OFF MARKET

Off Market Oct 2022 for $658K

$969,843

•

3,325

sq ft

23 Hanover St, Portland, ME 04101

About this home

This 4 unit building offers great investment opportunities as the property is conveniently located on the peninsula with a full length private driveway and backyard. This property features two 1 bedroom units and two 2 bedroom units with 1 bathroom in each unit. Multiple units include washer/dryer hookups as well as in the basement. Rare opportunity in a developing neighborhood that you won't want to miss out on! Walking distance to many great local restaurants, bars, shops, and entertainment.

Multi-familyProperty Type

1915Year Built

3,049 sq ftLot Size

$292Est. Price/Sq.Ft.

1 spaceParking

Listed by Michael Mullen • Landing Real Estate

Bought with Erika Puschock • Benchmark Real Estate

Redfin checked: 3 minutes ago

•Source:MREIS #1529779

Redfin Estimate

$969,843

$311K since sold in October 2022$114K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.6% lower than the average sale price ($1.07M) of 6 comparable homes.

SOLD MAY 11, 2026
$905,000
A
5 beds2 baths2,678 sq ft
71 Melbourne St, Portland, ME 04101
SOLD JUN 26, 2026
$740,000
B
5 beds4 baths3,568 sq ft
3 Crescent St, Portland, ME 04102
SOLD AUG 26, 2026
$990,000
C
5 beds3.5 baths2,733 sq ft
259 Spring St, Portland, ME 04102
SOLD APR 13, 2026
$1,025,000
D
8 beds3 baths3,372 sq ft
527 Cumberland Ave, Portland, ME 04101
SOLD JUN 1, 2026
$1,425,000
E
4 beds3 baths3,099 sq ft
29 Park St, Portland, ME 04101
SOLD MAY 26, 2026
$1,350,000
F
5 beds3 baths2,861 sq ft
12 Smith St, Portland, ME 04101

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 04101, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.5%

0.5% MoM

Median sale price

$698K

$10K MoM

Avg. days on market

28d

0 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 26 HRS AGO
$439,000
2 beds1 bath690 sq ft
129 York St #2, Portland, ME 04101
$470,000
3 beds1 bath1,140 sq ft
290 Baxter Blvd Unit E2, Portland, ME 04101
OPEN SUN, 10AM TO 11:30AM
$599,000
3 beds1 bath1,396 sq ft
43 Cumberland Ave #2, Portland, ME 04101
$1,325,000
3 beds2.5 baths2,076 sq ft
15 Middle St #308, Portland, ME 04101
$989,000
5 beds3 baths3,228 sq ft
11 South St, Portland, ME 04101
$400,000
3 beds1 bath1,519 sq ft
187 Congress St, Portland, ME 04101
$339,000
1 bed1 bath938 sq ft
99 Silver St Unit 2-11, Portland, ME 04101
$425,000
1 bed1 bath935 sq ft
21 Chestnut St #606, Portland, ME 04101
$645,000
1 bed1 bath851 sq ft
716 Chandler's Wharf #716, Portland, ME 04101
$199,000
1 bed1 bath448 sq ft
58 Portland St #3, Portland, ME 04101
See all

Provided by Redfin

Sale history for 23 Hanover St

Year

Property tax

Land + Additions

Assessment*

2024

$8,823 (+4.2%)

$133,100 + $454,700

$587,800

2023

$8,470 (+5.9%)

$133,100 + $454,700

$587,800

2022

$8,000 (+4.8%)

$133,100 + $454,700

$587,800

2021

$7,636 (+15.0%)

$133,100 + $454,700

$587,800

2020

$6,641

$82,800 + $202,100

$284,900

2019

$6,641 (+3.7%)

$82,800 + $202,100

$284,900

2018

$6,405 (+3.8%)

$82,800 + $202,100

$284,900

2017

$6,168 (+2.6%)

$82,800 + $202,100

$284,900

2016

$6,014 (+2.3%)

$82,800 + $202,100

$284,900

2015

$5,877 (+3.1%)

$82,800 + $202,100

$284,900

2014

$5,698

$82,800 + $202,100

$284,900

Tax history for 23 Hanover St

Year

Property tax

Land + Additions

Assessment*

2024

$8,823 (+4.2%)

$133,100 + $454,700

$587,800

2023

$8,470 (+5.9%)

$133,100 + $454,700

$587,800

2022

$8,000 (+4.8%)

$133,100 + $454,700

$587,800

2021

$7,636 (+15.0%)

$133,100 + $454,700

$587,800

2020

$6,641

$82,800 + $202,100

$284,900

2019

$6,641 (+3.7%)

$82,800 + $202,100

$284,900

2018

$6,405 (+3.8%)

$82,800 + $202,100

$284,900

2017

$6,168 (+2.6%)

$82,800 + $202,100

$284,900

2016

$6,014 (+2.3%)

$82,800 + $202,100

$284,900

2015

$5,877 (+3.1%)

$82,800 + $202,100

$284,900

2014

$5,698

$82,800 + $202,100

$284,900

*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

3,485 Sq. Ft.

Year renovated

—

Sq. Ft.

3,325

Year built

1915

Style

Multi-Family (5+ Unit)

County

Cumberland County

APN

112614

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

B2B

Community Business District

To provide neighborhood and community retail, business and service establishments that are oriented to and built close to the street. The B-2b zone is suitable in areas where a more compact urban development pattern exists or where a neighborhood-compatible commercial district is established which exhibits a pedestrian scale and character. Such locations may include the peninsula and other arterials and intersections with an existing urban or neighborhood-oriented building pattern. The B-2b zone encourages mixed-use development, and provides locations for moderate to high-density housing in urban neighborhoods along arterials.

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: Paved, 1 - 4 Spaces, On Site, On Street

Interior

Bathroom Information
# of Baths (Full): 4

Basement Information
Basement Entry: Bulkhead, Interior Entry, Brick/Mortar

Interior Features
Interior Features: Shower, Storage
Flooring: Laminate, Tile, Vinyl, Wood

Laundry Information
Laundry Features: Main Level, Upper Level, Washer Hookup

Multi-Unit Information
# of Units Total: 4
# of 1 Bedroom Units: 2
# of 2 Bedroom Units: 2
Operating Expense: $18,436
Gross Income: $53,340

Unit 1 Information
# of Baths (Full): 1
# of Bedrooms: 2
# of Rooms: 4
Actual Rent: $800
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Baths (Full): 1
# of Bedrooms: 2
# of Rooms: 4
Actual Rent: $900
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Baths (Full): 1
# of Bedrooms: 1
# of Rooms: 3
Actual Rent: $1,150
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4 Information
# of Baths (Full): 1
# of Bedrooms: 1
# of Rooms: 2
Actual Rent: $1,600
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Wood Frame, Vinyl Siding
Foundation Details: Stone, Brick/Mortar
Roof: Shingle
Total Stories: 3
Total Building Area (Sq. Ft.): 3,325

Exterior Features
Patio & Porch Features: Deck

Property Information
Year Built: 1915
Above-Grade Finished Area (Sq. Ft.): 3,325
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $3,049.20
Lot Size (Acres): 0.07
Lot Size Source: Public Records
Lot Features: Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Sidewalks
Road Surface Type: Paved
Zoning: B2B

Financial

Tax Information
Annual Tax Amount: $7,636
Tax Year: 2021

Utilities

Utility Information
Has Heating
Heating: Baseboard, Hot Water
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities On: Yes
Water Source: Public
Water Heater: Off Heating System

Location

Location Information
Unparsed Address: 23 Hanover Street, Portland, ME 04101

Public facts

Beds: 6
Baths: 4.0
Sq. Ft.: 3,325
Stories: 2.0
Lot Size: 3,485 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1915
Year Renovated: —
County: Cumberland County
APN: 112614

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Howard C Reiche Community School

Public PreK-5 • Assigned • 0.6mi

3/10

Deering High School

Public 9-12 • Assigned • 1.9mi

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

5/10 Heat Factor

7 days above 87° expected this year, 19 days in 30 years

6/10 Wind Factor

67% 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

Is this your home?

Track this home’s value and nearby sales activity

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Home values near 23 Hanover St

Data from public records.

Address	Redfin Estimate
28 Hanover St, Portland, ME 3 Beds \| 2 Baths \| 1953 Sq. Ft.	$712,437
35 Hanover St, Portland, ME 5 Beds \| 2 Baths \| 1892 Sq. Ft.	$612,151

Address	Redfin Estimate
24 Hanover St Apartment A, Portland, ME 2 Beds \| 1.5 Baths \| 1290 Sq. Ft.	$480,263
21 Hanover St, Portland, ME 4 Beds \| 2 Baths \| 2439 Sq. Ft.	$724,805

Address	Redfin Estimate
20 Hanover St, Portland, ME 5 Beds \| 3 Baths \| - Sq. Ft.	$903,396
13 Hanover St, Portland, ME 8 Beds \| 4 Baths \| 1891 Sq. Ft.	—

Property information provided by MREIS when last listed in 2022. This data may not match . Learn more.

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