207 State Street, Portland, ME 04101

$1,050,000
Property Type: Multi-Family Baths: 5 Square Footage: 3,104 Lot Size (sq. ft.): 2,178 Status: Active
Current Price: $1,050,000 List Date: 11/07/2025 Last Modified: 12/30/2025

Description

Location! Location! Location! Just a few steps and you are in the middle of Longfellow Square and Portland's dynamic Arts District! This historic 3-unit building offers tons of possibilities to its new owner. Each unit has its own private entry. Unit one uses the front door, walking into the living room with working fireplace, kitchen, full bath and sunny glass room. Upstairs has a second full bath with three bedrooms. Unit two enters from the private gated courtyard and it a first floor one level one bedroom apartment. Unit three starts on the second floor with a vaulted ceiling kitchen, half bath with laundry. The second level to this unit has a spacious living room, two bedrooms and a full bath. The basement is super insulated and has a newer boiler! This is one of those rare investment opportunities that only knock once. Are you ready? You'll love this downtown Portland gem.

Supplements: ********

More Information MLS# 1643006

Location Information

Book: 40636 Leased Land: No Page: 113 Map: 46 Block: C Lot: 24 Zoning Overlay: Yes Association: No Tree Growth Y/N: No Street #: 207 Street Name: State Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zoning: RN-4 Neighborhood Association: Longfellow Square Full Tax Amount $: 9858 Tax Year: 2024 Geo Lat: 43.653646 Geo Lon: -70.266844

Property Information

Surveyed: No Seasonal: No Number of Units: 3 Lot Size Acres +/-: 0.05 Total Baths: 5 Total Half Baths: 1 Color: Mustard SqFt Finished Above Grade: 3104 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Total Full Baths: 4 Year Built: 1851 SqFt Finished Total: 3104 Source of Acreage: Public Records

Levels

Multi-Level: 1

Site

Level: 1 Open: 1 Sidewalks: 1

Location

Historic District: 1 Intown: 1 Near Shopping: 1 Neighborhood: 1

Roads

Paved: 1 Public: 1

Transportation

Public Transport Access: 1

Water Info

Water Frontage: No Water View: No

Style

Greek Revival: 1

Construction

Wood Frame: 1

Basement

Full: 1 Unfinished: 1

Foundation Materials

Brick/Mortar: 1 Stone: 1

Exterior

Shingle Siding: 1 Wood Siding: 1

Roof

Membrane: 1 Pitched: 1 Shingle: 1

Heat System

Baseboard: 1 Hot Water: 1

Energy Efficiency

ENERGY STAR Qualified Appliances: 1 Insulated Foundation: 1 Water Heater: 1

Building Info

# Fireplaces: 1 # Stories: 3 # Floors: 3 # Heating Units: 1 # Water Heaters: 1

Heat Fuel

Gas Natural: 1

Income & Expenses

Gross Income: 54900 Operating Expenses: 25141

Cooling

None: 1

Floors

Tile: 1 Vinyl: 1 Wood: 1

Units

# of 1 BD Units: 1 # of 2 BD Units: 1 # of 3 BD Units: 1

Parking

Leased: 1 Off Site: 1 On Street: 1

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1425 # Full Baths: 2 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1150 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 2000 # Full Baths: 1 # Half Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

No Driveway: 1

Restrictions

No Restrictions: 1

Basement Entry

Bulkhead: 1 Interior: 1

Water Heater

Off Heating System: 1

Amenities

Bathtub: 1 Fence: 1 Laundry - 1st Floor: 1 Storage: 1

Patio and Porch Features

Patio: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 1050000 List Price: $1,050,000 Current Price: $1,050,000

Property Features

Site: Level; Open; Sidewalks Location: Historic District; Intown; Near Shopping; Neighborhood Roads: Paved; Public Transportation: Public Transport Access Style: Greek Revival Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Bulkhead; Interior Foundation Materials: Brick/Mortar; Stone Exterior: Shingle Siding; Wood Siding Roof: Membrane; Pitched; Shingle Heat System: Baseboard; Hot Water Heat Fuel: Gas Natural Water Heater: Off Heating System Cooling: None Floors: Tile; Vinyl; Wood Amenities: Bathtub; Fence; Laundry - 1st Floor; Storage Patio and Porch Features: Patio Energy Efficiency: ENERGY STAR Qualified Appliances; Insulated Foundation; Water Heater Driveway: No Driveway Parking: Leased; Off Site; On Street Vehicle Storage: No Vehicle Storage Restrictions: No Restrictions Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Listing Office: Gardner Real Estate Group
IDX
Last Updated: December - 30 - 2025
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