$850,000
PENDING

60 Mellen St Portland, ME 04101

Parkside Neighborhood

Estimated payment $5,419/month

Total Views 1,570
-- Bed
5 Baths
3,952 Sq Ft
$215 Price per Sq Ft

Highlights

  • Property is near public transit
  • No HOA
  • 2-minute walk to Deering Oaks Park
  • Wood Flooring
  • Baseboard Heating

About This Home

Charming Parkside 5-unit multi family is the perfect first investment, or newest addition to your portfolio. Truly a 'plug & play' income property, the big things have been done. A new roof in 2017 and a new gas boiler in 2023 means headache free management from day one. The updated units have lots of character and personality, and the location is walkable to the plethora of amenities in Parkside, the West End and Downtown, a key to attracting high quality tenants and minimizing turnover.
OPEN SHOWINGS: Wed 7/30 from 12 - 1pm. Please register through ShowingTime.

Listing Agent

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 07/28/2025

Co-Listing Agent

Chris Sullivan

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,878

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 5 Full Bathrooms
  • Multi-Level Property

Flooring

  • Wood
  • Laminate

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Exterior Basement Entry

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot E-13
  • Assessor Parcel Number PTLD-000048-E000013-000001

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $37,265
  • Gross Income $102,562

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,878

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Pending
  • Above Grade Finished Sq Ft: 3408.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3408.0
  • Property Information:SqFt Finished Below Grade: 544.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 102562.0
  • Income Expenses Operating Expenses: 37265.0
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: 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: Finished, Full, Partial, Exterior Only
  • Full Bathrooms: 5
  • Below Grade Sq Ft: 544.0
  • Flooring: Wood, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Turnpike/Interstate, Near Public Transit
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 4791.6
  • Parcel #: PTLD-000048-E000013-000001
  • Zoning: RN-4

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 102562.0
  • Annual Operating Expense: 37265.0

Tax Info

  • Tax Annual Amount: 9878.0
  • Tax Book Number: 33780
  • Tax Lot: E-13
  • Tax Map Number: 48
  • 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

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $850,000 0.0% $215 / Sq Ft
07/17/2025 07/17/25 Pending -- -- --
07/10/2025 07/10/25 For Sale $850,000 +77.7% $215 / Sq Ft
01/24/2017 01/24/17 Sold $478,250 +0.7% $100 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
12/09/2016 12/09/16 For Sale $475,000 -- $99 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1629972

Maine Listings
Maine Cumberland County Portland 04101 Parkside

60 Mellen St, Portland, ME

This home is located at 60 Mellen St, Portland, ME 04101 and is currently priced at $850,000, approximately $215 per square foot. This property was built in 1910. 60 Mellen St is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

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) 709-0048