Colonial Duplex with One-Level
14 Holly Street, Portland, ME 04103
New
MULTI_FAMILY - Colonial, Ranch - Portland, ME
Type:Single Family Residence
Property size:
2,276 SFLot size:
0.21 AcresPrice / SF:
$285/SF- Added:
- Jun 18, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 21 at 11:06 pm
Property Features for 14 Holly Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- RN-3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Basement, Bathroom 3, Bathroom 2
- Parking features
- Off Street
- Patio and Porch features
- Porch, Deck
- Pets allowed
- No
- Interior features
- In-Law Apartment, 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Pantry, Shower, Storage
- Fencing
- Fenced
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,276 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7600
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas, Heat Pump (Heating), Zoned, Hot Water(Heating), Baseboard
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Tile, Carpet, Hardwood, Laminate, Wood
- Building materials
- Wood Frame, Shingle Siding, Vinyl Siding, Wood Siding
- Roof type
- Shingle
- Architectural style
- Ranch, Colonial
- Additional Structures
- Storage
Listing agent Jane Smith (207) 415-5266
Listing office Coldwell Banker Realty 163 Fore St Ste B, Saco, ME (207) 773-1990
Listing date Jun 18, 2026
MLS# 1667516
Listing URL
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- One‑bedroom in‑law apartment added in 1984 with its own entry, separate utilities, vaulted ceilings, private deck, and in‑unit laundry.
- 1920 Colonial/Ranch home with one‑floor living features and a total of 3 bathrooms plus a basement with bonus family room and workshop.
- High‑efficiency Weil‑McLain natural gas boiler plus heat pumps; zoned heating and updated electrical.
- Level, fenced‑in lot with mature trees and mature landscaping; shingle roof and public water and public sewer.
- Updated interior details including gleaming wood flooring, wide moldings, pantry, attic storage, and multiple storage areas.
- Exterior includes vinyl siding, replacement windows, porch and deck, and two paved driveways with off‑street parking.
Overview
Set on a level, fenced-in lot, this classic hip-roof Colonial includes a main home and a separate one-bedroom apartment. The main level features a foyer with 1920s character, gleaming wood floors, wide moldings, and a signature stained-glass window, with a sunny living room that opens to a spacious dining room beside the kitchen. The kitchen includes shaker-style cherry cabinetry, a gas cook range, and counter space with a dining nook that opens to a large sundeck and backyard. The second floor offers four bright corner bedrooms, a full bath, custom built-ins, and central air pumps for summer comfort, along with ceiling fans and attic storage. The lower level adds a bonus family room, a second full bath, a laundry area, and a workshop.
The property includes multiple updates and strong mechanicals, with a high-efficiency Weil-McLain natural gas boiler, heat pumps, and updated electrical. The one-bedroom apartment was added in 1984 and has its own entry, separate utilities, vaulted ceilings, a living room with sliders to a private deck, and a fully applianced kitchen with a breakfast bar. The apartment also includes in-unit laundry and attic storage. Vinyl siding, replacement windows, two paved driveways, and covered storage for bikes, toys, and tools are also included.
Located at 14 Holly Street in Portland, this home sits in an RN-3 zoned setting and offers convenient access to area destinations cited in the listing, including Deering Center, Back Cove, Baxter Woods, Evergreen Trails, and the UNE campus. With the apartment having its own entry and utilities, the configuration supports tenants seeking privacy within a duplex-style setup, as well as owners looking to house family members or maintain a dedicated guest space. The unit has also been used as a registered Airbnb, which may appeal to operators seeking flexible short-term or long-term use, subject to applicable rules.
The property includes multiple updates and strong mechanicals, with a high-efficiency Weil-McLain natural gas boiler, heat pumps, and updated electrical. The one-bedroom apartment was added in 1984 and has its own entry, separate utilities, vaulted ceilings, a living room with sliders to a private deck, and a fully applianced kitchen with a breakfast bar. The apartment also includes in-unit laundry and attic storage. Vinyl siding, replacement windows, two paved driveways, and covered storage for bikes, toys, and tools are also included.
Located at 14 Holly Street in Portland, this home sits in an RN-3 zoned setting and offers convenient access to area destinations cited in the listing, including Deering Center, Back Cove, Baxter Woods, Evergreen Trails, and the UNE campus. With the apartment having its own entry and utilities, the configuration supports tenants seeking privacy within a duplex-style setup, as well as owners looking to house family members or maintain a dedicated guest space. The unit has also been used as a registered Airbnb, which may appeal to operators seeking flexible short-term or long-term use, subject to applicable rules.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.5k | $27.00 |
| − Vacancy | −$4.0k | −$1.76 |
| EGI | $57.5k | $25.25 |
| − OpEx | −$17.2k | −$7.57 |
| NOI | $40.2k | $17.67 |
2,276 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$574.6K
$502.8K – $670.3K
NOI $40,220 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$534.6K
$467.7K – $623.7K
NOI $37,419 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$625.6K
$547.4K – $729.8K
NOI $43,789 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.289253
- Latitude
- 43.678782
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Classic hip-roof Colonial with a separate one-bedroom unit for rental income, extended family use, or guest space.
Where is this duplex located?
The property is located at 14 Holly Street Portland, ME.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: One‑bedroom in‑law apartment added in 1984 with its own entry, separate utilities, vaulted ceilings, private deck, and in‑unit laundry.; 1920 Colonial/Ranch home with one‑floor living features and a total of 3 bathrooms plus a basement with bonus family room and workshop.; High‑efficiency Weil‑McLain natural gas boiler plus heat pumps; zoned heating and updated electrical.
