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Beth Thibault
REALTOR®
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115 Clark Street, Portland, ME 04102

$1,049,000
  • Main Photo

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Active
BATHS3 full SQUARE FEET2,784 MLS#1685200
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

SELLER FINANCING AVAILABLE! An exceptional opportunity to own a beautifully maintained, income-producing three-unit property in Portland's highly desirable West End. Whether you're an investor looking for an established rental property or a future owner-occupant seeking the benefits of rental income, 115 Clark Street offers a rare combination of location, quality, and flexibility. Pride of ownership is evident throughout, with thoughtfully updated interiors, inviting living spaces, and three distinctive residences that offer character, comfort, and functionality. The property is fully occupied with established tenants, generating $91,500 in current annual rental income. Each residence offers its own appeal, including two units with loft spaces, a furnished apartment, and two outdoor decks. Five off-street parking spaces are a standout advantage in this sought-after neighborhood, complemented by shared on-site laundry and a convenient location just moments from the restaurants, coffee shops, galleries, and vibrant cultural scene that make Portland's West End so desirable. For investors, the property offers established income, documented operating expenses, and potential rental upside. For buyers dreaming of living in Portland while building equity, the three-unit configuration presents an appealing future owner-occupancy opportunity, subject to existing tenancy arrangements. Opportunities combining this level of care, an exceptional West End location, five off-street parking spaces, and available seller financing don't come along every day. Live in it, invest in it, or make it part of your long-term portfolio. 115 Clark Street is ready for its next chapter.

115 Clark Street | MLS# 1685200

This multi-family property located at 115 Clark Street, Portland, ME 04102 is currently listed for sale with an asking price of $1,049,000. Search Portland real estate on beththibault.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bulkhead, Interior Entry, Sump Pump, Unfinished
Heating: Gas Natural, Oil, Baseboard, Forced Air, Hot Water, Zon
Home Style: Other
Lot Size: 0.07 Acres
Roof Type: Shingle
Taxes: $11,679
Year Built: 1884

Feature Descriptions

Amenities: Main Level, Laundry - Coin, Security System
Electric: Circuit Breakers
Exterior: Wood Frame, Asbestos, Wood Siding
Flooring: Carpet, Tile, Wood
Lot: Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Corner Lot, Level, Landscaped
Parking: Common, Paved,5 - 10 Spaces, Off Site
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 2784
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: Signature Homes Real Estate Group, LLC
Agent Name: Katherine Az Ashley Lutkoff
Agency Phone: 207-885-0500

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Shown By

Agent Name: Beth Thibault
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 3,613.83 per month $2,334.62 Principal & Interest $973.25 Property Tax $305.96 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/08/2026. The listing information on this page last changed on 11/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 11/08/2026 12:02:22 AM EST) or MLSPIN MLS (last updated Sat 11/07/2026 11:38:35 PM EST) or Prime MLS (last updated Sat 11/07/2026 11:33:23 PM EST) or MREIS (last updated Sat 11/07/2026 11:55:20 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



Listing data is derived in whole or in part from the Maine IDX & 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.

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Agency License Information: Better Homes and Gardens® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Corporation and licensed to Better Homes and Gardens Real Estate LLC. The Masiello Group Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC nor any of its affiliated companies.


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