15 Russell Street

New
New
IMG_2979
IMG_2977
IMG_2985
IMG_2986
Screenshot 2026-10-06 133758
Active
$350,000
4 beds2,209 sqft

15 Russell St, Portland, ME 04102

Est: $2,488/moGet pre-approved
Multi FamilyProperty Type
0.06 acresLot Size
1910Year Built
$158/sq ftPrice per sq ft

Description

Prime Portland Investment Opportunity! Calling all investors, contractors, and visionaries. Located in a highly desirable Portland neighborhood, this 2-unit duplex at 15 Russell Street offers a rare chance to bring a multi-family property back to life. Priced aggressively this building is a true blank canvas awaiting a complete top-to-bottom renovation. Whether you are looking to execute a full condo-conversion, design a premium owner-occupied multi-family, or add a high-yield rental asset to your...Prime Portland Investment Opportunity! Calling all investors, contractors, and visionaries. Located in a highly desirable Portland neighborhood, this 2-unit duplex at 15 Russell Street offers a rare chance to bring a multi-family property back to life. Priced aggressively this building is a true blank canvas awaiting a complete top-to-bottom renovation. Whether you are looking to execute a full condo-conversion, design a premium owner-occupied multi-family, or add a high-yield rental asset to your portfolio, the potential here is unmatched. The property requires extensive rehabilitation and is being sold strictly as-is, making it an ideal candidate for cash buyers or 203k/construction financing. Capitalize on Portland's exceptionally strong rental market and severe inventory shortage. Properties with this level of value-add potential are increasingly rare. Bring your architect, your contractor, and your imagination to unlock the immense equity waiting within these walls.
1 day on Market
  • Listed by: Kevin Fletcher 207.754.9311 kevin@maineccim.com • Keller Williams Realty
Last updated: 10/07/2026 11:36 AM • Source: Maine Listings, MLS#: 1683359
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Keller Williams Realty
Add your commute
Payment Calculator

Get preapproved with Rocket Mortgage1

$2,488 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,868

Property Taxes

$620

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 15 Russell Street

Property Details

  • Taxes: $7,434 / year
  • MLS Type: Multi-Family
  • County: Cumberland County
  • Has Waterfront: No
  • Zoning: Residential

Building Information

  • Residences: 2
  • Year Built: 1910
  • Lot Size: 0.06 AC / 2,613 SF

Summary

Location and General Information
  • Water View: No
  • Page: 126
  • Zoning Overlay: No
  • Latitude: 43.653251
  • Longitude: -$70.27
Taxes and HOA
  • Association: No
  • Parcel Number: PTLD-000054-C000012-000001
  • Tax Lot: 12
  • Tax Book Number: 31295
  • Tax Map Number: 54
  • Tax Year: 2025
  • Tax Annual Amount: $7,434.00
Parking
  • Parking Features: No Driveway
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No

Property

Lot Information
  • Lot Features: Intown, Near Shopping, Sidewalks
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 2613.6
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 2209.0
  • Building Area Total: 2209.0
  • Property Type: Multi-Family
  • Surveyed: No
  • Structure Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1910
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Pillar/Post/Pier, Brick/Mortar
  • Construction Materials: Wood Frame, Vinyl Siding
Financial Information
  • List Price/SqFt: $158.44
Utilities
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System

Interior and Exterior Features

Exterior Features
  • Roof: Fiberglass
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Basement: Interior Entry, Partial, Brick/Mortar
  • Has Cooling: No
  • Heating: Oil, Steam
  • Has Heating: Yes
  • Flooring: Carpet, Vinyl, Wood

Multi Family

Multi Family Information
  • # of 2 BD Units: 2
  • Number Of Units Total: 2

Unit Information

Unit 1
  • Num Full Baths: 1
  • Dedicated Electric Meter: No
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: Second
  • Security Deposit: No
  • Beds Total: 2
Unit 2
  • Num Full Baths: 1
  • Dedicated Electric Meter: No
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: No
  • Beds Total: 2

Rental

Rent Information
  • Land Lease: No

Property History for 15 Russell Street

DateEvent & SourcePriceAppreciation
Oct 6, 2026

Listed (Active)

Maine Listings #1683359

$350,000—
DateEvent & SourcePrice
10/06/2026

Listed (Active)

Maine Listings #1683359

$350,000

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

Public Records for 15 Russell Street

Taxable Value

Land

$238,200

Additions

$382,300
Total$620,500

Tax Record

2025

$7,434 ($620 / month)

Home Facts

Baths

2

Total Finished SqFt

2,209 SqFt

Above Grade Finished SqFt

2,209 SqFt

Stories

2

Lot Size

2,635 SqFt

Style

Duplex

Year Built

1910

Year Renovated

1910

County

CUMBERLAND

APN

PTLD M:054 B:C012001

Schools near 15 Russell Street

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Howard C Reiche Community School
Public - PK to 5
King Middle School
Public - 6 to 8
Casco Bay High School
Public - 9 to 12
Deering High School
Public - 9 to 12
Rating
School
Distance
Howard C Reiche Community School
PublicPK to 5

King Middle School
Public6 to 8

Casco Bay High School
Public9 to 12

Deering High School
Public9 to 12

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.

Similar Homes

New listings in 04102

$1,349,000 | 77 Carleton Street, Portland, ME 04102
1/4
Open: 10/17 10:00AM - 12:00PMNew

$1,349,000

5
Bedrooms
3,030
Square Feet
0.07
Acres

77 Carleton Street, Portland, ME 04102

$495,000 | 773 Congress Street, Unit 3, Portland, ME 04102
1/12
New

$495,000

2
Bedrooms
1,180
Square Feet

773 Congress Street, Unit 3, Portland, ME 04102

$699,000 | 21 Edwards Street, Portland, ME 04102
1/48
Coming Soon / No ShowOpen: 10/10 10:00AM - 11:00AM

$699,000

15
Bedrooms
2,320
Square Feet
0.13
Acres

21 Edwards Street, Portland, ME 04102

$485,000 | 43 Edwards Street, Portland, ME 04102
1/2
Coming Soon / No ShowOpen: 10/17 10:00AM - 11:30AM

$485,000

2
Bedrooms
980
Square Feet
0.14
Acres

43 Edwards Street, Portland, ME 04102

$399,000 | 150 Brighton Avenue, Unit 1, Portland, ME 04102
1/32

$399,000

2
Bedrooms
1,116
Square Feet

150 Brighton Avenue, Unit 1, Portland, ME 04102

$595,000 | 52 Dennett Street, Portland, ME 04102
1/53
Open: 10/11 12:00PM - 01:30PM

$595,000

3
Bedrooms
1,410
Square Feet
0.17
Acres

52 Dennett Street, Portland, ME 04102

$799,000 | 94 Emery Street, Portland, ME 04102
1/41

$799,000

Unavailable
Bedrooms
2,413
Square Feet
0.07
Acres

94 Emery Street, Portland, ME 04102

$950,000 | 120 West Street, Unit 7, Portland, ME 04102
1/6

$950,000

2
Bedrooms
1,443
Square Feet

120 West Street, Unit 7, Portland, ME 04102

$525,000 | 68 Taft Avenue, Portland, ME 04102
1/53

$525,000

3
Bedrooms
1,844
Square Feet
0.21
Acres

68 Taft Avenue, Portland, ME 04102

Explore Nearby Homes

More information about 15 Russell Street, Portland, ME 04102

15 Russell Street is a multi-family home for sale in Portland, ME 04102. This property was listed for sale on October 6, 2026 by Keller Williams Realty, it's currently listed at $350,000. This listing's school district is Portland Public Schools. Nearby schools include Howard C Reiche Community School, King Middle School and Casco Bay High School. 15 Russell Street is a 4-bed, 2-bath, 2,209 sqft multi-family home built in 1910.

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.