272 State St
New
New
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...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 spaces, generating an additional $4,800 in annual income. An opportunity to acquire a historic multifamily asset with strong fundamentals, additional income potential, and a proven location in one of Portland's most established rental corridors
- Listed by Erin Finley • RE/MAX Shoreline
Property Details for 272 State Street
Waterfront
No
ArchitecturalStyleOther, Victorian
Garage Spaces.00
GarageNo
ZoningR6
LISTING UPDATED: 06/10/2026 09:40 AM
Property Details for 272 State Street
| Status | Active |
|---|---|
| MLS # | 1666398 |
| Days on Market | Listed Today |
| Taxes | $15,255 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1894 |
| Lot Size | 0.12 AC / 5,227 SF |
| County | Cumberland County |
Location
Listing Courtesy of RE/MAX Shoreline
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Building Information for 272 State Street
Stories-Residences7Year Built1894Building Size-Lot Size0.12 AC / 5,227 SF
Payment Calculator
$9,145 per month
30 year fixed, 6.36% Interest
Principal and Interest
$7,873
Property Taxes
$1,271
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 272 State Street
Summary
Location and General Information
- Road Surface Type: Paved
- Zip Code: 2349
- Directions: GPS friendly
- Town: Portland
- State/Province: ME
- Zip Code: 04101
- County: Cumberland
- Geo Latitude: 43.656213
- Geo Longitude: -70.268561
- Tax Lot: 12
- Site:Level: Yes
- Site:Sidewalks: Yes
- Location:Historic District: Yes
- Location:Intown: Yes
- Location:Near Shopping: Yes
- Location:Near Turnpike/Interstate: Yes
- Location:Neighborhood: Yes
- Construction: Masonry
- Water View2: No
- Tree Growth YN2: false
Parking
- Parking Features: Gravel, Paved, Common, 5 - 10 Spaces
- Attached Garage: No
- Parking: 5 - 10 Spaces
Taxes and HOA Information
- Tax Book Number: 40571
- Tax Block: D
- Tax Map Number: 48
- Tax Year: 2025
- Parcel Number: PTLD-000048-D000012-000001
- Location Information:Association Y/N: No
- Tax Annual Amount: $15,255.00
Property
Green Features
- Energy Efficiency: Thermostat, Water Heater
Heating and Cooling
- Water Heater:Electric: No
- Water Heater:Off Heating System: Yes
- Heat Fuel: Gas Natural
- Heat System: Baseboard, Hot Water
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 4454.0
- Lot Size Acres: 0.12
- Source of Acreage: Public Records
- Building Area Total: 4454.0
- Lot Size Area: 0.12
- Lot Size Units: Acres
- Lot Size Square Feet: 5227.2
- Bathrooms Full: 7
- Street Number: 272
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Owner Occupied: No
- Property Information:Deed/Conveyance Type Offered: Quit Claim w/Covenant
- Property Information:Deed: All
- Property Information:Total Half Baths: .00
- Property Information:Color: Brick
Parking
- Driveway:Common: Yes
- Driveway:Gravel: Yes
- Driveway:Paved: Yes
- Driveway: Common2, Gravel, Paved2
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1894
Utilities
- Electric: Circuit Breakers
- Sewer: Yes
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:Natural - On Site: Yes
- Water Heater: Off Heating System
Interior and Exterior Features
Exterior Features
- Construction Materials: Masonry, Brick
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Pitched, Slate
- Vehicle Storage: No Vehicle Storage
- Basement Entry: Bulkhead2
Interior Features
- Basement: Full
- Flooring: Tile, Wood
- Cooling: None
- Heating: Gas Natural, Baseboard, Hot Water
- Foundation Details: Brick/Mortar
- Bathrooms Total (Integer): 7
- Bathrooms Total (Decimal): 7.00
- Bathrooms Total (Notational): 7.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $126,504.00
- Operating Expenses: $30,211.07
- Gross Income: $126,504.00
- Operating Expenses: $30,211.07
Multi-Family Information
- Number of Units: 7
Unit 1
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $1,650.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 4.00
- Unit 1:# of Bedrooms: 1.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: No
- Unit 1:Dedicated Water Heater: No
- Unit 1:Electric: No
- Unit 1:Heat: Yes
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: Yes
- Unit 2:Level: First
- Unit 2:Monthly Rent: $1,300.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 4.00
- Unit 2:# of Bedrooms: 1.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: No
- Unit 2:Dedicated Water Heater: No
- Unit 2:Electric: No
- Unit 2:Heat: Yes
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Lease: Yes
- Unit 3:Level: Second
- Unit 3:Monthly Rent: $1,462.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 4.00
- Unit 3:# of Bedrooms: 1.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: No
- Unit 3:Dedicated Water Heater: No
- Unit 3:Electric: No
- Unit 3:Heat: Yes
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
Unit 4
- Unit 4:Lease: Yes
- Unit 4:Level: Second
- Unit 4:Monthly Rent: $1,500.00
- Unit 4:# Full Baths: 1.00
- Unit 4:# Half Baths: .00
- Unit 4:# of Rooms: 3.00
- Unit 4:# of Bedrooms: 1.00
- Unit 4:Dedicated Electric Meter: Yes
- Unit 4:Dedicated Gas Meter: No
- Unit 4:Dedicated Water Heater: No
- Unit 4:Electric: No
- Unit 4:Heat: Yes
- Unit 4:Range: Yes
- Unit 4:Refrigerator: Yes
- Unit 4:Water: Yes
Unit 5
- Unit 5:Lease: Yes
- Unit 5:Level: Third
- Unit 5:Monthly Rent: $1,345.00
- Unit 5:# Full Baths: 1.00
- Unit 5:# Half Baths: .00
- Unit 5:# of Rooms: 4.00
- Unit 5:# of Bedrooms: 1.00
- Unit 5:Dedicated Electric Meter: Yes
- Unit 5:Dedicated Gas Meter: No
- Unit 5:Dedicated Water Heater: No
- Unit 5:Electric: No
- Unit 5:Heat: Yes
- Unit 5:Range: Yes
- Unit 5:Refrigerator: Yes
- Unit 5:Sewer: Yes
- Unit 5:Water: Yes
Unit 6
- Unit 6:Lease: Yes
- Unit 6:Level: Second
- Unit 6:Monthly Rent: $1,235.00
- Unit 6:# Full Baths: 1.00
- Unit 6:# Half Baths: .00
- Unit 6:# of Rooms: 3.00
- Unit 6:# of Bedrooms: 1.00
- Unit 6:Dedicated Electric Meter: Yes
- Unit 6:Dedicated Gas Meter: No
- Unit 6:Dedicated Water Heater: No
- Unit 6:Electric: No
- Unit 6:Heat: Yes
- Unit 6:Range: Yes
- Unit 6:Refrigerator: Yes
- Unit 6:Sewer: Yes
- Unit 6:Water: Yes
Unit 7
- Unit 7:Lease: Yes
- Unit 7:Level: First
- Unit 7:Monthly Rent: $1,650.00
- Unit 7:# Full Baths: 1.00
- Unit 7:# Half Baths: .00
- Unit 7:# of Rooms: 3.00
- Unit 7:# of Bedrooms: 1.00
- Unit 7:Dedicated Electric Meter: Yes
- Unit 7:Dedicated Gas Meter: No
- Unit 7:Dedicated Water Heater: No
- Unit 7:Electric: No
- Unit 7:Heat: Yes
- Unit 7:Range: Yes
- Unit 7:Refrigerator: Yes
- Unit 7:Sewer: Yes
- Unit 7:Water: Yes
Unit 18
- Unit 18:Heat: Yes
- Unit 18:Range: Yes
- Unit 18:Sewer: Yes
- Unit 18:Water: Yes
Unit 19
- Unit 19:Heat: Yes
- Unit 19:Range: Yes
- Unit 19:Refrigerator: Yes
- Unit 19:Sewer: Yes
- Unit 19:Water: Yes
Unit 20
- Unit 20:Heat: Yes
- Unit 20:Range: Yes
- Unit 20:Refrigerator: Yes
- Unit 20:Sewer: Yes
- Unit 20:Water: Yes
Unit Information
- Units:# of 1 BD Units: 7
- Units:# of 2 BD Units: 0
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 272 State Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 10, 2026 | Listed (Active) Maine Listings #1666398 | $1,580,000 | — |
| Jan 18, 2024 | Sold Maine Listings #1578491 | $1,300,000 | — |
| Dec 10, 2023 | Active Under Contract Maine Listings #1578491 | — | |
| Dec 1, 2023 | Listed (Active) Maine Listings #1578491 | $1,500,000 | — |
| Mar 19, 2009 | Sold Maine Listings #903513 | $431,250 | — |
| Feb 27, 2009 | Pending Maine Listings #903513 | — | |
| Feb 26, 2009 | Active Under Contract Maine Listings #903513 | — | |
| Jul 22, 2008 | Listed (Active) Maine Listings #903513 | $550,000 | — |
| Mar 29, 2002 | Sold Maine Listings #542423 | $259,000 | — |
| Feb 21, 2002 | Listed (Active) Maine Listings #542423 | $259,000 | — |
| Feb 20, 2002 | Active Under Contract Maine Listings #542423 | — | |
| Feb 15, 2002 | Listed (Active) Maine Listings #542423 | $259,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/10/2026 | Listed (Active) Maine Listings #1666398 | $1,580,000 |
| 01/18/2024 | Sold Maine Listings #1578491 | $1,300,000 |
| 12/10/2023 | Active Under Contract Maine Listings #1578491 | — |
| 12/01/2023 | Listed (Active) Maine Listings #1578491 | $1,500,000 |
| 03/19/2009 | Sold Maine Listings #903513 | $431,250 |
| 02/27/2009 | Pending Maine Listings #903513 | — |
| 02/26/2009 | Active Under Contract Maine Listings #903513 | — |
| 07/22/2008 | Listed (Active) Maine Listings #903513 | $550,000 |
| 03/29/2002 | Sold Maine Listings #542423 | $259,000 |
| 02/21/2002 | Listed (Active) Maine Listings #542423 | $259,000 |
| 02/20/2002 | Active Under Contract Maine Listings #542423 | — |
| 02/15/2002 | Listed (Active) Maine Listings #542423 | $259,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 272 State Street
Taxable ValueLand$350,600Additions$922,800Total$1,273,400
Tax Record2025$15,255 ($1,271 / month)
Home Facts
Total Finished SqFt6,385 SqFtAbove Grade Finished SqFt6,385 SqFtLot Size5,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1894CountyCUMBERLANDAPNPTLD M:048 B:D012001
Schools near 272 State Street
This home is within Portland Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| 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.
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Listing Courtesy of RE/MAX Shoreline
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.
