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
Price cut: $32.5K (8/28)
$885,000
268 Concord Street W, Portland, ME 04103
5beds
3,688sqft
Multi Family
Built in 1879
-- sqft lot
$852,800 Zestimate®
$240/sqft
$-- HOA
What's special
Spacious backyardOff-street parking
- 96 days
- 400
- 18
Zillow last checked:
Listing updated:
Listed by:
Greater Portland Realty
Source: Maine Listings,MLS#: 1669373
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
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $613,300
- Annual tax amount: $10,669
- Date on market: 6/28/2026
- Road surface type: Paved
Estimated market value
$852,800
$810,000 - $895,000
$2,974/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Price change | $885,000-3.5%$240/sqft |
Source: | ||
| 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





