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    64-66 Melbourne St Portland, ME 04101

    New
    For Sale
    $1,395,000

    MULTI_FAMILY - Other - Portland, ME

    Property size:
    3,433 SF
    Lot size:
    0.15 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 64-66 Melbourne St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RN-4
    Rooms
    Bathroom 3, Basement, Bathroom 2, Bathroom 1
    Parking features
    Off Street
    Patio and Porch features
    Deck
    Interior features
    1st Floor Bedroom, Bathtub, One-Floor Living, Storage
    Basement
    Unfinished, Sump Pump, Full
    Size
    3,433 SF
    Lot size
    0.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Forced Air
    Water source
    Public

    Building Details

    Year built
    1880
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Wood, Carpet
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Composition, Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Anchor Real Estate (207) 361-5007 [email protected]

    Listing agent Anchor Real Estate (207) 361-5007

    Listing date Dec 10, 2025

    MLS# 1646114 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

    Classic Triplex in Desirable Neighborhood

    Located in a desirable Portland neighborhood, this well-maintained three-unit New Englander is situated on an oversized 6,500+ sq. ft. double lot. Each of the two-bedroom apartments features a functional layout with abundant natural light, high ceilings, and period character. The property offers flexibility and long-term value for investors seeking rental income or homeowners planning to occupy one unit while renting the others. The fenced-in yard provides space for gardening, entertaining, or pets, and private off-street parking adds convenience. The double lot presents expansion potential, and preliminary review indicates the parcel may be divisible, with the opportunity to create an additional buildable lot (minimum 2,000 sq. ft., subject to buyer verification). The property is located minutes from the Eastern Promenade, local cafes, restaurants, and waterfront trails. The property size is 3,433 square feet and the lot size is 0.15 acres. The zoning is RN-4.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Food Market Clothing Store Daycare Center Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.249748
    Latitude
    43.668365

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    FAQs

    What type of property is this?
    Triplex - Three-unit property with income potential and development possibilities.
    Where is this triplex located?
    The property is located at 64-66 Melbourne St Portland, ME.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: - Rare oversized 6,500+ sq. ft. double lot on Munjoy Hill, potentially divisible for an additional buildable lot (subject to verification).; - Three-unit property offering income-producing potential and flexible living arrangements.; - Prime location in a desirable, walkable neighborhood, minutes from Eastern Promenade, cafes, restaurants, and waterfront trails.
    (207) 361-5007
    Request Owner's contact information
    64-66 Melbourne St Portland, ME 04101
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    Portland, ME 04101
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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
    64-66 Melbourne St Portland, ME 04101
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