




209-211 State Street, Portland, ME, 04101
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
Schools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Winter Weather
- Coastal Flooding
- Hail
- Hurricane
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,085 | $145,020 |
| Home Insurance | $351 | $4,212 |
| Property Taxes | $2,011 | $24,132 |
| Electricity | $1,598 | $19,187 |
| Total | $16,045 | $192,540 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-26 | Listed for sale | $2,390,000 |
| 2024-03-02 | Listing removed | -- |
| 2024-02-09 | Price change | $1,900 |
| 2023-12-23 | Listed for rent | $2,000 |
| 2020-11-17 | Sold | $2,012,500 |
| 2020-09-21 | Listed for sale | $1,950,000 |
For Sale by Agent
