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  • $1,300,000

    272 State Street, Portland, ME 04101

    6beds
    4,454sqft
    Multi Family
    Built in 1894
    -- sqft lot
    $1,378,000 Zestimate®
    $292/sqft
    $3,172 Estimated rent

    Home value

    $1,378,000

    $1.25M - $1.53M

    $3,172/mo

    Zestimate® history
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    Owner options

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    $3,172/mo

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    $3,172/mo

    Rent Zestimate®

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    $6,579/mo

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    What's special

    This impressive Parkside, brick 7-unit property is a testament to timeless elegance. As you approach, the stately presence of the building captures your attention, showcasing the enduring beauty of its architecture. The classic slate roof adds a touch of durability and tradition, setting the tone for what lies within. The interior exudes character and charm and is a mix of old and new respecting the historical essence while ensuring a comfortable and contemporary living experience for all. For your convenience, a large lot provides ample off-street parking—a rare find in this historic district. The solid rental history speaks volumes about the desirability of this property. Presently, all seven units are occupied by responsible tenants, ensuring a steady and reliable income stream. To add to the appeal, tenants manage their own electric expenses. This is a piece of Portland's rich heritage ready to become a new chapter in your real estate story.

    Zillow last checked: 8 hours ago

    Listing updated: May 20, 2025 at 10:05pm

    Listed by:

    Townsend Real Estate

    Bought with:

    RE/MAX Shoreline

    Source: Maine Listings,MLS#: 1578491MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Hot Water
    Cooling
    • None
    Features
    • Flooring: Tile, Wood
    • Basement: Bulkhead,Full
    Interior area
    • Total structure area: 4,454
    • Total interior livable area: 4,454 sqft
    • Finished area above ground: 4,454
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Common, Gravel, Paved, 5 - 10 Spaces
    Lot
    • Size: 5,227 sqft
    • Features: Historic District, City Lot, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Sidewalks
    Details
    • Zoning: R6

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Masonry, Brick
    • Foundation: Brick/Mortar
    • Roof: Slate
    Condition
    • Year built: 1894

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Portland

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/18/2024Sold$1,300,000-13.3%$292/sqft
    Source: Maine Listings #1578491
    1/18/2024Pending sale$1,500,000$337/sqft
    Source: Maine Listings #1578491
    12/15/2023Contingent$1,500,000$337/sqft
    Source: Maine Listings #1578491
    12/1/2023Listed for sale$1,500,000$337/sqft
    Source: Maine Listings #1578491

    Public tax history

    Tax history is unavailable.

    Neighborhood: Parkside

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $1,378,000
    2% more+ $27,560
    With Zillow Showcase(estimated)
    $1,405,560