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209-211 State Street, Portland, ME, 04101

14beds
11baths
11,000sqft
$2,390,000
$217price/sqft
$16,045/moest. monthly cost
$641,800/yrincome needed

About This Home

Presenting a rare opportunity to acquire a distinguished 10-unit multi-family property in Portland's highly desirable Congress Street corridor steps from Longfellow Square. Comprised of two separately deeded buildings, 209 and 211 State Street are part of the historic John W. Munger Block, an architecturally significant brick property constructed in 1855 that showcases the timeless character and craftsmanship that define Portland's historic district. Ideally situated along one of Portland's most recognizable residential corridors, the property is within walking distance of the city's renowned restaurants, shops, medical facilities, transportation options, and waterfront attractions. The location continues to attract strong rental demand from professionals, healthcare workers, and residents seeking an urban lifestyle in one of Maine's most dynamic markets. Investors will appreciate the flexibility afforded by the property's separate deeds, creating potential future disposition, financing, or portfolio management opportunities. The combination of historic character, strong tenant appeal, off-street parking, and a premier Portland location makes 209-211 State Street a compelling long-term investment opportunity. All showings after the group showings are by appointment only.

Getting Around

96
WalkingWalker's Paradise
52
TransitGood Transit
90
BikeBiker's Paradise

Schools

2/10
King Middle SchoolGrades 6-80.5 mi
4/10
Portland High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1855

Materials

  • Roof: Membrane,Shingle,Slate
  • Construction materials: Masonry,Wood Frame,Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other,Victorian
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Interior Entry,Full,Other

Bedrooms & Bathrooms

  • Bedrooms: 14
  • Bathrooms: 11
  • Full bathrooms: 11

Features

  • Flooring: Tile,Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 11,000

Heating & Cooling

  • Heating features: Baseboard,Direct Vent Furnace,Hot Water,Zoned
  • Cooling features: None

Interior Area

  • Total structure area: 11,000
  • Total interior livable area: 11,000 sqft

Property

Details

  • Zoning: RN-4

Features

  • Levels: Multi/Split

Lot

  • Lot size: 7,840 sqft
  • Features: Historic District,City Lot,Near Shopping,Sidewalks

Parking

  • Parking features: Paved,5 - 10 Spaces,Leased,On Site,Off Street,Tandem