11 Russell Street, Portland, ME 04102

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
11 Russell Street,Portland, ME 04102
$1,200,000
  • - Beds
  • 5 Baths
  • 3,500 sq. ft.
  • Multi-family
  • Active
Listed by: aaron chadbourne
Office: demetria real estate
MLS#:1656948
Source:ME_MREIS

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$342.86

About this home

Located mere steps from Maine Medical Center, 11 Russell Street is a well-located four-unit in Portland's West End with strong rental demand from the healthcare workforce, in a neighborhood with one of the most consistent rental markets in the city,The property has a strong rental history with market rate rents. The unit mix includes one and two-bedroom apartments with layouts that cater to both tenants or actual owner occupancy. Good kitchen space, separate living areas, and functional bedroom sizes. Nothing overly complicated, just solid, livable units that rent well.Separate utilities keep things straightforward. Heating has been updated with gas monitors provided and maintained by Pine State. Additional features include off-street driveway parking, outdoor deck, shared laundry room and basement storage. For those considering owner occupancy, the property offers the opportunity to live in Portland's West End while offsetting expenses with rental income. For investors, it presents a...

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Home facts

  • Year built:1850
  • Listing ID #:1656948
  • Updated:April 10, 2026 at 03:15 PM

Rooms and interior

  • Total bathrooms:5
  • Full bathrooms:5
  • Flooring:Tile, Wood
  • Basement Description:Bulkhead, Crawl Space, Dirt Floor, Full, Unfinished
  • Living area:3,500 sq. ft.

Heating and cooling

  • Heating:Baseboard, Direct Vent Furnace, Forced Air

Structure and exterior

  • Year built:1850
  • Building area:3,500 sq. ft.
  • Lot area:0.06 Acres
  • Lot Features:Intown, Near Public Transit, Near Shopping, Neighborhood, Sidewalks
  • Architectural Style:New Englander
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Block, Brick/Mortar, Concrete Perimeter, Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$342.86
  • Tax amount:$12,701 (2026)

Features and amenities

  • Amenities:Storage

Parking

  • Parking description:1 - 4 Spaces, Off street, Paved
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