6-8 St Lawrence St

Portland, ME 04101

$1,345,000
Price
10
Beds
3,304 Sq. Ft.
$407 / Sq. Ft.
3,304
Sq. Ft.
$407
per Sq. Ft.
Get preapproved with Rocket Mortgage1
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Description

Investor Opportunity on Munjoy Hill | Fully Leased 4-Unit Asset | 2 Buildings | Partial Casco Bay Views
Rare opportunity to acquire a fully leased four-unit, two-building investment property in Portland's highly desirable Munjoy Hill neighborhood. Situated on a single lot with partial Casco Bay views from every unit, this 10-bedroom, 3,000+ SF property offers stable in-place income, strong tenant demand, and long-term upside in one of the city's most sought-after locations. All four units are leased...Investor Opportunity on Munjoy Hill | Fully Leased 4-Unit Asset | 2 Buildings | Partial Casco Bay Views
Rare opportunity to acquire a fully leased four-unit, two-building investment property in Portland's highly desirable Munjoy Hill neighborhood. Situated on a single lot with partial Casco Bay views from every unit, this 10-bedroom, 3,000+ SF property offers stable in-place income, strong tenant demand, and long-term upside in one of the city's most sought-after locations. All four units are leased at full market rates, providing immediate cash flow. The property has been owned and thoughtfully improved over the past 19 years, with major capital upgrades that enhance value and reduce near-term expense exposure, including new roofs on both buildings, updated kitchens and baths, casement windows, heating improvements, fresh paint, and newer carpeting. The unit mix is highly rentable and offers broad appeal. The two lower units each feature 2BR/1BA layouts above grade plus finished basement space ideal for an additional bedroom, office, family room, or bonus area. The two upper units offer bright 2BR/1BA layouts with strong natural light and bay-view outlooks. Three of the four units include in-unit laundry, with potential to add laundry to the fourth unit. Outdoor amenities further support tenant demand, including private garden spaces for both buildings and balcony decks for the upper units. On-street parking is readily available on St. Lawrence and Fore Street plus one on-site space. Parking garages close-by provide space during snow bans. The location adds to the investment story, just minutes from the Eastern Prom, Downtown Portland, and the Roux Institute at Northeastern University. Munjoy Hill's walkable mix of cafés, restaurants, shops, waterfront access, and park land continues to support strong rental demand and long-term appreciation. A stabilized, turnkey multi-unit property with views, meaningful upgrades and full market-rate occupancy.
  1. Listed by Deborah Meek • Keller Williams Realty • 207-553-2662

Property Details for 6-8 St Lawrence Street

Waterfront
No
ArchitecturalStyle
Other
Garage Spaces
.00
Garage
No
Zoning
RN-4
Subdivision Name
Munjoy Hill
LISTING UPDATED: 03/20/2026 02:38 PM

Property Details for 6-8 St Lawrence Street

StatusActive
MLS #1651128
Days on Market53
Taxes$14,027 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1983
Lot Size0.07 AC / 3,049 SF
CountyCumberland County
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Location

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Building Information for 6-8 St Lawrence Street

Stories2Residences4Year Built1983Building Size-Lot Size0.07 AC / 3,049 SF

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$7,696 per month

30 year fixed, 6.11% Interest

Principal and Interest

$6,527

Property Taxes

$1,169

HOA Dues

$0

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Property Information for 6-8 St Lawrence Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • Zip Code: 4316
  • Directions: Congress or Eastern Promenade to St Lawrence Street. 6-8 St Lawrence Street are the two multi-families immediately on turning onto St Lawrence Street when coming from Fore St. Sign on property. Parking on street readily available.
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04101
  • County: Cumberland
  • Geo Latitude: 43.663755
  • Geo Longitude: -70.244245
  • Tax Lot: 10-11
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Site:Well Landscaped: Yes
  • Location:Intown: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Neighborhood: Yes
  • Transportation:Major Road Access: Yes
  • Transportation:Near Airport: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:Public: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Paved, On Site, On Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 246888
  • Tax Block: J
  • Tax Map Number: 16
  • Tax Year: 25
  • Parcel Number: PTLD-000016-J000010-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $14,027.00
School Information
  • School District: Portland Public Schools
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Water Heater:Rented: Yes
  • Water Heater:Tank: Yes
Lot Information
  • SqFt Finished Below Grade: 700.0
  • SqFt Finished Above Grade: 2604.0
  • Lot Size Acres: 0.07
  • Source of Acreage: Appraiser
  • Building Area Total: 3304.0
  • Lot Size Area: 0.07
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3049.2
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Street Number: 68
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: Yes
  • Property Information:Acreage Other Source: Public Records
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Sand
  • Property Information:Source of Road Frontage: Public Records
  • Property Information:Other Source of Square Footage: Public Records Maine House and Estimated Basement
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1983
Utilities
  • Electric: True
  • Sewer: Yes
  • Water Source: Public
  • Other Equipment: Internet Access Available, Cable
  • Utilities:Utilities On: Yes
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Interior, Walk-Out Access, Brick/Mortar, Finished, Full
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Features: 1st Floor Bedroom, Bathtub, Shower, Storage
  • Cooling: None
  • Heating: Direct Vent Heater, Baseboard
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Laundry Features: Washer Hookup
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $109,404.00
  • Operating Expenses: $32,595.00
Multi-Family Information
  • Number of Units: 4
  • Building Info:# Fireplaces: 0
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
  • Building Info:# Heating Units: 6
  • Building Info:# Water Heaters: 4
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $2,350.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • 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: No
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,730.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • 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: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: First
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $2,800.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 5.00
  • 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
  • Unit 4:Lease: Yes
  • Unit 4:Level: Second
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 4.00
  • 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
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 2
  • Units:# of 4+ BD Units: 0

Property History for 6-8 St Lawrence Street

DateEvent & SourcePriceAppreciation
Mar 16, 2026

Price Change

Maine Listings #1651128

$1,345,000—
Feb 8, 2026

Price Change

Maine Listings #1651128

$1,395,000—
Feb 4, 2026

Listed (Active)

Maine Listings #1651128

$1,595,000—
Feb 28, 2007

Sold

Maine Listings #824911

$437,500—
Feb 7, 2007

Pending

Maine Listings #824911

—
Feb 2, 2007

Active Under Contract

Maine Listings #824911

—
Nov 27, 2006

Listed (Active)

Maine Listings #824911

$439,900—
Oct 6, 2005

Sold

Maine Listings #753288

$425,000—
Sep 6, 2005

Pending

Maine Listings #753288

—
Sep 2, 2005

Active Under Contract

Maine Listings #753288

—
Jun 27, 2005

Listed (Active)

Maine Listings #753288

$497,000—
DateEvent & SourcePrice
03/16/2026

Price Change

Maine Listings #1651128

$1,345,000
02/08/2026

Price Change

Maine Listings #1651128

$1,395,000
02/04/2026

Listed (Active)

Maine Listings #1651128

$1,595,000
02/28/2007

Sold

Maine Listings #824911

$437,500
02/07/2007

Pending

Maine Listings #824911

—
02/02/2007

Active Under Contract

Maine Listings #824911

—
11/27/2006

Listed (Active)

Maine Listings #824911

$439,900
10/06/2005

Sold

Maine Listings #753288

$425,000
09/06/2005

Pending

Maine Listings #753288

—
09/02/2005

Active Under Contract

Maine Listings #753288

—
06/27/2005

Listed (Active)

Maine Listings #753288

$497,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 6-8 St Lawrence Street

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
East End Community School
Public - PK to 5
King Middle School
Public - 6 to 8
Portland High School
Public - 9 to 12
Deering High School
Public - 9 to 12
Rating
School
Distance
East End Community School
PublicPK to 5

King Middle School
Public6 to 8

Portland 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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More information about 6-8 St Lawrence Street, Portland, ME 04101

6-8 St Lawrence Street is a multi-family home for sale in Portland, ME 04101. This property was listed for sale on February 4, 2026 by Keller Williams Realty, it's currently listed at $1,345,000. It has been on the market for a total of 53 days and was last sold on February 28, 2007. This listing's school district is Portland Public Schools. Nearby schools include East End Community School, King Middle School and Portland High School. 6-8 St Lawrence Street is a 10-bed, 4-bath, 3,304 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.