Victorian
For Sale
$795,000
105 Clark Street, Portland, ME 04102
Two residential units feature period millwork and access to an expansive outdoor deck.
Property Size2,256 SF
Price / SF$352.39
Days on Market168
Property Features for 105 Clark Street
General Information
Standard status
Active
Size
2,256 SF
Property subtype
Multi Family Home
Zoning
R-6
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,442
Amenities
deck
Building Details
Building Size
2,256 SF
Year Built
1874
Buildings
1
Stories
2
Units
2
Construction
Victorian
Listed By:
Dan Amero
(207) 762-8053
Source:
Amerorealty
Added: May 14
Changed: Oct 26
Last Checked: Oct 26 at 4:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dan Amero
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Investment Insights
Based on property information with market context.
Dating to 1874, this 2,256-square-foot duplex in Portland’s West End retains Victorian-era character, including original moldings and generous room proportions. The property has two residential units, an expansive deck, and updates completed by the current owners. It is zoned R-6.
The address is 105 Clark Street. Four playgrounds are within a short walk, and the Western Promenade is also nearby, with views toward the White Mountains.
The address is 105 Clark Street. Four playgrounds are within a short walk, and the Western Promenade is also nearby, with views toward the White Mountains.
Key Highlights
- Two‑family property with 2,256 square feet
- Built in 1874 with original moldings and Victorian architectural details
- Expansive outdoor deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,867
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,340
$797.3K
Cap Rate 7%
$569,529
$569.5K
Cap Rate 9%
$442,967
$443.0K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$60.9K $27.00/SF
− Vacancy
−$4.0K −$1.76/SF
EGI
$57.0K $25.25/SF
− OpEx
−$17.1K −$7.57/SF
NOI
$39.9K $17.67/SF
Area
Cumberland County, ME
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,340
Cap Rate 7%
$569,529
Cap Rate 9%
$442,967
Alternative Uses
Best Use
Multifamily LT 5
$569.5K
$498.3K – $664.5K
NOI $39,867 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$529.9K
$463.6K – $618.2K
NOI $37,090 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$620.1K
$542.6K – $723.4K
NOI $43,404 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,696
Businesses Nearby
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Business Placement
Demographics for 04102, ME
18,002
Population
8,633
Households
2.1
Avg Household Size
38
Median Age
62%
College-Educated
96%
High-School Grad
6.0 sq mi
ZIP Area
3,000
Density / Sq Mi
$79,631
Median Household Income
$47,898
Median Earnings
$1,435
Median Rent
$464,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature period millwork and access to an expansive outdoor deck.
Where is this duplex located?
The property is located at 105 Clark Street Portland, ME.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two‑family property with 2,256 square feet; Built in 1874 with original moldings and Victorian architectural details; Expansive outdoor deck
