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    44 Hersey St Portland, ME 04103

    For Sale
    $925,000

    MULTI_FAMILY - Victorian - Portland, ME

    Property size:
    3,154 SF
    Lot size:
    0.12 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for 44 Hersey St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R3
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2, Basement
    Parking features
    Open, Off Street
    Patio and Porch features
    Porch
    Pets allowed
    No
    Interior features
    1st Floor Bedroom, Bathtub
    Basement
    Dirt Floor, Walk-Out Access, Daylight, Full, Unfinished
    Size
    3,154 SF
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Zoned, Hot Water(Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1906
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Carpet, Wood, Tile
    Building materials
    Wood Siding, Shingle Siding, Clapboard, Wood Frame
    Roof type
    Shingle, Membrane
    Architectural style
    Victorian
    Additional Structures
    Outbuilding

    RE/MAX Shoreline (207) 939-0207 [email protected]

    Listing agent Nicholas Guerrette (207) 553-7500

    Listing date Nov 6, 2025

    MLS# 1629032 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

    Victorian Duplex in Portland, Maine

    This well-maintained duplex presents an opportunity for investors or owner-occupants. Currently operating as a short-term rental, the property includes a first-floor 1-bedroom, 1-bath unit and a multi-level 4-bedroom, 1.5-bath unit. The home blends original Victorian charm with modern updates, offering a functional layout with income-generating potential. The property has a walkout partial daylight basement and an oversized one-car garage suitable for storage or future expansion. A third-floor access door provides access to a flat roof, presenting the opportunity to create a rooftop deck or a raised-bed garden. The property features a fully fenced backyard with a fire pit and a front porch. The location is near restaurants, parks, playgrounds, and Baxter Boulevard. The property, with zoning R3, sits on a 0.12-acre lot. The property size is 3154 square feet. It is pre-inspected and located in a vibrant neighborhood of Portland, Maine.
    Property Profile Location Intelligence

    Current Use by Public Records

    University of New England University

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -70.282229
    Latitude
    43.672407

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex with Victorian charm in a vibrant neighborhood.
    Where is this duplex located?
    The property is located at 44 Hersey St 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: - Income-generating duplex, currently operating as a successful short-term rental.; - Two distinct units: **a 1-bedroom, 1-bath unit and a spacious 4-bedroom, 1.5-bath unit.**; - **Prime location: steps from restaurants, parks, playgrounds, and Baxter Boulevard.**
    (207) 553-7500
    Request Owner's contact information
    44 Hersey St Portland, ME 04103
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    Portland, ME 04103
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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
    44 Hersey St Portland, ME 04103
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