Deering Highlands 3-unit provides a unique opportunity in this market to live in a desirable location, while boosting the return on your investment with rental income and sweat equity! This is a solid, classic Portland multi with good layouts (all 2 bedroom), private decks for each unit, making it very attractive to prospective tenants. Separate systems, a new heat pump in #3, and ample parking are a few of the additional assets that help make this an easy decision. Unit #3 is currently vacant for owner occupancy or additional updating.
Multi-familyProperty Type
1870Year Built
6,969 sq ftLot Size
$249Est. Price/Sq.Ft.
1 spaceParking
Listed by Briton Vitalius• Vitalius Real Estate Group, LLC
Listed by Christopher Sullivan• Vitalius Real Estate Group, LLC
Bought with John Fitzsimons• 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
6,970 Sq. Ft.
Year renovated
—
Sq. Ft.
3,051
Year built
1870
Style
Multi-Family (2-4 Unit)
County
Cumberland County
APN
119152
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 4, 2022 • Final
Electrical
Electrical
Mar 1, 2022 • Final
Electrical
Install new electrical outlets and relocate an existing outlet.
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: 1 - 4 Spaces, Gravel, Paved, On Site, Off Street
Interior
Bathroom Information
# of Baths (Full): 3
Basement Information
Basement Entry: Walk-Out Access, Full, Unfinished
Interior Features
Flooring: Wood, Vinyl, Tile
Laundry Information
Laundry Features: 1st Floor Laundry, Main Level, Coin Laundry
Multi-Unit Information
# of Units Total: 3
# of 2 Bedroom Units: 3
Operating Expense: $13,701
Gross Income: $43,600
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,400
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,400
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 2
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: Third
Refrigerator: Yes
Sewer: No
Water: No
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone, Brick/Mortar
Roof: Shingle
Total Building Area (Sq. Ft.): 3,051
Exterior Features
Patio & Porch Features: Deck, Porch
Property Information
Year Built: 1870
Above-Grade Finished Area (Sq. Ft.): 3,051
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $6,969.60
Lot Size (Acres): 0.16
Lot Size Source: Public Records
Lot Features: Well Landscaped, Level, Sidewalks, Near Shopping, Neighborhood, Near Public Transit
Road Surface Type: Paved
Zoning: R-5
Financial
Tax Information
Annual Tax Amount: $7,312
Tax Year: 2020
Utilities
Utility Information
Has Heating
Heating: Forced Air, Direct Vent Heater
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities On: No
Water Source: Public
Water Heater: Gas, Tank
Location
Location Information
Unparsed Address: 56 Lincoln Street, Portland, ME 04103
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 3,051
Stories: 2.0
Lot Size: 6,970 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1870
Year Renovated: —
County: Cumberland County
APN: 119152
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Ocean Avenue School
Public K-5 • Assigned • 0.6mi
7/10
Deering High School
Public 9-12 • Assigned • 0.6mi
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
59% 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 8.4 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
8.4 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$722,000 – $874,000
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