9 Grasmere Road, Portland, ME 04101

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
9 Grasmere Road,Portland, ME 04101
$898,000
Virtual Tour
  • - Beds
  • 3 Baths
  • 3,119 sq. ft.
  • Multi-family
  • Active
Listed by: john murphy, kevin d'amboise
Office: the real estate store
MLS#:1660702
Source:ME_MREIS

Price summary

  • Price:$898,000
  • Price per sq. ft.:$287.91

About this home

Charming 3-Unit Investment Property Near Back Cove in a Prime Portland Location. Tucked into a desirable, highly walkable neighborhood near the University of Southern Maine, this classic Portland multi-family blends timeless character with strong income potential. The first and second floor units showcase original hardwood floors, period details, and vintage built-ins that highlight the property's historic charm. The third unit offers flexibility and can be combined with the second floor to create an expansive owner's suite, complete with views of Back Cove. A detached garage provides valuable covered parking, protecting vehicles from Maine's elements. Residents enjoy a quiet, tree-lined street just minutes from neighborhood shops, popular cafes, and public transportation. With a proven rental history, consistent cash flow, and low vacancy, this property is well-suited for investors or owner-occupants seeking to live in one of Portland's most desirable locations.

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Home facts

  • Year built:1930
  • Listing ID #:1660702
  • Updated:May 14, 2026 at 02:55 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Tile, Wood
  • Basement Description:Bulkhead, Full
  • Living area:3,119 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Hot Water, Oil

Structure and exterior

  • Year built:1930
  • Building area:3,119 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Intown, Sidewalks
  • Architectural Style:New Englander
  • Construction Materials:Clapboard, Wood Frame
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$898,000
  • Price per sq. ft.:$287.91
  • Tax amount:$11,192 (2025)

Parking

  • Parking description:1 - 4 Spaces, Paved
  • Garage:Yes
  • Garage spaces:2
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