Three-Unit Residential Building with
33 O'Brion Street, Portland, ME 04101
New
MULTI_FAMILY - Portland, ME
Property size:
3,584 SFLot size:
0.07 AcresPrice / SF:
$337/SF- Added:
- Jun 8, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 10 at 2:06 am
Property Features for 33 O'Brion Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Basement, Bathroom 2, Bathroom 3
- Parking features
- On Street, Other, Driveway
- Basement
- Unfinished, Full
- 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
- Natural Gas, Baseboard, Oil, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1884
- Number of units
- 3
- Flooring type
- Vinyl, Carpet, Wood
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Membrane, Shingle, 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 8, 2026
MLS# 1654046
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
- Three‑unit building with first‑floor 3‑bedroom + office, second‑floor 2‑bedroom, and third‑floor 1‑bedroom with rooftop deck
- Each unit includes its own outdoor deck for private outdoor space
- Side yard accessible from inside the building or via an abutting paper street
- Built in 1884 with wood frame construction and vinyl siding
- Heating includes natural gas plus baseboard, oil, and hot water (heating) systems
- Utilities: public water and public sewer; parking includes on‑street and driveway
Overview
This three-unit residential building offers a mix of layouts across three floors, with warm, bright, and thoughtfully updated interiors. The first-floor unit includes three bedrooms plus additional office space. The second floor features a two-bedroom layout, and the third-floor apartment is a one-bedroom residence with a rooftop deck. Each unit is described as having its own outdoor deck, providing private outdoor space for tenants or owners.
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.
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.
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 |
3,584 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$904.8K
$791.7K – $1.06M
NOI $63,335 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$841.8K
$736.5K – $982.1K
NOI $58,923 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$985.1K
$861.9K – $1.15M
NOI $68,955 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.243278
- Latitude
- 43.665853
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Well-updated three-unit property in R6 zoning with private outdoor decks and a side yard for added flexibility.
Where is this triplex located?
The property is located at 33 O'Brion Street Portland, ME.
What is the asking price?
The asking price for this property is $1,210,000.
What are key features of this property?
This property features: Three‑unit building with first‑floor 3‑bedroom + office, second‑floor 2‑bedroom, and third‑floor 1‑bedroom with rooftop deck; Each unit includes its own outdoor deck for private outdoor space; Side yard accessible from inside the building or via an abutting paper street
