272 State Street, Portland, ME 04101
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
272 State Street,Portland, ME 04101
$1,580,000
- - Beds
- 7 Baths
- 4,454 sq. ft.
- Multi-family
- Active Under Contract
Office: re/max shoreline
MLS#:1666398
Source:ME_MREIS
Price summary
- Price:$1,580,000
- Price per sq. ft.:$354.74
About this home
Originally constructed in 1894 and recognized by Greater Portland Landmarks as the John Howard Hill House, this well-maintained seven-unit brick investment property combines historic character with modern updates in a prime Portland location near Maine Medical Center, the University of Southern Maine, and downtown Portland. This property offers seven spacious apartments, including one efficiency unit, with strong rental appeal and long-term upside. Recent improvements include two new toilets, four new bathroom vanities, a new sink, a new refrigerator, and a new stove. All units feature keyless entry systems, providing added convenience for tenants and streamlined management for ownership. Solid brick construction contributes to low-maintenance ownership, while the property's desirable location continues to attract tenants seeking proximity to major employers, educational institutions, and Portland's restaurants, shops, and amenities. The property also includes four off-street parking spaces, generating an additional $4,800 in annual income. An opportunity to acquire a historic multifamily asset with strong fundamentals, additional income potential, and a proven location in one of Portland's most established rental corridors...
Contact an agent
Home facts
- Year built:1894
- Listing ID #:1666398
- Updated:August 12, 2026 at 08:37 AM
Rooms and interior
- Total bathrooms:7
- Full bathrooms:7
- Flooring:Tile, Wood
- Basement Description:Bulkhead, Full
- Living area:4,454 sq. ft.
Heating and cooling
- Heating:Baseboard, Gas Natural, Heating, Hot Water
Structure and exterior
- Roof:Pitched, Slate
- Year built:1894
- Building area:4,454 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Historic District, Intown, Level, Near Shopping, Near Turnpike/Interstate, Neighborhood, Sidewalks
- Architectural Style:Victorian
- Construction Materials:Brick, Masonry
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,580,000
- Price per sq. ft.:$354.74
- Tax amount:$15,255 (2025)
Parking
- Parking description:5 - 10 Spaces, Common, Gravel, Paved
New listings near 272 State Street
$675,000Pending2 beds 3 baths1,890 sq. ft.1739 Washington Avenue, Portland, ME 04103
MLS# 1675784Listed by: RE/MAX SHORELINE- New
$1,349,000Active-- beds 5 baths5,003 sq. ft.381 Deering Avenue, Portland, ME 04103
MLS# 1675729Listed by: WAYPOINT BROKERS COLLECTIVE - New
$298,500Active2 beds 2 baths818 sq. ft.41 W Presumpscot Street #B, Portland, ME 04103
MLS# 1675627Listed by: GARDNER REAL ESTATE GROUP - New
$740,000Active2 beds 1 baths1,105 sq. ft.62 India Street #308, Portland, ME 04101
MLS# 1675509Listed by: WAYPOINT BROKERS COLLECTIVE - New
$509,000Active2 beds 2 baths1,180 sq. ft.773 Congress Street #3, Portland, ME 04102
MLS# 1675527Listed by: EXP REALTY - New
$375,000Active1 beds 1 baths519 sq. ft.99 Silver Street #2-5, Portland, ME 04101
MLS# 1675168Listed by: PORTSIDE REAL ESTATE GROUP - New
$632,900Active4 beds 3 baths2,222 sq. ft.332 Palmer Avenue, Portland, ME 04103
MLS# 1675110Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP - New
$559,000Active3 beds 2 baths1,441 sq. ft.86 Gleckler Road, Portland, ME 04103
MLS# 1675081Listed by: KELLER WILLIAMS REALTY - New
$439,000Active2 beds 1 baths1,195 sq. ft.519 Cumberland Avenue #2, Portland, ME 04101
MLS# 1675083Listed by: NORTH POINT REALTY LLC - New
$380,000Active2 beds 2 baths1,232 sq. ft.18 Ashley Lane #18, Portland, ME 04103
MLS# 1675037Listed by: KELLER WILLIAMS REALTY