9 Grasmere Road, Portland, ME 04101

Portland
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
9 Grasmere Road,Portland, ME 04101
$849,000
  • - Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Closed
Office: the real estate store
MLS#:1660702
Source:ME_MREIS

Price summary

  • Price:$849,000

About this home

Charming 3-Unit Investment Property Near Back Cove in a Prime Portland Location. Tucked into a desirable, highly walkable neighborhood near the University of Southern Maine, this classic Portland multi-family blends timeless character with strong income potential. The first and second floor units showcase original hardwood floors, period details, and vintage built-ins that highlight the property's historic charm. The third unit offers flexibility and can be combined with the second floor to create an expansive owner's suite, complete with views of Back Cove. A detached garage provides valuable covered parking, protecting vehicles from Maine's elements. Residents enjoy a quiet, tree-lined street just minutes from neighborhood shops, popular cafes, and public transportation. With a proven rental history, consistent cash flow, and low vacancy, this property is well-suited for investors or owner-occupants seeking to live in one of Portland's most desirable locations.

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Home facts

  • Year built:1930
  • Listing ID #:1660702
  • Updated:September 07, 2026 at 06:55 AM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Linoleum, Tile, Wood
  • Basement Description:Bulkhead, Full, Interior Entry

Heating and cooling

  • Heating:Baseboard, Electric, Heating, Hot Water, Oil

Structure and exterior

  • Roof:Shingle
  • Year built:1930
  • Lot Features:Intown, Sidewalks
  • Architectural Style:New Englander
  • Construction Materials:Clapboard, Wood Frame
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$849,000
  • Tax amount:$11,192 (2025)

Parking

  • Parking description:1 - 4 Spaces, Paved
  • Garage:Yes
  • Garage spaces:2
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