Closed
$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
Loading...
Owner options
Explore your selling options
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#: 1634213
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
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Sold | $1,000,000+0.5%$232/sqft |
Source: | ||
| 8/19/2025 | Pending sale | $995,000$231/sqft |
Source: | ||
| 8/14/2025 | Listed for sale | $995,000+20.6%$231/sqft |
Source: | ||
| 4/29/2023 | Sold | $825,000+10%$192/sqft |
Source: | ||
| 3/6/2023 | Pending sale | $750,000$174/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 3/10Howard C Reiche Community SchoolGrades: PK-5Distance: 0.9 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 1.4 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$1,018,100
2% more+$20,362
With Zillow Showcase(estimated)$1,038,462

