AnnCastonguay

135 Ocean Street , South Portland, ME 04106

$775,000
  • 135 Ocean Street , South Portland, ME 04106 Main Photo

33 Total Photos [Click to View All]

New to the Market Active
BEDS0 BATHS3 full SQUARE FEET2,583 MLS#1673414
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

135 Ocean Street -- Prime investment in Knightville. This well-maintained mixed-use building on one of South Portland's most sought-after blocks presents a rare opportunity for stable income and long-term growth. The property includes two residential units and a first-floor commercial space, all currently occupied by long-term tenants. The commercial tenant operates a medical cannabis business and has been in place for seven years, providing a dependable anchor for the building. Located in the heart of the neighborhood's activity and close to transit, shops and services, this property is an attractive option for an investor seeking steady cash flow and future upside.GROUP SHOWINGS: Tuesday 7/28, 1:30 - 2:30 and Thursday 7/30, 1:30 - 2:30

135 Ocean Street | MLS# 1673414

This multi-family property located at 135 Ocean Street , South Portland, ME 04106 is currently listed for sale with an asking price of $775,000. Search South Portland real estate on acastonguay.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Interior Entry, Full, Unfinished
Basement: Yes
Heating: Gas Natural, Direct Vent Heater
Home Style: Other
Lot Size: 0.11 Acres
Roof Type: Flat, Membrane
Taxes: $7,223
Year Built: 1900

Feature Descriptions

Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Tile, Vinyl, Wood
Foundation: Block, Slab, Brick/Mortar
Lot: Business District, Intown, Near Shopping, Neighborhood, Level, Open Lot, Sidewalks, Landscaped
Parking: Paved,5 - 10 Spaces, On Site, Off Street
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 2583
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: Portside Real Estate Group
Agency Phone: 207-619-7571

Shown By

Agent Name: Ann Castonguay
Agent Phone: (207) 242-1464
Agency Title: Sprague and Curtis Real Estate

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,552.77 per month $1,724.81 Principal & Interest $601.92 Property Tax $226.04 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/25/2026. The listing information on this page last changed on 07/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/25/2026 7:19:15 PM EST) or MREIS (last updated Sat 07/25/2026 7:15:27 PM EST). Real estate listings held by brokerage firms other than Sprague and Curtis Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



Listing data is derived in whole or in part from the Maine IDX & 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.

Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel