Nestled in Portland's highly desirable Munjoy Hill neighborhood, this 3-unit multifamily offers an exceptional investment opportunity in one of the city's most historic and vibrant areas. Just steps from the Eastern Promenade, renowned restaurants, and the waterfront, the property combines classic New England charm with strong rental potential. Each unit is well-maintained, with natural light and functional layouts that appeal to today's renters. Whether you're looking to expand your portfolio or live in one unit while generating income from the others, 63 Vesper Street delivers prime location, steady returns, and long-term value in Portland's thriving real estate market.
Multi-familyProperty Type
1889Year Built
3,049 sq ftLot Size
$430Est. Price/Sq.Ft.
1 spaceParking
Listed by Martin Macisso JR.• Regency Realty Group
Bought with Maria Morrissette• Fontaine Family-The Real Estate Leader
*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
5
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Sq. Ft.
2,698
Year built
1889
Style
Multi-Family (2-4 Unit)
County
Cumberland County
APN
110315
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
R6
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: 1 - 4 Spaces, Paved, Off Street
Interior
Virtual Tour
Bathroom Information
# of Baths (Full): 3
Basement Information
Basement Entry: Interior, Full, Unfinished
Interior Features
Interior Features: 1st Floor Bedroom, One-Floor Living
Window Features: Double-Pane Windows
Flooring: Wood, Vinyl, Tile
Laundry Information
Laundry Features: Washer Hookup
Multi-Unit Information
# of Units Total: 3
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 2
Gross Income: $58,200
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $2,050
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 1
Actual Rent: $1,350
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 2
Actual Rent: $1,740
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone, Concrete Perimeter
Roof: Pitched, Shingle
Total Building Area (Sq. Ft.): 2,698
Exterior Features
Patio & Porch Features: Deck, Porch
Property Information
Year Built: 1889
Above-Grade Finished Area (Sq. Ft.): 2,698
Levels: Multi-Level
Green Energy Efficient: Smart Electric Meter, Other/See Internal Remarks
Lot Information
Lot Size (Sq. Ft.): $3,049.20
Lot Size (Acres): 0.07
Lot Size Source: Public Records
Lot Features: Level, Sidewalks, Intown, Near Shopping, Neighborhood
Road Surface Type: Paved
Zoning: R6
Waterfront Information
Water Body Name: Casco Bay
Water Body Type: Ocean
Water View: Yes
Financial
Tax Information
Annual Tax Amount: $11,721
Tax Year: 2024
Utilities
Utility Information
Has Heating
Heating: Hot Water, Direct Vent Heater, Baseboard
Has Cooling
Cooling: Window Unit(s)
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Off Heating System
Location
HOA Information
Pets Allowed: No Restrictions
Location Information
Unparsed Address: 63 Vesper Street, Portland, ME 04101
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 2,698
Stories: 2.0
Lot Size: 3,049 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1889
Year Renovated: —
County: Cumberland County
APN: 110315
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
East End Community School
Public PreK-5 • Assigned • 0.6mi
2/10
Lyman Moore Middle School
Public 6-8 • Assigned • 3.5mi
4/10
Deering High School
Public 9-12 • Assigned • 2.6mi
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 87° expected this year, 18 days in 30 years
6/10 Wind Factor
65% 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)
31
18
33
18
44
30
52
39
63
49
74
58
79
64
77
60
71
56
61
46
50
36
36
22
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
$1.10M – $1.33M
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