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.
Active
$400,000
187 Congress Street, Portland, ME 04101
3beds
1,519sqft
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
- 36 days
- 4,560
- 88
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty
Source: Maine Listings,MLS#: 1678325
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
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Listed for sale | $400,000-11.1%$263/sqft |
Source: | ||
| 6/14/2026 | Listing removed | $450,000$296/sqft |
Source: | ||
| 5/13/2026 | Price change | $450,000-15.9%$296/sqft |
Source: | ||
| 12/16/2025 | Price change | $535,000-8.5%$352/sqft |
Source: | ||
| 10/29/2025 | Listed for sale | $585,000+148.9%$385/sqft |
Source: | ||
| 12/7/2017 | Sold | $235,000-14.5%$155/sqft |
Source: | ||
| 10/11/2017 | Listed for sale | $275,000$181/sqft |
Source: Landing Real Estate #1318005 Report a problem | ||
| 7/27/2017 | Listing removed | $275,000$181/sqft |
Source: Landing Real Estate #1318005 Report a problem | ||
| 7/19/2017 | Price change | $275,000-4.5%$181/sqft |
Source: Landing Real Estate #1318005 Report a problem | ||
| 6/21/2017 | Price change | $288,000-4%$190/sqft |
Source: Landing Real Estate #1282577 Report a problem | ||
| 5/1/2017 | Listed for sale | $300,000$197/sqft |
Source: Landing Real Estate #1282577 Report a problem | ||
| 3/20/2017 | Listing removed | $300,000$197/sqft |
Source: Landing Real Estate #1282577 Report a problem | ||
| 3/18/2017 | Listed for sale | $300,000$197/sqft |
Source: Landing Real Estate #1282577 Report a problem | ||
| 2/2/2017 | Listing removed | $300,000$197/sqft |
Source: Landing Real Estate #1282577 Report a problem | ||
| 1/17/2017 | Price change | $300,000-6.3%$197/sqft |
Source: Landing Real Estate #1282577 Report a problem | ||
| 11/23/2016 | Price change | $320,000-3%$211/sqft |
Source: Landing Real Estate #1282577 Report a problem | ||
| 10/28/2016 | Price change | $330,000-3.2%$217/sqft |
Source: Landing Real Estate #1282577 Report a problem | ||
| 10/6/2016 | Price change | $341,000-2.6%$224/sqft |
Source: Landing Real Estate #1282577 Report a problem | ||
| 9/15/2016 | Listed for sale | $350,000$230/sqft |
Source: Landing Real Estate #1282577 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Est. payment






