272 State Street, Portland, ME 04101

$1,580,000
Property Type: Multi-Family Baths: 7 Square Footage: 4,454 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $1,580,000 List Date: 6/10/2026 Last Modified: 6/11/2026

Overview

Description

Originally constructed in 1894 and recognized by Greater Portland Landmarks as the John Howard Hill House, this well-maintained seven-unit brick investment property combines historic character with modern updates in a prime Portland location near Maine Medical Center, the University of Southern Maine, and downtown Portland. This property offers seven spacious apartments, including one efficiency unit, with strong rental appeal and long-term upside. Recent improvements include two new toilets, four new bathroom vanities, a new sink, a new refrigerator, and a new stove. All units feature keyless entry systems, providing added convenience for tenants and streamlined management for ownership. Solid brick construction contributes to low-maintenance ownership, while the property's desirable location continues to attract tenants seeking proximity to major employers, educational institutions, and Portland's restaurants, shops, and amenities. The property also includes four off-street parking s ...

Listing Details MLS# 1666398

Location Information

Street #
272
Street Name
State
Street Type
Street
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04101
Zip +4
2349
Leased Land
No
Book
40571
Page
162
Map
48
Block
D
Lot
12
Zoning
R6
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
15255
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Original List Price
1580000

Property Information

Surveyed
Unknown
Seasonal
No
Owner Occupied
No
Deed/Conveyance Type Offered
Quit Claim w/Covenant
Deed
All
Number of Units
7
Total Baths
7
Total Full Baths
7
Color
Brick
Year Built
1894
SqFt Finished Above Grade
4454
SqFt Finished Total
4454
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.12
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0
Garage Spaces
0

Water Info

Water Frontage
No
Water View
No

Units

# of 1 BD Units
7

Unit 1

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1650
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

More Information

Unit 2

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1300
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1462
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1500
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes
Sewer
Yes

Unit 5

Lease
Yes
Level
Third
Security Deposit
Yes
Monthly Rent
1345
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 6

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1235
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 7

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1650
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Utilities

Utilities On
Yes

Site

Level
Yes
Sidewalks
Yes

Location

Historic District
Yes
Intown
Yes
Near Shopping
Yes
Near Turnpike/Interstate
Yes
Neighborhood
Yes

Roads

Paved
Yes
Public
Yes

Style

Other
Yes
Victorian
Yes

Construction

Masonry
Yes

Basement

Full
Yes

Foundation Materials

Brick/Mortar
Yes

Exterior

Brick
Yes

Roof

Pitched
Yes
Slate
Yes

Heat System

Baseboard
Yes
Hot Water
Yes

Energy Efficiency

Thermostat
Yes
Water Heater
Yes

Heat Fuel

Gas Natural
Yes

Income & Expenses

Gross Income
126504
Operating Expenses
30211.07

Cooling

None
Yes

Floors

Tile
Yes
Wood
Yes

Parking

5 - 10 Spaces
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - On Site
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Common
Yes
Gravel
Yes
Paved
Yes

Basement Entry

Bulkhead
Yes

Water Heater

Off Heating System
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Level; Sidewalks Location: Historic District; Intown; Near Shopping; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Style: Other; Victorian Construction: Masonry Basement: Full Basement Entry: Bulkhead Foundation Materials: Brick/Mortar Exterior: Brick Roof: Pitched; Slate Heat System: Baseboard; Hot Water Heat Fuel: Gas Natural Water Heater: Off Heating System Cooling: None Floors: Tile; Wood Energy Efficiency: Thermostat; Water Heater Driveway: Common; Gravel; Paved Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

IDX
Listing Office: RE/MAX Shoreline
Last Updated: June - 11 - 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.
Search powered by FBS Products