Rare opportunity! A double lot on the corner of Atlantic Street and Monument Street in Portland's Most Sought-After Neighborhood! This exceptional property offers an income producing three-unit multi-family + adjacent buildable lot or expansive green space nestled atop the iconic Munjoy Hill, with ocean views from the third floor and R6 zoning, the possibilities are endless! Whether you want to move in and generate rental income & enjoy the beautifully landscaped green space, expand the existing structure, build your dream home, or develop multiple condos, this property offers unmatched flexibility and potential. Located between Congress St & Fore St, you are within walking distance of the Eastern Promenade, East End Beach, scenic walking trails, award-winning restaurants, vibrant art galleries, and leading institutions like WEX and the Northeastern University Roux Institute. Don't miss this rare chance to own a piece of Portland's most desirable real estate!
Active
$1,650,000
78 Atlantic Street, Portland, ME 04101
5beds
2,700sqft
Est.:
Multi Family
Built in 1872
-- sqft lot
$1,576,500 Zestimate®
$611/sqft
$-- HOA
What's special
Ocean viewsBeautifully landscaped green spaceAdjacent buildable lotExpansive green space
- 44 days |
- 719 |
- 23 |
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 11:52am
Listed by:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1641989
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Direct Vent Heater
Cooling
- Window Unit(s)
Features
- Flooring: Tile, Hardwood
- Basement: Bulkhead,Interior Entry,Full,Unfinished,Brick/Mortar
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
- Finished area above ground: 2,700
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces, On Site
Features
- Stories: 3
- Patio & porch: Patio
- Body of water: Casco Bay
Lot
- Size: 7,405.2 Square Feet
- Features: City Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Corner Lot, Level, Open Lot, Sidewalks, Landscaped
Details
- Additional structures: Shed(s)
- Zoning: R6
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Aluminum Siding
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1872
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $611/sqft
- Annual tax amount: $12,139
- Date on market: 10/27/2025
- Road surface type: Paved
Estimated market value
$1,576,500
$1.50M - $1.66M
$2,223/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Listed for sale | $1,650,000$611/sqft |
Source: | ||
| 2/18/2011 | Listed for rent | $900 |
Source: Postlets Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$8,351/mo
Principal & interest
$6398
Property taxes
$1375
Home insurance
$578
Climate risks
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: 0.8 mi
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