Sign up to get new listings emailed daily! JOIN SIGN IN
Cale Roberts
REALTOR®
VCard Icon 

238 Preble Street, South Portland, ME 04106

$1,195,000
  • Main Photo

41 Total Photos [Click to View All]

Pending
BATHS4 full SQUARE FEET3,812 MLS#1661201
STATUSPending PROPERTY TYPEMulti Unit - Multiple SCHOOLSouth Portland Public Schools

Property Description

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.

238 Preble Street | MLS# 1661201

This multi-family property located at 238 Preble Street, South Portland, ME 04106 is currently listed for sale with an asking price of $1,195,000. Preble Street is located within the South Portland Public Schools school district. Search South Portland real estate on caleroberts.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Not Applicable, Slab
Heating: Electric, Gas Natural, Baseboard, Zoned, Space Heater
Home Style: Split Level
Lot Size: 0.28 Acres
Roof Type: Pitched, Shingle
Taxes: $11,720
Year Built: 1970

Feature Descriptions

Amenities: Bathtub, One-Floor Living
Electric: Circuit Breakers
Exterior: Wood Frame, Aluminum Siding
Flooring: Carpet, Vinyl, Luxury Vinyl
Foundation: Poured Concrete
Lot: Near Country Club, Near Public Beach, Near Town, Neighborhood, Corner Lot, Level, Open Lot, Near Public Transit
Parking: Common, Paved,5 - 10 Spaces, On Site
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 3812
SQ FT Below Grade: 0
Water: Public

Local Schools

School District: South Portland Public Schools

Listed By / Shown By

Listed By

Agency Name: Cottage & Co Real Estate
Agent Name: Hugh O'Shea
Agency Phone: 207-653-1188

agent picture

Shown By

Agent Name: Cale Roberts
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

IDX logo

TOUR THIS HOME

Choose a date and time to see 238 Preble Street, South Portland, ME 04106.
I will get in touch with you shortly.

Request a Showing
Choose your video chat app
  • Thursday June 11
  • Friday June 12
  • Saturday June 13
  • Sunday June 14
  • Monday June 15
  • Tuesday June 16
  • Wednesday June 17
  • Thursday June 18
  • Friday June 19
  • Saturday June 20
  • Sunday June 21
  • Monday June 22
  • Tuesday June 23
  • Wednesday June 24
  • Thursday June 25
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method

Estimate Your Payment

Estimated Payment

$ 3,984.76 per month $2,659.55 Principal & Interest $976.67 Property Tax $348.54 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
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 06/10/2026. The listing information on this page last changed on 06/10/2026. 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 Wed 06/10/2026 12:02:21 AM EST) or MLSPIN MLS (last updated Tue 06/09/2026 11:38:25 PM EST) or Prime MLS (last updated Tue 06/09/2026 11:33:35 PM EST) or MREIS (last updated Tue 06/09/2026 11:55:12 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.

Privacy Policy / DMCA Notice / ADA Accessibility

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.


Login to My Homefinder

Pixel