OFF MARKET

Off Market Feb 2021 for $1.5M

—

•

6,524

sq ft

27 Morning St, Portland, ME 04101

About this home

Earn cash flow + appreciation with this nice 6 unit apartment building that has had many upgrades and is in good condition. Offering (3) 1 Bedrooms and (3) 2 Bedroom units w/ parking, private decks and amazing water views of the Islands and the Eastern Promenade! Yearly gross income: $126,000 w/ separate electric, newer natural gas boilers and rubber roof . This building is an excellent candidate for a 1031 exchange, Air BnB or take the whole top floor and rent (4) units out. . Why buy a condo when you can have this income producing property!!

Multi-familyProperty Type

1915Year Built

2,178 sq ftLot Size

$238Price/Sq.Ft.

Listed by Thomas Gadbois • F.O. Bailey Real Estate

Bought with Edmund {Ed} Gardner III • Gardner Real Estate Group

Redfin checked: a minute ago

•Source:MREIS #1449460

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 04101, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.9%

0.5% MoM

Median sale price

$725K

$26K MoM

Avg. days on market

37d

9 days MoM

Recently sold homes

1 MoM

New listings for sale

$595,000
2 beds2 baths1,730 sq ft
45 Eastern Promenade Unit 8F & 8G, Portland, ME 04101
$1,172,000
5 beds3 baths2,557 sq ft
12 North St, Portland, ME 04101
$785,000
2 beds2 baths1,341 sq ft
61 Montreal St #3, Portland, ME 04101
$789,000
7 beds3 baths3,030 sq ft
124 Sherman St, Portland, ME 04101
$520,000
2 beds1 bath700 sq ft
99 Silver St Unit 3-5, Portland, ME 04101
$549,900
1 bed1.5 baths877 sq ft
75 Chestnut St #609, Portland, ME 04101
3D WALKTHROUGH
$699,900
2 beds2 baths1,030 sq ft
75 Chestnut St #607, Portland, ME 04101
$628,000
1 bed1 bath880 sq ft
94 Park St #3, Portland, ME 04101
$875,000
5 beds3 baths2,535 sq ft
106 Sherman St, Portland, ME 04101
$439,000
2 beds1 bath690 sq ft
129 York St #2, Portland, ME 04101
See all

Provided by Redfin

Sale history for 27 Morning St

Date

Event

Price

MREIS #1449460

Feb 5, 2021

Sold

$1,550,000

$238/sq ft

Sep 30, 2020

Price Changed

$1,599,900

$245/sq ft

Apr 14, 2020

Listed

$1,695,000

$260/sq ft

MREIS #1423970

Jul 11, 2019

Sold

$1,425,000

$218/sq ft

Jul 10, 2019

Listed

$1,595,000

$244/sq ft

+22

Nice 6 unit located on Munjoy Hill's nicest street! Offering (3) 1 Bedrooms and (3) 2 Bedroom units w/ parking, private decks and amazing water views of the Islands and the Eastern Promenade! Yearly gross income: $135,600 w/ separate electric, newer natural gas boilers and rubber roof . This building is an excellent candidate for a 1031 exchange, Air BnB or take the whole top floor and rent (4) units out. . Why buy a condo when you can have this income producing property!

MREIS #1374468

Nov 16, 2018

Price Changed

$1,595,000

$244/sq ft

Oct 19, 2018

Listed

$1,795,000

$275/sq ft

MREIS #1354073

Jun 4, 2018

Listed

$1,100,000

$169/sq ft

Jun 4, 2018

Sold

$1,100,000

$169/sq ft

MREIS #1143708

Oct 10, 2014

Sold

$740,000

$113/sq ft

Year

Property tax

Land + Additions

Assessment*

2024

$16,040 (+4.2%)

$198,900 + $869,700

$1,068,600

2023

$15,399 (+5.9%)

$198,900 + $869,700

$1,068,600

2022

$14,544 (+4.8%)

$198,900 + $869,700

$1,068,600

2021

$13,881 (+47.7%)

$198,900 + $869,700

$1,068,600

2020

$9,401

$98,400 + $304,900

$403,300

2019

$9,401 (+3.7%)

$98,400 + $304,900

$403,300

2018

$9,066 (+3.8%)

$98,400 + $304,900

$403,300

2017

$8,731 (+2.5%)

$98,400 + $304,900

$403,300

2016

$8,514 (+2.3%)

$98,400 + $304,900

$403,300

2015

$8,320 (+3.1%)

$98,400 + $304,900

$403,300

2014

$8,066

$98,400 + $304,900

$403,300

Tax history for 27 Morning St

Year

Property tax

Land + Additions

Assessment*

2024

$16,040 (+4.2%)

$198,900 + $869,700

$1,068,600

2023

$15,399 (+5.9%)

$198,900 + $869,700

$1,068,600

2022

$14,544 (+4.8%)

$198,900 + $869,700

$1,068,600

2021

$13,881 (+47.7%)

$198,900 + $869,700

$1,068,600

2020

$9,401

$98,400 + $304,900

$403,300

2019

$9,401 (+3.7%)

$98,400 + $304,900

$403,300

2018

$9,066 (+3.8%)

$98,400 + $304,900

$403,300

2017

$8,731 (+2.5%)

$98,400 + $304,900

$403,300

2016

$8,514 (+2.3%)

$98,400 + $304,900

$403,300

2015

$8,320 (+3.1%)

$98,400 + $304,900

$403,300

2014

$8,066

$98,400 + $304,900

$403,300

*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

3,485 Sq. Ft.

Year renovated

—

Sq. Ft.

6,524

Year built

1915

Style

Multi-Family (5+ Unit)

County

Cumberland County

APN

110284

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

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: Paved, Off Street

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 6

Basement Information
Basement Entry: Full, Bulkhead, Unfinished

Interior Features
Interior Features: 1st Floor Bedroom, Bathtub
Flooring: Wood, Vinyl
Other Equipment: Cable

Laundry Information
Laundry Features: Coin Laundry

Multi-Unit Information
# of Units Total: 6
# of 1 Bedroom Units: 3
# of 2 Bedroom Units: 3
Operating Expense: $18,975
Gross Income: $126,000

Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,750
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,950
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,300
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4 Information
# of Bedrooms: 1
Actual Rent: $3,500
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 5 Information
# of Bedrooms: 1
Actual Rent: $1,600
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6 Information
# of Bedrooms: 2
Actual Rent: $1,850
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Membrane
Total Building Area (Sq. Ft.): 6,524

Property Information
Year Built: 1915
Above-Grade Finished Area (Sq. Ft.): 6,524

Lot Information
Lot Size (Sq. Ft.): $2,178
Lot Size (Acres): 0.05
Lot Size Source: Public Records
Lot Features: Level, Sidewalks, Near Shopping, Neighborhood
Road Surface Type: Paved
Zoning: R-6

Waterfront Information
Water Body Name: Casco Bay
Water Body Type: Bay
Water View: Yes

Financial

Tax Information
Annual Tax Amount: $9,401
Tax Year: 2019

Utilities

Utility Information
Has Heating
Heating: Steam
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas

Location

Location Information
Unparsed Address: 27 Morning Street, Portland, ME 04101
Directions: Congress St to Morning St

Public facts

Beds: —
Baths: —
Sq. Ft.: 6,524
Stories: —
Lot Size: 3,485 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1915
Year Renovated: —
County: Cumberland County
APN: 110284

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

East End Community School

Public PreK-5 • Assigned • 0.7mi

2/10

Lyman Moore Middle School

Public 6-8 • Assigned • 3.6mi

4/10

Deering High School

Public 9-12 • Assigned • 2.7mi

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, 19 days in 30 years

6/10 Wind Factor

69% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 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 27 Morning St

Data from public records.

Address	Redfin Estimate
21 Morning Street, Portland, ME 6 Beds \| 4 Baths \| 4204 Sq. Ft.	$1,245,784
36 Morning Street, Portland, ME 3 Beds \| 1.5 Baths \| 1590 Sq. Ft.	$942,240

Address	Redfin Estimate
25 Morning Street, Portland, ME 6 Beds \| 3 Baths \| 4227 Sq. Ft.	$1,428,313
33 Morning Street Unit 1, Portland, ME 2 Beds \| 1 Baths \| 1245 Sq. Ft.	$777,020

Address	Redfin Estimate
29 Morning Street, Portland, ME 4 Beds \| 1.5 Baths \| 2396 Sq. Ft.	$1,808,681
37 Morning Street, Portland, ME 6 Beds \| 3 Baths \| 4338 Sq. Ft.	$1,179,737

Property information provided by MREIS when last listed in 2020. This data may not match . Learn more.

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