78 Atlantic St

Portland, ME 04101

$1,650,000
Price
5
Beds
2,700 Sq. Ft.
$611 / Sq. Ft.
2,700
Sq. Ft.
$611
per Sq. Ft.
Atlantic 24
Atlantic 1
Atlantic 2
Atlantic 25
Atlantic 23
Atlantic 3
Atlantic 4
Atlantic 5
Atlantic 6
Atlantic 8
Atlantic 7
Atlantic 9
Atlantic13
Atlantic 14
Atlantic 15
Atlantic 16
Atlantic 17
Atlantic 19
Atlantic 18
Atlantic 26
Atlantic 27

Description

Rare opportunity! A double lot on the corner of Atlantic Street and Monument Street in Portland's Most Sought-After Neighborhood! This exceptional property offers an income producing three-unit multi-family + adjacent buildable lot or expansive green space nestled atop the iconic Munjoy Hill, with ocean views from the third floor and R6 zoning, the possibilities are endless! Whether you want to move in and generate rental income & enjoy the beautifully landscaped green space, expand the existing...Rare opportunity! A double lot on the corner of Atlantic Street and Monument Street in Portland's Most Sought-After Neighborhood! This exceptional property offers an income producing three-unit multi-family + adjacent buildable lot or expansive green space nestled atop the iconic Munjoy Hill, with ocean views from the third floor and R6 zoning, the possibilities are endless! Whether you want to move in and generate rental income & enjoy the beautifully landscaped green space, expand the existing structure, build your dream home, or develop multiple condos, this property offers unmatched flexibility and potential. Located between Congress St & Fore St, you are within walking distance of the Eastern Promenade, East End Beach, scenic walking trails, award-winning restaurants, vibrant art galleries, and leading institutions like WEX and the Northeastern University Roux Institute. Don't miss this rare chance to own a piece of Portland's most desirable real estate!

Property Details for 78 Atlantic Street

Waterfront
No
ArchitecturalStyle
Colonial
Garage Spaces
.00
Garage
No
Zoning
R6
LISTING UPDATED: 10/27/2025 02:52 PM

Property Details for 78 Atlantic Street

StatusActive
MLS #1641989
Days on Market47
Taxes$12,139 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1872
Lot Size0.17 AC / 7,405 SF
CountyCumberland County

Location

Listing Courtesy of Portside Real Estate Group
Add your commute

Building Information for 78 Atlantic Street

Stories3Residences3Year Built1872Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$9,165 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,153

Property Taxes

$1,012

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 78 Atlantic Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • Zip Code: 4434
  • Directions: Congress St to Atlantic St go 1 block property on right OR Fore St to Atlantic St property on left.
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04101
  • County: Cumberland
  • Geo Latitude: 43.665766
  • Geo Longitude: -70.246272
  • Tax Lot: 24
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Site:Well Landscaped: Yes
  • Location:Intown: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Shopping: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Neighborhood: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Paved, On Site
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 23754
  • Tax Block: 1
  • Tax Map Number: 16
  • Tax Year: 2024
  • Parcel Number: PTLD-000016-E000001-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $12,139.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Tank: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2700.0
  • Lot Size Acres: 0.17
  • Source of Acreage: Public Records
  • Building Area Total: 2700.0
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Lot Size Square Feet: 7405.2
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 78
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Green
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1872
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Other Structures: Shed(s)
  • Patio and Porch Features:Patio: Yes
Interior Features
  • Basement: Interior, Bulkhead, Brick/Mortar, Full, Unfinished
  • Flooring: Tile
  • Cooling: Window Unit(s)
  • Heating: Direct Vent Heater
  • Foundation Details: Stone, Brick/Mortar
  • # Stories: 3
  • # Floors: 3
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $114,500.00
  • Operating Expenses: $25,704.00
Multi-Family Information
  • Number of Units: 3
  • Building Info:# Stories: 3
  • Building Info:# Floors: 3
  • Building Info:# Heating Units: 4
  • Building Info:# Water Heaters: 3
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $4,500.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $4,100.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: Yes
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: Third
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,250.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: Yes
  • Unit 3:Dedicated Water Heater: Yes
  • Unit 3:Electric: No
  • Unit 3:Heat: No
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Electric: No
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 78 Atlantic Street

DateEvent & SourcePriceAppreciation
Oct 27, 2025

Listed (Active)

Maine Listings #1641989

$1,650,000—
Mar 10, 2006

Sold

Maine Listings #778741

$413,000—
Feb 13, 2006

Pending

Maine Listings #778741

—
Feb 10, 2006

Active Under Contract

Maine Listings #778741

—
Jan 16, 2006

Listed (Active)

Maine Listings #778741

$399,900—
Jan 15, 2006

Expired

Maine Listings #756292

$399,900—
Jul 15, 2005

Listed (Active)

Maine Listings #756292

$489,000—
Jul 14, 2000

Sold

Maine Listings #385585

$158,000—
Jul 1, 2000

Active Under Contract

Maine Listings #385585

—
May 25, 2000

Listed (Active)

Maine Listings #385585

$157,900—
Aug 18, 1999

Expired

Maine Listings #267352

$155,000—
Feb 18, 1999

Listed (Active)

Maine Listings #267352

$155,000—
DateEvent & SourcePrice
10/27/2025

Listed (Active)

Maine Listings #1641989

$1,650,000
03/10/2006

Sold

Maine Listings #778741

$413,000
02/13/2006

Pending

Maine Listings #778741

—
02/10/2006

Active Under Contract

Maine Listings #778741

—
01/16/2006

Listed (Active)

Maine Listings #778741

$399,900
01/15/2006

Expired

Maine Listings #756292

$399,900
07/15/2005

Listed (Active)

Maine Listings #756292

$489,000
07/14/2000

Sold

Maine Listings #385585

$158,000
07/01/2000

Active Under Contract

Maine Listings #385585

—
05/25/2000

Listed (Active)

Maine Listings #385585

$157,900
08/18/1999

Expired

Maine Listings #267352

$155,000
02/18/1999

Listed (Active)

Maine Listings #267352

$155,000

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

Schools near 78 Atlantic Street

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
East End Community School
Public - PK to 5
King Middle School
Public - 6 to 8
Portland High School
Public - 9 to 12
Deering High School
Public - 9 to 12
Rating
School
Distance
East End Community School
PublicPK to 5

King 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 78 Atlantic Street, Portland, ME 04101

78 Atlantic Street is a multi-family home for sale in Portland, ME 04101. This property was listed for sale on October 27, 2025 by Portside Real Estate Group, it's currently listed at $1,650,000. It has been on the market for a total of 47 days and was last sold on March 10, 2006. This listing's school district is Portland Public Schools. Nearby schools include East End Community School, King Middle School and Portland High School. 78 Atlantic Street is a 5-bed, 3-bath, 2,700 sqft multi-family home built in 1872.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Portside Real Estate Group

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.