31 State Street

Closed 1/14/22
Closed 1/14/22
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Last Sold Price
$654,000
3,424 sqft$191/sqft
31 State St, Portland, ME 04101

Description

Downtown 4 unit with 4 parking spaces close to the Old Port & waterfront. All are 1 BR units which have ben renovated, leased & easy to maintain. All systems have been replaced & serviced annually. This is a solid 4 unit investment propertyDowntown 4 unit with 4 parking spaces close to the Old Port & waterfront. All are 1 BR units which have ben renovated, leased & easy to maintain. All systems have been replaced & serviced annually. This is a solid 4 unit investment property
LISTING CLOSED: 01/14/2022 12:00 AM

  1. Listed by Marc Fishman • Keller Williams Realty
    P: (207) 775-6561 C: (207) 671-6272 Marc@FishmanRealty.com

Property Details for 31 State Street

Status
Closed
MLS #
1513179
Days on Market
13
Taxes
$7,333 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi-Family
Year Built
1900
Lot Size
0.06 AC / 2,613 SF
County
Cumberland County
Architectural Style
Mansard
Style
Mansard
Has Waterfront
No
Zoning
R-6

Recent comparable sales

Median sold price

$740,000

Avg days on market

75

Sale-to-list ratio

90.4%

Portland, ME

9 comparable properties found

$740,000 | 3 Crescent Street, Portland, ME 04102
1/21
1

$740,000

Sold 06/26/26

Unavailable
Bedrooms
3,568
Square Feet
0.06
Acres

3 Crescent Street, Portland, ME 04102

$835,000 | 450 Cumberland Avenue, Portland, ME 04101
1/54
2

$835,000

Sold 08/01/25

Unavailable
Bedrooms
3,136
Square Feet
0.06
Acres

450 Cumberland Avenue, Portland, ME 04101

$573,000 | 25 Pleasant Avenue, Portland, ME 04103
1/45
3

$573,000

Sold 05/01/26

Unavailable
Bedrooms
3,250
Square Feet
0.2
Acres

25 Pleasant Avenue, Portland, ME 04103

$781,200 | 82 Winter Street, Portland, ME 04102
1/51
4

$781,200

Sold 07/23/25

Unavailable
Bedrooms
2,715
Square Feet
0.1
Acres

82 Winter Street, Portland, ME 04102

$865,000 | 232 Brighton Avenue, Portland, ME 04102
1/23
5

$865,000

Sold 12/19/25

Unavailable
Bedrooms
3,825
Square Feet
0.09
Acres

232 Brighton Avenue, Portland, ME 04102

$725,000 | 53 Tyng Street, Portland, ME 04102
1/37
6

$725,000

Sold 07/01/26

Unavailable
Bedrooms
2,464
Square Feet
0.09
Acres

53 Tyng Street, Portland, ME 04102

$1,000,000 | 68 Pleasant Street, Portland, ME 04101
1/46
7

$1,000,000

Sold 07/27/26

Unavailable
Bedrooms
3,260
Square Feet
0.04
Acres

68 Pleasant Street, Portland, ME 04101

$655,000 | 50 Alder Street, Portland, ME 04101
1/42
8

$655,000

Sold 12/05/25

Unavailable
Bedrooms
3,653
Square Feet
0.13
Acres

50 Alder Street, Portland, ME 04101

$685,000 | 1552 Congress Street, Portland, ME 04102
1/3
9

$685,000

Sold 10/01/24

Unavailable
Bedrooms
3,150
Square Feet
0.22
Acres

1552 Congress Street, Portland, ME 04102

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Location

Listing Courtesy of Keller Williams Realty

Sold By Keller Williams Realty

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Building Information for 31 State Street

Stories3Residences4Year Built1900Building Size-Lot Size0.06 AC / 2,613 SF

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$3,935 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,324

Property Taxes

$611

HOA Dues

$0

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Property Information for 31 State Street

Summary
Location and General Information
  • Water View: No
  • Location: Historic District, Intown, Near Shopping
  • Page: 023
  • Directions: 31 State ST
  • Latitude: 43.649788
  • Longitude: -$70.26
Taxes and HOA
  • Association: No
  • Parcel Number: PTLD-000044-B000015-000001
  • Tax Lot: 15
  • Tax Block: B
  • Tax Book Number: 27715
  • Tax Map Number: 44
  • Tax Year: 2020
  • Tax Annual Amount: $7,333.00
Parking
  • Parking Features: 1 - 4 Spaces, Gravel, Common, Off Street
  • Parking: 1 - 4 Spaces, Off Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
School Information
  • High School District: Portland Public Schools
Property
Lot Information
  • Lot Features: Level, Sidewalks, Historic District, Intown, Near Shopping
  • 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
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved
  • Road Surface Type: Paved
  • Road Frontage: false
  • SqFt Source: Public Records
  • Site: Level, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 2624.0
  • Below Grade Finished Area: 800.0
  • Building Area Total: 3424.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Trustee
  • Surveyed: Yes
  • Construction: Masonry, Wood Frame
  • Year Built: 1900
Building Features
  • Foundation Details: Brick/Mortar
  • Foundation Materials: Brick/Mortar
  • Construction Materials: Vinyl Siding, Clapboard, Brick, Masonry, Wood Frame
  • Stories: 3
  • Stories Total: 3
Financial Information
  • List Price/SqFt: $247.69
Utilities
  • Heat Fuel: Gas Natural, Oil
  • # Heating Units: 1
  • # Water Heaters: 1
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Recreational Water: Nearby, Public, Waterfront Deep, Waterfront Tidal
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric, Gas, Off Heating System
  • Utilities On: No
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Clapboard, Vinyl Siding
  • Roof: Composition, Flat, Membrane, Slate
  • Driveway: Common, Gravel
Interior Features
  • Amenities: 1st Floor Bedroom, Bathtub
  • Bathrooms Full: 4
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Integer: 4
  • Equipment: Internet Access Available, Cable
  • Other Equipment: Internet Access Available, Cable
  • Basement: Full, Exterior Only
  • Basement: Full
  • Has Fireplace: No
  • Has Cooling: No
  • Heating: Zoned, Hot Water, Forced Air
  • Has Heating: Yes
  • Flooring: Wood, Vinyl, Carpet
  • Interior Features: 1st Floor Bedroom, Bathtub
Multi Family
Multi Family Information
  • # of 1 BD Units: 4
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $54,600.00
  • Operating Expense: $19,000.00
Rental
Rent Information
  • Land Lease: No

Property History for 31 State Street

DateEvent & SourcePriceAppreciation
Jan 14, 2022

Sold

Maine Listings #1513179

$654,000—
Oct 25, 2021

Listed (Active)

Maine Listings #1513179

$649,950—
Apr 5, 2011

Expired

Maine Listings #971150

$245,000—
DateEvent & SourcePrice
01/14/2022

Sold

Maine Listings #1513179

$654,000
10/25/2021

Listed (Active)

Maine Listings #1513179

$649,950
04/05/2011

Expired

Maine Listings #971150

$245,000

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

Public Records for 31 State Street

Taxable ValueLand$285,300Additions$493,800Total$779,100
Tax Record2025$9,334 ($778 / month)
Home Facts
Baths4Total Finished SqFt2,624 SqFtAbove Grade Finished SqFt2,624 SqFtUnfinished Basement SqFt800 SqFtStories3Lot Size2,762 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1900CountyCUMBERLANDAPNPTLD M:044 B:B015001

Schools near 31 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 31 State Street, Portland, ME 04101
$654,000
–
3,424
2,613
33 State Street, Portland, ME 04101
$630,000
–
2,173
1,742
27 State Street, Portland, ME 04101
–
–
–
9,688
7,000
41 State Street, Portland, ME 04101
–
–
–
37,264
10,149
21 State Street, Portland, ME 04101
$1,502,500
–
7,115
3,049
167 York Street, Unit 2, Portland, ME 04101
$276,000
2
1,110
–

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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.