44 Hersey Street, Portland, ME 04103

$840,000
Property Type: Multi-Family Baths: 3 Square Footage: 3,154 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $840,000 List Date: 7/02/2025 Last Modified: 3/13/2026

Description

Opportunity meets potential in Portland's highly sought-after Back Bay neighborhood. Whether you're an owner-occupant looking to offset your mortgage or someone eager to build sweat equity in a character-filled home, 44 Hersey Street offers a rare chance to create value in one of the city's most walkable locations. This classic Victorian-style duplex features two distinct living spaces: a convenient first-floor 1-bedroom, 1-bath unit and a spacious multi-level 4-bedroom, 1.5-bath unit above. The larger unit offers generous living space and flexibility for an owner occupant, while the additional unit presents a strong opportunity for rental income. The home retains much of its original charm and character, with high ceilings, period details, and a layout that blends historic appeal with everyday functionality. While the property could benefit from some cosmetic updates, it has been pre-inspected for buyer confidence, and the pricing reflects the improvements a new owner may wish to make. For buyers with vision, this is an ideal chance to personalize the space while building meaningful equity. Outside, the property truly shines. Enjoy a fully fenced backyard perfect for pets, gardening, entertaining, or relaxing around the fire pit. The two-car garage offers valuable off-street parking and storage--an uncommon feature in this neighborhood--and there is potential for future expansion for those looking to grow the property's footprint over time. A walkout, partial daylight basement provides additional utility and flexibility. Located just steps from Baxter Boulevard, parks, playgrounds, schools, neighborhood restaurants, and local shopping, this home offers the lifestyle so many buyers seek--walkable, vibrant, and connected to the best of Portland. With its character, income potential, outdoor space, and prime Back Bay location, 44 Hersey Street is a compelling opportunity for the right buyer to invest in both a home and their future.

Supplements: ********

More Information MLS# 1629032

Location Information

Book: 21054 Leased Land: No Page: 347 Map: 129 Lot: G-18 Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 44 Street Name: Hersey Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04103 Zip +4: 4508 Zoning: R3 Full Tax Amount $: 8677 Tax Year: 2024 Geo Lat: 43.6724 Geo Lon: -70.282232

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 2 Deed/Conveyance Type Offered: Warranty Deed: All Lot Size Acres +/-: 0.12 Total Baths: 3 Total Half Baths: 1 Color: TAN/GREEN Road Frontage +/-: 60 SqFt Finished Above Grade: 3154 SqFt Finished Below Grade: 0 SqFt Source: Appraiser Furniture: Negotiable Garage: Yes Garage Spaces: 1 Total Full Baths: 2 Year Built: 1906 SqFt Finished Total: 3154 Source of Acreage: Public Records

Levels

Multi-Level: 1

Site

Sidewalks: 1 Well Landscaped: 1

Location

Near Golf Course: 1 Near Public Beach: 1 Near Shopping: 1 Near Turnpike/Interstate: 1 Neighborhood: 1

Roads

Paved: 1 Public: 1

Transportation

Near Airport: 1

Water Info

Water Frontage: No Water View: No

Recreational Water

Nearby: 1 Oceanfront: 1 Public: 1 Waterfront Tidal: 1

Style

Other: 1 Victorian: 1

Construction

Wood Frame: 1

Other Structures

Outbuilding: 1

Structure Type

Duplex: 1

Basement

Brick/Mortar: 1 Daylight: 1 Dirt Floor: 1 Full: 1 Unfinished: 1 Walk-Out Access: 1

Foundation Materials

Brick/Mortar: 1 Poured Concrete: 1 Stone: 1

Exterior

Clapboard: 1 Shingle Siding: 1 Wood Siding: 1

Roof

Membrane: 1 Shingle: 1

Heat System

Baseboard: 1 Hot Water: 1 Zoned: 1

Building Info

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

Heat Fuel

Gas Natural: 1 Oil: 1

Income & Expenses

Gross Income: 97450 Operating Expenses: 17781.27

Cooling

None: 1

Floors

Carpet: 1 Hardwood: 1 Tile: 1 Wood: 1

Units

# of 1 BD Units: 1 # of 4+ BD Units: 1

Parking

5 - 10 Spaces: 1 Off Street: 1 On Site: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 4 # 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

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # Half Baths: 1 # of Rooms: 9 # of Bedrooms: 4 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: No

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Concrete: 1

Restrictions

No Restrictions: 1

Basement Entry

Doghouse: 1 Interior: 1

Water Heater

Off Heating System: 1

Window Features

Double Pane Windows: 1

Door Features

Storm Door(s): 1

Amenities

1st Floor Bedroom: 1 Bathtub: 1 Laundry - 1st Floor: 1 Laundry - Hookup: 1

Patio and Porch Features

Porch: 1

Equipment

Cable: 1 Internet Access Available: 1

Vehicle Storage

1 Car: 1 Auto Door Opener: 1 Detached: 1

Listing Terms

1031 Exchange: 1

Contract Information

Status: Active Original List Price: 975000 List Price: $840,000 Current Price: $840,000

Property Features

Site: Sidewalks; Well Landscaped Location: Near Golf Course; Near Public Beach; Near Shopping; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Transportation: Near Airport Recreational Water: Nearby; Oceanfront; Public; Waterfront Tidal Style: Other; Victorian Structure Type: Duplex Levels: Multi-Level Construction: Wood Frame Other Structures: Outbuilding Basement: Brick/Mortar; Daylight; Dirt Floor; Full; Unfinished; Walk-Out Access Basement Entry: Doghouse; Interior Foundation Materials: Brick/Mortar; Poured Concrete; Stone Exterior: Clapboard; Shingle Siding; Wood Siding Roof: Membrane; Shingle Heat System: Baseboard; Hot Water; Zoned Heat Fuel: Gas Natural; Oil Water Heater: Off Heating System Cooling: None Floors: Carpet; Hardwood; Tile; Wood Window Features: Double Pane Windows Door Features: Storm Door(s) Amenities: 1st Floor Bedroom; Bathtub; Laundry - 1st Floor; Laundry - Hookup Patio and Porch Features: Porch Equipment: Cable; Internet Access Available Driveway: Concrete Parking: 5 - 10 Spaces; Off Street; On Site Vehicle Storage: 1 Car; Auto Door Opener; Detached Restrictions: No Restrictions Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public Listing Terms: 1031 Exchange
Listing Office: RE/MAX Shoreline
IDX
Last Updated: March - 13 - 2026
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