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    71 Melbourne St Portland, ME 04101

    New
    For Sale
    $995,000

    MULTI_FAMILY - Other - Portland, ME

    Property size:
    2,678 SF
    Lot size:
    0.08 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 12 at 8:06 am

    Property Features for 71 Melbourne St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-6
    Rooms
    Bathroom 1, Basement, Bathroom 2
    Parking features
    Off Street
    Patio and Porch features
    Patio, Deck
    Interior features
    Bathtub, Shower, Storage
    Basement
    Unfinished
    Size
    2,678 SF
    Lot size
    0.08 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Steam, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Wood, Tile, Vinyl
    Building materials
    Wood Siding, Shingle Siding, Asbestos, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Vitalius Real Estate Group (207) 541-3755 [email protected]

    Listing agent Elise Loschiavo (207) 541-3755

    Listing date Dec 10, 2025

    MLS# 1646175 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

    Munjoy Hill Two-Unit Home

    Located in the heart of Portland's Munjoy Hill neighborhood, this two-unit property combines classic architectural charm with a unique three-story tower addition. The first-floor unit features high ceilings, three bedrooms, and a bonus room, suitable for either owner occupancy or rental. The second unit is light-filled, offering two bedrooms and a private deck with seasonal views. The property includes off-street parking, an updated heating system, a private yard, and garden space. With a consistent rental history, this property offers both lifestyle and investment appeal. The 2,678 square foot building on a 0.08-acre lot could also be converted to a single-family home. The property is zoned R-6.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -70.25021
    Latitude
    43.668429

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    FAQs

    What type of property is this?
    Duplex - Charming two-unit home in Portland's coveted Munjoy Hill.
    Where is this duplex located?
    The property is located at 71 Melbourne St Portland, ME.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Unique three-story tower addition, unlike anything else on the East End.; - Two-unit property in a coveted Munjoy Hill location.; - Strong, consistent rental history offering investment appeal.
    (207) 541-3755
    Request Owner's contact information
    71 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
    71 Melbourne St Portland, ME 04101
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