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

9beds
3baths
3,610sqft
$860,000
$238price/sqft
$5,857/moest. monthly cost
$234,280/yrincome needed

About This Home

Located in the Oakdale section of Portland, Maine, this three-unit property offers a single family home and a duplex on the same lot. 438-440 St John St presents a strong investment opportunity with immediate income. Each unit offers a three-bedroom layout, appealing to a wide range of tenants and supporting consistent demand. The building boasts a solid rental history and is currently fully occupied, providing reliable cash flow from day one. Tenants enjoy comfortable, practical living spaces, and valuable off-street parking - a highly desirable amenity in Portland. Residents benefit from easy access to USM, Hadlock Field, The Expo, Deering Oaks Park, local shops, dining, and transportation options. The property has been well cared for over the years, with an opportunity for the next owner to add value through exterior paint and minor repairs. Whether you're expanding your portfolio or seeking a turnkey multi-family investment with upside potential, this property delivers stability, location, and long-term value. Showings by appointment only, please reach out for additional information.

Getting Around

78
WalkingVery Walkable
50
TransitGood Transit
91
BikeBiker's Paradise

Schools

2/10
King Middle SchoolGrades 6-80.4 mi
2/10
Deering High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Shingle
  • Construction materials: Wood Frame,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Laminate,Tile,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 3,610

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 3,610
  • Total interior livable area: 3,610 sqft

Property

Details

  • Zoning: R5

Lot

  • Lot size: 5,227 sqft
  • Features: City Lot,Level,Sidewalks

Parking

  • Parking features: Common,Paved,5 - 10 Spaces