Exceptional opportunity in Portland's desirable Rosemont neighborhood! 14-16 Montrose Avenue offers three spacious residential units, numerous updates, a detached 3-car garage and a location that continues to make this neighborhood one of Portland's most sought-after residential areas. Each of the three units offers generous living space, creating an attractive opportunity for investors as well as an owner-occupant looking to combine comfortable living with rental income. Numerous improvements have been completed throughout the property, while the detached three-car garage provides valuable parking and storage rarely found with Portland multi-units. Adding another interesting dimension, the property's deed describes the premises as two lots within the historic Rosemont subdivision, and City parcel mapping depicts two underlying parcels. The existing 3-unit and detached garage are situated on opposite parcels. This configuration may offer intriguing future possibilities for a buyer willing to explore the property's development potential with the City of Portland. A rare combination of three substantial units, a 3-car garage, desirable neighborhood setting and potential future upside—all just minutes from downtown Portland. Development potential has not been approved or confirmed. Buyers are responsible for independently verifying permitted uses and development potential with the City of Portland.
Active
$1,195,000
16 Montrose Avenue, Portland, ME 04103
9beds
4,410sqft
Multi Family
Built in 1885
-- sqft lot
$1,149,400 Zestimate®
$271/sqft
$-- HOA
What's special
- 41 days
- 164
- 5
Zillow last checked:
Listing updated:
Listed by:
Maine Community Real Estate
Source: Maine Listings,MLS#: 1679908
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Radiator, Steam
Cooling
- None
Appliances
- Laundry: Laundry - Coin
Features
- Bathtub, Pantry, Shower, Storage
- Flooring: Vinyl, Wood
- Basement: Bulkhead,Interior Entry,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,410
- Total interior livable area: 4,410 sqft
- Finished area above ground: 4,410
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Paved, 5 - 10 Spaces, On Site, Detached
- Garage spaces: 3
Accessibility
- Accessibility features: 32 - 36 Inch Doors
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
Lot
- Size: 9,583 Square Feet
- Features: Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Corner Lot, Sidewalks
Details
- Parcel number: PTLDM176BH008001
- Zoning: R5
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Masonry, Wood Frame, Block
- Foundation: Stone, Poured Concrete
- Roof: Flat,Membrane,Shingle
Condition
- Year built: 1885
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Insulated Foundation
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $670,200
- Annual tax amount: $11,604
- Date on market: 9/16/2026
- Listing terms: 1031 Exchange
- Road surface type: Paved
Estimated market value
$1,149,400
$1.09M - $1.21M
$2,275/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Listed for sale | $1,195,000+146.4%$271/sqft |
Source: | ||
| 11/17/2017 | Sold | $485,000$110/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,658 | $670,200 |
| 2023 | $9,658 +5.9% | $670,200 |
| 2022 | $9,121 +7.9% | $670,200 +84.8% |
| 2020 | $8,455 | $362,700 |
| 2019 | $8,455 +3.7% | $362,700 |
| 2018 | $8,153 +3.8% | $362,700 |
| 2017 | $7,852 +2.5% | $362,700 |
| 2016 | $7,657 +2.3% | $362,700 |
| 2015 | $7,483 +3.2% | $362,700 |
| 2014 | $7,254 +3% | $362,700 |
| 2013 | $7,040 +3.1% | $362,700 |
| 2012 | $6,826 +3% | $362,700 |
| 2011 | $6,630 +3% | $362,700 |
| 2009 | $6,434 | $362,700 |
| 2008 | $6,434 +8.8% | $362,700 |
| 2006 | $5,916 | $362,700 |
Find assessor info on the county website
Monthly payment
Est. payment







