10 Deane ST, Portland, ME 04102
10 Deane ST, Portland, ME 04102
10 Deane ST, Portland, ME 04102
10 Deane ST, Portland, ME 04102
10 Deane ST, Portland, ME 04102
10 Deane ST, Portland, ME 04102
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Listed by Tyler Stewart Elevate Maine Realty
$ 775,000
Est. payment | /mo

4 Baths

3,346 SqFt


Save
$ 775,000
Est. payment | /mo
Save

4 Baths

3,346 SqFt

Open House

Sun Jul 12, 1:00pm - 3:00pm

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,346 sqft

Price per Sqft $231

MLS Listing ID 1670588

Full Baths 3

HOA Y/N No

Year Built 1900

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Source Maine Listings

Land Area 3346

Property Description

Oversized units, strong cash flow, and an unbeatable Portland location--10 Deane Street is the kind of multifamily opportunity that's becoming increasingly difficult to find.

Situated in Portland's highly desirable Oakdale neighborhood, this duplex offers exceptional flexibility for both investors and owner-occupants. Unit 1 features 3 bedrooms and 1.5 bathrooms, while the expansive second unit offers 4-5 bedrooms and 2 full bathrooms across two levels--a rare layout that stands out in today's market.

Generating over $60,000 in annual Net Operating Income, the property is fully occupied by long-term tenants-at-will, providing immediate income with the flexibility to execute your own long-term strategy. While the units have been well lived in, they present an excellent opportunity to build additional equity through future cosmetic updates as turnover occurs.

Just minutes from the University of Southern Maine, Maine Medical Center, Hadlock Field, Fitzpatrick Stadium, Deering Oaks Park, downtown Portland, and countless local restaurants, breweries, and shops, the location continues to support strong long-term rental demand and exceptional quality of life.

Whether you're looking to expand your portfolio or offset your mortgage with rental income while living in one of Portland's most sought-after neighborhoods, this is an opportunity you won't want to miss.

**Open Houses:** Saturday, July 11 from 11:00 AM-1:00 PM and Sunday, July 12 from 1:00 PM-3:00 PM.

Location

State ME

County Cumberland

Zoning R5

Direction GPS

Rooms

Basement Interior Entry, Full, Unfinished

Interior

Heating Oil, Baseboard, Hot Water

Cooling None

Flooring Vinyl, Wood

Furnishings Unfurnished

Window Features Double Pane Windows

Exterior

Parking Features Common, On Street

Roof Type Shingle

Porch Porch

Garage No

Building

Lot Description Intown, Near Turnpike/Interstate, Neighborhood, Level, Open Lot, Sidewalks, Near Public Transit

Story 3

Foundation Poured Concrete

Water Public

Architectural Style New Englander

Level or Stories 3

Others

Tax ID PTLD-000066A-C000004-000001

Maine MLS (MREIS) IDX

Nearby Locations

Colleen Lundgren, M.S.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 671-6026

colleen@colleenlundgren.com

63 Federal St, Portland, ME, 04101, USA

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10 Deane ST