15 Longfellow Street, Portland, ME 04103
MULTI_FAMILY - Portland, ME
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 15 Longfellow Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RN - 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Basement, Bathroom 3, Bathroom 2
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 3,502 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 11413
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Steam, Other (Heating)
- Water source
- Public
Building Details
- Year built
- 1922
- Number of units
- 3
- Flooring type
- Tile, Wood
- Building materials
- Wood Frame, Aluminum Siding
- Roof type
- Shingle
Listing agent Briton Vitalius (207) 541-3755
Listing office Vitalius Real Estate Group, LLC 306 Congress Street, Suite 3, Portland, ME (207) 541-3755
Listing date Jun 25, 2026
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 3‑unit multi‑family built in 1922 with public water and public sewer
- Detached 2‑car garage plus covered parking and storage for the homeowner
- 1st- and 2nd‑floor units retain original 2‑bedroom‑plus layouts with upgraded kitchens
- Functional unit layouts: bedrooms located in the rear with the bath in between (1st/2nd floors)
- 3rd‑floor 1‑bedroom apartment with a dining nook and spacious, well‑proportioned rooms
- Wood‑frame exterior with aluminum siding, shingle roof, and tile and wood flooring; natural gas/steam heating
Overview
The third-floor unit is a one-bedroom apartment with a notably spacious feel and a dining nook. Outdoors, a covered front porch overlooks Longfellow Park, and a second-floor side porch provides outdoor access for unit 2. A detached two-car garage adds covered parking and storage.
Zoned RN-3, this property offers a clear opportunity for an owner-occupant or investor seeking a small residential income building. With approximately 3,502 square feet on a 0.18-acre lot, the three separate apartments and outdoor living features support flexible tenant use, while the garage helps address parking and storage needs on-site.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.6k | $27.00 |
| − Vacancy | −$6.1k | −$1.76 |
| EGI | $88.4k | $25.25 |
| − OpEx | −$26.5k | −$7.57 |
| NOI | $61.9k | $17.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.28082
- Latitude
- 43.666856
