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2-Unit Duplex for Renovation
For Sale
$350,000

15 Russell Street, Portland, ME 04102

The two-unit property requires extensive rehabilitation and is offered in its current condition.

Property Size2,209 SF
Price / SF$158.44
Days on Market18

Property Features for 15 Russell Street

General Information

Standard status Active
Size 2,209 SF
Property subtype Multi-family

Property Condition

Severity Major Repairs Needed
Evidence requires extensive rehabilitation

Additional Details

Multifamily Units 2

Building Details

Year Built 1910
Listing Agency: Keller Williams Realty
Listed By: Kevin Fletcher · License #BA903663
Source: Greatislandrealty
Added: Sep 28 Changed: Oct 15 Last Checked: Oct 14 at 11:04PM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This 2,209-square-foot duplex in Portland was built in 1910 and contains two units. The building needs extensive rehabilitation, and the sale is on an as-is basis.

Key Highlights

  • Two‑unit duplex
  • 2,209 square feet
  • Built in 1910

Property Analytics

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Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store HVAC Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,007
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The two-unit property requires extensive rehabilitation and is offered in its current condition.
Where is this duplex located?
The property is located at 15 Russell Street Portland, ME.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit duplex; 2,209 square feet; Built in 1910
More about this property
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