23-25 Waterville Street, Portland, ME 04101
$1,720,000
Property Type:
Multi-Family
Baths:
5
Square Footage:
3,337
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$1,720,000
List Date:
8/07/2025
Last Modified:
10/16/2025
Description
An incredible opportunity awaits to own this elegant 1860 Greek Revival in Portland's desirable Munjoy Hill neighborhood, complete with a spacious yard, two-car garage, and income-generating apartment. Whether you're looking for a multi-generational home, rental income, or simply want to enjoy the entire space as your own retreat, this property offers flexibility and enduring value.
The owner's unit, positioned at the front of the lot, is a fully independent residence rich with historic character and thoughtful updates, including a brand new furnace installed in February 2025. The first floor features a gracious entry, a formal drawing room, and a charming ''summer kitchen'' that opens directly to the backyard; ideal for guest suite use, with its own full bath. Upstairs, you'll appreciate the original tin ceilings, wainscoting, and hardwood floors. The updated kitchen flows into a south-facing, sun-filled double parlor with an open living & dining space, high ceilings and water views. An en-suite bedroom with a full bath completes this floor. The top level serves as a private primary suite with a full bathroom, a cozy library or office, and a spacious bedroom.
The second unit is a bright and spacious five-room apartment with a private entrance, outdoor deck, and excellent rental history, ideal for income or guest accommodations. Outside, enjoy professionally landscaped grounds, harbor peaks from the deck, and room to garden and relax. Updated systems include air conditioning, high-efficiency windows, newer plumbing/electrical, a central vacuum system, full winterization for energy savings, and a whole-house generator. Ample storage in both the attic and basement completes the picture. All this in Portland's vibrant East End where you're just steps from the Eastern Prom, East End Beach, and favorites like BLVL Bakery, The Front Room, and Jing Yan Tavern. Come experience this hilltop beauty, and watch the ships sail by from your very own hilltop escape.
Supplements: ********
More Information MLS# 1633474
Location Information
Book: 32882
Leased Land: No
Page: 050
Map: 16
Lot: 20-21
Zoning Overlay: Yes
Association: No
Tree Growth Y/N: No
Street #: 23-25
Street Name: Waterville
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zoning: R6
Full Tax Amount $: 17151.93
Tax Year: 2025
Geo Lat: 43.663898
Geo Lon: -70.245009
Property Information
Surveyed: No
Seasonal: No
Owner Occupied: Yes
Number of Units: 2
Deed/Conveyance Type Offered: Warranty
Deed: All
Bank Owned REO: No
2 Detached Houses on 1 Lot: No
Lot Size Acres +/-: 0.12
Total Baths: 5
Total Half Baths: 1
SqFt Finished Above Grade: 3337
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: Yes
Garage Spaces: 2
Total Full Baths: 4
Year Built: 1860
SqFt Finished Total: 3337
Source of Acreage: Public Records
Site
Sidewalks: 1
Well Landscaped: 1
Location
Intown: 1
Near Public Beach: 1
Near Shopping: 1
Neighborhood: 1
Roads
Public: 1
Water Info
Water Frontage: No
Water View: Yes
Water Body Name: Portland Harbor
Water Body Type
Harbor: 1
Style
Greek Revival: 1
Construction
Wood Frame: 1
Basement
Unfinished: 1
Walk-Out Access: 1
Exterior
Clapboard: 1
Roof
Shingle: 1
Heat System
Heat Pump: 1
Hot Water: 1
Radiator: 1
Heat Fuel
Electric: 1
Gas Natural: 1
Income & Expenses
Gross Income: 68400
Operating Expenses: 0
Cooling
Heat Pump: 1
Floors
Tile: 1
Wood: 1
Units
# of 2 BD Units: 2
Parking
1 - 4 Spaces: 1
Unit 1
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 3500
# Full Baths: 3
# of Rooms: 8
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: No
Water: No
Electric
Circuit Breakers: 1
Unit 2
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 2200
# Full Baths: 1
# Half Baths: 1
# 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
Utilities
Utilities On: Yes
Gas
Natural - At Street: 1
Sewer
Public Sewer: 1
Water
Public: 1
Driveway
Concrete: 1
Basement Entry
Doghouse: 1
Water Heater
Gas: 1
Amenities
Bathtub: 1
In-Law Apartment: 1
Laundry - 2nd Floor: 1
Primary Bedroom w/Bath: 1
Storage: 1
Patio and Porch Features
Deck: 1
Patio: 1
Vehicle Storage
2 Car: 1
Detached: 1
Contract Information
Status: Closed
Original List Price: 1790000
Sold Price: $1,720,000
Current Price: $1,720,000
Status Change Info
Pending Date: 2025-08-09
Closed Date: 2025-10-15
Closed Price: 1720000
Property Features
Site: Sidewalks; Well Landscaped
Location: Intown; Near Public Beach; Near Shopping; Neighborhood
Roads: Public
Water Body Type: Harbor
Style: Greek Revival
Construction: Wood Frame
Basement: Unfinished; Walk-Out Access
Basement Entry: Doghouse
Exterior: Clapboard
Roof: Shingle
Heat System: Heat Pump; Hot Water; Radiator
Heat Fuel: Gas Natural
Water Heater: Gas
Cooling: Heat Pump
Floors: Tile; Wood
Amenities: Bathtub; In-Law Apartment; Laundry - 2nd Floor; Primary Bedroom w/Bath; Storage
Patio and Porch Features: Deck; Patio
Driveway: Concrete
Parking: 1 - 4 Spaces
Vehicle Storage: 2 Car; Detached
Electric: Circuit Breakers
Gas: Natural - At Street
Sewer: Public Sewer
Water: Public
Listing Office:
Portside Real Estate Group
IDX
Last Updated: October - 16 - 2025
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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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