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2 Baths
2,467 sqft

$869,000

347 Ocean Street, South Portland ME, 04106

Built in1900
Property size2,467 sqft
Property typeMulti-family
Courtesy of Portside Real Estate Group

Overview

Closed

Listed Apr 1, 2025

Updated Jun 9

Welcome to 347 Ocean Street - A Turn-Key Gem in South Portland! This impeccably maintained 2-unit property is your golden opportunity to own a versatile, move-in-ready home in one of South Portland's most convenient and desirable locations. Whether you're looking to live in one unit and rent the other, or seeking a smart investment with strong rental potential, this property checks every box. Both spacious apartments have been thoughtfully upgraded with gleaming hardwood floors, stunning cherry cabinetry, granite countertops, and sleek stainless steel appliances. Each unit includes its own in-unit washer and dryer for maximum convenience. Modern living meets high efficiency with individual Navien natural gas boilers, just four years old, delivering both heat and hot water with exceptional energy savings. The 3-bedroom unit is perfect for an owner-occupant seeking space and style, while the already-leased 2-bedroom unit offers instant income. A roomy side yard with raised garden beds offers space for outdoor enjoyment, and the one-car garage with an additional workshop/storage room is a rare and valuable bonus. Enjoy a short stroll to Mill Creek's shops and restaurants, easy access to the Greenbelt Trail, Bug Light Park, and nearby Willard Beach. Best of all, Portland's vibrant Old Port is less than 10 minutes away! Don't miss your chance to own this beautifully updated, income-producing property in the heart of South Portland!

Additional information

MLS® ID
1617609

Interior Features

Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.59 Acres

Other Property Details

Taxes
$8,057
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listing Contact: 207-831-9471

Bought with Portside Real Estate Group and Listed by Andrew Snyder with Portside Real Estate Group 207-831-9471

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waypoint Brokers Collective shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 3:19 PM UTC, 6/9/2026

 

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