| Up North Realty Maine

69 Stanford Street, South Portland, ME 04106

$790,000
Property Type: Multi-Family Baths: 3 Square Footage: 2,650 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $790,000 List Date: 9/09/2025 Last Modified: 12/12/2025

Overview

Description

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 yo ...

Listing Details MLS# 1623761

Location Information

Street #
69
Street Name
Stanford
Street Type
Street
County
Cumberland
Town
South Portland
State/Province
ME
Zip Code
04106
Leased Land
No
Book
29043
Page
211 - 212all
Map
006
Lot
076/C
Zoning
FV
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
7598
Tax Year
2024
Tree Growth Y/N
No

Contract Information

Original List Price
825000

Property Information

Surveyed
Unknown
Seasonal
No
Owner Occupied
No
Number of Units
3
Total Baths
3
Total Full Baths
3
Year Built
1900
SqFt Finished Above Grade
2650
SqFt Finished Total
2650
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.1
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0

Status Change Info

Pending Date
2025-11-10
Closed Date
2025-12-12
Closed Price
790000

Water Info

Water Frontage
No
Water View
No

Units

# of 1 BD Units
Yes
# of 3 BD Units
2

More Information

Unit 1

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
6
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
Yes
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Unit 2

Lease
No
Level
Second
Security Deposit
No
# Full Baths
Yes
# of Rooms
7
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
Yes
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Unit 3

Lease
Yes
Level
Third
Security Deposit
Yes
Monthly Rent
1500
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
Yes
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Utilities

Utilities On
Yes

Sold Info

Appraiser Email Address
jake.oceanside@outlook.com

Site

Level
Yes

Location

Near Town
Yes

Roads

Paved
Yes
Public
Yes

Style

Colonial
Yes

Construction

Wood Frame
Yes

Basement

Full
Yes
Unfinished
Yes

Exterior

Vinyl Siding
Yes

Roof

Shingle
Yes

Heat System

Direct Vent Heater
Yes

Heat Fuel

Gas Natural
Yes

Income & Expenses

Gross Income
75180
Operating Expenses
13495

Cooling

None
Yes

Floors

Carpet
Yes
Vinyl
Yes
Wood
Yes

Parking

5 - 10 Spaces
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - On Site
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Gravel
Yes

Basement Entry

Interior
Yes

Water Heater

Electric
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Level Location: Near Town Roads: Paved; Public Style: Colonial Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Exterior: Vinyl Siding Roof: Shingle Heat System: Direct Vent Heater Heat Fuel: Gas Natural Water Heater: Electric Cooling: None Floors: Carpet; Vinyl; Wood Driveway: Gravel Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: EXP Realty
IDX
Last Updated: December - 12 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.