Solid 8-Unit apartment in downtown Portland with paved parking. This Victorian building features many original features including a gambrel-style roof, wood floors, moldings and stairwells. Easy to manage one-bedroom and studio apartments. Updated electrical panels, spray foam insulations in basement and sills, separate Renaii heaters for each unit are some of the more recent mechanical updates. Excellent in-town location with easy walkability to Deering Oaks Park, Congress Street and the Arts District.
Multi-familyProperty Type
1910Year Built
3,920 sq ftLot Size
$170Price/Sq.Ft.
5 spacesParking
Listed by Jeffrey Davis• Town & Shore Real Estate
Bought with Philip Verrill• Verrill Real Estate, Inc
Portfolio of two income properties totaling 19 apartments in Portland's Parkside neighborhood. 237 High St has 11 units with a mix of one, two and three bedroom units. 241 High St has 8 units with a mix of studios and one bedroom units. The current owner focused on the big stuff as is evident in a new boiler, newer roof, spray foamed basements, and a newer hot water system. Preference is to sell the properties together but they can be split.
APPFOLIO #1
Aug 21, 2023
Rental Removed
$1,323
$0/sq ft
Aug 13, 2023
Listed for Rent
$1,323
$0/sq ft
MREIS #1093970
May 24, 2013
Listed
$459,000
$74/sq ft
MREIS #743300
Apr 21, 2005
Listed
$550,000
$89/sq ft
MREIS #588161
Oct 16, 2002
Listed
$529,000
$86/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$16,966 (+4.2%)
$216,600 + $913,700
$1,130,300
2023
$16,288 (+5.9%)
$216,600 + $913,700
$1,130,300
2022
$15,383 (+4.8%)
$216,600 + $913,700
$1,130,300
2021
$14,683 (+63.4%)
$216,600 + $913,700
$1,130,300
2020
$8,986
$67,000 + $318,500
$385,500
2019
$8,986 (+3.7%)
$67,000 + $318,500
$385,500
2018
$8,666 (+3.8%)
$67,000 + $318,500
$385,500
2017
$8,346 (+2.6%)
$67,000 + $318,500
$385,500
2016
$8,138 (+2.3%)
$67,000 + $318,500
$385,500
2015
$7,953 (+3.2%)
$67,000 + $318,500
$385,500
2014
$7,710
$67,000 + $318,500
$385,500
Tax history for 241 High St
Year
Property tax
Land + Additions
Assessment*
2024
$16,966 (+4.2%)
$216,600 + $913,700
$1,130,300
2023
$16,288 (+5.9%)
$216,600 + $913,700
$1,130,300
2022
$15,383 (+4.8%)
$216,600 + $913,700
$1,130,300
2021
$14,683 (+63.4%)
$216,600 + $913,700
$1,130,300
2020
$8,986
$67,000 + $318,500
$385,500
2019
$8,986 (+3.7%)
$67,000 + $318,500
$385,500
2018
$8,666 (+3.8%)
$67,000 + $318,500
$385,500
2017
$8,346 (+2.6%)
$67,000 + $318,500
$385,500
2016
$8,138 (+2.3%)
$67,000 + $318,500
$385,500
2015
$7,953 (+3.2%)
$67,000 + $318,500
$385,500
2014
$7,710
$67,000 + $318,500
$385,500
*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
4,356 Sq. Ft.
Year renovated
—
Sq. Ft.
6,185
Year built
1910
Style
Multi-Family (5+ Unit)
County
Cumberland County
APN
112761
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: 5 - 10 Spaces, Paved, Off Street
Interior
Virtual Tour
Bathroom Information
# of Baths (Full): 8
Basement Information
Basement Entry: Walk-Out Access, Full, Unfinished
Interior Features
Flooring: Wood, Vinyl, Carpet
Multi-Unit Information
# of Units Total: 8
# of 1 Bedroom Units: 8
Operating Expense: $45,058
Gross Income: $129,780
Unit 1 Information
# of Bedrooms: 1
Actual Rent: $1,264
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 1
Actual Rent: $1,463
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,401
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 1
Actual Rent: $1,205
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 5 Information
# of Bedrooms: 1
Actual Rent: $1,607
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 6 Information
# of Bedrooms: 1
Actual Rent: $1,091
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 7 Information
# of Bedrooms: 1
Actual Rent: $1,401
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 8 Information
# of Bedrooms: 1
Actual Rent: $1,607
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone
Roof: Shingle
Total Stories: 3
Total Building Area (Sq. Ft.): 6,185
Property Information
Year Built: 1910
Above-Grade Finished Area (Sq. Ft.): 6,185
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $3,920.40
Lot Size (Acres): 0.09
Lot Size Source: Public Records
Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Public Transit, Near Railroad
Road Surface Type: Paved
Zoning: R6
Financial
Tax Information
Annual Tax Amount: $16,288
Tax Year: 2024
Utilities
Utility Information
Has Heating
Heating: Space Heater, Direct Vent Heater
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas
Location
Location Information
Unparsed Address: 241 High Street, Portland, ME 04101
Directions: High Street to #241, opposite Grant Street
Public facts
Beds: —
Baths: —
Sq. Ft.: 6,185
Stories: —
Lot Size: 4,356 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1910
Year Renovated: —
County: Cumberland County
APN: 112761
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Howard C Reiche Community School
Public PreK-5 • Assigned • 0.5mi
3/10
Deering High School
Public 9-12 • Assigned • 1.8mi
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, 18 days in 30 years
6/10 Wind Factor
65% 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)
31
18
33
18
44
30
52
39
63
49
74
58
79
64
77
60
71
56
61
46
50
36
36
22
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.