209-211 State Street, Portland, ME 04101
MULTI_FAMILY - Victorian - Portland, ME
- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 209-211 State Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RN-4
- Bathrooms
- 11
- Rooms
- Bathroom 6, Bathroom 8, Basement, Bathroom 4, Bathroom 1, Bathroom 11, Bathroom 5, Bathroom 7, Bathroom 10, Bathroom 9, Bathroom 3, Bathroom 2
- Parking features
- Leased, Tandem, Off Street
- Basement
- Full
- Standard status
- Active
- Size
- 11,000 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 30763
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Zoned, Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1855
- Number of units
- 10
- Flooring type
- Tile, Vinyl, Wood
- Building materials
- Masonry, Wood Frame, Brick
- Roof type
- Slate, Membrane, Shingle
- Architectural style
- Victorian
Listing agent Christopher St.Pierre (207) 650-6749
Listing office EXP Realty 41 Hutchins Drive Building 3, Rangeley, ME (888) 439-8743
Listing date Jun 26, 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.
Overview
Showings are scheduled through group tours before moving to appointment-only access. The group showings are Tuesday, June 30th from 10:00 to 11:00 a.m. and Thursday, July 2nd from 12:00 to 1:00 p.m. After the group showings, all viewings are by appointment only, and the listing agent must accompany.
For buyers or investors evaluating small multifamily housing under RN-4, this offering provides a clearly defined residential income asset with a listed address on State Street and a known showing process. Prospective tenants, buyers, and brokers can plan accordingly for the limited initial group-tour windows and ensure they schedule appointments following the published dates.
Local Financial Insights For Apartment 5plus
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 | $349.8k | $31.80 |
| − Vacancy | −$21.0k | −$1.91 |
| EGI | $328.8k | $29.89 |
| − OpEx | −$148.0k | −$13.45 |
| NOI | $180.8k | $16.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.266869
- Latitude
- 43.653866
