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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.
Redfin Estimate
Market trends in 04102, ME
Last updated August 2026
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Seller's Market
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Sale history for 12 Gilman St
$0/sq ft
$93/sq ft
$97/sq ft
$105/sq ft
Tax history for 12 Gilman St
*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
R6
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.Include but are not limited to:
- Housing-Single unit
- Housing-Multiple units
- Housing-Other
- Bed & breakfast
- Lodging & hospitality-Other
- Cemetery
- Park & open space
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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
Around this home
Schools
Public PreK-5 • Assigned • 0.5mi
Public 9-12 • Assigned • 1.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 88° expected this year, 18 days in 30 years
60% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
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.
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