87 Gray Street

Closed 10/6/23
Closed 10/6/23
87 Gray St
87 Gray Exterior
87 Gray Exterior
87 Gray Exterior
87 Gray Entry
Front hallway
Entry - Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Entry - Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Attic
Attic
Sold
Last Sold Price
$575,000
3,222 sqft
87 Gray St, Portland, ME 04102
Multi FamilyProperty Type
0.04 acresLot Size
1894Year Built
$178/sq ftPrice per sq ft

Description

Don't miss the chance to bring your vision to life with this 3-unit in Portland's West End. This property needs some attention but has immense potential for someone with the vision, capacity, and appreciation of the good bones at the heart of this early 1900's Mansard. Units 1 and 2 are currently occupied and serviceable. Unit 3 will need a nearly full renovation. The potential to restore this Portland classic into a beautiful home, apartments or condos will be obvious. 87 Gray Street boasts a brand-new...Don't miss the chance to bring your vision to life with this 3-unit in Portland's West End. This property needs some attention but has immense potential for someone with the vision, capacity, and appreciation of the good bones at the heart of this early 1900's Mansard. Units 1 and 2 are currently occupied and serviceable. Unit 3 will need a nearly full renovation. The potential to restore this Portland classic into a beautiful home, apartments or condos will be obvious. 87 Gray Street boasts a brand-new roof and enjoys a highly coveted location in Portland's West End, a vibrant and welcoming community known for its tree-lined streets and plenty of green space. Explore the nearby Western Promenade, offering stunning views of Casco Bay, or take a leisurely stroll to downtown Portland, where you can immerse yourself in the city's rich history and waterfront charm.
  • Listed by: Briton Vitalius 207.541.3755 brit@vitalius.com • Vitalius Real Estate Group, LLC
  • Listed by: Elise Loschiavo 207.358.9881 elise@vitalius.com • Vitalius Real Estate Group, LLC
Listing closed: 10/06/2023 12:00 AM • Source: Maine Listings, MLS#: 1562851

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Location

Listing Courtesy of Vitalius Real Estate Group, LLC

Sold By Vitalius Real Estate Group, LLC

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$3,793 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,070

Property Taxes

$723

HOA Dues

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Property Information for 87 Gray Street

Property Details
  • Taxes: $8,680 / year
  • MLS Type: Multi-Family
  • County: Cumberland County
  • Architectural Style: Other
  • Style: Other
  • Has Waterfront: No
  • Zoning: R6 & Historic
Building Information
  • Stories: 3
  • Residences: 3
  • Year Built: 1894
  • Lot Size: 0.04 AC / 1,742 SF
Summary
Location and General Information
  • Water View: No
  • Location: Historic District, Intown, Near Shopping, Neighborhood
  • Page: 167
  • Zoning Overlay: Yes
  • Directions: Make a right onto Gray Street from Spring Street. 87 Gray is a few blocks down on the right.
  • Latitude: 43.64913
  • Longitude: -$70.26
Taxes and HOA
  • Association: No
  • Parcel Number: PTLD-000057-D000033-000001
  • Tax Lot: 33
  • Tax Block: D
  • Tax Book Number: 13360
  • Tax Map Number: 57
  • Tax Year: 2023
  • Tax Annual Amount: $8,680.00
Parking
  • Parking Features: 1 - 4 Spaces, Paved
  • Parking: 1 - 4 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Level, Sidewalks, Historic District, Intown, Near Shopping, Neighborhood
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 1742.4
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 3222.0
  • Building Area Total: 3222.0
  • Property Type: Multi-Family
  • Surveyed: No
  • Construction: Wood Frame
  • Year Built: 1894
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Construction Materials: Asbestos, Wood Frame
  • Stories: 3
  • Stories Total: 3
Financial Information
  • List Price/SqFt: $185.91
Utilities
  • Heat Fuel: Gas Natural, Oil
  • Electric: Fuses
  • Gas: Natural - On Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Gas
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Asbestos
  • Roof: Pitched, Shingle
  • Driveway: Paved
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Basement: Interior, Full, Unfinished
  • Basement: Full, Unfinished
  • Has Fireplace: No
  • Has Cooling: No
  • Heating: Steam, Radiator, Other Heat System
  • Has Heating: Yes
  • Flooring: Wood, Vinyl
Multi Family
Multi Family Information
  • # of 2 BD Units: 3
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $28,800.00
Rental
Rent Information
  • Land Lease: No

Property History for 87 Gray Street

DateEvent & SourcePriceAppreciation
Oct 6, 2023

Sold (Public Record)

Public Record #1520435141

$575,000—
Oct 6, 2023

Sold

Maine Listings #1562851

$575,000—
Jul 7, 2023

Pending

Maine Listings #1562851

—
DateEvent & SourcePrice
10/06/2023

Sold (Public Record)

Public Record #1520435141

$575,000
10/06/2023

Sold

Maine Listings #1562851

$575,000
07/07/2023

Pending

Maine Listings #1562851

—

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

Public Records for 87 Gray Street

Taxable ValueLand$365,200Additions$166,600Total$531,800
Tax Record2025$6,371 ($531 / month)
Home Facts
Baths3Total Finished SqFt3,222 SqFtAbove Grade Finished SqFt3,222 SqFtStories3Lot Size1,934 SqFtStyleTriplexYear Built1894Year Renovated1894CountyCUMBERLANDAPNPTLD M:057 B:D033001

Schools near 87 Gray 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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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.