33 O'Brion Street Portland, ME 04101
MULTI_FAMILY - Portland, ME
- Added:
- Jun 13, 2026
- Days on Market:
- 32
- Last Refresh:
- Jul 14 at 4:06 am
Property Features for 33 O'Brion Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 2, Basement
- Parking features
- On Street, Other
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 3,584 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 14802
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Oil, Baseboard, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1884
- Number of units
- 3
- Flooring type
- Wood, Vinyl, Carpet
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle, Membrane, Flat
Listing agent Jessica Wallimann (207) 939-6832
Listing office Vitalius Real Estate Group, LLC 306 Congress Street, Suite 3, Portland, ME (207) 541-3755
Listing date Jun 13, 2026
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.
Investment Insights
Based on property information with market context.
Situated in Portland’s East End, the property is noted as being just a few blocks from the Eastern Promenade and within walking distance of neighborhood favorites, restaurants, and the waterfront. The building also includes a side yard that can be accessed from within the building or via the abutting paper street, which is highlighted as an uncommon feature for the area. The property is zoned R6.
As a for-sale income property, it can fit owner-occupants seeking an option to live in one of the units while renting the others, as well as investors looking for a three-unit structure with outdoor space. The combination of unit-level decks, a rooftop deck, and the added side-yard access supports tenant comfort and day-to-day usability.
Key Highlights
- 3‑unit building originally built in 1884 with wood‑frame construction and vinyl siding
- Roof includes shingle, membrane, and flat roofing systems
- Public utilities: public water and public sewer
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 | $96.8k | $27.00 |
| − Vacancy | −$6.3k | −$1.76 |
| EGI | $90.5k | $25.25 |
| − OpEx | −$27.1k | −$7.57 |
| NOI | $63.3k | $17.67 |
