142 Sherman St
Description
offering stable in-place income in one of the city's most sought-after residential neighborhoods. The property benefits from a walkable location just minutes from downtown, the Peninsula, and major commuter routes. The building features a functional unit mix with consistent occupancy, supported by strong rental demand in the surrounding area. The property has been well maintained...Positioned in Portland's desirable Parkside Neighborhood, 142 Sherman Street is a fully occupied four-unit investment property
offering stable in-place income in one of the city's most sought-after residential neighborhoods. The property benefits from a walkable location just minutes from downtown, the Peninsula, and major commuter routes. The building features a functional unit mix with consistent occupancy, supported by strong rental demand in the surrounding area. The property has been well maintained and improved over time, with a series of updates
to both unit interiors and key building systems, contributing to overall efficiency, condition, and long-term reliability. Tenants enjoy convenient access to local shops, restaurants, and services, supporting strong retention and continued demand.
- Listed by Joseph Atwood • The Dunham Group
Property Details for 142 Sherman Street
Property Details for 142 Sherman Street
| Status | Active |
|---|---|
| MLS # | 1661644 |
| Days on Market | 29 |
| Taxes | $8,771 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1889 |
| Lot Size | 0.12 AC / 5,227 SF |
| County | Cumberland County |
Location
Building Information for 142 Sherman Street
Payment Calculator
$5,460 per month
30 year fixed, 6.36% Interest
$4,729
$731
$0
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1Property Information for 142 Sherman Street
- Road Surface Type: Paved
- Zip Code: 5212
- Town: Portland
- State/Province: ME
- Zip Code: 04101
- County: Cumberland
- Geo Latitude: 43.655013
- Geo Longitude: -70.272439
- Tax Lot: 2-3
- Site:Other Site: Yes
- Site:Sidewalks: Yes
- Location:Intown: Yes
- Location:Near Shopping: Yes
- Construction: Wood Frame
- Road Frontage: false
- Water View2: No
- Tree Growth YN2: false
- Parking Features: Paved, 5 - 10 Spaces
- Attached Garage: No
- Parking: 5 - 10 Spaces
- Tax Book Number: 40436
- Tax Block: E
- Tax Map Number: 48
- Tax Year: 2025
- Parcel Number: PTLD-000048-E000002-000001
- Location Information:Association Y/N: No
- Tax Annual Amount: $8,770.56
- Water Heater:Electric: No
- Water Heater:Off Heating System: Yes
- Water Heater:Other Water Heater: Yes
- Water Heater:Tank: Yes
- Heat Fuel: Gas Natural
- Heat System: Baseboard, Direct Vent Heater, Hot Water
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 3578.0
- Lot Size Acres: 0.12
- Source of Acreage: Public Records
- Building Area Total: 3578.0
- Lot Size Area: 0.12
- Lot Size Units: Acres
- Lot Size Square Feet: 5227.2
- Bathrooms Full: 4
- Bathrooms Half: 0
- Street Number: 142
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Total Half Baths: .00
- Property Information:Color: Gray
- Driveway:Paved: Yes
- Driveway: Paved2
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1889
- Electric: Circuit Breakers, Fuses
- Sewer: Yes
- Water Source: Public
- Utilities:Utilities On: No
- Gas:Natural - At Street: Yes
- Water Heater: Off Heating System, Other Water Heater, Tank
- Construction Materials: Wood Frame, Other Exterior
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
- Vehicle Storage: No Vehicle Storage
- Basement Entry: Doghouse, Interior
- Basement: Daylight, Finished, Full
- Flooring: Carpet, Laminate, Wood
- Cooling: None
- Heating: Gas Natural, Baseboard, Direct Vent Heater, Hot Water
- Bathrooms Total (Integer): 4
- Bathrooms Total (Decimal): 4.00
- Bathrooms Total (Notational): 4.00
- Cooling YN: No
- Heating YN: Yes
- Levels: Multi-Level
- Gross Income: $101,800.00
- Operating Expenses: $30,371.52
- Gross Income: $101,800.00
- Operating Expenses: $30,371.52
- Number of Units: 4
- Unit 1:Lease: Yes
- Unit 1:Level: Basement
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $1,890.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 6.00
- Unit 1:# of Bedrooms: 3.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: Yes
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: Yes
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
- Unit 2:Lease: Yes
- Unit 2:Level: First
- Unit 2:Monthly Rent: $2,000.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 6.00
- Unit 2:# of Bedrooms: 3.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: Yes
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: Yes
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
- Unit 3:Lease: Yes
- Unit 3:Level: Second
- Unit 3:Monthly Rent: $2,500.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 6.00
- Unit 3:# of Bedrooms: 3.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: Yes
- Unit 3:Dedicated Water Heater: Yes
- Unit 3:Electric: No
- Unit 3:Heat: Yes
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
- Unit 4:Lease: Yes
- Unit 4:Level: Third
- Unit 4:Monthly Rent: $1,850.00
- Unit 4:# Full Baths: 1.00
- Unit 4:# Half Baths: .00
- Unit 4:# of Rooms: 5.00
- Unit 4:# of Bedrooms: 2.00
- Unit 4:Dedicated Electric Meter: Yes
- Unit 4:Dedicated Gas Meter: Yes
- Unit 4:Dedicated Water Heater: Yes
- Unit 4:Electric: No
- Unit 4:Heat: Yes
- Unit 4:Range: Yes
- Unit 4:Refrigerator: Yes
- Unit 4:Water: Yes
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 1
- Units:# of 3 BD Units: 3
- Units:# of 4+ BD Units: 0
Property History for 142 Sherman Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 8, 2026 | Listed (Active) Maine Listings #1661644 | $949,000 | — |
| Feb 28, 2013 | Sold Maine Listings #1052288 | $387,500 | — |
| Jan 16, 2013 | Pending Maine Listings #1052288 | — | |
| Jan 15, 2013 | Active Under Contract Maine Listings #1052288 | — | |
| May 8, 2012 | Listed (Active) Maine Listings #1052288 | $419,900 | — |
| Jan 22, 2012 | Expired Maine Listings #1033307 | $439,900 | — |
| Oct 22, 2011 | Listed (Active) Maine Listings #1033307 | $439,900 | — |
| May 21, 2004 | Sold Maine Listings #662297 | $410,000 | — |
| Apr 16, 2004 | Pending Maine Listings #662297 | — | |
| Apr 16, 2004 | Active Under Contract Maine Listings #662297 | — | |
| Nov 14, 2003 | Listed (Active) Maine Listings #662297 | $465,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/08/2026 | Listed (Active) Maine Listings #1661644 | $949,000 |
| 02/28/2013 | Sold Maine Listings #1052288 | $387,500 |
| 01/16/2013 | Pending Maine Listings #1052288 | — |
| 01/15/2013 | Active Under Contract Maine Listings #1052288 | — |
| 05/08/2012 | Listed (Active) Maine Listings #1052288 | $419,900 |
| 01/22/2012 | Expired Maine Listings #1033307 | $439,900 |
| 10/22/2011 | Listed (Active) Maine Listings #1033307 | $439,900 |
| 05/21/2004 | Sold Maine Listings #662297 | $410,000 |
| 04/16/2004 | Pending Maine Listings #662297 | — |
| 04/16/2004 | Active Under Contract Maine Listings #662297 | — |
| 11/14/2003 | Listed (Active) Maine Listings #662297 | $465,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 142 Sherman Street
Schools near 142 Sherman Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Howard C Reiche Community School PublicPK to 5 | ||
King Middle School Public6 to 8 | ||
Casco Bay High School Public9 to 12 | ||
Deering High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of The Dunham Group
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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
