Multi-Family for Sale: 42 Mellen Street, Portland, ME 04101

4 full baths
$1,195,000
$1,195,000
42 Mellen Street, Portland, ME 04101
4 full baths
$1,195,000
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Price:
$1,195,000
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Type Multi-Family
Style Colonial, Victorian, Rooming House, Multi-Level
Total Baths 4 full baths
Square Feet 3,628 sqft
Lot Size 0.11 acres
Year Built 1884
Taxes Paid $11,800
City Portland
County Cumberland
School District Portland Public Schools
MLS 1592260
Status Active Under Contract
Welcome to a prime opportunity for developers, builders, and investors in Portland! This stunning 9-bedroom rooming home boasts immense potential, presenting an exciting prospect for those with vision. Originally crafted by the renowned architect John Calvin Stevens, this home is a testament to fine craftsmanship and timeless design, offering a unique appeal that's sure to captivate discerning buyers.. Situated in the heart of Portland, this property offers the allure of city living with convenient access to amenities, dining, and entertainment options. With its generous layout, this property offers endless possibilities. Previously configured as a 4-unit, there's ample space for condo conversion or a conversion back to a multi-family home. Boasting 9 bedrooms, this property offers plenty of space for comfortable living arrangements. Whether utilized as a rooming house or transformed into luxury condos, there's no shortage of potential for customization. Ascend to the third-floor deck and soak in breathtaking views of the city skyline. Perfect for relaxation or entertaining, this outdoor space adds another layer of allure to the property....Don't miss out on this exceptional opportunity to make your mark in Portland's thriving real estate market. Whether you're a seasoned developer, ambitious builder, or savvy investor, this property promises a canvas for realizing your vision. Schedule a viewing today and unlock the possibilities that await!

Room Features

Basement Description Full, Walk-Out Access, Unfinished

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $11,800

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Rooms 6
Unit 2 Full Baths 2
Unit 2 of Bedrooms 3
Unit 2 of Rooms 6
Unit 3 Full Baths 1
Unit 3 of Bedrooms 3
Unit 3 of Rooms 6

Price History of 42 Mellen Street, Portland, ME

Date Name Price Difference
06/05/2024 Listing Price $1,195,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$865,000
$247 / sqft
Average
$1,103,000
$308 / sqft
High
$1,375,000
$386 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Portland 04101 0 4.0 $1,195,000 3,628 $329 N/A
91-93 Columbia Road Portland 04103 0 4.0 $1,200,000 3,600 $333 05/31/2024
369 Cumberland Avenue Portland 04101 0 3.0 $865,000 3,500 $247 12/02/2024
164 Danforth Street Portland 04102 0 4.0 $1,150,000 3,462 $332 08/30/2024
49 Clifton Street Portland 04101 0 3.0 $925,000 3,800 $243 07/26/2024
100 Congress Street Portland 04101 0 4.0 $1,375,000 3,565 $386 09/24/2024

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Map of 42 Mellen Street, Portland, ME

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Inquire about this property

Photo of Mitchell Zahn
Direct: 603-554-2051
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by EXP Realty, Jeffrey Walker 888-439-8743
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42 Mellen Street (MLS #1592260) is a colonial, victorian, rooming house, multi-level multi-family listing located in Portland, ME. This multi-family listing is 3,628 sqft and on a lot of 4,792 sqft (or 0.11 acres) and is 140 years old. This property was listed on 12/03/2024 and has been priced for sale at $1,195,000.

The multi-family listing at 369 Cumberland Avenue in Portland is nearby and sold for $865,000 on 12/02/2024. Another nearby multi-family listing, 164 Danforth Street in Portland sold for $1,150,000 on 08/30/2024.

Nearby zip codes are 04021, 04102, 04103, 04106 and 04107. This property neighbors other cities such as Cape Elizabeth, Falmouth, Scarborough, South Portland and Westbrook.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: EXP Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.