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104 Monument Street, Portland, ME, 04101

9beds
3baths
4,896sqft
$2,000,000
$408price/sqft
$13,486/moest. monthly cost
$539,440/yrincome needed

About This Home

Developers Take Notice! This oversized lot is approved for development of 7 condo units. Stunning views overlooking the ocean and located in the highly-desirable Munjoy Hill neighborhood on a quiet street. This lot is just waiting for the right developer to bring their vision and be part of the booming development of Portland Maine!

Getting Around

81
WalkingVery Walkable
50
TransitGood Transit
73
BikeVery Bikeable

Schools

2/10
East End Community SchoolGrades PK-50.6 mi
4/10
4/10
Portland High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1854

Materials

  • Foundation: Brick/Mortar
  • Roof: Flat
  • Construction materials: Wood Frame,Shingle Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Interior Entry,Walk-Out Access,Full,Unfinished,Brick/Mortar

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 4,896

Heating & Cooling

  • Heating features: Steam
  • Cooling features: None

Interior Area

  • Total structure area: 4,896
  • Total interior livable area: 4,896 sqft

Property

Details

  • Parcel number: PTLDM017BG004001
  • Zoning: R6

Features

  • Levels: Multi/Split
  • Patio & porch: Porch
  • Has view: Yes
  • View description: Scenic
  • Waterbody name: Atlantic Ocean

Lot

  • Lot size: 5,662 sqft
  • Features: City Lot,Near Public Beach,Near Turnpike/Interstate,Near Town,Neighborhood,Sidewalks

Parking

  • Parking features: Paved,5 - 10 Spaces

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

  • Winter Weather
    Winter WeatherRelatively High
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
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 $10,113$121,356
Home Insurance $294$3,528
Property Taxes $2,368$28,416
Electricity $711$8,540
Total$13,486$161,832

Income You'd Need if You Spent...

35% on housing$462,377/yr
40% on housing$404,580/yr
45% on housing$359,626/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

$408This listing

vs Other Active Listings

Avg $/sqft

ZIP 04101$434
Cumberland County$368

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
2026-03-23Listed for sale$2,000,000
2026-03-05Listing removed$2,000,000
2026-01-12Price change$2,000,000
2025-10-03Price change$2,150,000
2025-07-04Price change$2,250,000
2025-03-06Listed for sale$2,350,000
2025-02-23Listing removed$2,350,000
2024-10-03Price change$2,350,000
2024-03-20Listed for sale$2,500,000
2023-03-20Listing removed--
2022-09-29Listed for sale$2,500,000
2016-04-13Listing removed$2,500,000
2016-03-24Listed for sale$2,500,000

For Sale by Agent

AgentAlex Munsell
BrokerageReal Broker

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