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Back Cove Multifamily Home for Sale

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    $925,000

    • 2.5 Baths
    • 3,154 Sq Ft

    44 Hersey St, Portland, ME 04103

    This successful and well-maintained duplex offers a rare opportunity for both investors and owner-occupants. Currently operating as a short-term rental, the property features two distinct units: a convenient first-floor 1-bedroom, 1-bath unit and a spacious multi-level 4-bedroom, 1.5-bath unit. Blending original Victorian charm with thoughtful modern updates, the home offers a warm, functional

    Nicholas Guerrette RE/MAX Shoreline

    44 Hersey St, Portland, ME 04103

Why Live in Back Cove

Back Cove in Portland, Maine, is a residential neighborhood known for its waterfront walkways, local dining options, and community-oriented atmosphere. Baxter Boulevard, which runs along the coast of the cove, offers scenic views of downtown Portland and serves as a central gathering spot for residents, particularly during the weekly Sundays on the Boulevard event. The neighborhood is bordered by Payson Park to the east, a popular spot for outdoor activities including tennis, basketball, youth baseball, and winter sledding. The Back Cove Trail, part of Portland's extensive urban trail network, provides a picturesque route for walking and biking with views of the city across the water. Local dining options are plentiful and within walking distance, featuring a variety of cuisines. Tipo offers Italian dishes in a modern setting, while Forest Avenue hosts specialty markets, art shops, and diverse eateries such as Bayou Kitchen for Cajun breakfast, Bird & Co. for tacos, and Maiz for Colombian arepas. The Great Lost Bear is a local favorite for its extensive draft beer selection. For grocery needs, residents can visit Trader Joe’s or Whole Foods in the nearby Bayside neighborhood, just a 5-minute drive away. Back Cove is moderately walkable and bikeable, with easy access to downtown Portland and the Portland International Jetport, both approximately 10 minutes away. The neighborhood is served by Portland Public Schools, with options for elementary and middle school, and a choice of three high schools, including the selective Casco Bay High. The area has a low crime risk compared to the national average, making it a desirable place to live.

Home Trends in Back Cove, ME

Housing Trends

Median Sale Price
$565,000
Median Single Family Sale Price
$700,000
Median 2 Bedroom Sale Price
$379,900
Average Price Per Sq Ft
$428
Number of Homes for Sale
2
Last 12 months Home Sales
44
Months of Supply
0.50
Median List Price
$637,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-12%
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