OFF MARKET

Off market may 2023 for $1.1M

$1,188,142

•

3,162

sq ft

197 Congress St, Portland, ME 04101

About this home

Deceptively simple outside, this East End multi-family is fully furnished, turn-key, has a strong furnished-rental income history, and has a parking lot to boot! Inside is much bigger than it appears, with three 2-bedrooms units plus a full guest studio. Each unit has been renovated with a charming, coastal touch and the location is highly desirable to short, medium, and long term tenants and buyers looking to live downtown. This location might just be one of the most walkable on Portland's East Side, sitting at the intersection of Washington's ''restaurant row, '' India Street's gateway to the waterfront, Munjoy Hill's stunning park, and East End Beach. The 5,998 SF lot currently offers a large parking lot and quaint courtyard with the future potential to add additional units. The 1980's construction is a refreshingly attractive alternative to the typical 100+ year old Portland building.

Multi-familyProperty Type

1989Year Built

5,662 sq ftLot Size

$376Est. Price/Sq.Ft.

1 spaceParking

Listed by Briton Vitalius • Vitalius Real Estate Group, LLC

Listed by Christopher Sullivan • Vitalius Real Estate Group, LLC

Bought with Katharine Carey • Vitalius Real Estate Group, LLC

Redfin checked: a minute ago

•Source:MREIS #1550802

Redfin Estimate

$1,188,142

$38K since sold in May 2023$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.1% higher than the average sale price ($1.19M) of 6 comparable homes.

SOLD JUL 30, 2026
$849,000
A
5 beds3 baths3,119 sq ft
9 Grasmere Rd, Portland, ME 04101
SOLD JUN 26, 2026
$815,000
B
7 beds3 baths3,136 sq ft
33 Payson St, Portland, ME 04102
SOLD JUN 1, 2026
$1,425,000
C
4 beds3 baths3,099 sq ft
29 Park St, Portland, ME 04101
SOLD MAY 26, 2026
$1,350,000
D
5 beds3 baths2,861 sq ft
12 Smith St, Portland, ME 04101
SOLD JUL 15, 2026
$1,735,000
E
3 beds3 baths2,593 sq ft
107 Monument St, Portland, ME 04101
SOLD MAR 23, 2026
$950,000
F
8 beds3 baths3,522 sq ft
19 William St, Portland, ME 04103

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Earn from this home

Sell

$256,858

Est. take-home

List your home with Redfin and save $11,881

Market trends in 04101, ME

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.9%

0.5% MoM

Median sale price

$725K

$27K MoM

Avg. days on market

37d

9 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SAT, 1PM TO 2:30PM
$398,000
1 bed1 bath651 sq ft
48 State St #2, Portland, ME 04101
NEW 7 HRS AGO
$599,000
2 beds2 baths1,185 sq ft
25 High St #411, Portland, ME 04101
OPEN SUN, 11AM TO 12:30PM
$819,000
3 beds2.5 baths1,573 sq ft
50 Myrtle St, Portland, ME 04101
OPEN SUN, 9:30AM TO 11AM
$485,000
2 beds1 bath939 sq ft
10 Exchange St #409, Portland, ME 04101
OPEN OCT 12, 12PM TO 1PM
$719,000
5 beds3 baths2,165 sq ft
88-90 Forest Ave, Portland, ME 04101
$1,100,000
3 beds2 baths1,370 sq ft
135 Congress St #3, Portland, ME 04101
$685,000
2 beds2 baths1,317 sq ft
340 Eastern Promenade #233, Portland, ME 04101
$1,025,000
6 beds3 baths3,200 sq ft
178 Congress St, Portland, ME 04101
$725,000
2 beds1.5 baths1,317 sq ft
340 Eastern Promenade #218, Portland, ME 04101
$1,400,000
2 beds2 baths1,327 sq ft
387 Commercial St #326, Portland, ME 04101
See all

Provided by Redfin

Sale history for 197 Congress St

Year

Property tax

Land + Additions

Assessment*

2024

$11,203 (+11.3%)

$255,300 + $491,100

$746,400

2023

$10,063 (+5.9%)

$255,300 + $443,000

$698,300

2022

$9,504 (+4.8%)

$255,300 + $443,000

$698,300

2021

$9,071 (+51.4%)

$255,300 + $443,000

$698,300

2020

$5,991

$94,400 + $162,600

$257,000

2019

$5,991 (+3.7%)

$94,400 + $162,600

$257,000

2018

$5,777 (+3.8%)

$94,400 + $162,600

$257,000

2017

$5,564 (+2.6%)

$94,400 + $162,600

$257,000

2016

$5,425 (+2.3%)

$94,400 + $162,600

$257,000

2015

$5,302 (+3.2%)

$94,400 + $162,600

$257,000

2014

$5,140

$94,400 + $162,600

$257,000

Tax history for 197 Congress St

Year

Property tax

Land + Additions

Assessment*

2024

$11,203 (+11.3%)

$255,300 + $491,100

$746,400

2023

$10,063 (+5.9%)

$255,300 + $443,000

$698,300

2022

$9,504 (+4.8%)

$255,300 + $443,000

$698,300

2021

$9,071 (+51.4%)

$255,300 + $443,000

$698,300

2020

$5,991

$94,400 + $162,600

$257,000

2019

$5,991 (+3.7%)

$94,400 + $162,600

$257,000

2018

$5,777 (+3.8%)

$94,400 + $162,600

$257,000

2017

$5,564 (+2.6%)

$94,400 + $162,600

$257,000

2016

$5,425 (+2.3%)

$94,400 + $162,600

$257,000

2015

$5,302 (+3.2%)

$94,400 + $162,600

$257,000

2014

$5,140

$94,400 + $162,600

$257,000

*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

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,098 Sq. Ft.

Year renovated

—

Sq. Ft.

1,632

Year built

1989

Style

Multi-Family (2-4 Unit)

County

Cumberland County

APN

110894

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Neighborhood Business District

To provide limited areas for the location of small-scale commercial establishments intended to serve a local market. Uses that are complimentary, quiet, and generally do not disturb the comfort and enjoyment of the adjoining neighborhood environment are encouraged, and should be designed for the pedestrian scale and to provide convenient access for nearby residents and workers to walk in to purchase goods and services. Buildings and uses shall be designed with attractive storefronts or similar features, with windows and doors convenient to a public sidewalk. This zone encourages mixed-use buildings, such as commercial first floor with residential uses above or combined retail/office uses in a multi-story structure. The zone also provides the opportunity for high residential density. Suitable locations for this zone may include street intersections and arterial streets with existing or proposed traditional neighborhood retail and service uses.

Permitted uses

Include but are not limited to:

Day care facility
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Industrial
Mixed use
Office
Public service
Park & open space

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces, Paved, Off Street

Interior

Bathroom Information
# of Baths (Full): 4

Basement Information
Basement Entry: Finished

Interior Features
Flooring: Wood, Tile, Laminate

Laundry Information
Laundry Features: Coin Laundry

Multi-Unit Information
# of Units Total: 3
# of 2 Bedroom Units: 2
# of 3 Bedroom Units: 1
Operating Expense: $15,553
Gross Income: $162,000

Unit 1 Information
# of Bedrooms: 2
Actual Rent: $4,000
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 2
Actual Rent: $5,500
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 2
Actual Rent: $4,000
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Shingle
Total Building Area (Sq. Ft.): 3,162

Exterior Features
Other Structures: Shed(s)

Property Information
Year Built: 1989
Above-Grade Finished Area (Sq. Ft.): 1,632
Below-Grade Finished Area (Sq. Ft.): 1,530
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $5,662.80
Lot Size (Acres): 0.13
Lot Size Source: Public Records
Lot Features: Open, Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
Road Surface Type: Paved
Zoning: B1

Financial

Tax Information
Annual Tax Amount: $9,503
Tax Year: 2022

Utilities

Utility Information
Has Heating
Heating: Hot Water, Heat Pump, Baseboard
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas

Location

Location Information
Unparsed Address: 197 Congress Street, Portland, ME 04101

Public facts

Beds: 7
Baths: 4.0
Sq. Ft.: 1,632
Stories: 1.0
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1989
Year Renovated: —
County: Cumberland County
APN: 110894

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

East End Community School

Public PreK-5 • Assigned • 0.6mi

2/10

Lyman Moore Middle School

Public 6-8 • Assigned • 3.5mi

4/10

Deering High School

Public 9-12 • Assigned • 2.3mi

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, 1 days in 30 years

Provided by First Street

Historical weather

Portland, ME • 04101

Average low and high temperatures (°F)

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.

8.5 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.13M – $1.37M

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Nearby similar homes

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3D WALKTHROUGH

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New listings for sale in 04101

OPEN SAT, 1PM TO 2:30PM

$398,000

1 bed1 bath651 sq ft

48 State St #2, Portland, ME 04101

NEW 7 HRS AGO

$599,000

2 beds2 baths1,185 sq ft

25 High St #411, Portland, ME 04101

OPEN SUN, 11AM TO 12:30PM3D WALKTHROUGH

$819,000

3 beds2.5 baths1,573 sq ft

50 Myrtle St, Portland, ME 04101

OPEN SUN, 9:30AM TO 11AM

$485,000

2 beds1 bath939 sq ft

10 Exchange St #409, Portland, ME 04101

OPEN OCT 12, 12PM TO 1PM

$719,000

5 beds3 baths2,165 sq ft

88-90 Forest Ave, Portland, ME 04101

$1,100,000

3 beds2 baths1,370 sq ft

135 Congress St #3, Portland, ME 04101

$685,000

2 beds2 baths1,317 sq ft

340 Eastern Promenade #233, Portland, ME 04101

$1,025,000

6 beds3 baths3,200 sq ft

178 Congress St, Portland, ME 04101

$725,000

2 beds1.5 baths1,317 sq ft

340 Eastern Promenade #218, Portland, ME 04101

Home values near 197 Congress St

Data from public records.

Address	Redfin Estimate
200 Congress St, Portland, ME 3 Beds \| 1 Baths \| 1180 Sq. Ft.	$424,037
195 Congress St Apartment 3, Portland, ME 2 Beds \| 2.5 Baths \| 1578 Sq. Ft.	$666,543

Address	Redfin Estimate
195 Congress St Apartment 2, Portland, ME 3 Beds \| 2 Baths \| 1474 Sq. Ft.	$740,075
201 Congress St, Portland, ME 12 Beds \| 3 Baths \| 5310 Sq. Ft.	$1,337,935

Address	Redfin Estimate
195 Congress St Apartment 1R, Portland, ME 2 Beds \| 1 Baths \| 645 Sq. Ft.	$373,570
205 Congress St, Portland, ME 6 Beds \| 4 Baths \| 3669 Sq. Ft.	$981,198

Property information provided by MREIS when last listed in 2023. This data may not match . Learn more.

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