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    1542 Congress St Portland, ME 04102

    For Sale
    $609,000

    MULTI_FAMILY - Other - Portland, ME

    Property size:
    2,390 SF
    Lot size:
    0.11 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 1542 Congress St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R5
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Parking features
    Off Street
    Patio and Porch features
    Deck
    Pets allowed
    No
    Interior features
    1st Floor Bedroom, Attic, Shower
    Basement
    Unfinished, Full, Walk-Out Access
    Size
    2,390 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Other (Heating), Steam
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Wood
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other

    Keller Williams Realty (207) 879-9800 [email protected]

    Listing agent Teri Ouellette (207) 879-9800

    Listing date Nov 25, 2025

    MLS# 1642535 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stroudwater Two-Unit Multifamily Property

    Located in the Stroudwater area of Portland, this well-maintained two-unit multifamily property offers seasonal water views. The property is situated close to both downtown Portland and the airport. Each unit features 3 bedrooms, a separate dining room and living room, an updated kitchen and bath, and enclosed sun porches. Interior details include hardwood floors, high ceilings, period moldings, and custom built-ins. Recent improvements include a newly paved driveway providing ample off-street parking, a new lined sewer line, updated heat systems installed in 2017, and a new roof installed in 2013. The property underwent the city's lead removal program in 1997 and was deemed "lead safe," which included the installation of new windows and doors throughout. The lot size is 0.11 acres. The property offers generous living space, making it suitable for investors and owner-occupants. The property also features a backyard. The property is zoned R5 and has a total size of 2390 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.30405
    Latitude
    43.658888

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    FAQs

    What type of property is this?
    Duplex - Well-maintained Portland duplex with modern updates and classic charm.
    Where is this duplex located?
    The property is located at 1542 Congress St Portland, ME.
    What is the asking price?
    The asking price for this property is $609,000.
    What are key features of this property?
    This property features: - Prime location in the coveted Stroudwater area, close to downtown Portland and the airport, with seasonal water views.; - Two units, each with 3 bedrooms, separate dining and living rooms, updated kitchen and bath, and enclosed sun porches.; - Significant recent improvements include a new roof (2013) and updated heat systems (2017). New lined sewer line, and newly paved driveway with ample off-street parking.
    (207) 879-9800
    Request Owner's contact information
    1542 Congress St Portland, ME 04102
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    Portland, ME 04102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1542 Congress St Portland, ME 04102
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