OFF MARKET

Off market nov 2015 for $575K

—

•

6,202

sq ft

12 Gilman St, Portland, ME 04102

About this home

Solid 8 unit, on quiet West End street near Maine Medical Center and the Western Promenade. Stable tenants under leases & security deposits. Great income ($78,600) with rents below market. Very economical to operate with new, highly efficient gas fired Rinnai boilers and on demand hot water to the units. ($21,256 operating expenses. ) Updated electrical service and wiring throughout. Minor cosmetic improvements to some apartments would create tremendous upside potential. Don't miss this opportunity.

Multi-familyProperty Type

1910Year Built

5,662 sq ftLot Size

$93Price/Sq.Ft.

Listed by John Murton • Keller Williams Realty

Bought with James Ernst • Downeast Realty, Inc.

Redfin checked: a few seconds ago

•Source:MREIS #1215440

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 04102, ME

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.1%

+0.7% MoM

Median sale price

$580K

$27K MoM

Avg. days on market

38d

1 days MoM

Recently sold homes

13 MoM

New listings for sale

NEW 8 HRS AGO
$419,000
2 beds1 bath788 sq ft
197 Pine St #15, Portland, ME 04102
NEW 33 HRS AGO
$2,099,000
4 beds4.5 baths3,089 sq ft
55 Carleton St Unit A, Portland, ME 04102
NEW 33 HRS AGO
$725,000
2 beds1.5 baths1,126 sq ft
73 Brackett St #1, Portland, ME 04102
OPEN SAT, 11AM TO 1PM
$450,000
3 beds1 bath1,050 sq ft
24 Sunset Ln, Portland, ME 04102
OPEN SAT, 11AM TO 12:30PM
$1,099,000
4 beds3 baths2,784 sq ft
115 Clark St, Portland, ME 04102
$1,025,000
3 beds2.5 baths3,305 sq ft
28 Redlon Park Rd, Portland, ME 04102
3D WALKTHROUGH
$729,000
4 beds1.5 baths1,547 sq ft
161 Wayside Rd, Portland, ME 04102
See all

Provided by Redfin

Sale history for 12 Gilman St

Year

Property tax

Land + Additions

Assessment*

2024

$17,868 (+4.2%)

$236,100 + $954,300

$1,190,400

2023

$17,154 (+5.9%)

$236,100 + $954,300

$1,190,400

2022

$16,201 (+4.8%)

$236,100 + $954,300

$1,190,400

2021

$15,463 (+101.4%)

$236,100 + $954,300

$1,190,400

2020

$7,678

$68,800 + $260,600

$329,400

2019

$7,678 (+3.7%)

$68,800 + $260,600

$329,400

2018

$7,405 (+3.8%)

$68,800 + $260,600

$329,400

2017

$7,132 (+2.6%)

$68,800 + $260,600

$329,400

2016

$6,954 (+2.3%)

$68,800 + $260,600

$329,400

2015

$6,796 (+3.2%)

$68,800 + $260,600

$329,400

2014

$6,588

$68,800 + $260,600

$329,400

Tax history for 12 Gilman St

Year

Property tax

Land + Additions

Assessment*

2024

$17,868 (+4.2%)

$236,100 + $954,300

$1,190,400

2023

$17,154 (+5.9%)

$236,100 + $954,300

$1,190,400

2022

$16,201 (+4.8%)

$236,100 + $954,300

$1,190,400

2021

$15,463 (+101.4%)

$236,100 + $954,300

$1,190,400

2020

$7,678

$68,800 + $260,600

$329,400

2019

$7,678 (+3.7%)

$68,800 + $260,600

$329,400

2018

$7,405 (+3.8%)

$68,800 + $260,600

$329,400

2017

$7,132 (+2.6%)

$68,800 + $260,600

$329,400

2016

$6,954 (+2.3%)

$68,800 + $260,600

$329,400

2015

$6,796 (+3.2%)

$68,800 + $260,600

$329,400

2014

$6,588

$68,800 + $260,600

$329,400

*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
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

6,098 Sq. Ft.

Year renovated

—

Sq. Ft.

6,202

Year built

1910

Style

Multi-Family (5+ Unit)

County

Cumberland County

APN

115486

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Residential

To set aside areas on the peninsula for housing characterized primarily by multi-family dwellings at a high density providing a wide range of housing for differing types of households; to conserve the existing housing stock and residential character of neighborhoods by controlling the scale and external impacts of professional offices and other nonresidential uses; and to encourage new housing development consistent with the compact lot development pattern typically found on the peninsula.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Other
Bed & breakfast
Lodging & hospitality-Other
Cemetery
Park & open space

Property details

Parking

Parking Information
Parking Features: No Parking, No Driveway

Interior

Bathroom Information
# of Baths (Full): 8

Basement Information
Basement Entry: Walk-Out Access, Full, Partial, Unfinished

Interior Features
Window Features: Double-Pane Windows
Flooring: Wood, Vinyl, Tile
Other Equipment: Internet Access Available, Cable

Laundry Information
Laundry Features: Coin Laundry

Multi-Unit Information
# of Units Total: 8
# of 1 Bedroom Units: 4
# of 2 Bedroom Units: 2
# of 3 Bedroom Units: 2
Operating Expense: $21,256
Gross Income: $78,600

Unit 1 Information
# of Bedrooms: 1
Actual Rent: $800
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 1
Actual Rent: $750
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 2
Actual Rent: $1,100
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4 Information
# of Bedrooms: 3
Actual Rent: $800
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 5 Information
# of Bedrooms: 2
Actual Rent: $800
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6 Information
# of Bedrooms: 1
Actual Rent: $750
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 7 Information
# of Bedrooms: 1
Actual Rent: $750
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 8 Information
# of Bedrooms: 3
Actual Rent: $800
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Composition, Shingle
Total Building Area (Sq. Ft.): 6,202

Property Information
Year Built: 1910
Above-Grade Finished Area (Sq. Ft.): 6,202
Green Energy Efficient: Water Heater, 90% Efficient Furnace

Lot Information
Lot Size (Sq. Ft.): $5,662.80
Lot Size (Acres): 0.13
Lot Size Source: Public Records
Lot Features: Sidewalks, Intown, Neighborhood, Near Public Transit
Road Surface Type: Paved
Zoning: R6

Subdivision Information
Subdivision Name: West End

Financial

Tax Information
Annual Tax Amount: $6,588
Tax Year: 2014

Utilities

Utility Information
Has Heating
Heating: Hot Water, Forced Air, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities On: No
Water Source: Public
Water Heater: Gas

Location

Location Information
Unparsed Address: 12 Gilman Street, Portland, ME 04102
Directions: Congress St. to Gilman to #12

Public facts

Beds: —
Baths: —
Sq. Ft.: 6,202
Stories: —
Lot Size: 6,098 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1910
Year Renovated: —
County: Cumberland County
APN: 115486

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 • 1.7mi

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

4/10 Heat Factor

7 days above 88° expected this year, 18 days in 30 years

6/10 Wind Factor

60% 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 • 04102

Average low and high temperatures (°F)

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.

8.5 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 04102

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Secured foyer • Grand staircase • $566 HOA

NEW 33 HRS AGO

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NEW 33 HRS AGO

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OPEN SAT, 11AM TO 12:30PM

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Three unit property • Updated interiors • Loft spaces

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3D WALKTHROUGH

$729,000

4 beds1.5 baths1,547 sq ft

161 Wayside Rd, Portland, ME 04102

Renovated kitchen • Updated cabinetry • New appliances

Home values near 12 Gilman St

Data from public records.

Address	Redfin Estimate
10 Gilman Street, Portland, ME 5 Beds \| 4 Baths \| 2908 Sq. Ft.	$840,923
20 Gilman Street, Portland, ME 6 Beds \| 6 Baths \| 4206 Sq. Ft.	—

Address	Redfin Estimate
16 Gilman Street, Portland, ME 11 Beds \| 6 Baths \| 11532 Sq. Ft.	—
3 Gilman Place, Portland, ME 3 Beds \| 3 Baths \| 1091 Sq. Ft.	$477,878

Address	Redfin Estimate
4 Gilman Street, Portland, ME 6 Beds \| 4 Baths \| 2889 Sq. Ft.	$860,613
24 Gilman Street, Portland, ME 5 Beds \| 3 Baths \| 2096 Sq. Ft.	—

Property information provided by undefined .

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