Two-Unit Victorian Duplex with
169 Longfellow Street, Portland, ME 04103
New
MULTI_FAMILY - Victorian - Portland, ME
Property size:
2,838 SFLot size:
0.28 AcresPrice / SF:
$325/SF- Added:
- Jun 16, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 16 at 3:06 pm
Property Features for 169 Longfellow Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RN-1
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Basement
- Parking features
- Off Street
- Patio and Porch features
- Patio, Porch
- Interior features
- 1st Floor Bedroom, Attic, Storage
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 2,838 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 11848
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1892
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Wood
- Building materials
- Wood Frame, Aluminum Siding
- Roof type
- Shingle
- Architectural style
- Victorian
- Additional Structures
- Storage
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 16, 2026
MLS# 1667329
Listing URL
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
- Two‑unit Victorian home built in 1892 with 1st floor 2‑bedroom unit and 2nd floor 3‑bedroom unit
- Set on a quarter‑acre corner lot with a private patio, mature landscaping, and raised garden beds
- Each unit includes its own sun porch, plus large living rooms
- Detached two‑car garage provides parking and storage; off‑street parking available
- Unfinished attic offers potential for expansion; additional storage included
- Services include public water and public sewer; heated by natural gas with hot water heating; shingle roof
Overview
This two-unit Victorian duplex is set up for flexible owner use or straightforward rental operation, with both units currently vacant. The first-floor unit offers two bedrooms and a dedicated sun porch, with the interior described as recently refreshed. The second-floor unit features three bedrooms and its own sun porch, with an opportunity for upgrades to match the buyer’s preferred layout and finishes. Outdoor space includes a private patio, mature landscaping, and raised garden beds.
The property is located on a corner lot in Portland’s Highlands neighborhood. The offering notes proximity to parks, trails, restaurants, and downtown Portland, along with access to nearby neighborhood amenities.
A detached two-car garage provides practical parking and storage, and the property also includes an unfinished attic that may support future expansion depending on buyer goals. With an existing two-unit configuration—two bedrooms above or below, plus separate sun porches—this home can appeal to buyers seeking a classic income-style layout while retaining the ability to personalize upgrades, particularly in the second-floor unit.
The property is located on a corner lot in Portland’s Highlands neighborhood. The offering notes proximity to parks, trails, restaurants, and downtown Portland, along with access to nearby neighborhood amenities.
A detached two-car garage provides practical parking and storage, and the property also includes an unfinished attic that may support future expansion depending on buyer goals. With an existing two-unit configuration—two bedrooms above or below, plus separate sun porches—this home can appeal to buyers seeking a classic income-style layout while retaining the ability to personalize upgrades, particularly in the second-floor unit.
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 | $76.6k | $27.00 |
| − Vacancy | −$5.0k | −$1.76 |
| EGI | $71.6k | $25.25 |
| − OpEx | −$21.5k | −$7.57 |
| NOI | $50.2k | $17.67 |
2,838 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$716.5K
$626.9K – $835.9K
NOI $50,152 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$666.5K
$583.2K – $777.6K
NOI $46,658 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$780.0K
$682.5K – $910.0K
NOI $54,602 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.287797
- Latitude
- 43.6664
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Vacant two-unit home with private sun porches, a detached two-car garage, and outdoor patio space on a corner lot.
Where is this duplex located?
The property is located at 169 Longfellow Street Portland, ME.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two‑unit Victorian home built in 1892 with 1st floor 2‑bedroom unit and 2nd floor 3‑bedroom unit; Set on a quarter‑acre corner lot with a private patio, mature landscaping, and raised garden beds; Each unit includes its own sun porch, plus large living rooms
