Located in Portland's desirable West End, this classic brick 4-unit blends historic character with outstanding potential in one of the city's most walkable neighborhoods. Architectural details throughout include hardwood floors, high ceilings, oversized pocket doors, large windows, and timeless period charm. The building includes one 2-bedroom unit, two 1-bedroom units, and one studio, with all units currently vacant, creating a rare opportunity for investors or owner-occupants to establish market rents or reimagine the property. Recent improvements include a roof replaced 3 years ago and a boiler installed just 2 years ago. Laundry is located in the basement, and a large barn offers exceptional flexibility for storage, garage space, or potential carriage house conversion, subject to approvals. A rare opportunity in one of Portland's most sought-after neighborhoods.
Multi-familyProperty Type
1900Year Built
4,356 sq ftLot Size
$280Price/Sq.Ft.
1 spaceParking
Listed by John {Jack} Murphy• The Real Estate Store
Western Promenade, located between the West End and Parkside, is a historic and residential Portland neighborhood with a bluff-top park and sweeping harbor-and-mountain views. The neighborhood’s character concentrates along the Western Promenade itself, where the tree-lined promenade meets the overlook and walkers, runners, and dog-leash strolls set the daily rhythm. Brick and clapboard Victorians, stately apartment buildings, and pocket gardens define the streetscape. The Portland Museum of Art and the Maine College of Art & Design add a gallery-and-studio current nearby. At the International Cryptozoology Museum, curiosity becomes a local pastime. Deering Oaks Park and the Arts District keep the calendar full without changing the quiet tone.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Tile and wood flooring
Full walk-out basement with interior entry
Bedrooms
Four rental units total: three 1-bedroom units and one 2-bedroom unit
Unit locations: third-floor 2-bedroom; second-floor 1-bed (two units); first-floor 1-bed
Bathrooms
Four full bathrooms (total)
Kitchen
All units include a refrigerator
Laundry & utility
Individual units have utilities: water and sewer connected
Dedicated electric meter for each unit
Flooring
Tile flooring
Wood flooring
Heating & cooling
Steam heating
Circuit breaker electric system
Exterior features
Intown location
Level lot with sidewalks
Home design
Multi-unit building (4 units)
RN-4 zoning
Built in 1900
Parking
Gravel parking with 1–4 spaces
Construction
Wood frame and brick construction
Stone foundation
Shingle roof
Utilities
Public water
Public sewer
Gas water heater
Financial info
Gross income reported as $1 (per listing data)
Operating expenses reported as $15,475
Electricity and solar
View estimated energy costs and solar savings for this home
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
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 88° 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 • 04102
Average low and high temperatures (°F)
30
17
33
16
44
29
53
37
63
48
75
58
80
64
77
60
72
54
61
44
50
34
35
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
68/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.5 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 52 Carleton St
$1,176,642
$47K under list price of $1.22M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $849K to $1.4M.