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  • $1,025,000

    178 Congress Street, Portland, ME 04101

    6beds
    3,200sqft
    : 
    $7,096/mo
    Get pre-qualified
    Multi Family
    Built in 1875
    -- sqft lot
    $1,112,100 Zestimate®
    $320/sqft
    $-- HOA

    What's special

    A truly exceptional opportunity in the heart of Munjoy Hill, one of Portland's most coveted neighborhoods. This beautifully updated three-unit property offers the rare combination of refined owner-occupied living and strong investment potential, all just moments from the acclaimed restaurants, cafés, breweries, and boutiques of Washington Avenue and the sweeping waterfront beauty of the Eastern Promenade. Occupying the entire third floor, the owner's residence has been thoughtfully reimagined with sophisticated finishes and modern comforts. A stunning designer kitchen, spacious spa-inspired bath, and energy-efficient heat pump create an inviting retreat above the city. The living room is bathed in natural light and captures breathtaking sunset views. Seasonal glimpses of Casco Bay provide a constant reminder of Portland's coastal charm. The first- and second-floor apartments have been tastefully renovated, featuring attractive kitchens, updated baths, and in-unit laundry facilities. Each residence enjoys its own private outdoor deck space and access to a charming backyard oasis—an uncommon amenity in this vibrant urban setting. Additional highlights include a one year old high efficiency gas boiler and three deeded off-street parking spaces, a highly sought-after convenience on Munjoy Hill. The current rental income provides immediate value with future upside potential, and the property's owner-occupied unit offers the benefit of exemption from Portland's rent control ordinance. Whether you're seeking an elegant urban residence with income-producing apartments, a multigenerational living arrangement, or a premier investment in one of Maine's most desirable real estate markets, this remarkable property delivers a lifestyle and opportunity that rarely come to market. Group showings Thursday 10/1 from 4:30-6:00 and Sunday 10/4 from 11:00-1:00
    6 days
    539
    37

    Zillow last checked:

    Listing updated:

    Listed by:

    Cottage & Co Real Estate

    Source: Maine Listings,MLS#: 1682214MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Baseboard, Forced Air, Hot Water
      Cooling
      • None, Heat Pump
      Features
      • Flooring: Tile, Wood
      • Basement: Doghouse,Exterior Entry,Walk-Out Access,Full,Unfinished
      Interior area
      • Total structure area: 3,200
      • Total interior livable area: 3,200 sqft
      • Finished area above ground: 3,200
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Paved, 1 - 4 Spaces, Off Street
      Features
      • Levels: Multi/Split
      • Stories: 3
      • Patio & porch: Deck
      Lot
      • Size: 3,049 Square Feet
      • Features: Business District, City Lot, Near Shopping, Neighborhood, Sidewalks, Landscaped
      Details
      • Parcel number: PTLDM017BC003001
      • Zoning: R6

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Victorian
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Asbestos
      • Roof: Membrane
      Condition
      • Year built: 1875

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: East End
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $320/sqft
      • Tax assessed value: $745,700
      • Annual tax amount: $12,955
      • Date on market: 10/1/2026

        Estimated market value

        $1,112,100

        $1.00M - $1.23M

        $3,374/mo

        Price history

        DateEventPrice
        10/1/2026Listed for sale$1,025,000+111.3%$320/sqft
        Source: Maine Listings #1682214 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        4/24/2017Listing removed$1,500
        Source: Owner Report a problem
        4/17/2017Listed for rent$1,500
        Source: Owner Report a problem
        6/2/2014Sold$485,000+1.3%$152/sqft
        Source: Agent Provided Report a problem
        4/29/2014Listed for sale$479,000+90.1%$150/sqft
        Source: Vitalius Real Estate Group Report a problem
        6/27/2013Sold$252,000+105.3%$79/sqft
        Source: Public Record Report a problem
        5/4/2013Listed for sale$122,760$38/sqft
        Source: Coldwell Banker Residential Brokerage - Portland #1090072 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,746 $745,700
        2023$10,746 +5.9%$745,700
        2022$10,149 +46.2%$745,700 +150.3%
        2020$6,944 $297,900
        2019$6,944 +3.7%$297,900
        2018$6,697 +3.8%$297,900
        2017$6,450 +2.6%$297,900
        2016$6,289 +2.3%$297,900
        2015$6,146 +3.2%$297,900
        2014$5,958 +3%$297,900
        2013$5,782 +3.1%$297,900
        2012$5,606 +2.9%$297,900
        2011$5,446 +3%$297,900
        2009$5,285 $297,900
        2008$5,285 +8.8%$297,900
        2006$4,859 $297,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: East End

        Getting around

        95 / 100
        Walker's Paradise
        50 / 100
        Good Transit
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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