15 Russell Street, Portland, ME 04102

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
15 Russell Street,Portland, ME 04102
$350,000
  • - Beds
  • 2 Baths
  • 2,209 sq. ft.
  • Multi-family
  • Active
Office: keller williams realty
MLS#:1683359
Source:ME_MREIS

Price summary

  • Price:$350,000
  • Price per sq. ft.:$158.44

About this home

Prime Portland Investment Opportunity! Calling all investors, contractors, and visionaries. Located in a highly desirable Portland neighborhood, this 2-unit duplex at 15 Russell Street offers a rare chance to bring a multi-family property back to life. Priced aggressively this building is a true blank canvas awaiting a complete top-to-bottom renovation. Whether you are looking to execute a full condo-conversion, design a premium owner-occupied multi-family, or add a high-yield rental asset to your portfolio, the potential here is unmatched. The property requires extensive rehabilitation and is being sold strictly as-is, making it an ideal candidate for cash buyers or 203k/construction financing. Capitalize on Portland's exceptionally strong rental market and severe inventory shortage. Properties with this level of value-add potential are increasingly rare. Bring your architect, your contractor, and your imagination to unlock the immense equity waiting within these walls.

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Home facts

  • Year built:1910
  • Listing ID #:1683359
  • Updated:October 07, 2026 at 07:54 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl, Wood
  • Basement Description:Brick/Mortar, Interior Entry, Partial
  • Living area:2,209 sq. ft.

Heating and cooling

  • Heating:Heating, Oil, Steam

Structure and exterior

  • Roof:Fiberglass
  • Year built:1910
  • Building area:2,209 sq. ft.
  • Lot area:0.06 Acres
  • Lot Features:Intown, Near Shopping, Sidewalks
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Brick/Mortar, Pillar/Post/Pier
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$158.44
  • Tax amount:$7,434 (2025)

Parking

  • Parking description:No Driveway, None
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello

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