Walk to USM literally one block away! Recently improved property with many upgrades thru-out. Excellent condition. 3 Bedrooms in first floor unit, the second unit is a fully furnished 4 bedroom, 1.5 bath 2nd & 3rd floor apartment. Expanded driveway to accommodate plenty of on-site parking. Laundry facilities in basement for convenience. All leased up and great cash flow. Easy access to downtown Portland, USM, UNE, Baxter Boulevard and Rt 295. The best of locations.
Multi-familyProperty Type
1905Year Built
6,098 sq ftLot Size
$160Price/Sq.Ft.
5 spacesParking
Listed by Mark Fortier• Town & Shore Real Estate
Bought with James Duplissie• Vitalius Real Estate Group, LLC
This charming 2 family in the USM area features many updates: Outstanding kitchen & baths with radiant floor heat, hdwd flooring, sunrooms, large deck, updated windows. Large former owner's unit has 1.5 baths, finished 3rd floor for additional living space. First floor unit is 1-2 bedrooms. Plenty of off-street parking and private rear yard. Quiet side street in university area, close to Back Cove and all Downtown Portland has to offer.
MREIS #895240
Jun 2, 2008
Listed
$309,000
$117/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$7,639 (+4.2%)
$92,700 + $416,200
$508,900
2023
$7,333 (+5.9%)
$92,700 + $416,200
$508,900
2022
$6,926 (+4.8%)
$92,700 + $416,200
$508,900
2021
$6,611 (+1.3%)
$92,700 + $416,200
$508,900
2020
$6,527
$87,200 + $192,800
$280,000
2019
$6,527 (+3.7%)
$87,200 + $192,800
$280,000
2018
$6,294 (+3.8%)
$87,200 + $192,800
$280,000
2017
$6,062 (+2.6%)
$87,200 + $192,800
$280,000
2016
$5,911 (+2.3%)
$87,200 + $192,800
$280,000
2015
$5,776 (+3.1%)
$87,200 + $192,800
$280,000
2014
$5,600
$87,200 + $192,800
$280,000
Tax history for 45 Fessenden St
Year
Property tax
Land + Additions
Assessment*
2024
$7,639 (+4.2%)
$92,700 + $416,200
$508,900
2023
$7,333 (+5.9%)
$92,700 + $416,200
$508,900
2022
$6,926 (+4.8%)
$92,700 + $416,200
$508,900
2021
$6,611 (+1.3%)
$92,700 + $416,200
$508,900
2020
$6,527
$87,200 + $192,800
$280,000
2019
$6,527 (+3.7%)
$87,200 + $192,800
$280,000
2018
$6,294 (+3.8%)
$87,200 + $192,800
$280,000
2017
$6,062 (+2.6%)
$87,200 + $192,800
$280,000
2016
$5,911 (+2.3%)
$87,200 + $192,800
$280,000
2015
$5,776 (+3.1%)
$87,200 + $192,800
$280,000
2014
$5,600
$87,200 + $192,800
$280,000
*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
7
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
6,098 Sq. Ft.
Year renovated
—
Sq. Ft.
2,652
Year built
1905
Style
Multi-Family (2-4 Unit)
County
Cumberland County
APN
118369
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
R5
Residential
To provide appropriate areas of the city for medium-density residential development characterized by singlefamily, two-family and low-intensity multifamily dwellings on individual lots; to ensure the stability of established medium-density neighborhoods by controlling residential conversions; and to provide for planned residential unit development on substantially-sized parcels.
Dec 21, 2025 • Final
Hvac
HVAC
Jun 3, 2025 • Final
Electrical
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: 5 - 10 Spaces, Paved, Reclaimed, On Site