104 Oak Street - a historic 1924 John Calvin Stevens designed building is available for purchase for the first time in nearly two decades. Originally constructed as a hotel, this 29-unit property features 8 studio apartments and 21 one-bedroom units. The simple unit layout and downtown location is highly rentable for an investor or a great option for businesses or organizations in need of housing for staff, students or other needs. Major updates include a new central heating and water system, central fire monitoring, fire doors, and units updated with recent turn-overs. Stacked unit layout for easy maintenance, water views from some units, on-site coin-operated laundry and excellent walkability to downtown employers, restaurants, and cultural amenities.
Multi-familyProperty Type
1900Year Built
3,484 sq ftLot Size
$234Price/Sq.Ft.
Listed by Briton Vitalius• Vitalius Real Estate Group, LLC
Listed by Christopher Sullivan• Vitalius Real Estate Group, LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
—
Sq. Ft.
15,938
Year built
1900
Style
Multi-Family (5+ Unit)
County
Cumberland County
APN
112817
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
B3
DEOZ
Downtown Business District
To maintain and enhance the role of the downtown as the business and commercial center of the region, and to enhance and promote the orderly expansion of retail and service businesses downtown, satisfying the related needs of the city’s resident, working, and visitor populations. The B-3 zone encourages increased housing opportunities downtown, including three-family, four-family, townhouse, and multi-family structures to accommodate Portland’s diverse residential population, and supports an active, walkable pedestrian environment through the encouragement of intensive mixed-use activities, enhancement and maintenance of public and private open space, and the enlivenment and increased attractiveness of the street environment. Standards of the B-3 zone require excellence in urban design, to preserve and capitalize on the unique character and historic fabric of downtown Portland by encouraging reuse of significant existing structures and providing opportunities for an enhanced presence and integration of arts and cultural activities. The zone reinforces the role of downtown as a meeting place for community residents and visitors alike from all walks of life and all socio- economic groups by prioritizing access via multiple modes of transportation and enhancing and protecting the pedestrian environment.
Zone overlays
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Industrial
Hotel / motel
Mixed use
Office
Public service
Property details
Parking
Parking Information
Parking Features: No Parking, No Driveway
Interior
Bathroom Information
# of Baths (Full): 29
Basement Information
Basement Entry: Interior, Full, Unfinished
Interior Features
Flooring: Vinyl, Carpet
Multi-Unit Information
# of Units Total: 29
# of 1 Bedroom Units: 29
Operating Expense: $144,901
Gross Income: $443,129
Unit 1 Information
# of Bedrooms: 1
Actual Rent: $1,300
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 1
Actual Rent: $1,280
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,260
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 1
Actual Rent: $1,180
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Four +
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 5 Information
Actual Rent: $890
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 6 Information
# of Bedrooms: 1
Actual Rent: $1,230
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Four +
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 7 Information
# of Bedrooms: 1
Actual Rent: $1,250
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Four +
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 8 Information
Actual Rent: $870
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 9 Information
# of Bedrooms: 1
Actual Rent: $1,010
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Four +
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 10 Information
# of Bedrooms: 1
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Brick, Wood Frame
Roof: Flat
Total Building Area (Sq. Ft.): 14,678
Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 14,678
Lot Information
Lot Size (Sq. Ft.): $3,484.80
Lot Size (Acres): 0.08
Lot Size Source: Public Records
Lot Features: Open, Sidewalks, Intown
Road Surface Type: Paved
Zoning: B-3
Financial
Tax Information
Annual Tax Amount: $30,513.06
Tax Year: 2026
Utilities
Utility Information
Has Heating
Heating: Radiator, Hot Water
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas
Location
Location Information
Unparsed Address: 104 Oak Street, Portland, ME 04101
Public facts
Beds: —
Baths: —
Sq. Ft.: 15,938
Stories: —
Lot Size: 3,485 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Cumberland County
APN: 112817
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Howard C Reiche Community School
Public PreK-5 • Assigned • 0.5mi
3/10
Deering High School
Public 9-12 • Assigned • 2.0mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 87° expected this year, 19 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04101
Average low and high temperatures (°F)
31
18
33
18
44
30
52
39
63
49
74
58
80
64
77
60
71
56
61
46
50
36
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.5 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.