Congress Street 10-Unit Investment Property! Stable cash flow and some long-term tenants. Features include two lanes of off-street parking and an easy-to-own layout with onsite manager. Perfectly located near Maine Medical Center and Hadlock Field, and within walking distance to restaurants, coffee shops, and local amenities. A prime opportunity to own a solid investment! Group showing.
Multi-familyProperty Type
1900Year Built
5,662 sq ftLot Size
$160Price/Sq.Ft.
1 spaceParking
Listed by Philip Verrill• Verrill Real Estate, Inc
Listed by Irfan Chand• Verrill Real Estate, Inc
Bought with Philip Verrill• Verrill Real Estate, Inc
Congress Street 10-unit investment property - good stable cash flow in an easy to own building. Two lanes of parking and a mix of renovated units, and some longer term tenants. Located near Maine Med and Hadlock field, and walkable to multiple restaurants and coffee shops.
MREIS #746758
May 12, 2005
Listed
$600,000
$79/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$17,607 (+4.2%)
$230,700 + $942,300
$1,173,000
2023
$16,903 (+5.9%)
$230,700 + $942,300
$1,173,000
2022
$15,965 (+4.8%)
$230,700 + $942,300
$1,173,000
2021
$15,237 (+40.2%)
$230,700 + $942,300
$1,173,000
2020
$10,869
$68,400 + $397,900
$466,300
2019
$10,869 (+3.7%)
$68,400 + $397,900
$466,300
2018
$10,482 (+3.8%)
$68,400 + $397,900
$466,300
2017
$10,095 (+2.5%)
$68,400 + $397,900
$466,300
2016
$9,844 (+2.3%)
$68,400 + $397,900
$466,300
2015
$9,620 (+3.2%)
$68,400 + $397,900
$466,300
2014
$9,326
$68,400 + $397,900
$466,300
Tax history for 807 Congress St
Year
Property tax
Land + Additions
Assessment*
2024
$17,607 (+4.2%)
$230,700 + $942,300
$1,173,000
2023
$16,903 (+5.9%)
$230,700 + $942,300
$1,173,000
2022
$15,965 (+4.8%)
$230,700 + $942,300
$1,173,000
2021
$15,237 (+40.2%)
$230,700 + $942,300
$1,173,000
2020
$10,869
$68,400 + $397,900
$466,300
2019
$10,869 (+3.7%)
$68,400 + $397,900
$466,300
2018
$10,482 (+3.8%)
$68,400 + $397,900
$466,300
2017
$10,095 (+2.5%)
$68,400 + $397,900
$466,300
2016
$9,844 (+2.3%)
$68,400 + $397,900
$466,300
2015
$9,620 (+3.2%)
$68,400 + $397,900
$466,300
2014
$9,326
$68,400 + $397,900
$466,300
*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
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
5,663 Sq. Ft.
Year renovated
—
Sq. Ft.
8,782
Year built
1900
Style
Multi-Family (5+ Unit)
County
Cumberland County
APN
114201
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
B2B
Community Business District
To provide neighborhood and community retail, business and service establishments that are oriented to and built close to the street. The B-2b zone is suitable in areas where a more compact urban development pattern exists or where a neighborhood-compatible commercial district is established which exhibits a pedestrian scale and character. Such locations may include the peninsula and other arterials and intersections with an existing urban or neighborhood-oriented building pattern. The B-2b zone encourages mixed-use development, and provides locations for moderate to high-density housing in urban neighborhoods along arterials.
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Industrial
Mixed use
Office
Public service
Park & open space
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Paved
Interior
Bathroom Information
# of Baths (Full): 10
Basement Information
Basement Entry: Exterior Only, Unfinished
Interior Features
Flooring: Wood, Vinyl, Laminate, Carpet
Multi-Unit Information
# of Units Total: 10
# of 1 Bedroom Units: 10
Operating Expense: $47,819
Gross Income: $138,013
Unit 1 Information
# of Bedrooms: 1
Actual Rent: $1,258.88
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 1
Actual Rent: $1,300
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,202.16
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 1
Actual Rent: $988.88
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 5 Information
# of Bedrooms: 1
Actual Rent: $903
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 6 Information
# of Bedrooms: 1
Actual Rent: $850
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 7 Information
# of Bedrooms: 1
Actual Rent: $1,400
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Basement
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 8 Information
# of Bedrooms: 1
Actual Rent: $1,226
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 9 Information
# of Bedrooms: 1
Actual Rent: $1,200
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 10 Information
# of Bedrooms: 1
Actual Rent: $1,172.16
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Shingle
Total Building Area (Sq. Ft.): 7,630
Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 7,630
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $5,662.80
Lot Size (Acres): 0.13
Lot Size Source: Public Records
Lot Features: Open, Sidewalks, Intown, Near Turnpike/Interstate
Road Frontage Type: Private Road
Road Surface Type: Paved
Zoning: B2B
Financial
Tax Information
Annual Tax Amount: $17,607
Tax Year: 2024
Utilities
Utility Information
Has Heating
Heating: Steam, Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Oil
Location
Location Information
Unparsed Address: 807 Congress Street, Portland, ME 04102
Directions: Congress up hill just before light.
Public facts
Beds: —
Baths: —
Sq. Ft.: 8,782
Stories: —
Lot Size: 5,663 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Cumberland County
APN: 114201
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Howard C Reiche Community School
Public PreK-5 • Assigned • 0.4mi
3/10
Deering High School
Public 9-12 • Assigned • 1.7mi
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
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
78
59
72
54
61
44
50
34
35
21
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.