MULTI-FAMILY •Three unit multi-family with strong rental history •Value add opportunity with vacant non-conforming fourth unit •Three car garage on a triple lot •Excellent location with limited river views Showing note: Tenants require 48 hour notice
Multi-familyProperty Type
1920Year Built
0.35 acresLot Size
$250Price/Sq.Ft.
3 garage spacesParking
Listed by Peter Harrington• Malone Commercial Brokers, Inc.
Listed by Michelle Peacock• Malone Commercial Brokers, Inc.
Libbytown, located between the West End and Deering Center, is a residential and industrial Portland neighborhood with hillside streets and big-sky views toward the Fore River. The character concentrates around the Congress Street corridor near the I-295 ramps, where corner markets, takeout counters, and auto shops share the blocks with older brick buildings. Triple Decker-style homes and compact apartment buildings mix with light-industrial lots and rail-adjacent edges. The Portland Transportation Center adds a steady pulse of arrivals and departures. Fore River Parkway and nearby trails frame the neighborhood with green breaks and long walking routes.
Provided by Walk Score and Local Logic
Offer insights
1530 Congress St · $1,000,000
$988K and above
75% chance or better to win
Why $988K+ is a strong offer
DAYS ON MARKET
170 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
32–36 inch interior doors for accessibility
Storm doors
Double-pane windows
Bedrooms
One 3-bedroom unit on the first level
One 2-bedroom unit on the second level
One 1-bedroom unit on the third level
Bathrooms
Three full bathrooms across units
One half bath
Kitchen
Refrigerator in each unit
Laundry & utility
Main level laundry
Each unit has electric service; dedicated electric meter for each unit
Gas water heater for the building
Flooring
Carpet
Luxury vinyl
Heating & cooling
Baseboard heating
Heat pump
Exterior features
Deck
Porch
Near shopping and town
Neighborhood setting
Level lot
Near public transit
Seasonal river view of the Fore River
Home design
Multi-level building
Post & beam structure
Facing/residence layout includes multiple units
Parking
Detached 3-car garage
Paved parking
Additional 11–20 parking spaces
Construction
Wood frame construction with vinyl siding
Shingle roof
Granite and brick/mortar foundation
Built in 1920
Utilities
Public water
Public sewer
Electric with circuit breakers
HOA & community
No cats allowed
No dogs allowed
Financial info
Three total rental units
Gross income: $65,326
Operating expenses: $38,747
Electricity and solar
View estimated energy costs and solar savings for this home
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.
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
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1530 Congress St
$926,729
$73K under list price of $1.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $880K to $1.4M.