$1,175,000
PENDING

22 Madison St Portland, ME 04101

East Bayside Neighborhood

Estimated payment $7,107/month

Total Views 2,929
-- Bed
4 Baths
3,492 Sq Ft
$336 Price per Sq Ft

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Heating System Uses Natural Gas
  • Deck
  • No HOA
  • 3-minute walk to Fort Sumner Park

About This Home

**Back on the market at no fault of the building!** Rare East Bayside 4-unit with buildable lot! This classic triple-decker style building features bright spacious layouts and a deck overlooking an adorable courtyard with raised beds in the rear. An additional lot that fronts on Monroe Street currently serves as parking for the building, but ultimately could be built upon, potentially accommodating up to three units. The location is ideal for those looking to take advantage of this thriving neighborhood - walk to Terilingua, Rising Tide Brewing, Coffee by Design and more!
Open Showing Monday 8/25 from noon - 1PM.

Listing Agent

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 08/19/2025

Co-Listing Agent

Chris Sullivan

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,826

Year Built

  • Built in 1880

Home Design

  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,492 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • 4,792 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot O002
  • Assessor Parcel Number PTLD-000012-O000002-000001

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $17,293
  • Gross Income $85,632

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,826

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Pending
  • Above Grade Finished Sq Ft: 3492.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3492.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 85632.0
  • Income Expenses Operating Expenses: 17293.0
  • Gas:Natural - At Street: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Heater: Yes
  • Roof:Membrane: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Heat Pump, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: PTLD-000012-O000002-000001
  • Zoning: RN-4

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 85632.0
  • Annual Operating Expense: 17293.0

Tax Info

  • Tax Annual Amount: 10826.33
  • Tax Book Number: 21843
  • Tax Lot: O002
  • Tax Map Number: 12
  • Tax Year: 2026

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

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Pending -- -- --
08/19/2025 08/19/25 For Sale $1,175,000 0.0% $336 / Sq Ft
07/04/2025 07/04/25 Pending -- -- --
06/12/2025 06/12/25 For Sale $1,175,000 -- $336 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1626440

Maine Listings

APN: PTLD 012-O002001

Maine Cumberland County Portland 04101 East Bayside

22 Madison St, Portland, ME

This home is located at 22 Madison St, Portland, ME 04101 and is currently priced at $1,175,000, approximately $336 per square foot. This property was built in 1880. 22 Madison St is a home located in Cumberland County with nearby schools including East End Community School and King Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Brit Vitalius
Listing Agent
Brit Vitalius
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Vitalius Real Estate Group, LLC
(207) 656-6317