Map location of 7 Cherry Street, Portland, ME 04102
$740,000
Unlock Price Rating!

7 Cherry Street, Portland, ME 04102

 Contact
- Beds
3 Baths
2,923 Sq Ft
Open House
Open House
More open houses in Portland, ME
Mon, 12/01
1 PM - 3 PM Thu, 12/04
1 PM - 3 PM

Fantastic investment opportunitya three-unit multifamily property at 7 Cherry Streetoffers 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.

Listing by: Douglas Schauf Jr. - RE/MAX Oceanside
Source: Maine Listings, MLS#1644239memreis Realty.com
  • MLS# 1644239
  • Bedrooms -
  • Bathrooms 3 Full baths
  • Lot Size 0.18 acres (7,841 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County Cumberland
  • Year Built 1875
  • Water Public
  • Square Feet 2,923 sq. ft

Interior Features

  • Flooring Laminate
  • Cooling None
  • Heating Hot Water, Baseboard

Exterior / Lot Features

  • Roof Shingle
  • Lot Size Acres 0.18
  • Lot Size SQFT 7,840.80
  • Lot Features Level, Near Public Transit

Financial Considerations

  • Tax Amount $8,536
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

East End Community School

Public • PK - 5 • Serves this home

2.8 mi

Distance

Presumpscot School

Public • PK - 5

3.02 mi

Distance

Waldo T Skillin Elementary School

Public • PK - 5

3.17 mi

Distance

Amanda C Rowe

Public • PK - 5

3.76 mi

Distance

Gerald E Talbot Community School

Public • PK - 5

5 mi

Distance

Governor Baxter School For The Deaf

Public • PK - 12

5.19 mi

Distance

Peaks Island School

Public • PK - 5

5.98 mi

Distance

King Middle School

Public • 6 - 8 • Serves this home

1.04 mi

Distance

Lincoln Middle School

Public • 6 - 8

2.63 mi

Distance

Memorial Middle School

Public • 6 - 8

2.77 mi

Distance

Daniel F. Mahoney Middle School

Public • 6 - 8

3.37 mi

Distance

Westbrook Middle School

Public • 5 - 8

5.16 mi

Distance

Maine Connections Academy

Public • 7 - 12

5.23 mi

Distance

Lyman Moore Middle School

Public • 6 - 8

5.6 mi

Distance

Cape Elizabeth Middle School

Public • 5 - 8

6.63 mi

Distance

Scarborough Middle School

Public • 6 - 8

6.88 mi

Distance

Wentworth School

Public • 3 - 5

6.88 mi

Distance

Baxter Academy Of Science And Technology

Public • 9 - 12 • Serves this home

1.7 mi

Distance

Portland High School

Public • 9 - 12

1.7 mi

Distance

Deering High School

Public • 9 - 12

2.03 mi

Distance

South Portland High School

Public • 9 - 12

3.56 mi

Distance

Casco Bay High School

Public • 9 - 12

4.6 mi

Distance

Portland Arts & Technology High School

Public • 10 - 12

4.6 mi

Distance

Westbrook Regional Technology Center

Public • 9 - 12

5.86 mi

Distance

Westbrook High School

Public • 9 - 12

5.86 mi

Distance

Cape Elizabeth High School

Public • 9 - 12

7.48 mi

Distance

Scarborough High School

Public • 9 - 12

7.7 mi

Distance

Waynflete School

Private • PK - 12

0.98 mi

Distance

Greater Portland Christian School

Private • PK - 12

2.51 mi

Distance

Cheverus High School

Private • 09 - 12

2.57 mi

Distance

Spurwink School

Private • KG - 12

3.67 mi

Distance

Aucocisco School

Private • 03 - 12

4.16 mi

Distance

Center For Autism And Developmental Disorders

Private • 01 - 12

4.22 mi

Distance

Morrison Center

Private • PK - 12

6.76 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in ME / 04102

Source: Walkscore

83/100

Very Walkable

Walk Score ®

50/100

Good Transit

Transit Score ®

85/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

14 nearby routes: 14 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 34/100, Transit Score: 21/100, Bike Score: 52/100.

Points of Interest near 7 Cherry Street, Portland, ME 04102

Frequently Asked Questions for 7 Cherry Street

Source: Realty.com

7 Cherry Street, Portland, ME 04102 is a Multi Family, Residential Income property listed for $740,000 The property is 2923 sq. ft with - bedrooms and 3 bathrooms

Realty.com has 8 photos of 7 Cherry Street.

Our records indicate that 7 Cherry Street was built in 1875.

The full address for this home is 7 Cherry Street, Portland, ME 04102.

7 Cherry Street has been listed on Realty.com since Fri November 14, 2025

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 34/100, Transit Score: 21/100, Bike Score: 52/100.

There are 3 schools assigned to this home. Check out the schools near 7 Cherry Street. East End Community School (Grades: PK - 5), King Middle School (Grades: 6 - 8), Baxter Academy Of Science And Technology (Grades: 9 - 12)

This content last refreshed on 2025-11-26 20:34:49. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 7 Cherry Street, Portland, ME 04102 : MLS# 1644239

Message
Tour
Chat