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Downtown Portland Multifamily Home for Sale

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    $1,350,000

    • 4 Baths
    • 3,686 Sq Ft

    68 Pleasant St, Portland, ME 04101

    Known as the Nathan Nutter House, this historic 2.5 story home was built in 1840 for a local Portland merchant. The original 3,686± square foot Greek Revival building was converted into a two-family dwelling in 1924 and then most recently into four one-bedroom apartment units. Recognized by Greater Portland Landmarks, the property is publicly on the market for the first time in 38 years. The

    John Saint-Amour LandVest, Inc.

    68 Pleasant St, Portland, ME 04101

Why Live in Downtown Portland

Downtown Portland is a neighborhood marked by resilience and a rich history, evident in its brick sidewalks and repurposed historic buildings. The area is known for its vibrant art scene, with murals and sculptures adorning the streets, and a robust calendar of events, including the First Friday Art Walks and the Resurgam Music and Arts Festival. Residents and visitors can explore numerous museums, such as the Portland Museum of Art, and enjoy a variety of dining options, from seafood at DiMillo’s on the Water to Italian cuisine at the James Beard-nominated Leeward. The neighborhood is highly walkable, with wide sidewalks and bike-friendly routes supported by the Tandem Mobility bikeshare program. Public transportation is accessible via the Greater Portland Metro, and major roads like Interstate 295 and U.S. Route 1 are nearby. Portland International Jetport is about 5 miles away, and Maine Medical Center provides emergency services within close proximity. Downtown Portland features a mix of contemporary and historic red-brick condos, with many office buildings being converted into residential spaces. While single-family homes are rare, Victorian-era and Federal homes are present. The neighborhood is served by Portland Public Schools, with Portland High School offering hands-on learning programs in partnership with Portland Arts & Technology High School. The Maine College of Art and Design also calls this neighborhood home, providing higher education opportunities in fine arts. With its rich history, diverse dining, and numerous things to do, Downtown Portland offers a unique urban living experience.

Home Trends in Downtown Portland, ME

Housing Trends

Median Sale Price
$656,250
Median Single Family Sale Price
$1,675,000
Median 2 Bedroom Sale Price
$957,500
Median 1 Bedroom Sale Price
$495,000
Average Price Per Sq Ft
$776
Number of Homes for Sale
20
Last 12 months Home Sales
70
Months of Supply
3.40
Median List Price
$750,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-23%
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