11 Russell Street, Portland, ME 04102

$1,150,000

Property Type: Multi-Family Baths: 5 Square Footage: 3,500 Lot Size (sq. ft.): 2,614 Status: Active

Current Price: $1,150,000 List Date: 4/08/2026 Last Modified: 4/27/2026

Overview

Description

Located mere steps from Maine Medical Center, 11 Russell Street is a well-located four-unit in Portland's West End with strong rental demand from the healthcare workforce, in a neighborhood with one of the most consistent rental markets in the city,The property has a strong rental history with market rate rents. The unit mix includes one and two-bedroom apartments with layouts that cater to both tenants or actual owner occupancy. Good kitchen space, separate living areas, and functional bedroom sizes. Nothing overly complicated, just solid, livable units that rent well.Separate utilities keep things straightforward. Heating has been updated with gas monitors provided and maintained by Pine State. Additional features include off-street driveway parking, outdoor deck, shared laundry room and basement storage. For those considering owner occupancy, the property offers the opportunity to live in Portland's West End while offsetting expenses with rental income. For investors, it presents a ... (Read more)

Listing Details MLS# 1656948

Location Information

Street #: 11
Street Name: Russell
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04102
Zip +4: 3161
Leased Land: No
Book: 39567
Page: 57
Map: 54
Block: C
Lot: 9
Zoning: R-6
Zoning Overlay: No
Neighborhood Association: West End
Association: No
School District: Portland Public Schools
Full Tax Amount $: 12701
Tax Year: 2026
Tree Growth Y/N: No

Contract Information

Original List Price: 1200000

Property Information

Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
2 Detached Houses on 1 Lot: No
Number of Units: 4
Total Baths: 5
Total Full Baths: 5
Color: West End White
Year Built: 1850
SqFt Finished Above Grade: 3500
SqFt Finished Total: 3500
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.06
Source of Acreage: Public Records
Road Frontage: No
Total Half Baths: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Water Info

Water Frontage: No
Water View: No

Building Info

# Stories: 3
# Heating Units: 6
# Water Heaters: 4

Units

# of 1 BD Units: 2
# of 2 BD Units: 2

More Information

Unit 1

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1800
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 2100
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 2400
# Full Baths: Yes
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 2400
# Full Baths: 2
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Utilities

Utilities On: No

Levels

Multi-Level: Yes

Site

Sidewalks: Yes

Location

Intown: Yes
Near Shopping: Yes
Neighborhood: Yes

Roads

Paved: Yes
Public: Yes

Transportation

Near Airport: Yes
Public Transport Access: Yes

Recreational Water

Nearby: Yes

Style

New Englander: Yes
Other: Yes

Construction

Wood Frame: Yes

Basement

Bulkhead: Yes
Crawl Space: Yes
Dirt Floor: Yes
Full: Yes
Unfinished: Yes

Foundation Materials

Block: Yes
Brick/Mortar: Yes
Poured Concrete: Yes
Stone: Yes

Exterior

Vinyl Siding: Yes

Roof

Shingle: Yes

Heat System

Baseboard: Yes
Direct Vent Furnace: Yes
Forced Air: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 104400
Operating Expenses: 24915.2

Cooling

None: Yes

Floors

Tile: Yes
Wood: Yes

Parking

1 - 4 Spaces: Yes
Off Street: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Restrictions

No Restrictions: Yes

Basement Entry

Bulkhead: Yes

Water Heater

Gas: Yes
Tank: Yes

Amenities

Storage: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Sidewalks Location: Intown; Near Shopping; Neighborhood Roads: Paved; Public Transportation: Near Airport; Public Transport Access Recreational Water: Nearby Style: New Englander; Other Levels: Multi-Level Construction: Wood Frame Basement: Bulkhead; Crawl Space; Dirt Floor; Full; Unfinished Basement Entry: Bulkhead Foundation Materials: Block; Brick/Mortar; Poured Concrete; Stone Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Direct Vent Furnace; Forced Air Heat Fuel: Gas Natural Water Heater: Gas; Tank Cooling: None Floors: Tile; Wood Amenities: Storage Driveway: Paved Parking: 1 - 4 Spaces; Off Street Vehicle Storage: No Vehicle Storage Restrictions: No Restrictions Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Sellers Disclosures ›

Floor Plans ›

Income and Expense ›

IDX

Listing Office: Demetria Real Estate

Last Updated: April - 27 - 2026

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.