51 Frederic Street

Closed 10/15/25
Closed 10/15/25
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Last Sold Price
$1,000,000
4,308 sqft$232/sqft
51 Frederic St, Portland, ME 04102

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
LISTING CLOSED: 10/15/2025 12:00 AM

  1. Listed by Joel Turgo • Elevate Maine Realty
    P: (207) 699-8963 C: (207) 699-8963 joel@elevatemaine.com

Property Details for 51 Frederic Street

Status
Closed
MLS #
1634213
Days on Market
5
Taxes
$9,791 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi-Family
Year Built
1914
Lot Size
0.09 AC / 3,920 SF
County
Cumberland County
Architectural Style
Other
Furnished
Partially
Style
Other
Has Waterfront
No
Zoning
R6

Recent comparable sales

Median sold price

$925,000

Avg days on market

17

Sale-to-list ratio

99.6%

[Portland, ME]

9 comparable properties found

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1

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Square Feet
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Acres

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$999,999 | 85 Spruce Street, Portland, ME 04102
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85 Spruce Street, Portland, ME 04102

$840,000 | 1415 Congress Street, Portland, ME 04102
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3

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Square Feet
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Acres

1415 Congress Street, Portland, ME 04102

$949,000 | 127 Coyle Street, Portland, ME 04103
1/45
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127 Coyle Street, Portland, ME 04103

$925,000 | 301 Stevens Avenue, Portland, ME 04103
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301 Stevens Avenue, Portland, ME 04103

$1,038,000 | 11 Smith Street, Portland, ME 04101
1/81
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11 Smith Street, Portland, ME 04101

$950,000 | 19 William Street, Portland, ME 04103
1/47
7

$950,000

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19 William Street, Portland, ME 04103

$830,000 | 17 Powsland Street, Portland, ME 04102
1/110
8

$830,000

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Unavailable
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Square Feet
0.11
Acres

17 Powsland Street, Portland, ME 04102

$920,000 | 15 Longfellow Street, Portland, ME 04103
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Location

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Building Information for 51 Frederic Street

Stories-Residences3Year Built1914Building Size-Lot Size0.09 AC / 3,920 SF

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$5,899 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,083

Property Taxes

$816

HOA Dues

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Property Information for 51 Frederic Street

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, Other, 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
  • Driveway: Other
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
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 51 Frederic Street

DateEvent & SourcePriceAppreciation
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

—
DateEvent & SourcePrice
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

—

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

Public Records for 51 Frederic Street

Taxable ValueLand$185,000Additions$682,400Total$867,400
Tax Record2025$10,391 ($866 / month)
Home Facts
Baths3Total Finished SqFt4,308 SqFtAbove Grade Finished SqFt4,308 SqFtStories3Lot Size4,182 SqFtStyleTriplexYear Built1914Year Renovated1914CountyCUMBERLANDAPNPTLD M:067 B:K018001

Schools near 51 Frederic Street

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Ocean Avenue School
Public - K 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
Ocean Avenue School
PublicK 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: 51 Frederic Street, Portland, ME 04102
$1,000,000
–
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
1,075
4,791
36 Frederic Street, Portland, ME 04102
–
2
1
625
5,001
50 Frederic Street, Portland, ME 04102
–
–
–
17,928
22,002

Explore Nearby Homes

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 Elevate Maine 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.