238 Preble Street, South Portland, ME 04106

South Portland
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
238 Preble Street,South Portland, ME 04106
$1,195,000
  • - Beds
  • 4 Baths
  • 3,812 sq. ft.
  • Multi-family
  • Active
Listed by: hugh o'shea
Office: cottage & co real estate
MLS#:1661201
Source:ME_MREIS

Price summary

  • Price:$1,195,000
  • Price per sq. ft.:$313.48

About this home

Located in the highly desirable Willard Beach neighborhood of South Portland, 238 Preble Street presents a rare opportunity to own a well-maintained 4-unit investment property just moments from the beach and vibrant Willard Square. Each spacious unit offers 2 bedrooms and 1 bathroom, providing strong rental appeal in one of Southern Maine's most sought-after coastal communities. Three of the four units have been fully renovated, featuring updated kitchens, baths, flooring, and modern finishes while maintaining the property's classic New England charm. Tenants enjoy easy access to Willard Beach, local restaurants, coffee shops, markets, and downtown Portland just minutes away. Whether you're looking to expand your portfolio or owner-occupy with additional rental income, this property combines location, lifestyle, and investment potential in an exceptional package.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1970
  • Listing ID #:1661201
  • Updated:May 09, 2026 at 03:08 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Vinyl
  • Bathrooms Description:Bathtub
  • Living area:3,812 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Gas Natural, Space Heater

Structure and exterior

  • Year built:1970
  • Building area:3,812 sq. ft.
  • Lot area:0.28 Acres
  • Lot Features:Corner Lot, Level, Near Country Club, Near Public Beach, Near Public Transit, Near Town, Neighborhood, Open, Suburban
  • Construction Materials:Aluminum Siding, Wood Frame
  • Foundation Description:Poured Concrete, Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,195,000
  • Price per sq. ft.:$313.48
  • Tax amount:$11,720 (2025)

Features and amenities

  • Amenities:One-Floor Living

Parking

  • Parking description:5 - 10 Spaces, Common, On Site, Paved
MLS LogoMREIS Multiple Listing Service™ systemListing 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

New listings near 238 Preble Street