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10 Exchange Street #413, Portland, ME, 04101

3beds
1baths
786sqft
$550,000
$700price/sqft
$3,674/moest. monthly cost
$146,960/yrincome needed

About This Home

Live in the vibrant heart of Portland's historic Old Port District - where cobblestone streets, fine dining, and coastal city charm are just outside. This stylish, airy, and bright three-bedroom pied-à-terre offers convenience and a fantastic opportunity to own in the coveted downtown area. As part of a community of 27 units, the residence features soaring ceilings, oversized windows, and an open layout, creating a space that feels both spacious and welcoming. The cozy kitchen features full-sized stainless appliances and granite countertops. Each bedroom offers comfort and functionality, with tall windows and generous closets. As part of a well-managed association, this home promises a worry-free lifestyle, with laundry facilities on the second floor and Fore Street parking available across the street. For ease, the seller will pay for 2 years of off-street, downtown parking. For those seeking a year-round residence, weekend retreat, or an investment in the heart of Portland, this is an opportunity to own a piece of the city's vibrant energy.

Getting Around

99
WalkingWalker's Paradise
53
TransitGood Transit
80
BikeVery Bikeable

Schools

2/10
King Middle SchoolGrades 6-81.0 mi
4/10
Portland High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1875

Materials

  • Roof: Membrane,Shingle
  • Construction materials: Masonry,Brick

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Brick/Mortar

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Elevator,Shower
  • Flooring: Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 786

Heating & Cooling

  • Heating features: Baseboard,Direct Vent Heater
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 786
  • Total interior livable area: 786 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: PTLDM032BI012413
  • Zoning: B3/Old Port
  • Other equipment: Internet Access Available

Features

  • Levels: Multi/Split

Lot

  • Lot size: 0.26 Acres
  • Features: Historic District,City Lot,Near Shopping,Sidewalks

Parking

  • Parking features: No Driveway,On Street
  • Has uncovered spaces: Yes

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
    Ice StormVery High
  • Winter Weather
    Winter WeatherVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Winter Weather
Coastal Flooding
Hail
Hurricane
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm
Winter Storm

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

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance $80$960
Property Taxes $569$6,828
Electricity $244$2,930
Total$3,674$44,088

Income You'd Need if You Spent...

35% on housing$125,965/yr
40% on housing$110,220/yr
45% on housing$97,973/yr

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.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$700This listing

vs Other Active Listings

Avg $/sqft

ZIP 04101$436
Cumberland County$369

vs Homes Sold Last Month

Median $/sqft

ZIP 04101$508
Cumberland County$317

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

DateEventPrice
2026-08-07Price change$499,000
2026-05-13Listed for sale$550,000
2025-11-03Listing removed$550,000
2025-08-28Price change$550,000
2025-07-25Listed for sale$575,000
2017-09-27Sold$382,500

For Sale by Agent

BrokerageLandVest, Inc.

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