272 State Street

Closed 8/31/26
Closed 8/31/26
272 state st, portland, me 04101, usa-03
272 state st, portland, me 04101, usa-02
272 state st, portland, me 04101, usa-03
272 state st, portland, me 04101, usa-03
272 state st, portland, me 04101, usa-02
272 state st, portland, me 04101, usa-00
272 state st, portland, me 04101, usa-00
272 state st, portland, me 04101, usa-00
272 state st, portland, me 04101, usa-00
272 state st, portland, me 04101, usa-00
272 state st, portland, me 04101, usa-00
272 state st, portland, me 04101, usa-00
272 state st, portland, me 04101, usa-00
272 state st, portland, me 04101, usa-00
272 state st, portland, me 04101, usa-01
272 state st, portland, me 04101, usa-01
272 state st, portland, me 04101, usa-01
272 state st, portland, me 04101, usa-01
272 state st, portland, me 04101, usa-01
272 state st, portland, me 04101, usa-01
272 state st, portland, me 04101, usa-01
272 state st, portland, me 04101, usa-01
272 state st, portland, me 04101, usa-01
272 state st, portland, me 04101, usa-01
272 state st, portland, me 04101, usa-02
272 state st, portland, me 04101, usa-02
272 state st, portland, me 04101, usa-02
272 state st, portland, me 04101, usa-02
272 state st, portland, me 04101, usa-02
272 state st, portland, me 04101, usa-02
272 state st, portland, me 04101, usa-02
Sold
Last Sold Price
$1,483,500
4,454 sqft$333/sqft
272 State St, Portland, ME 04101
Multi FamilyProperty Type
5,227 sq ftLot Size
1894Year Built
$333/sq ftPrice per sq ft

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 207.831.9136 efinley@shorelineagents.com • RE/MAX Shoreline
Listing closed: 08/31/2026 12:00 AM • Source: Maine Listings, MLS#: 1666398
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Location

Listing Courtesy of RE/MAX Shoreline

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$8,937 per month

30 year fixed, 6.71% Interest

Principal and Interest

$7,666

Property Taxes

$1,271

HOA Dues

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Property Information for 272 State Street

Property Details
  • Taxes: $15,255 / year
  • MLS Type: Multi-Family
  • County: Cumberland County
  • Architectural Style: Victorian
  • Has Waterfront: No
  • Zoning: R6
Building Information
  • Residences: 7
  • Year Built: 1894
  • Lot Size: 0.12 AC / 5,227 SF
Summary
Location and General Information
  • Water View: No
  • Page: 162
  • Directions: GPS friendly
  • Latitude: 43.656213
  • Longitude: -$70.27
Taxes and HOA
  • Association: No
  • Parcel Number: PTLD-000048-D000012-000001
  • Tax Lot: 12
  • Tax Block: D
  • Tax Book Number: 40571
  • Tax Map Number: 48
  • Tax Year: 2025
  • Tax Annual Amount: $15,255.00
Parking
  • Parking Features: Common, Gravel, Paved, 5 - 10 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Sidewalks
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5227.2
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 4454.0
  • Building Area Total: 4454.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Quit Claim w/Covenant
  • Year Built: 1894
Building Features
  • Foundation Details: Brick/Mortar
  • Construction Materials: Masonry, Brick
  • Color: Brick
Financial Information
  • List Price/SqFt: $354.74
Green Features
  • Green Energy Efficient: Water Heater, Thermostat
Utilities
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Roof: Pitched, Slate
Interior Features
  • Bathrooms Full: 7
  • Bathrooms Total Decimal: 7.0
  • Bathrooms Total Integer: 7
  • Basement: Bulkhead, Full
  • Has Cooling: No
  • Heating: Gas Natural, Baseboard, Hot Water
  • Has Heating: Yes
  • Flooring: Tile, Wood
Multi Family
Multi Family Information
  • # of 1 BD Units: 7
  • Number Of Units Total: 7
Income & Expenses
  • Gross Income: $126,504.00
  • Operating Expense: $30,211.07
Unit Information
Unit 1
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,462.00
  • Beds Total: 1
  • Key: 2116ab4d647f853b72b3fa2e7ff849d2
  • Rooms Total: 4
Unit 2
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,650.00
  • Beds Total: 1
  • Key: 8f2a8793d67ae2d8b9c72d90f288e5b4
  • Rooms Total: 3
Unit 3
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,650.00
  • Beds Total: 1
  • Key: a4a3e53f14270d57f895d1b6e048d007
  • Rooms Total: 4
Unit 4
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: Third
  • Security Deposit: Yes
  • Actual Rent: $1,345.00
  • Beds Total: 1
  • Key: bed139f0ca3700d4505022da6d3da3f0
  • Rooms Total: 4
Unit 5
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,235.00
  • Beds Total: 1
  • Key: c56fbad897b3dc743a8301cba6468a04
  • Rooms Total: 3
Unit 6
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,300.00
  • Beds Total: 1
  • Key: dd8f31956fe6164cbac2bdf62006e89c
  • Rooms Total: 4
Unit 7
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,500.00
  • Beds Total: 1
  • Key: e401657184cf594b7f21189faa99cc02
  • Rooms Total: 3
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 272 State Street

DateEvent & SourcePriceAppreciation
Aug 31, 2026

Sold

Maine Listings #1666398

$1,483,500—
Jul 13, 2026

Active Under Contract

Maine Listings #1666398

—
Jun 10, 2026

Listed (Active)

Maine Listings #1666398

$1,580,000—
DateEvent & SourcePrice
08/31/2026

Sold

Maine Listings #1666398

$1,483,500
07/13/2026

Active Under Contract

Maine Listings #1666398

—
06/10/2026

Listed (Active)

Maine Listings #1666398

$1,580,000

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 Built1894Year Renovated1894CountyCUMBERLANDAPNPTLD M:048 B:D012001

Schools near 272 State 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.

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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 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.