126 Spring Street

Closed 4/5/21Virtual Tour

Last Sold Price

$790,000

6 baths3,694 sqft$214/sqft

126 Spring St, Portland, ME 04101

Description

Offering six spacious studio apartment units, this is an incredible investment opportunity in a great location. The property is located in a charming West End neighborhood. Situated between the famous Old Port and Portland Museum of Art and Downtown, it's a very short walk to Portland's most prominent locations. Coin-op laundry for added income. Improvements include new washer & dryer, new rock backyard and Unit #2 was recently renovated with new floor, painted, new bathroom vanity and more.Offering six spacious studio apartment units, this is an incredible investment opportunity in a great location. The property is located in a charming West End neighborhood. Situated between the famous Old Port and Portland Museum of Art and Downtown, it's a very short walk to Portland's most prominent locations. Coin-op laundry for added income. Improvements include new washer & dryer, new rock backyard and Unit #2 was recently renovated with new floor, painted, new bathroom vanity and more.

LISTING CLOSED: 04/05/2021 12:00 AM

Listed by Christopher Lavoie • Keller Williams Realty
P: (207) 553-2604 lbarschdorf@kw.com

Property Details for 126 Spring Street

Status

Closed

MLS #

1475933

Days on Market

Taxes

$7,217 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi-Family

Year Built

1915

Lot Size

0.05 AC / 2,178 SF

County

Cumberland County

Architectural Style

Other

Style

Other

Has Waterfront

Zoning

Recent comparable sales

Median sold price

$885,000

Avg days on market

Sale-to-list ratio

100.1%

1/51

$885,000

Sold 11/26/25

Unavailable
Bedrooms: 7
Bathrooms: 4,154
Square Feet: 0.34
Acres

27 Rackleff Street, Portland, ME 04103

1/20

$850,000

Sold 10/10/25

Unavailable
Bedrooms: 5
Bathrooms: 3,952
Square Feet: 0.11
Acres

60 Mellen Street, Portland, ME 04101

1/10

$915,000

Sold 03/13/26

Unavailable
Bedrooms: 6
Bathrooms: 3,555
Square Feet: 0.06
Acres

128 Danforth Street, Portland, ME 04101

1/30

$825,000

Sold 06/25/26

Unavailable
Bedrooms: 5
Bathrooms: 3,800
Square Feet: 0.11
Acres

57-59 Cumberland Avenue, Portland, ME 04101

1/77

$920,000

Sold 10/14/24

Unavailable
Bedrooms: 6
Bathrooms: 4,342
Square Feet: 0.29
Acres

216 Deering Avenue, Portland, ME 04102

1/9

$895,000

Sold 09/30/24

Unavailable
Bedrooms: 6
Bathrooms: 3,362
Square Feet: 0.16
Acres

37 Dalton Street, Portland, ME 04103

1/9

$895,000

Sold 09/12/24

Unavailable
Bedrooms: 6
Bathrooms: 3,362
Square Feet: 0.16
Acres

29 Dalton Street, Portland, ME 04103

1/32

$850,000

Sold 06/27/25

Unavailable
Bedrooms: 5
Bathrooms: 3,013
Square Feet: 0.12
Acres

774 Forest Avenue, Portland, ME 04103

1/41

$865,000

Sold 12/02/24

Unavailable
Bedrooms: 3
Bathrooms: 3,500
Square Feet: 0.05
Acres

369 Cumberland Avenue, Portland, ME 04101

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Location

Listing Courtesy of Keller Williams Realty

Sold By Beacon Realty

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Virtual Tour

Building Information for 126 Spring Street

Stories-Residences6Year Built1915Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

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$4,617 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,015

Property Taxes

$601

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 126 Spring Street

Summary

Location and General Information

Water View: No
Location: Intown, Neighborhood

Page: 265
Zoning Overlay: No
Latitude: 43.652541
Longitude: -$70.26

Taxes and HOA

Association: No
Parcel Number: PTLD-000039-D000002-000001

Tax Lot: 2
Tax Block: D
Tax Book Number: 36559
Tax Map Number: 39
Tax Year: 2020
Tax Annual Amount: $7,217.00

Parking

Parking Features: No Driveway
Vehicle Storage: No Vehicle Storage

Has Attached Garage: No
Has Garage: No

Virtual Tour

Virtual Tour URL Unbranded: https://www.youtube.com/watch?v=LOcukkMjm8Q

Property

Lot Information

Lot Features: Sidewalks, Intown, Neighborhood
Lot Size Acres: 0.05

Lot Size Area: 0.05
Lot Size Source: Public Records
Lot Size Square Feet: 2178.0
Lot Size Units: Acres
Roads: Public
SqFt Source: Public Records
Site: Sidewalks

Property and Assessments

Above Grade Finished Area: 3694.0
Building Area Total: 3694.0

Property Type: Multi-Family
Surveyed: No
Construction: Wood Frame
Year Built: 1915

Building Features

Levels: Multi-Level
Levels: Multi-Level

Construction Materials: Shingle Siding, Asbestos, Wood Frame

Financial Information

List Price/SqFt: $230.10

Utilities

Heat Fuel: Gas Natural
Electric: Circuit Breakers

Gas: Natural - On Site
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Asbestos, Shingle Siding
Roof: Shingle

Driveway: No Driveway

Interior Features

Bathrooms Full: 6
Bathrooms Total Decimal: 6.0

Bathrooms Total Integer: 6
Basement: Interior, Walk-Out Access, Bulkhead, Unfinished
Basement: Walk-Out Access, Unfinished
Cooling: Other
Has Cooling: Yes
Heating: Steam, Radiator
Has Heating: Yes
Flooring: Wood, Vinyl, Carpet

Multi Family

Multi Family Information

# of 1 BD Units: 6
Number Of Units Total: 6

Income & Expenses

Gross Income: $76,131.00
Operating Expense: $15,367.00

Rental

Rent Information

Land Lease: No

Property History for 126 Spring Street

Date	Event & Source	Price	Appreciation
Apr 5, 2021	Sold Maine Listings #1475933	$790,000	—
Jan 29, 2021	Pending Maine Listings #1475933		—
Nov 12, 2020	Listed (Active) Maine Listings #1475933	$875,000	—
Mar 2, 2020	Sold Maine Listings #1443345	$720,000	—
Feb 7, 2020	Pending Maine Listings #1443345		—
Jan 28, 2020	Listed (Active) Maine Listings #1443345	$720,000	—
Jan 23, 2006	Expired Maine Listings #766972	$475,000	—
Sep 23, 2005	Listed (Active) Maine Listings #766972	$475,000	—

Date	Event & Source	Price
04/05/2021	Sold Maine Listings #1475933	$790,000
01/29/2021	Pending Maine Listings #1475933	—
11/12/2020	Listed (Active) Maine Listings #1475933	$875,000
03/02/2020	Sold Maine Listings #1443345	$720,000
02/07/2020	Pending Maine Listings #1443345	—
01/28/2020	Listed (Active) Maine Listings #1443345	$720,000
01/23/2006	Expired Maine Listings #766972	$475,000
09/23/2005	Listed (Active) Maine Listings #766972	$475,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 126 Spring Street

Taxable ValueLand$331,200Additions$375,200Total$706,400

Tax Record2025$8,463 ($705 / month)

Home Facts

Total Finished SqFt3,694 SqFtAbove Grade Finished SqFt3,694 SqFtLot Size2,121 SqFtStyleMulti-Family Res (5+ Units)Year Built1915Year Renovated1915CountyCUMBERLANDAPNPTLD M:039 B:D002001

Schools near 126 Spring Street

This home is within Portland Public Schools.


Rating	School	Type	Grades	Distance
3/10	Howard C Reiche Community School	Public - Serves this home	PK to 5	0.3 mi
2/10	King Middle School	Public - Serves this home	6 to 8	0.7 mi
5/10	Casco Bay High School	Public - Choice school	9 to 12	3.4 mi
2/10	Deering High School	Public - Choice school	9 to 12	2.1 mi
4/10	Portland High School	Public - Choice school	9 to 12	0.5 mi
NR	Sonlight Christian School	Private - Nearby school	3 to 12	0.5 mi
NR	Cathedral School	Private - Nearby school	PK to 8	0.8 mi
NR	Waynflete School	Private - Nearby school	PK to 12	0.6 mi


Rating	School	Distance
3/10	Howard C Reiche Community School PublicPK to 5 Serves this home	0.3 mi
2/10	King Middle School Public6 to 8 Serves this home	0.7 mi
5/10	Casco Bay High School Public9 to 12 Choice school	3.4 mi
2/10	Deering High School Public9 to 12 Choice school	2.1 mi
4/10	Portland High School Public9 to 12 Choice school	0.5 mi
NR	Sonlight Christian School Private3 to 12 Nearby school	0.5 mi
NR	Cathedral School PrivatePK to 8 Nearby school	0.8 mi
NR	Waynflete School PrivatePK to 12 Nearby school	0.6 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 126 Spring Street, Portland, ME 04101	$790,000	–	6	3,694	2,178
124 Spring Street, Portland, ME 04101	–	–	3	2,657	2,121
141 Pleasant Street, Portland, ME 04101	–	–	–	11,186	8,712
133 Pleasant Street, Portland, ME 04101	–	–	–	6,582	10,576
127 Spring Street, Portland, ME 04101	–	–	–	–	8,729
133 Spring Street, Portland, ME 04101	–	–	–	4,609	1,956
112 Park Street, Portland, ME 04101	–	–	–	6,934	2,648
114 Park Street, Portland, ME 04101	$1,541,000	–	6	5,548	1,742
127 Pleasant Street, Portland, ME 04101	$1,950,000	5	4	3,793	6,969
106 Park Street, Portland, ME 04101	–	–	3	5,617	2,648
98 High Street, Portland, ME 04101	–	–	–	–	15,342
108 Park Street, Unit 1, Portland, ME 04101	–	1	1	735	–
108 Park Street, Unit 5, Portland, ME 04101	$240,000	1	1	645	–
108 Park Street, Unit 4, Portland, ME 04101	$430,000	2	1	878	–
108 Park Street, Unit 3, Portland, ME 04101	$345,000	1	1	860	–
108 Park Street, Portland, ME 04101	–	–	–	–	–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

Portland, ME

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