51 Frederic Street

Closed 10/15/25

Sold

Last Sold Price

$1,000,000

3 baths4,308 sqft

51 Frederic St, Portland, ME 04102

Multi FamilyProperty Type

0.09 acresLot Size

1914Year Built

$232/sq ftPrice per sq ft

Description

Here is the 3-Unit in Portland's Libbytown neighborhood that you've been seeking! Fully occupied tenancy with an excellent rental history and immediate cash flow. -Apt 1 is a 3 bed 1 bath with private back deck, large yard, as well as private driveway for 3+ cars and has private basement access - would make an awesome owner occupied unit, or continue as a month-to-month furnished rental (great for nearby medical center professionals). -Apt 2 is a 3 bed 1 bath with recently refinished wood floors,...Here is the 3-Unit in Portland's Libbytown neighborhood that you've been seeking! Fully occupied tenancy with an excellent rental history and immediate cash flow. -Apt 1 is a 3 bed 1 bath with private back deck, large yard, as well as private driveway for 3+ cars and has private basement access - would make an awesome owner occupied unit, or continue as a month-to-month furnished rental (great for nearby medical center professionals). -Apt 2 is a 3 bed 1 bath with recently refinished wood floors, new stainless steel appliances
-Apt 3 is a spacious 4 bed 1 bath
-All 3 units have updated natural gas heating systems and separate CMP accounts. Full roof replacement in 2024. Close in proximity to dining, shopping, breweries, Amtrak, professional sports and live music venues, and The Fore River trail system! Maine Medical Center, Northern Light Mercy Hospital, USM campus and UNE campus all within walking distance! GROUP SHOWING: 8/17 this coming Sunday 3-5

Listed by: Joel Turgo 207.699.8963 joel@elevatemaine.com • Elevate Maine Realty

Listing closed: 10/15/2025 12:00 AM • Source: Maine Listings, MLS#: 1634213

Recent comparable sales

Median sold price

$925,000

Avg days on market

Sale-to-list ratio

99.6%

1/73

$921,000

Sold 06/17/25

Unavailable
Bedrooms: 3
Bathrooms: 3,922
Square Feet: 0.11
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62 Roberts Street, Portland, ME 04102

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Unavailable
Bedrooms: 3
Bathrooms: 4,182
Square Feet: 0.08
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85 Spruce Street, Portland, ME 04102

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Unavailable
Bedrooms: 3
Bathrooms: 4,499
Square Feet: 0.32
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1415 Congress Street, Portland, ME 04102

1/45

$949,000

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Bedrooms: 3
Bathrooms: 3,927
Square Feet: 0.14
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127 Coyle Street, Portland, ME 04103

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Bathrooms: 3,522
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Acres

15 Longfellow Street, Portland, ME 04103

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Location

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$6,154 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,339

Property Taxes

$816

HOA Dues

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Property Information for 51 Frederic Street

Property Details

Taxes: $9,791 / year
MLS Type: Multi-Family
County: Cumberland County
Furnished: Partially
Has Waterfront: No
Zoning: R6

Building Information

Residences: 3
Year Built: 1914
Lot Size: 0.09 AC / 3,920 SF

Summary

Location and General Information

Water View: Yes
Location: Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad

Page: 331
Directions: Congress Street, right onto Frederic Street. 51 is near the end on the right.
Latitude: 43.652723
Longitude: -$70.29
Transportation: Near Airport, Public Transport Access, Rail Available
Water Body Type: Bay
Water Body Name: Fore River

Taxes and HOA

Association: No
Parcel Number: PTLD-000067-K000018-000001

Tax Lot: K-18
Tax Book Number: 401000
Tax Map Number: 67
Tax Year: 2024
Tax Annual Amount: $9,791.00

Parking

Parking Features: 1 - 4 Spaces, Off Street, On Street
Parking: 1 - 4 Spaces, Off Street, On 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, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
Lot Size Acres: 0.09

Lot Size Area: 0.09
Lot Size Source: Public Records
Lot Size Square Feet: 3920.4
Lot Size Units: Acres
2 Detached Houses on 1 Lot: false
Roads: Public
SqFt Source: Public Records
Tree Growth: false
Site: Level, Sidewalks

Property and Assessments

Above Grade Finished Area: 4308.0
Building Area Total: 4308.0

Property Type: Multi-Family
Deed: All
Deed/Conveyance Type Offered: Warranty
Construction: Wood Frame
Year Built: 1914

Building Features

Construction Materials: Vinyl Siding, Wood Frame
Color: beige

Financial Information

List Price/SqFt: $230.97

Utilities

Heat Fuel: Gas Natural
Electric: Circuit Breakers

Gas: Natural - On Site
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric, Gas, Heat Pump, Off Heating System
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Vinyl Siding
Roof: Flat, Membrane

Interior Features

Bathrooms Full: 3
Bathrooms Total Decimal: 3.0

Bathrooms Total Integer: 3
Basement: Interior, Bulkhead, Full, Sump Pump, Unfinished
Basement: Bulkhead, Full, Sump Pump, Unfinished
Has Cooling: No
Heating: Hot Water, Forced Air, Baseboard
Has Heating: Yes
Flooring: Wood, Vinyl, Tile

Multi Family

Multi Family Information

# of 3 BD Units: 2
# of 4+ BD Units: 1

Number Of Units Total: 3

Income & Expenses

Gross Income: $122,880.00
Operating Expense: $18,036.00

Unit Information

Unit 1

Num Full Baths: 1
Dedicated Gas Meter: Yes

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: Yes
Heat: Yes
Range: Yes
Lease: Yes
Level: Third
Security Deposit: Yes
Actual Rent: $3,210.00
Beds Total: 4
Rooms Total: 7

Unit 2

Num Full Baths: 1
Dedicated Gas Meter: Yes

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: Yes
Heat: Yes
Range: Yes
Lease: Yes
Level: Second
Security Deposit: Yes
Actual Rent: $3,000.00
Beds Total: 3
Rooms Total: 6

Unit 3

Num Full Baths: 1
Dedicated Gas Meter: Yes

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: Yes
Level: First
Security Deposit: Yes
Actual Rent: $4,000.00
Beds Total: 3
Rooms Total: 5

Rental

Rent Information

Land Lease: No

Tenant Information

Occupant Type: No

Property History for 51 Frederic Street

Date	Event & Source	Price	Appreciation
Oct 15, 2025	Sold (Public Record) Public Record #1917309407	$1,000,000	+8.1% / yr
Oct 15, 2025	Sold Maine Listings #1634213	$1,000,000	—
Aug 18, 2025	Pending Maine Listings #1634213		—
Aug 6, 2025	Listed (Active) Maine Listings #1634213	$995,000	—
Apr 29, 2023	Sold Maine Listings #1552888	$825,000	—
Apr 28, 2023	Sold (Public Record) Public Record #1510048123	$825,000	—
Mar 6, 2023	Pending Maine Listings #1552888		—
Feb 24, 2023	Listed (Active) Maine Listings #1552888	$750,000	—

Date	Event & Source	Price
10/15/2025	Sold (Public Record) Public Record #1917309407	$1,000,000 +8.1% / yr
10/15/2025	Sold Maine Listings #1634213	$1,000,000
08/18/2025	Pending Maine Listings #1634213	—
08/06/2025	Listed (Active) Maine Listings #1634213	$995,000
04/29/2023	Sold Maine Listings #1552888	$825,000
04/28/2023	Sold (Public Record) Public Record #1510048123	$825,000
03/06/2023	Pending Maine Listings #1552888	—
02/24/2023	Listed (Active) Maine Listings #1552888	$750,000

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

Public Records for 51 Frederic Street

Taxable Value

Land

$185,000

Additions

$682,400

Total$867,400

Tax Record

2025

$10,391 ($866 / month)

Home Facts

Baths

Total Finished SqFt

4,308 SqFt

Above Grade Finished SqFt

4,308 SqFt

Stories

Lot Size

4,182 SqFt

Style

Triplex

Year Built

1914

Year Renovated

1914

County

CUMBERLAND

APN

PTLD M:067 B:K018001

Schools near 51 Frederic Street

This home is within Portland Public Schools.


Rating	School	Type	Grades	Distance
7/10	Ocean Avenue School	Public - Serves this home	K to 5	1.7 mi
2/10	King Middle School	Public - Serves this home	6 to 8	0.6 mi
5/10	Casco Bay High School	Public - Choice school	9 to 12	3.1 mi
2/10	Deering High School	Public - Choice school	9 to 12	1.4 mi
4/10	Portland High School	Public - Choice school	9 to 12	1.4 mi
NR	Sonlight Christian School	Private - Nearby school	3 to 12	0.9 mi
NR	Levey Day School	Private - Nearby school	PK to 8	0.9 mi
NR	Waynflete School	Private - Nearby school	PK to 12	0.8 mi


Rating	School	Distance
7/10	Ocean Avenue School PublicK to 5 Serves this home	1.7 mi
2/10	King Middle School Public6 to 8 Serves this home	0.6 mi
5/10	Casco Bay High School Public9 to 12 Choice school	3.1 mi
2/10	Deering High School Public9 to 12 Choice school	1.4 mi
4/10	Portland High School Public9 to 12 Choice school	1.4 mi
NR	Sonlight Christian School Private3 to 12 Nearby school	0.9 mi
NR	Levey Day School PrivatePK to 8 Nearby school	0.9 mi
NR	Waynflete School PrivatePK to 12 Nearby school	0.8 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 51 Frederic Street, Portland, ME 04102	$1,000,000	–	3	4,308	3,920
57 Frederic Street, Portland, ME 04102	–	–	–	21,162	34,652
44 Frederic Street, Portland, ME 04102	–	2	1	625	5,001
40 Frederic Street, Portland, ME 04102	$322,000	2	1	1,075	4,791
36 Frederic Street, Portland, ME 04102	–	2	1	625	5,001
50 Frederic Street, Portland, ME 04102	–	–	–	17,928	22,002
31 Frederic Street, Portland, ME 04102	$375,000	–	5	5,564	4,791
22 Huntress Street, Portland, ME 04102	$146,750	3	2	1,712	6,534
30 Frederic Street, Portland, ME 04102	–	–	4	4,088	6,800
25-29 Frederic Street, Portland, ME 04102	$551,400	–	4	4,224	5,662
25 Frederic Street, Portland, ME 04102	–	–	4	4,304	5,998
18 Huntress Street, Portland, ME 04102	$505,000	2	1	968	4,356
23 Frederic Street, Portland, ME 04102	$715,000	–	3	2,556	3,920
10 Huntress Street, Portland, ME 04102	$103,000	3	1	1,020	8,712
17 Westfield Street, Portland, ME 04102	–	–	–	18,106	69,173
22 Frederic Street, Portland, ME 04102	–	–	3	3,677	5,001

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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.