Investors Take Notice! Bring your vision to life with this 4-unit property in the heart of Portland! This vacant building offers immense potential for renovation and revitalization. With significant rehab needed, this is a prime opportunity for developers, investors, or owner-occupants looking to restore and reimagine a multi-unit residence in one of the city's most sought-after neighborhoods. Whether you're seeking a full-scale redevelopment or a long-term investment, 186 Grant Street is a blank slate ready to be transformed. CASH or REHAB LOAN ONLY Currently the property is condemned and needs significant structural repair.
Multi-familyProperty Type
1920Year Built
1,306 sq ftLot Size
$396Est. Price/Sq.Ft.
Listed by John Fitzsimons• Portside Real Estate Group
Bought with Cash Wiseman• Keller Williams Realty
Bought with Richard Reynolds• Keller Williams Realty
Cozy four family home nestled in the Parkside neighborhood. Close to the arts district, great eats, Deering Oaks, Seadogs, the Expo, MMC and all those quaint coffee shops you love! This place is eclectic and comfortable, and offers the opportunity to create that perfect and private outdoor patio and courtyard a look forward to spring and summer evenings to come. Walk to One Longfellow for a show, skate at Deering Oaks, enjoy dinner at dozens of fine restaurants, Friday night Art Walks. .. get the picture? Inside you will find comfortably efficient and spruced up enough to feel right at home.
MREIS #505785
Jun 29, 2001
Listed
$99,000
$55/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$7,493 (+4.2%)
$122,300 + $376,900
$499,200
2023
$7,193 (+23.5%)
$122,300 + $376,900
$499,200
2022
$5,825 (+4.8%)
$122,300 + $305,700
$428,000
2021
$5,560 (+14.6%)
$122,300 + $305,700
$428,000
2020
$4,853
$58,100 + $150,100
$208,200
2019
$4,853 (+3.7%)
$58,100 + $150,100
$208,200
2018
$4,680 (+3.8%)
$58,100 + $150,100
$208,200
2017
$4,508 (+2.6%)
$58,100 + $150,100
$208,200
2016
$4,395 (+2.3%)
$58,100 + $150,100
$208,200
2015
$4,295 (+3.1%)
$58,100 + $150,100
$208,200
2014
$4,164
$58,100 + $150,100
$208,200
Tax history for 186 Grant St
Year
Property tax
Land + Additions
Assessment*
2024
$7,493 (+4.2%)
$122,300 + $376,900
$499,200
2023
$7,193 (+23.5%)
$122,300 + $376,900
$499,200
2022
$5,825 (+4.8%)
$122,300 + $305,700
$428,000
2021
$5,560 (+14.6%)
$122,300 + $305,700
$428,000
2020
$4,853
$58,100 + $150,100
$208,200
2019
$4,853 (+3.7%)
$58,100 + $150,100
$208,200
2018
$4,680 (+3.8%)
$58,100 + $150,100
$208,200
2017
$4,508 (+2.6%)
$58,100 + $150,100
$208,200
2016
$4,395 (+2.3%)
$58,100 + $150,100
$208,200
2015
$4,295 (+3.1%)
$58,100 + $150,100
$208,200
2014
$4,164
$58,100 + $150,100
$208,200
*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
4
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
1,742 Sq. Ft.
Year renovated
—
Sq. Ft.
1,808
Year built
1920
Style
Multi-Family (5+ Unit)
County
Cumberland County
APN
114174
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
Apr 27, 2022 • Final
Electrical
Install an electrical meter pack for a residential building.
Electrical
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, On Street