209-211 State Street Portland, ME

$2,390,000
Baths 11
Square Footage 11,000
Acres 0.18
Photo of 209-211 State Street Portland ME 04101




Description

Presenting a rare opportunity to acquire a distinguished 10-unit multi-family property in Portland's highly desirable Congress Street corridor steps from Longfellow Square. Comprised of two separately deeded buildings, 209 and 211 State Street are part of the historic John W. Munger Block, an architecturally significant brick property constructed in 1855 that showcases the timeless character and craftsmanship that define Portland's historic district. Ideally situated along one of Portland's most recognizable residential corridors, the property is within walking distance of the city's renowned restaurants, shops, medical facilities, transportation options, and waterfront attractions. The location continues to attract strong rental demand from professionals, healthcare workers, and residents seeking an urban lifestyle in one of Maine's most dynamic markets. Investors will appreciate the flexibility afforded by the property's separate deeds, creating potential future disposition, financing, or portfolio management opportunities. The combination of historic character, strong tenant appeal, off-street parking, and a premier Portland location makes 209-211 State Street a compelling long-term investment opportunity. All showings after the group showings are by appointment only.


Listed by EXP Realty, Christopher St.Pierre 888-439-8743

Details

MLS 1669159
Status Active
Price $2,390,000
DOM 104 days
Type Multi-Family
Baths 11 full baths
Square Feet 11,000 sqft
Lot Size 0.18 acres
Year Built 1855
Taxes Paid $30,763

Lot & Building Features

Cooling None
Heating Gas Natural, Baseboard, Direct Vent Furnace, Hot Water, Zoned
Parking Description Paved, 5 - 10 Spaces, Leased, On Site, Off Street, Tandem
Tax Year 2026
Taxes Paid $30,763
Water Public
Water Heater Electric, Off Heating System

Room Details

Basement Description Bulkhead, Interior Entry, Full, Other

Unit Features

Unit 1 2 beds
Unit 2 2 beds
Unit 3 1 beds
Unit 4 1 beds
Unit 5 2 beds
Unit 6 2 beds
Unit 7 2 beds
Unit 8 2 beds

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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