Sold
Last Sold Price
3,119 sqft

9 Grasmere Rd, Portland, ME 04101

Multi FamilyProperty Type
0.11 acresLot Size
1930Year Built
$272/sq ftPrice per sq ft
2 carsParking Spaces

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.
  • Listed by: John Murphy 207.329.2047 Jack@RealEstateStore.me • The Real Estate Store
  • Listed by: Kevin D'Amboise 207.883.4327 kevin@tresmaine.com • The Real Estate Store
Listing closed: 07/30/2026 12:00 AM • Source: Maine Listings, MLS#: 1660702
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Location

Listing Courtesy of The Real Estate Store

Sold By EXP Realty

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Payment Calculator

$5,465 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,532

Property Taxes

$933

HOA Dues

$0

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Property Information for 9 Grasmere Road

Property Details

  • Taxes: $11,192 / year
  • MLS Type: Multi-Family
  • Architectural Style: New Englander
  • Furnished: Unfurnished
  • Style: New Englander
  • Has Waterfront: No
  • Zoning: R3

Building Information

  • Stories: 3
  • Residences: 3
  • Year Built: 1930
  • Lot Size: 0.11 AC / 4,791 SF

Summary

Location and General Information
  • Water View: Seasonal
  • Location: Intown
  • Page: 227
  • Latitude: 43.66523
  • Longitude: -$70.27
  • Water Body Type: Cove
  • Water Body Name: Back Cove
Taxes and HOA
  • Association: No
  • Parcel Number: PTLD-000111-D000011-000001
  • Tax Lot: D01101
  • Tax Book Number: 6508
  • Tax Map Number: 111
  • Tax Year: 2025
  • Tax Annual Amount: $11,192.00
Parking
  • Parking Features: Paved, 1 - 4 Spaces
  • Parking: 1 - 4 Spaces
  • Vehicle Storage: 2 Car
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
Virtual Tour

Property

Lot Information
  • Lot Features: Intown, Sidewalks
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres
  • Roads: Public
  • SqFt Source: Public Records
  • Tree Growth: false
  • Site: Sidewalks
Property and Assessments
  • Above Grade Finished Area: 3119.0
  • Building Area Total: 3119.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Construction: Wood Frame
  • Year Built: 1930
Building Features
  • Foundation Details: Stone
  • Foundation Materials: Stone
  • Construction Materials: Wood Frame, Clapboard
  • Color: Red
  • Stories: 3
Financial Information
  • List Price/SqFt: $275.09
Utilities
  • Heat Fuel: Electric, Oil
  • # Heating Units: 3
  • # Water Heaters: 3
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric, Off Heating System

Interior and Exterior Features

Exterior Features
  • Exterior: Clapboard
  • Roof: Shingle
  • Driveway: Paved
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Basement: Bulkhead, Interior Entry, Full
  • Basement: Full
  • Has Fireplace: No
  • Has Cooling: No
  • Heating: Electric, Oil, Baseboard, Hot Water
  • Has Heating: Yes
  • Flooring: Carpet, Tile, Wood, Linoleum

Multi Family

Multi Family Information
  • # of 1 BD Units: 1
  • # of 2 BD Units: 2
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $66,311.52
  • Operating Expense: $15,338.00

Unit Information

Unit 1
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • 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: $2,629.20
  • Beds Total: 2
  • Rooms Total: 6
Unit 2
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: Third
  • Security Deposit: Yes
  • Actual Rent: $996.76
  • Beds Total: 1
  • Rooms Total: 2
Unit 3
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,900.00
  • Beds Total: 2
  • Rooms Total: 6

Rental

Rent Information
  • Land Lease: No

Property History for 9 Grasmere Road

DateEvent & SourcePriceAppreciation
Jul 30, 2026

Sold (Public Record)

Public Record #1946696064

$849,000—
Jul 30, 2026

Sold

Maine Listings #1660702

$849,000—
Jun 8, 2026

Pending

Maine Listings #1660702

—
DateEvent & SourcePrice
07/30/2026

Sold (Public Record)

Public Record #1946696064

$849,000
07/30/2026

Sold

Maine Listings #1660702

$849,000
06/08/2026

Pending

Maine Listings #1660702

—

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

Public records

9 Grasmere Road

Baths

3

Total Finished SqFt

3,119 SqFt

Above Grade Finished SqFt

3,119 SqFt

Stories

2

Lot Size

5,001 SqFt

Style

Triplex

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 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: 9 Grasmere Road, Portland, ME 04101
$849,000
–
3,119
4,791
$550,000
–
2,806
4,791
$415,000
–
2,734
4,791
$744,000
4
1,560
4,791
$552,500
2
1,768
4,791
–
3
2.5
1,992
5,001

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 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.