Large three unit investment property in a great location. Only a quick walk to the USM campus, Back Bay Boulevard, restaurants and Downtown Portland; while still located in a quiet neighborhood. Each unit has two bedrooms, hardwood flooring, off-street parking and separate storage. All utilities have separate heat, hot water and electric. Heating units are efficient natural gas; The first floor unit's wall boiler was installed in August 2021. Roof redone in 2016. Perfect three unit for an owner-occupied buyer or an investor looking to add another property to their portfolio.
Multi-familyProperty Type
1890Year Built
6,098 sq ftLot Size
$287Est. Price/Sq.Ft.
5 spacesParking
Listed by Ashley Kilmartin• Landing Real Estate
Contact: 207-838-9199
Bought with Andrew Snyder• Portside Real Estate Group
*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
6
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
6,098 Sq. Ft.
Year renovated
—
Sq. Ft.
2,854
Year built
1890
Style
Multi-Family (2-4 Unit)
County
Cumberland County
APN
118372
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.
Jul 30, 2025 • Final
Excavation permit - utility pole installation
Grading
Jul 10, 2022 • Final
Electrical
Replace the electrical service with a new 200 amp service.
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, Off Street
Interior
Bathroom Information
# of Baths (Full): 3
Basement Information
Basement Entry: Full, Doghouse, Unfinished
Interior Features
Interior Features: Walk-in Closets
Flooring: Wood, Vinyl, Tile, Carpet
Laundry Information
Laundry Features: 1st Floor Laundry, Upper Level, Main Level
Multi-Unit Information
# of Units Total: 3
# of 2 Bedroom Units: 3
Operating Expense: $10,345
Gross Income: $46,200
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,550
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,350
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 2
Actual Rent: $950
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Granite, Brick/Mortar
Roof: Shingle
Total Building Area (Sq. Ft.): 2,854
Exterior Features
Patio & Porch Features: Deck
Property Information
Year Built: 1890
Above-Grade Finished Area (Sq. Ft.): 2,854
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $6,098.40
Lot Size (Acres): 0.14
Lot Size Source: Public Records
Lot Features: Level, Intown, Near Turnpike/Interstate, Neighborhood
Zoning: R5
Financial
Tax Information
Annual Tax Amount: $7,359
Tax Year: 2020
Utilities
Utility Information
Has Heating
Heating: Hot Water, Direct Vent Heater, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Off Heating System
Location
Location Information
Unparsed Address: 55 Fessenden Street, Portland, ME 04103
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 2,854
Stories: 2.0
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1890
Year Renovated: —
County: Cumberland County
APN: 118372
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Ocean Avenue School
Public K-5 • Assigned • 1.0mi
7/10
Deering High School
Public 9-12 • Assigned • 1.1mi
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 88° expected this year, 17 days in 30 years
6/10 Wind Factor
60% 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 • 04103
Average low and high temperatures (°F)
30
16
33
15
44
28
53
37
64
48
76
57
81
63
78
58
72
54
62
43
49
33
35
20
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
Estimated sale price
$778,000 – $942,000
Reach more buyers when you sell with Redfin. Save up to $8,185 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.