9 Grasmere Rd

3,119 Sq. Ft.
$275 / Sq. Ft.
3,119
Sq. Ft.
$275
per Sq. Ft.

Description

Charming 3-Unit Investment Property Near Back Cove in a Prime Portland Location. Tucked into a desirable, highly walkable neighborhood near the University of Southern Maine, this classic Portland multi-family blends timeless character with strong income potential. The first and second floor units showcase original hardwood floors, period details, and vintage built-ins that highlight the property's historic charm. The third unit offers flexibility and can be combined with the second floor to create...Charming 3-Unit Investment Property Near Back Cove in a Prime Portland Location. Tucked into a desirable, highly walkable neighborhood near the University of Southern Maine, this classic Portland multi-family blends timeless character with strong income potential. The first and second floor units showcase original hardwood floors, period details, and vintage built-ins that highlight the property's historic charm. The third unit offers flexibility and can be combined with the second floor to create an expansive owner's suite, complete with views of Back Cove. A detached garage provides valuable covered parking, protecting vehicles from Maine's elements. Residents enjoy a quiet, tree-lined street just minutes from neighborhood shops, popular cafes, and public transportation. With a proven rental history, consistent cash flow, and low vacancy, this property is well-suited for investors or owner-occupants seeking to live in one of Portland's most desirable locations.
  1. Listed by John Murphy • The Real Estate Store
  2. Listed by Kevin D'Amboise • The Real Estate Store

Property Details for 9 Grasmere Road

Waterfront
No
ArchitecturalStyle
New Englander
Garage Spaces
2.00
Garage
Yes
Zoning
R3
LISTING UPDATED: 06/05/2026 11:12 AM

Property Details for 9 Grasmere Road

StatusActive
MLS #1660702
Days on Market31
Taxes$11,192 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1930
Lot Size0.11 AC / 4,791 SF
CountyCumberland County

Location

Listing Courtesy of The Real Estate Store
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Building Information for 9 Grasmere Road

Stories3Residences3Year Built1930Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$5,208 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,276

Property Taxes

$933

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 9 Grasmere Road

Summary
Location and General Information
  • Water Body Name: Back Cove
  • Zip Code: 1808
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04101
  • County: Cumberland
  • Geo Latitude: 43.66523
  • Geo Longitude: -70.273998
  • Tax Lot: D01101
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Construction: Wood Frame
  • Water View2: Seasonal
  • Tree Growth YN2: false
Parking
  • Parking Features: Paved, 1 - 4 Spaces
  • Attached Garage: No
  • Parking: 1 - 4 Spaces
Taxes and HOA Information
  • Tax Book Number: 6508
  • Tax Map Number: 111
  • Tax Year: 2025
  • Parcel Number: PTLD-000111-D000011-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $11,192.00
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Off Heating System: Yes
  • Heat Fuel: Electric, Oil
  • Heat System: Baseboard, Hot Water
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 3119.0
  • Lot Size Acres: 0.11
  • Source of Acreage: Public Records
  • Building Area Total: 3119.0
  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Lot Size Square Feet: 4791.6
  • Bathrooms Full: 3
  • Street Number: 9
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Red
Parking
  • Driveway:Paved: Yes
  • Driveway: Paved2
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1930
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas:No Gas: Yes
  • Water Heater: Electric2, Off Heating System
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Clapboard
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:2 Car: Yes
  • Roof: Shingle
  • Vehicle Storage: 2 Car
  • Basement Entry: Bulkhead2, Interior
Interior Features
  • Basement: Full
  • Flooring: Carpet, Linoleum, Tile, Wood
  • Cooling: None
  • Heating: Electric, Oil, Baseboard, Hot Water
  • Foundation Details: Stone
  • # Floors: 3
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: No
  • Heating YN: Yes
  • Furnished: Unfurnished
Multi Family
Income & Expenses Information
  • Gross Income: $66,311.52
  • Operating Expenses: $15,338.00
  • Gross Income: $66,311.52
  • Operating Expenses: $15,338.00
Multi-Family Information
  • Number of Units: 3
  • Building Info:# Fireplaces: 0
  • Building Info:# Stories: 3
  • Building Info:# Heating Units: 3
  • Building Info:# Water Heaters: 3
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $2,629.20
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 6.00
  • 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: No
  • Unit 1:Heat: No
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Monthly Rent: $1,900.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 6.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • 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:Monthly Rent: $996.76
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 2.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • 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 9 Grasmere Road

DateEvent & SourcePriceAppreciation
May 5, 2026

Listed (Active)

Maine Listings #1660702

$849,000
DateEvent & SourcePrice
05/05/2026

Listed (Active)

Maine Listings #1660702

$849,000

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

Public Records for 9 Grasmere Road

Taxable ValueLand$294,400Additions$639,800Total$934,200
Tax Record2025$11,192 ($933 / month)
Home Facts
Baths3Total Finished SqFt3,119 SqFtAbove Grade Finished SqFt3,119 SqFtStories2Lot Size5,001 SqFtStyleTriplexYear Built1930CountyCUMBERLANDAPNPTLD M:111 B:D011001

Schools near 9 Grasmere Road

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ocean Avenue
PublicK 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.

Similar Homes

9 Grasmere Road is a multi-family home for sale in Portland, ME 04101. This property was listed for sale on May 5, 2026 by The Real Estate Store, it's currently listed at $858,000. This listing's school district is Portland Public Schools. Nearby schools include Ocean Avenue, King Middle School and Portland High School. 9 Grasmere Road is a 5-bed, 3-bath, 3,119 sqft multi-family home built in 1930.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 The Real Estate Store

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.