31 Bates St

Portland, ME 04103

$1,395,000
Price
—
Beds
2,393 Sq. Ft.
$583 / Sq. Ft.
2,393
Sq. Ft.
$583
per Sq. Ft.
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New
New

Description

Enjoy seasonal views of Back Cove and the Portland skyline from this rare three-unit property in one of the city's most desirable locations. Step out your door to the Back Cove Trail for morning walks, or enjoy coffee on your deck while taking in the water views. With strong rental income potential, this property offers the ideal opportunity to offset your mortgage while living in a premier setting. The owner-occupant third floor unit is filled with natural light and features 1 bedroom and 1 bathroom...Enjoy seasonal views of Back Cove and the Portland skyline from this rare three-unit property in one of the city's most desirable locations. Step out your door to the Back Cove Trail for morning walks, or enjoy coffee on your deck while taking in the water views. With strong rental income potential, this property offers the ideal opportunity to offset your mortgage while living in a premier setting. The owner-occupant third floor unit is filled with natural light and features 1 bedroom and 1 bathroom with an open kitchen, dining, and living area. Two private decks extend the living space outdoors, including one with views overlooking Back Cove. The second floor spans the entire level and offers exceptional light throughout. It includes a spacious living room, a separate dining room with original built-ins, a large kitchen, two well-sized bedrooms, and an updated bathroom. A private deck completes this inviting unit. The first floor also occupies the full level and features a sun-filled layout with a spacious living room and gas fireplace, a dining room with built-ins, and an updated kitchen with granite countertops and new cabinetry. This unit also enjoys a private deck for outdoor living. The basement provides dedicated storage for each unit along with coin-operated laundry. Additional amenities include parking for up to six vehicles between parking lot and a rare two-car garage. Numerous updates have been completed in recent years, making this a well-maintained and versatile investment opportunity. A truly special offering on Back Cove that combines location, views, and income potential.
  1. Listed by Rachel Davey • Vitalius Real Estate Group, LLC
    P: (207)-318-1102 C: (207)-318-1102 rachel@vitalius.com

Property Details for 31 Bates Street

Architectural Style
Other
Furnished
Negotiable
View
Scenic
Has Waterfront
No
Zoning
B-2b
LISTING UPDATED: 06/24/2026 05:56 PM

Property Details for 31 Bates Street

StatusActive
MLS #1668759
Days on Market1
Taxes$8,792 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1916
Lot Size0.16 AC / 6,969 SF
CountyCumberland County
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Location

Listing Courtesy of Vitalius Real Estate Group, LLC
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Building Information for 31 Bates Street

Stories3Residences3Year Built1916Building Size-Lot Size0.16 AC / 6,969 SF

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$7,684 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,951

Property Taxes

$733

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 31 Bates Street

Summary
Location and General Information
  • Water View: Yes
  • Page: 266
  • Latitude: 43.679559
  • Longitude: -$70.26
  • Water Body Type: Cove
  • Water Body Name: Back Cove
Taxes and HOA
  • Association: No
  • Parcel Number: PTLD-000429-J000007-000001
  • Tax Lot: 7
  • Tax Book Number: 22316
  • Tax Map Number: 429
  • Tax Year: 2026
  • Tax Annual Amount: $8,792.00
Parking
  • Parking Features: Common, Paved, 5 - 10 Spaces, Detached
  • Vehicle Storage: 2 Car, Detached
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
Property
Lot Information
  • Lot Features: Near Turnpike/Interstate, Near Town, Neighborhood, Sidewalks, Landscaped
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 6969.6
  • Lot Size Units: Acres
  • Roads: Public
  • SqFt Source: Public Records
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 2393.0
  • Building Area Total: 2393.0
  • Property Type: Multi-Family
  • Surveyed: No
  • Year Built: 1916
Building Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Color: Yellow
  • Stories: 3
  • Stories Total: 3
Financial Information
  • List Price/SqFt: $582.95
Utilities
  • # Water Heaters: 3
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Amenities: Laundry - Coin, One-Floor Living
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Fireplaces Total: 1
  • Laundry Features: Laundry - Coin
  • Basement: Doghouse, Interior Entry, Full, Unfinished
  • Has Fireplace: Yes
  • Patio And Porch Features: Deck
  • Has Cooling: No
  • Heating: Electric, Gas Natural, Baseboard, Direct Vent Heater
  • Has Heating: Yes
  • Flooring: Carpet, Wood
  • Interior Features: One-Floor Living
Multi Family
Multi Family Information
  • # of 1 BD Units: 1
  • # of 2 BD Units: 2
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $43,780.00
  • Operating Expense: $13,832.00
Unit Information
Unit 1
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,860.00
  • Beds Total: 2
  • Key: 0ad50f52e18c8506c41fbba0996a4d2c
  • Rooms Total: 5
Unit 2
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,780.00
  • Beds Total: 2
  • Key: 769eb0ae401a9fc85021a77992c7689d
  • Rooms Total: 5
Unit 3
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: Third
  • Security Deposit: No
  • Beds Total: 1
  • Key: 7780f32d3997b87d1bdaca2d572c512b
  • Rooms Total: 3
Unit 4
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,780.00
  • Beds Total: 2
  • Key: 14e2c1fa9138d631fe3bcf21556159c7
  • Rooms Total: 5
Unit 5
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,860.00
  • Beds Total: 2
  • Key: ba8d044a01419ea0fe9384f19158d1b0
  • Rooms Total: 5
Unit 6
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: Yes
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: Third
  • Security Deposit: No
  • Beds Total: 1
  • Key: c49ec99b4575f0f185ecf52973073bf4
  • Rooms Total: 3
Rental
Rent Information
  • Land Lease: No

Property History for 31 Bates Street

DateEvent & SourcePriceAppreciation
Jun 24, 2026

Listed (Active)

Maine Listings #1668759

$1,395,000—
Apr 25, 2008

Expired

Maine Listings #870101

$449,000—
Oct 25, 2007

Listed (Active)

Maine Listings #870101

$459,000—
DateEvent & SourcePrice
06/24/2026

Listed (Active)

Maine Listings #1668759

$1,395,000
04/25/2008

Expired

Maine Listings #870101

$449,000
10/25/2007

Listed (Active)

Maine Listings #870101

$459,000

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

Schools near 31 Bates Street

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Presumpscot School
Public - PK to 5
Lyman Moore Middle School
Public - 6 to 8
Portland High School
Public - 9 to 12
Deering High School
Public - 9 to 12
Rating
School
Distance
Presumpscot School
PublicPK to 5

Lyman Moore Middle School
Public6 to 8

Portland 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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More information about 31 Bates Street, Portland, ME 04103

31 Bates Street is a multi-family home for sale in Portland, ME 04103. This property was listed for sale on June 24, 2026 by Vitalius Real Estate Group, LLC, it's currently listed at $1,395,000. This listing's school district is Portland Public Schools. Nearby schools include Presumpscot School, Lyman Moore Middle School and Portland High School. 31 Bates Street is a 0-bed, 3-bath, 2,393 sqft multi-family home built in 1916.

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 Vitalius Real Estate Group, LLC

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.