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  • $1,000,000

    51 Frederic Street, Portland, ME 04102

    10beds
    4,308sqft
    Multi Family
    Built in 1914
    -- sqft lot
    $1,018,100 Zestimate®
    $232/sqft
    $2,914 Estimated rent

    Home value

    $1,018,100

    $967,000 - $1.07M

    $2,914/mo

    Zestimate® history
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    $2,914/mo

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    $5,044/mo

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    What's special

    Here is the 3-Unit in Portland's Libbytown neighborhood that you've been seeking! Fully occupied tenancy with an excellent rental history and immediate cash flow. -Apt 1 is a 3 bed 1 bath with private back deck, large yard, as well as private driveway for 3+ cars and has private basement access - would make an awesome owner occupied unit, or continue as a month-to-month furnished rental (great for nearby medical center professionals). -Apt 2 is a 3 bed 1 bath with recently refinished wood floors, new stainless steel appliances -Apt 3 is a spacious 4 bed 1 bath -All 3 units have updated natural gas heating systems and separate CMP accounts. Full roof replacement in 2024. Close in proximity to dining, shopping, breweries, Amtrak, professional sports and live music venues, and The Fore River trail system! Maine Medical Center, Northern Light Mercy Hospital, USM campus and UNE campus all within walking distance! GROUP SHOWING: 8/17 this coming Sunday 3-5

    Zillow last checked: 8 hours ago

    Listing updated: October 16, 2025 at 06:51am

    Listed by:

    Elevate Maine Realty

    Bought with:

    Coldwell Banker Realty

    Source: Maine Listings,MLS#: 1634213MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Forced Air, Hot Water
    Cooling
    • None
    Features
    • Flooring: Tile, Vinyl, Wood
    • Basement: Bulkhead,Interior Entry,Full,Sump Pump,Unfinished
    Interior area
    • Total structure area: 4,308
    • Total interior livable area: 4,308 sqft
    • Finished area above ground: 4,308
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Other, 1 - 4 Spaces, Off Street, On Street
    • Has uncovered spaces: Yes
    Features
    • Body of water: Fore River
    Lot
    • Size: 3,920 sqft
    • Features: City Lot, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad, Level, Sidewalks
    Details
    • Parcel number: PTLDM067BK018001
    • Zoning: R6

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Flat,Membrane
    Condition
    • Year built: 1914

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Portland

    Price history

    DateEventPrice
    10/15/2025Sold$1,000,000+0.5%$232/sqft
    Source: Maine Listings #1634213 Report a problem
    8/19/2025Pending sale$995,000$231/sqft
    Source: Maine Listings #1634213 Report a problem
    8/14/2025Listed for sale$995,000+20.6%$231/sqft
    Source: Maine Listings #1634213 Report a problem
    4/29/2023Sold$825,000+10%$192/sqft
    Source: Maine Listings #1552888 Report a problem
    3/6/2023Pending sale$750,000$174/sqft
    Source: Maine Listings #1552888 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,400 $652,300
    2023$9,400 +5.9%$652,300
    2022$8,878 +14.4%$652,300 +95.9%

    Find assessor info on the county website

    Neighborhood: Libbytown

    Nearby schools

    GreatSchools rating
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    $1,018,100
    2% more+$20,362
    With Zillow Showcase(estimated)$1,038,462