$849,000
PENDING $20K PRICE DROP

Estimated payment $5,533/month

Total Views 3,891
-- Bed
3 Baths
4,499 Sq Ft
$189 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Garage
  • Property is near public transit
  • No HOA
  • Heating System Uses Steam

About This Home

Located just minutes from downtown Portland, this expansive 3-unit property offers the rare combination of space, parking, and walkability. Enjoy easy access to local trails that will take you all the way to Thompson's Point to catch a concert or grab a bite at the food trucks on the water!

The owner's unit spans the entire second floor and features 4 bedrooms, two large decks, and a bright, sun-filled living room with a fireplace—perfect for relaxing or entertaining. There's potential to expand into the third floor for a bonus room or a primary suite. The building offers plenty of off-street parking, a 2-car garage, and a relatively new roof, making it ideal for both investors and owner-occupants alike.

With quick access to I-295, downtown Portland, and nearby schools and parks, this is a prime opportunity to own a solid multi-unit in a sought-after location.

Listing Agent

Daniel Weber Nicholas Laverriere

Keller Williams Realty Listed on: 07/08/2025

Keller Williams Realty

Co-Listing Agent

Nicholas Laverriere

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,604

Year Built

  • Built in 1910

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • 4,499 Sq Ft Home
  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Flooring

  • Wood
  • Tile

Basement

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

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Natural Gas Not Available

Additional Features

  • 3 Full Bathrooms
  • 0.32 Acre Lot

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number PTLD-000194-C000026-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $24,117
  • Gross Income $82,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,604

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Pending
  • Above Grade Finished Sq Ft: 4499.0
  • Architectural Style: Other, Colonial
  • Garage Yn: Yes
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.32
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4499.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Driveway:Common2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 82200.0
  • Income Expenses Operating Expenses: 24117.0
  • Exterior:Wood Siding: Yes
  • Heat System:Steam: Yes
  • Style:Colonial: Yes
  • Location:Near Railroad: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full
  • Full Bathrooms: 3
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13939.2
  • Parcel #: PTLD-000194-C000026-000001
  • Zoning: RN-3

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 82200.0
  • Annual Operating Expense: 24117.0

Tax Info

  • Tax Annual Amount: 12604.0
  • Tax Book Number: 36700
  • Tax Lot: 26
  • Tax Map Number: 194
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $12,604 $839,700 $86,900 $752,800
2023 $12,100 $839,700 $86,900 $752,800
2022 $11,428 $839,700 $86,900 $752,800
2021 $10,908 $839,700 $86,900 $752,800
2020 $9,389 $402,800 $64,900 $337,900
2019 $8,746 $375,200 $64,900 $310,300
2018 $7,889 $364,400 $64,900 $299,500
2017 $7,889 $364,400 $64,900 $299,500
2016 $7,692 $364,400 $64,900 $299,500
2015 $7,518 $364,400 $64,900 $299,500
2014 $7,288 $364,400 $64,900 $299,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Pending -- -- --
08/11/2025 08/11/25 Price Changed $849,000 -2.3% $189 / Sq Ft
07/08/2025 07/08/25 For Sale $869,000 +48.5% $193 / Sq Ft
05/14/2020 05/14/20 Sold $585,000 +4.5% $130 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
07/05/2019 07/05/19 For Sale $559,900 -- $124 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $600,000 Stand Alone Refi Refinance Of Original Loan
Closed $525,000 Purchase Money Mortgage
Closed $60,000 Purchase Money Mortgage
Previous Owner $36,000 Unknown
Previous Owner $249,000 Unknown
Previous Owner $130,140 Unknown
Previous Owner $0 Unknown
Previous Owner $110,000 New Conventional
Previous Owner $201,600 Unknown
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $0 No Value Available
Previous Owner $256,000 Unknown
Source: Public Records

Source: Maine Listings

MLS Number: 1629654

Maine Listings

APN: PTLD-000194-000000-C026001