$995,000

71 Melbourne St Portland, ME 04101

East End Neighborhood

Estimated payment $6,170/month

Total Views 143
-- Bed
2 Baths
2,678 Sq Ft
$372 Price per Sq Ft

Highlights

  • Popular Property
  • Wood Flooring
  • No HOA
  • Deck
  • New Englander Architecture
  • 2-minute walk to Fort Sumner Park

About This Home

Set in the heart of one of Portland's most coveted neighborhoods, this Munjoy Hill two-unit blends classic architectural charm with an uncommon three-story tower addition - truly unlike anything else on the East End. The spacious first-floor unit offers high ceilings, three bedrooms, an additional bonus room, and the flexibility to serve as a comfortable owner's space or a strong rental. Upstairs, the light-filled second unit features 2 bedrooms and a private deck with seasonal views. Enjoy the convenience of off-street parking, updated heating system, a private yard, and plenty of garden space. With a strong, consistent rental history, this property delivers both lifestyle and investment appeal in the heart of the city. The building could also be converted to a single-family home with ample space for all!

Listing Agent

Elise Loschiavo

Vitalius Real Estate Group, LLC Listed on: 12/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,231

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • New Englander Architecture
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,678 Sq Ft Home
  • 3-Story Property
  • Interior Basement Entry

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Legal Lot and Block 19 / F
  • Assessor Parcel Number PTLD-000015-F000019-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $21,000
  • Gross Income $45,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,231

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • MLS Status: Active
  • Directions: Take Congress Street toward Munjoy hill - left on North Street, right on Melbourne Street. Property on left.
  • Above Grade Finished Sq Ft: 2678.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1910
  • Contract Information:List PriceSqFt: 371.55
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 2
  • Flooring: Tile, Vinyl, Wood
  • Stories: 3

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Deck, Patio
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Steam
  • 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: 3484.8
  • Parcel #: PTLD-000015-F000019-000001
  • Zoning: R-6

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 45480.0
  • Annual Operating Expense: 21000.0

Tax Info

  • Tax Annual Amount: 11231.0
  • Tax Block: F
  • Tax Lot: 19

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $10,648 $709,400 $324,200 $385,200
2023 $10,222 $709,400 $324,200 $385,200
2022 $9,655 $709,400 $324,200 $385,200
2021 $9,215 $709,400 $324,200 $385,200
2020 $5,660 $242,800 $108,200 $134,600
2019 $5,660 $242,800 $108,200 $134,600
2018 $5,458 $242,800 $108,200 $134,600
2017 $5,257 $242,800 $108,200 $134,600
2016 $5,126 $242,800 $108,200 $134,600
2015 $5,009 $242,800 $108,200 $134,600
2014 $4,856 $242,800 $108,200 $134,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2025 12/10/25 For Sale $995,000 +22.8% $372 / Sq Ft
12/22/2021 12/22/21 Sold $810,000 -2.4% $302 / Sq Ft View Prior Sale
12/02/2021 12/02/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $829,900 -- $310 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $191,800 Unknown
Closed $268,000 Unknown
Previous Owner $270,000 Unknown
Source: Public Records

Source: Maine Listings

MLS Number: 1646175

Maine Listings

APN: PTLD-000015-000000-F019001

Maine Cumberland County Portland 04101 East End

71 Melbourne St, Portland, ME

For Sale

MultiFamily

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.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes
Elise Loschiavo
Listing Agent
Elise Loschiavo
Section Image
Vitalius Real Estate Group, LLC
(207) 407-5436