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Seven-Unit Brick Multifamily Building

272 State Street, Portland, ME 04101

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For Sale

$1,580,000

MULTI_FAMILY - Victorian - Portland, ME

Property size:

4,454 SF

Lot size:

0.12 Acres

Price / SF:

$354/SF

HighLights

1894 Victorian seven‑unit brick investment property (John Howard Hill House), recognized by Greater Portland Landmarks
Historic masonry/brick construction with slate roof; flooring includes tile and wood
Seven apartments with multiple bathrooms (7 total bathrooms listed), including one efficiency unit
Recent unit updates include new toilets (2), bathroom vanities (4), sink, new refrigerator, and new stove
Keyless entry systems in all units for tenant convenience and streamlined management
Four off‑street parking spaces generate $4,800 in additional annual income

We can help!

Listing Contact

Erin Finley

For Sale

$1,580,000

MULTI_FAMILY - Victorian - Portland, ME

Property size:

4,454 SF

Lot size:

0.12 Acres

Price / SF:

$354/SF

Added:: Jun 11, 2026
Days on Market:: 2
Last Refresh:: Jun 12 at 1:06 am

Property Features for 272 State Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R6
Bathrooms: 7
Rooms: Bathroom 6, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 5, Basement, Bathroom 7, Bathroom 4
Basement: Full
Standard status: Active
Size: 4,454 SF
Lot size: 0.12 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 15255

Utilities

Sewer type: Public Sewer
Heating system: Baseboard, Natural Gas, Hot Water(Heating)
Water source: Public

Building Details

Year built: 1894
Number of units: 7
Flooring type: Tile, Wood
Building materials: Masonry, Brick
Roof type: Slate
Architectural style: Victorian

We can help!

Listing Contact

Erin Finley

Listing agent Erin Finley

Listing office RE/MAX Shoreline The Common at 88 Middle St, Portland, ME

Listing date Jun 11, 2026

MLS# 1666398 Listing URL

HighLights

1894 Victorian seven‑unit brick investment property (John Howard Hill House), recognized by Greater Portland Landmarks
Historic masonry/brick construction with slate roof; flooring includes tile and wood
Seven apartments with multiple bathrooms (7 total bathrooms listed), including one efficiency unit
Recent unit updates include new toilets (2), bathroom vanities (4), sink, new refrigerator, and new stove
Keyless entry systems in all units for tenant convenience and streamlined management
Four off‑street parking spaces generate $4,800 in additional annual income

Overview

Built in 1894, this well-maintained seven-unit brick multifamily property features historic character and modern in-unit improvements. The building includes seven spacious apartments, including one efficiency unit. Recent updates noted in the listing include two new toilets, four new bathroom vanities, a new sink, and new kitchen appliances including a refrigerator and stove. Management and tenant access are supported by keyless entry systems for all units. Solid brick construction is designed to support low-maintenance ownership.

The property is located at 272 State Street in Portland, Maine, in Cumberland County, zoned R6. The listing highlights proximity to Maine Medical Center, the University of Southern Maine, and downtown Portland.

With seven rental units and four off-street parking spaces included, this building is well suited for an owner seeking a small residential income property with unit-level updates and practical access controls. The combination of brick construction, in-unit renovations, and on-site parking can support day-to-day operations while offering a straightforward multifamily layout for continued leasing.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Cumberland
State: Maine
Longitude: -70.26856
Latitude: 43.656215

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For sale
Apartment buildings
ME
Portland
04101
272 State Street

What type of property is this?

Apartment building - Historic seven-unit brick property with updated apartments and keyless entry, plus four off-street parking spaces.

Where is this apartment building located?

The property is located at 272 State Street Portland, ME.

What is the asking price?

The asking price for this property is $1,580,000.

What are key features of this property?

This property features: 1894 Victorian seven‑unit brick investment property (John Howard Hill House), recognized by Greater Portland Landmarks; Historic masonry/brick construction with slate roof; flooring includes tile and wood; Seven apartments with multiple bathrooms (7 total bathrooms listed), including one efficiency unit

272 State Street, Portland, ME 04101

MULTI_FAMILY - Victorian - Portland, ME

Property Features for 272 State Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Commercial Building in Portland

West End Bed & Breakfast

Freestanding Divisible Office Building

Turnkey 10-Unit Multifamily

Portland Mixed-Use Investment Opportunity

Renovated Two-Unit Duplex

Eastern Promenade Colonial Revival Multifamily

Quadplex Condo Conversion Opportunity

Fully Leased Munjoy Hill Investment

West End Triplex Opportunity

West End Income Property

Portland West End Multifamily Opportunity

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