This Munjoy Hill 3-unit with water views sits on a large corner lot with additional development potential. The first two floors are currently vacant allowing for immediate occupancy or renovation. Owner occupants may consider renovation options to bring the historical small bedrooms and baths up to modern layouts to match the level of the property's spectacular location. The expansive yard has been used for gardening, hosting seasonal holiday parties, and simply as a quiet outdoor area. Developers will see the land for its expansion potential - the lot appears to allow for up to 10 units per the density of the R6 zoning. Notes: 1) Units can be combined. 2) Portland's rent control price restrictions do not apply to owner occupied 2-4 unit properties.
Closed
$1,050,000
31 Sheridan Street, Portland, ME 04101
5beds
2,469sqft
Multi Family
Built in 1899
-- sqft lot
$1,101,700 Zestimate®
$425/sqft
$3,599 Estimated rent
Home value
$1,101,700
$1.00M - $1.20M
$3,599/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 23, 2024 at 06:34am
Listed by:
Vitalius Real Estate Group, LLC
Bought with:
Keller Williams Realty
Source: Maine Listings,MLS#: 1601679
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Tile, Wood
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 2,469
- Total interior livable area: 2,469 sqft
- Finished area above ground: 2,469
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces
Features
- Levels: Multi/Split
- Body of water: Casco Bay
Lot
- Size: 6,969 sqft
- Features: City Lot, Near Turnpike/Interstate, Near Town, Level, Open Lot, Sidewalks
Details
- Parcel number: PTLDM017BF017001
- Zoning: R6
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1899
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
| Date | Event | Price |
|---|---|---|
| 4/22/2025 | Listing removed | $899,000$364/sqft |
Source:  Maine Listings #1612550 | ||
| 3/7/2025 | Contingent | $899,000$364/sqft |
Source: Maine Listings #1612550 | ||
| 3/3/2025 | Listed for sale | $899,000$364/sqft |
Source: Maine Listings #1612550 | ||
| 2/13/2025 | Contingent | $899,000$364/sqft |
Source: Maine Listings #1612550 | ||
| 2/10/2025 | Price change | $899,000-2.8%$364/sqft |
Source: Maine Listings #1612550 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,832 | $821,100 |
| 2023 | $11,832 +5.9% | $821,100 |
| 2022 | $11,175 +39.3% | $821,100 +138.6% |
Find assessor info on the county website
Neighborhood: East End
Nearby schools
GreatSchools rating
- 2/10East End Community SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 3.5 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 0.6 mi
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$1,101,700
2% more+ $22,034
With Zillow Showcase(estimated)
$1,123,734