Beautiful, historic, West End multifamily for sale. Below-market rate rents. Potential to add unit and laundry. Please click brochure in attachments for more information.
Beautiful, historic, West End multifamily property for sale. Can be bought with abutting multifamily for a total of 10 units for $1.625m. Call listing agent for information.
MREIS #1377267
Feb 15, 2019
Sold
$1,500,000
$153/sq ft
Nov 19, 2018
Listed
$1,625,000
$166/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$11,880 (+4.2%)
$246,500 + $545,000
$791,500
2023
$11,406 (+5.9%)
$246,500 + $545,000
$791,500
2022
$10,772 (+4.8%)
$246,500 + $545,000
$791,500
2021
$10,282 (+3.1%)
$246,500 + $545,000
$791,500
2020
$9,972
$194,600 + $233,200
$427,800
2019
$9,972 (+3.7%)
$194,600 + $233,200
$427,800
2018
$9,617 (+3.8%)
$194,600 + $233,200
$427,800
2017
$9,262 (+2.6%)
$194,600 + $233,200
$427,800
2016
$9,031 (+2.3%)
$194,600 + $233,200
$427,800
2015
$8,826 (+3.2%)
$194,600 + $233,200
$427,800
2014
$8,556
$194,600 + $233,200
$427,800
Tax history for 138-140 Pine St
Year
Property tax
Land + Additions
Assessment*
2024
$11,880 (+4.2%)
$246,500 + $545,000
$791,500
2023
$11,406 (+5.9%)
$246,500 + $545,000
$791,500
2022
$10,772 (+4.8%)
$246,500 + $545,000
$791,500
2021
$10,282 (+3.1%)
$246,500 + $545,000
$791,500
2020
$9,972
$194,600 + $233,200
$427,800
2019
$9,972 (+3.7%)
$194,600 + $233,200
$427,800
2018
$9,617 (+3.8%)
$194,600 + $233,200
$427,800
2017
$9,262 (+2.6%)
$194,600 + $233,200
$427,800
2016
$9,031 (+2.3%)
$194,600 + $233,200
$427,800
2015
$8,826 (+3.2%)
$194,600 + $233,200
$427,800
2014
$8,556
$194,600 + $233,200
$427,800
*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
3,049 Sq. Ft.
Year renovated
—
Sq. Ft.
4,674
Year built
1900
Style
Multi-Family (5+ Unit)
County
Cumberland County
APN
115065
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
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.
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: 11 - 20 Spaces, Gravel, Common, Off Street
Interior
Basement Information
Basement Entry: Interior, Bulkhead, Daylight, Full, Exterior Only
Interior Features
Flooring: Wood
Fireplace Information
# of Fireplaces: 8
Has Fireplace
Multi-Unit Information
# of Units Total: 10
# of 1 Bedroom Units: 10
Operating Expense: $49,964
Gross Income: $171,600
Exterior
Building Information
Construction Materials: Brick, Masonry
Foundation Details: Granite
Roof: Slate
Total Building Area (Sq. Ft.): 9,800
Property Information
Year Built: 1880
Above-Grade Finished Area (Sq. Ft.): 9,800
Lot Information
Lot Size (Sq. Ft.): $10,018.80
Lot Size (Acres): 0.23
Lot Size Source: Public Records
Lot Features: Sidewalks, Historic District, Intown, Near Town, Neighborhood
Zoning: R6
Financial
Tax Information
Annual Tax Amount: $19,234
Tax Year: 2017
Utilities
Utility Information
Has Heating
Heating: Steam, Radiator
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: On Demand
Location
HOA Information
Pets Allowed: No Restrictions
Location Information
Unparsed Address: 138-140 Pine Street, Portland, ME 04102
Directions: Down State Street in Portland, left onto Pine Street, one building up on left before Neal Street crosses Pine.
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,674
Stories: —
Lot Size: 3,049 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Cumberland County
APN: 115065
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Howard C Reiche Community School
Public PreK-5 • Assigned • 0.2mi
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
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 • 04102
Average low and high temperatures (°F)
30
17
33
16
44
29
53
37
63
48
75
58
81
63
78
59
72
54
61
44
50
34
35
21
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.