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7 Cherry StreetPortland, ME 04102Sale Price: $725,000

  • Sale Price: $725,000
  • 11 Days Since Sale
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Federal 30-year interest rate: 6.09% last updated on Feb 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $725,000Sale Price
  • 3Bathrooms
  • 0.18Acreage
  • 2,923Square Feet
Closed
7 Cherry Street Portland ME 04102
7 Cherry Street Portland ME 04102

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Listed by RE/MAX Oceanside

Sold by Dream Home Realty LLC
Fantastic investment opportunity-a three-unit multifamily property at 7 Cherry Street-offers strong rental potential in one of Maine's most desirable and consistently growing markets. Located just minutes from downtown, the Old Port, restaurants, amenities, and major commuter routes, this property attracts high-quality tenants and ensures steady demand year-round. With functional layouts and a solid rental history, this building is an ideal addition to any investor's portfolio or a great first acquisition for someone entering the Portland multifamily market, checking all the boxes whether you seek stable cash flow, long-term appreciation, or a value-add opportunity.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Coldwell Banker | Sandy River Realty participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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