Exceptional investment opportunity in Portland's highly desirable Deering Center/Rosemont neighborhood. This well-maintained multi-family property features three established units plus fully finished space with strong potential for a fourth unit (buyer to verify approvals and permitted use with city). Owner occupied since 2007, and the units are currently exempt from the rent increase limits imposed by the City of Portland for 3-4 unit buildings. the property offers a rare combination of off-street parking, a garage and a spacious backyard, providing added convenience and outdoor enjoyment for tenants and owners alike. Ideally situated within walking distance to the University of New England (UNE), the University of Southern Maine (USM), Rosemont Market, neighborhood shops, restaurants and everyday amenities. Outdoor enthusiasts will appreciate easy access to Evergreen Woods and its extensive network of approximately four miles on scenic walking and hiking trails. Whether you are an owner-occupant seeking supplemental income or an investor looking to expand your portfolio in one of Portland's most sought-after neighborhoods, this property offers outstanding versatility location and future upside.
Active
$917,500
268 Concord Street W, Portland, ME 04103
5beds
3,688sqft
Multi Family
Built in 1879
-- sqft lot
$873,900 Zestimate®
$249/sqft
$-- HOA
What's special
Spacious backyardOff-street parking
- 2 days |
- 500 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Greater Portland Realty
Source: Maine Listings,MLS#: 1669373
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Direct Vent Furnace
Cooling
- None
Features
- Flooring: Carpet, Tile, Wood
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 3,688
- Total interior livable area: 3,688 sqft
- Finished area above ground: 3,688
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved, 1 - 4 Spaces, On Site, On Street
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Deck, Patio
Lot
- Size: 9,583 Square Feet
- Features: Near Shopping, Neighborhood, Open Lot, Sidewalks
Details
- Parcel number: PTLDM175BC007001
- Zoning: RN-3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding, Wood Siding
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1879
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $613,300
- Annual tax amount: $10,669
- Date on market: 6/28/2026
- Road surface type: Paved
Estimated market value
$873,900
$830,000 - $918,000
$2,963/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2026 | Listed for sale | $917,500$249/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,838 | $613,300 |
| 2023 | $8,838 +5.9% | $613,300 |
| 2022 | $8,347 +20.2% | $613,300 +105.8% |
| 2020 | $6,946 | $298,000 |
| 2019 | $6,946 +3.7% | $298,000 |
| 2018 | $6,699 +3.8% | $298,000 |
| 2017 | $6,452 +2.6% | $298,000 |
| 2016 | $6,291 +2.3% | $298,000 |
| 2015 | $6,148 +3.2% | $298,000 |
| 2014 | $5,960 +3% | $298,000 |
| 2013 | $5,784 +3.1% | $298,000 |
| 2012 | $5,608 +3% | $298,000 |
| 2011 | $5,447 +3% | $298,000 |
| 2009 | $5,287 | $298,000 |
| 2008 | $5,287 +8.8% | $298,000 |
| 2006 | $4,860 | $298,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Deering Center
Nearby schools
GreatSchools rating
- 10/10Longfellow School-PortlandGrades: PK-5Distance: 0.1 mi
- 6/10Lincoln Middle SchoolGrades: 6-8Distance: 0.2 mi
- 2/10Deering High SchoolGrades: 9-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Portland
- 04103
- Deering Center
- 268 Concord Street W





