NOT LISTED FOR SALE

11 Smith St Portland, ME 04101

East Bayside Neighborhood

Estimated Value: $1,034,241 - $1,405,000

9 Beds
3 Baths
4,134 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 20, 2025

Last sale price $1,038,000 $251 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,802/month

5 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • Level Lot
  • Wood Flooring
  • Baseboard Heating
  • 1-minute walk to Peppermint Park

About This Home

As of June 2025

Exceptional opportunity to own a spacious three-unit building in the heart of Portland. Each unit offers 3 bedrooms and 1 bathroom, making it ideal for strong rental income, multi-generational living, or owner-occupancy. Perfect for an owner-occupant looking to offset their mortgage while enjoying a central, walkable location. With six off-street parking spaces and easy access to downtown, shops, and restaurants, this turnkey property offers size, convenience, and investment potential in one of Portland's most desirable neighborhoods.

Coin operated laundry in basement.
Each unit has a storage unit in basement

Last Agent to Sell the Property

Jonathon Stinson

Keller Williams Realty Listed on: 05/19/2025

Keller Williams Realty

Last Buyer's Agent

Jonathon Stinson

Keller Williams Realty Listed on: 05/19/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,063

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Home Design

  • 4,134 Sq Ft Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 020 / F
  • Assessor Parcel Number PTLD-000021-F000020-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $19,413
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,063

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 4134.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 229.8
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4134.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 30000.0
  • Income Expenses Operating Expenses: 19413.0
  • Location:Historic District: Yes
  • Exterior:Brick: Yes
  • Roof:Membrane: Yes
  • Advertising Remarks:Advertising Remarks: Exceptional opportunity to own a spacious three-unit building in the heart of Portland. Each unit offers 3 bedrooms and 1 bathroom, making it ideal for strong rental income, multi-generational living, or owner-occupancy. Perfect for an owner-occupant looking to offset their mortgage while enjoying a central, walkable location. With six off-street parking spaces and easy access to downtown, shops, and restaurants, this turnkey property offers size, convenience, and investment potential in one of Portland's most desirable neighborhoods.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Bulkhead, Full
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Historic District, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Brick, Wood Frame
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: PTLD-000021-F000020-000001
  • Zoning: IS-FBC

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 30000.0
  • Annual Operating Expense: 19413.0

Tax Info

  • Tax Annual Amount: 10063.0
  • Tax Block: F
  • Tax Lot: 020
  • Tax Year: 2024

Matterport 3D Tour

Floorplans

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $1,038,000 +9.3% $251 / Sq Ft
05/24/2025 05/24/25 Pending -- -- --
05/19/2025 05/19/25 For Sale $950,000 -- $230 / Sq Ft
Source: Maine Listings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,063 $670,400 $131,100 $539,300
2023 $9,660 $670,400 $131,100 $539,300
2022 $9,124 $670,400 $131,100 $539,300
2021 $8,708 $670,400 $131,100 $539,300
2020 $6,396 $274,400 $62,100 $212,300
2019 $6,396 $274,400 $62,100 $212,300
2018 $6,169 $274,400 $62,100 $212,300
2017 $5,941 $274,400 $62,100 $212,300
2016 $5,793 $274,400 $62,100 $212,300
2015 $5,661 $274,400 $62,100 $212,300
2014 $5,488 $274,400 $62,100 $212,300
Source: Public Records

Agents Affiliated with this Home

  • Jonathon Stinson

    Seller's Agent in 2025

    Jonathon Stinson

    Keller Williams Realty

    (207) 458-6988

    2 in this area

    56 Total Sales

    Jonathon Stinson
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Map

Source: Maine Listings

MLS Number: 1623220

Maine Listings

APN: PTLD-000021-000000-F020001

Maine Cumberland County Portland 04101 East Bayside

11 Smith St, Portland, ME

Not Listed for Sale

MultiFamily

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