Outstanding investment opportunity in Portland! This 1900-built high performing 3-unit property sits on a unique double city lot. Offering unmatched yard space and parking options just off Forest Ave. The property features a stellar, high-demand rental mix: a 4-bedroom, 3-bedroom, and 1-bedroom unit.
Step inside the recently updated downstairs unit 1 to find granite countertops, new cabinets and a new range. Unit 2 upstairs has ample space as a split level 4-bedroom unit. Unbeatable location--walking distance to Deering Oaks Park, the Back Bay trails, USM, and local dining.
Perfect for an owner-occupant or a savvy investor looking for a strong-performing asset in a highly walkable neighborhood.
Active
$945,000
16 Hartley Street, Portland, ME 04103
8beds
4,053sqft
:
Get pre-qualified$6,091/mo
Multi Family
Built in 1900
-- sqft lot
$894,500 Zestimate®
$233/sqft
$-- HOA
What's special
- 21 days |
- 373 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Hearth & Key Realty 2077133144
Source: Maine Listings,MLS#: 1672909
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Direct Vent Furnace, Direct Vent Heater, Hot Water
Cooling
- None
Features
- Flooring: Laminate, Tile, Vinyl, Wood
- Basement: Interior Entry,Dirt Floor,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,053
- Total interior livable area: 4,053 sqft
- Finished area above ground: 4,053
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Paved, 5 - 10 Spaces, On Site, Off Street
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 0.28 Acres
- Features: Near Shopping, Near Town, Neighborhood, Level, Open Lot
Details
- Parcel number: PTLDM137BF002001
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Composition,Pitched,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Deering Center
Location
- Region: Portland
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $673,400
- Annual tax amount: $10,108
- Date on market: 7/25/2026
- Road surface type: Paved
Estimated market value
Zestimate®
$894,500
Estimated sales range
$850,000 - $939,000
Rent Zestimate®
$2,657/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2026 | Listed for sale | $945,000+18.1%$233/sqft |
Source: | ||
| 9/4/2024 | Sold | $800,000+0.1%$197/sqft |
Source: | ||
| 8/1/2024 | Pending sale | $799,000$197/sqft |
Source: | ||
| 7/18/2024 | Listed for sale | $799,000-3.2%$197/sqft |
Source: | ||
| 5/15/2024 | Listing removed | -- |
Source: | ||
| 4/17/2024 | Listed for sale | $825,000+312.5%$204/sqft |
Source: | ||
| 6/20/2013 | Sold | $200,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,704 | $673,400 |
| 2023 | $9,704 +5.9% | $673,400 |
| 2022 | $9,165 +25.2% | $673,400 +114.5% |
| 2020 | $7,319 | $314,000 |
| 2019 | $7,319 +3.7% | $314,000 |
| 2018 | $7,059 +3.8% | $314,000 |
| 2017 | $6,798 +2.5% | $314,000 |
| 2016 | $6,629 +28.6% | $314,000 +25.7% |
| 2015 | $5,153 +3.1% | $249,800 |
| 2014 | $4,996 +3% | $249,800 |
| 2013 | $4,849 -27% | $249,800 -29.3% |
| 2012 | $6,647 +3% | $353,200 |
| 2011 | $6,456 +3% | $353,200 |
| 2009 | $6,266 | $353,200 |
| 2008 | $6,266 +8.8% | $353,200 |
| 2006 | $5,761 | $353,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Deering Center
Nearby schools
GreatSchools rating
- 10/10Longfellow School-PortlandGrades: PK-5Distance: 0.4 mi
- 6/10Lincoln Middle SchoolGrades: 6-8Distance: 0.4 mi
- 2/10Deering High SchoolGrades: 9-12Distance: 0.5 mi
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