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About this home
Welcome to 12 North Street, a 3-unit multifamily home located in the heart of Portland's Munjoy Hill neighborhood. This property combines classic Portland character with thoughtful, high-quality updates. The fully renovated third-floor unit features upscale finishes, exposed wood beams, tile shower and a soaking tub, while the second-floor unit has benefited from recent improvements including kitchen updates, new bathroom flooring, and updated light fixtures. Outside, the shared yard has been transformed into an inviting urban retreat with a new patio, natural landscaping, and raised cedar garden beds, ideal for outdoor dining, gardening, or entertaining. With restaurants, coffee shops, neighborhood markets, and other amenities just steps away, and both the Old Port and I-295 within a mile, the location offers easy access to everything Portland has to offer. Whether you're an investor looking to add a well-positioned property to your portfolio or an owner-occupant looking to offset your mortgage with rental income, 12 North Street offers an appealing combination of location, condition, and versatility.
Multi-familyProperty Type
1867Year Built
3,484 sq ftLot Size
$439Price/Sq.Ft.
1 spaceParking
Listed by Jessica {Jes} Wallimann• Vitalius Real Estate Group, LLC
East End, located between Munjoy Hill and the Old Port, is a residential and waterfront Portland neighborhood with brick rowhouses and harbor-view parks. The neighborhood’s character concentrates around Congress Street near the Eastern Promenade, where corner markets, coffee counters, and small galleries set a steady, walkable rhythm. The Eastern Promenade and Eastern Promenade Trail frame daily routines with Casco Bay breezes and long views. Portland Food Co-op anchors pantry runs with a community-minded feel. The Portland Observatory adds a maritime landmark above the rooftops. Tree-lined blocks mix historic homes with updated apartments, and the shoreline keeps the pace tied to the water.
Provided by Walk Score and Local Logic
Offer insights
12 North St · $1,122,000
$1.12M and above
75% chance or better to win
Why $1.12M+ is a strong offer
DAYS ON MARKET
42 days
The average home goes pending in 50 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Vinyl and wood flooring
Full basement with interior entry and bulkhead
Bedrooms
Three units total: one 1-bedroom unit (third level) and two 2-bedroom units (first and second levels)
Bathrooms
Each unit has one full bathroom (three full baths total)
Kitchen
All units include a refrigerator
Laundry & utility
Washer hookup
Each unit has a dedicated water heater
Each unit has a dedicated electric meter; gas meter not dedicated
Units have heat (steam heating building-wide)
Flooring
Vinyl
Wood
Heating & cooling
Steam heating
Circuit breaker electrical system
Water heaters: gas and heat pump
Exterior features
Patio
Intown, level lot
Home design
Multi-level building
Originally built in 1867
Wood frame construction with wood siding
Stone and brick/mortar foundation
Shingle roof
Zoned RN-4
Parking
Paved off-street parking with 1–4 spaces
Construction
Wood frame with wood siding
Stone and brick/mortar foundation
Shingle roof
Year built 1867
Utilities
Public water
Public sewer
Utilities currently on
Financial info
Three-unit multi-family property
Gross income: $92,400
Operating expenses: $25,102
Current actual rents by unit: $2,500 (1-bed, 3rd level), $2,800 (2-bed, 2nd level), $2,400 (2-bed, 1st level)
Electricity and solar
View estimated energy costs and solar savings for this home
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
Oct 1, 2024 • Final
Electrical
Electrical
Oct 1, 2024 • Final
Plumbing
Bathroom
Kitchen
Plumbing
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.
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 87° expected this year, 18 days in 30 years
6/10 Wind Factor
64% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 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
79/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 12 North St
$1,094,642
$27K under list price of $1.12M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $849K to $1.4M.