Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    78 Atlantic St Portland, ME 04101

    For Sale
    $1,650,000

    MULTI_FAMILY - Colonial - Portland, ME

    Property size:
    2,700 SF
    Lot size:
    0.17 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 78 Atlantic St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R6
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2, Basement
    Patio and Porch features
    Patio
    Basement
    Full, Unfinished
    Size
    2,700 SF
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1872
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Tile
    Building materials
    Aluminum Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Colonial

    Portside Real Estate Group (207) 619-7571 [email protected]

    Listing agent Vanessa Greco (207) 536-4222

    Listing date Oct 27, 2025

    MLS# 1641989 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 Multi-Family Property

    Located atop Munjoy Hill in Portland, this three-unit multi-family property occupies a double lot at the corner of Atlantic and Monument Street, offering access from both streets. The property benefits from R6 zoning and features ocean views from the third floor. The property offers flexibility for various uses, including generating rental income, expanding the existing structure, building a dream home, or developing multiple condos. The property is situated between Congress Street and Fore Street, within walking distance of the Eastern Promenade, East End Beach, walking trails, restaurants, art galleries, and institutions such as WEX and the Northeastern University Roux Institute. The property size is 2700 square feet and the lot size is 0.17 acres.
    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
    -70.246254
    Latitude
    43.665722

    Nearby Similar for Sale

    • $609,000
      2,390 SF

      Stroudwater Two-Unit Multifamily Property

      Well-maintained Portland duplex with modern updates and classic charm.
      1542 Congress St, Portland, ME 04102
      View Details
    • $710,000
      2,612 SF

      Portland Duplex with Attic Potential

      Investment opportunity: spacious units, attic potential, convenient location.
      605 Washington Ave, Portland, ME 04103
      View Details
    • New
      $1,395,000
      3,452 SF

      Contemporary Multifamily Property with Ocean Views

      Updated 5-bedroom, 4-bathroom duplex with ocean views in Portland, ME.
      242 Veranda St, Portland, ME 04103
      View Details
    • $1,150,000
      4,404 SF

      Portland Duplex Near Baxter Boulevard

      1924 Colonial duplex near Baxter Boulevard trail with modern updates.
      103 Deerfield Rd, Portland, ME 04101
      View Details
    • New
      $799,000
      2,592 SF

      Turnkey Historic Multifamily in North Deering

      Updated two-family property near shops, restaurants, and Portland Trails.
      1155 Washington Ave, Portland, ME 04103
      View Details
    • $970,000
      2,607 SF

      Portland Peninsula Four-Unit Multifamily Building

      Four-unit building in prime Portland location with investment potential.
      34 Deering Ave, Portland, ME 04101
      View Details

    FAQs

    What type of property is this?
    Triplex - Three-unit property with ocean views and development potential.
    Where is this triplex located?
    The property is located at 78 Atlantic St Portland, ME.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Rare double lot in the sought-after Munjoy Hill neighborhood with access from two streets (Atlantic and Monument).; - R6 zoning offers diverse development possibilities: expansion, new construction, or condos.; - **Stunning ocean views from the third floor.**
    (207) 536-4222
    Request Owner's contact information
    78 Atlantic St Portland, ME 04101
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    78 Atlantic St
    Portland, ME 04101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    78 Atlantic St Portland, ME 04101
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.