ST, South Portland, ME 04106
238 Preble ST, South Portland, ME 04106
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Listed by Hugh O'Shea Cottage & Co Real Estate
$ 1,195,000
Est. payment | /mo

4 Baths

3,812 SqFt


Save
$ 1,195,000
Est. payment | /mo
Save

4 Baths

3,812 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,812 sqft

Price per Sqft $313

MLS Listing ID 1661201

Full Baths 4

HOA Y/N No

Year Built 1970

Tax Year 2025

Lot Size 0.280 Acres

Acres 0.28

Source Maine Listings

Land Area 3812

Property Description

Located in the highly desirable Willard Beach neighborhood of South Portland, 238 Preble Street presents a rare opportunity to own a well-maintained 4-unit investment property just moments from the beach and vibrant Willard Square. Each spacious unit offers 2 bedrooms and 1 bathroom, providing strong rental appeal in one of Southern Maine's most sought-after coastal communities. Three of the four units have been fully renovated, featuring updated kitchens, baths, flooring, and modern finishes while maintaining the property's classic New England charm. Tenants enjoy easy access to Willard Beach, local restaurants, coffee shops, markets, and downtown Portland just minutes away. Whether you're looking to expand your portfolio or owner-occupy with additional rental income, this property combines location, lifestyle, and investment potential in an exceptional package.

Location

State ME

County Cumberland

Zoning G

Direction Located at the corner of Surfsite Rd and Preble St.

Rooms

Other Rooms Shed(s)

Basement Not Applicable, Slab

Interior

Heating Electric, Gas Natural, Baseboard, Zoned, Space Heater

Cooling None

Flooring Carpet, Vinyl, Luxury Vinyl

Window Features Double Pane Windows

Exterior

Parking Features 5 - 10 Spaces, On Site, Paved

Utilities Available Utilities On

Roof Type Pitched,Shingle

Garage No

Building

Lot Description Near Public Transit

Foundation Poured Concrete

Water Public

Architectural Style Split Level

Schools

School District South Portland Public Schools

Others

Tax ID SPOR-000005-000000-000098

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Maine MLS (MREIS) IDX

Schools and Properties Nearby

Daniel Picard

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238 Preble ST