69 Stanford Street in South Portland is a smart, flexible investment in one of Southern Maine's most sought-after rental locations. This well-maintained three-unit property offers strong income potential with separate electric, heat, and hot water utilities for each unit—keeping operating costs low and returns strong. Units 1 and 2 are refreshed and move-in ready, giving owner-occupants the option to live in one unit while collecting rent from the others or allowing investors to place quality tenants on their own terms. Each of these units is estimated to earn between $2,400 and $2,700 per month, offering immediate upside. Unit 3 is currently occupied, providing dependable rental income from day one. The property includes both off-street and on-street parking and features a coin-operated washer and dryer for added revenue. Its location is unbeatable—just minutes to downtown Portland, Willard Beach, and South Portland's favorite restaurants, coffee shops, and local spots. Whether you're building your portfolio or looking for a home that helps pay the bills, this property offers a rare mix of cash flow, long-term value, and lifestyle convenience. With strong tenant appeal and flexible occupancy options, 69 Stanford Street stands out as a versatile and high-performing asset in a market known for stability and growth.
Pending
Price cut: $15K (11/3)
$775,000
69 Stanford Street, South Portland, ME 04106
7beds
2,650sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$292/sqft
$-- HOA
What's special
Off-street and on-street parking
- 92 days |
- 50 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: November 11, 2025 at 06:43am
Listed by:
EXP Realty
Source: Maine Listings,MLS#: 1623761
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Direct Vent Heater
Cooling
- None
Features
- Flooring: Carpet, Vinyl, Wood
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 2,650
- Total interior livable area: 2,650 sqft
- Finished area above ground: 2,650
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces
Lot
- Size: 4,356 Square Feet
- Features: Near Town, Level
Details
- Parcel number: SPORM006L076C
- Zoning: FV
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: South Portland
Financial & listing details
- Price per square foot: $292/sqft
- Tax assessed value: $575,600
- Annual tax amount: $7,598
- Date on market: 9/9/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/11/2025 | Pending sale | $775,000$292/sqft |
Source: | ||
| 11/3/2025 | Price change | $775,000-1.9%$292/sqft |
Source: | ||
| 10/6/2025 | Price change | $790,000-1.3%$298/sqft |
Source: | ||
| 9/9/2025 | Listed for sale | $800,000$302/sqft |
Source: | ||
| 7/14/2025 | Listing removed | $800,000$302/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,598 +15.2% | $575,600 +23.4% |
| 2023 | $6,593 +4.3% | $466,300 +14.8% |
| 2022 | $6,320 +17.8% | $406,200 +49.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,922/mo
Principal & interest
$3005
Property taxes
$646
Home insurance
$271
Climate risks
Neighborhood: 04106
Nearby schools
GreatSchools rating
- 9/10Dora L Small Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Daniel F. Mahoney Middle SchoolGrades: 5-8Distance: 1.2 mi
- 6/10South Portland High SchoolGrades: 9-12Distance: 2.4 mi
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