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  • $400,000

    187 Congress Street, Portland, ME 04101

    3beds
    1,519sqft
    : 
    $2,769/mo
    Get pre-qualified
    Single Family Residence
    Built in 1850
    2,613 Square Feet Lot
    $-- Zestimate®
    $263/sqft
    $-- HOA

    What's special

    Existing curb cutOpen front yardFull stone-foundation basement
    Rare B-1 zoning in Portland's East End -- and the hard part is already done. 187 Congress Street is an 1850 brick home on Munjoy Hill taken down to the studs: framing, systems, and the full stone-foundation basement are open and inspectable today, so a contractor can walk the actual structure and price the project up front. The B-1 Neighborhood Business Zone permits what the surrounding residential blocks cannot: two- to four-family and multi-family dwellings, live/work homes, professional offices, child care, retail, cafe/restaurant space, even a bed & breakfast -- with vertical mixed-use (business below, homes above) expressly encouraged. The house sits well back from the street behind an open front yard with an existing curb cut, and B-1's build-to standards invite new construction right at the sidewalk. Better still, the parcel lies outside the Munjoy Hill Historic District -- no Historic Preservation design review; projects proceed through standard permitting. All concepts are subject to City approvals and applicable requirements; verify all details with the City of Portland. Then there is the location: three blocks from the Portland Observatory, an easy stroll to the Eastern Promenade, and steps from the restaurants, groceries, and neighborhood businesses that make the Hill one of Maine's most walkable, sought-after addresses -- while staying convenient to downtown and the entire peninsula. Investor, developer, owner-occupant, or entrepreneur: restore it as a remarkable live/work home, rebuild it as multi-unit housing, or bring a storefront-plus-residences vision to the only parcel on these blocks where that is legal. A Vision Guide detailing six development concepts and the diligence behind each is available upon request. Opportunities with this combination of zoning, condition, and location don't come along every day.
    36 days
    4,560
    88

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1678325MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom 1
      • Level: Second
      Bedroom 2
      • Level: Second
      Den
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Other
      • Level: First
      Other
      • Level: First
      Heating
      • None
      Cooling
      • None
      Features
      • Flooring: Other
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,519
      • Total interior livable area: 1,519 sqft
      • Finished area above ground: 1,519
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel, 1 - 4 Spaces, On Site, Off Street
      Lot
      • Size: 2,613 Square Feet
      • Features: Business District, City Lot, Near Shopping, Level, Sidewalks
      Details
      • Parcel number: PTLDM013BM025001
      • Zoning: B-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Brick
      • Foundation: Poured Concrete
      • Roof: Shingle
      Condition
      • Year built: 1850

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $263/sqft
      • Tax assessed value: $431,200
      • Annual tax amount: $6,624
      • Date on market: 8/29/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/29/2026Listed for sale$400,000-11.1%$263/sqft
        Source: Maine Listings #1678325 Report a problem
        6/14/2026Listing removed$450,000$296/sqft
        Source: Maine Listings #1642135 Report a problem
        5/13/2026Price change$450,000-15.9%$296/sqft
        Source: Maine Listings #1642135 Report a problem
        12/16/2025Price change$535,000-8.5%$352/sqft
        Source: Maine Listings #1642135 Report a problem
        10/29/2025Listed for sale$585,000+148.9%$385/sqft
        Source: Maine Listings #1642135 Report a problem
        12/7/2017Sold$235,000-14.5%$155/sqft
        Source: Maine Listings #1318005 Report a problem
        10/11/2017Listed for sale$275,000$181/sqft
        Source: Landing Real Estate #1318005 Report a problem
        7/27/2017Listing removed$275,000$181/sqft
        Source: Landing Real Estate #1318005 Report a problem
        7/19/2017Price change$275,000-4.5%$181/sqft
        Source: Landing Real Estate #1318005 Report a problem
        6/21/2017Price change$288,000-4%$190/sqft
        Source: Landing Real Estate #1282577 Report a problem
        5/1/2017Listed for sale$300,000$197/sqft
        Source: Landing Real Estate #1282577 Report a problem
        3/20/2017Listing removed$300,000$197/sqft
        Source: Landing Real Estate #1282577 Report a problem
        3/18/2017Listed for sale$300,000$197/sqft
        Source: Landing Real Estate #1282577 Report a problem
        2/2/2017Listing removed$300,000$197/sqft
        Source: Landing Real Estate #1282577 Report a problem
        1/17/2017Price change$300,000-6.3%$197/sqft
        Source: Landing Real Estate #1282577 Report a problem
        11/23/2016Price change$320,000-3%$211/sqft
        Source: Landing Real Estate #1282577 Report a problem
        10/28/2016Price change$330,000-3.2%$217/sqft
        Source: Landing Real Estate #1282577 Report a problem
        10/6/2016Price change$341,000-2.6%$224/sqft
        Source: Landing Real Estate #1282577 Report a problem
        9/15/2016Listed for sale$350,000$230/sqft
        Source: Landing Real Estate #1282577 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,214 $431,200
        2023$6,214 +5.9%$431,200
        2022$5,869 +47.3%$431,200 +152.3%
        2020$3,984 $170,900
        2019$3,984 +3.7%$170,900
        2018$3,842 +3.8%$170,900
        2017$3,700 +2.5%$170,900
        2016$3,608 +2.3%$170,900
        2015$3,526 +3.2%$170,900
        2014$3,418 +3%$170,900
        2013$3,317 +3.1%$170,900
        2012$3,216 +9.4%$170,900 +6.2%
        2011$2,941 -3%$160,900 -5.9%
        2009$3,032 $170,900
        2008$3,032 +8.8%$170,900
        2006$2,787 $170,900
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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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