Enjoy seasonal views of Back Cove and the Portland skyline from this rare three-unit property in one of Portland's most desirable locations. With the Back Cove Trail right outside your door, you can enjoy morning walks along the water or take in the views from one of the property's private decks. Conveniently located near the future site of the Roux Institute, this property also offers easy access to the waterfront, downtown Portland, and surrounding neighborhoods. With strong rental income potential, it's an excellent opportunity for an owner-occupant looking to offset their mortgage while enjoying all that this location has to offer.
The third-floor owner-occupant unit is filled with natural light and features one bedroom, one bathroom, and an open kitchen, dining, and living area. Two private decks extend the living space outdoors, including one with views overlooking Back Cove.
The second-floor unit offers a spacious layout with great natural light throughout. Features include a large living room, a separate dining room with original built-ins, a generously sized kitchen, two bedrooms, and an updated bathroom. A private deck provides a nice spot for planting or grilling.
The first-floor unit also spans the full level and features a bright, inviting layout with a spacious living room and gas fireplace, a dining room with built-ins, and an updated kitchen with granite countertops and new cabinetry. A private deck completes the space.
Additional features include dedicated basement storage for each unit, coin-operated laundry, and parking for up to six vehicles, including a rare two-car garage. With numerous updates completed in recent years, this well-maintained property offers a great combination of location, flexibility, and income potential.
Active
$1,295,000
31 Bates Street, Portland, ME 04103
5beds
2,393sqft
Multi Family
Built in 1916
-- sqft lot
$1,355,200 Zestimate®
$541/sqft
$-- HOA
What's special
Gas fireplaceRare two-car garageViews overlooking back covePrivate decksFilled with natural lightBright inviting layoutUpdated bathroom
- 6 hours
- 120
- 0
Zillow last checked:
Listing updated:
Listed by:
Vitalius Real Estate Group, LLC
Source: Maine Listings,MLS#: 1687468
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Direct Vent Heater
Cooling
- None
Appliances
- Laundry: Laundry - Coin
Features
- Flooring: Carpet, Wood
- Basement: Doghouse,Interior Entry,Full,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,393
- Total interior livable area: 2,393 sqft
- Finished area above ground: 2,393
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Common, Paved, 5 - 10 Spaces, Detached
- Garage spaces: 2
Features
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
- Body of water: Back Cove
Lot
- Size: 6,969 Square Feet
- Features: Near Turnpike/Interstate, Near Town, Neighborhood, Sidewalks, Landscaped
Details
- Parcel number: 31BatesSTPortland4292007
- Zoning: B-2b
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1916
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $541/sqft
- Annual tax amount: $9,546
- Date on market: 11/11/2026
- Exclusions: Propane heater in third floor unit.
Estimated market value
$1,355,200
$1.29M - $1.42M
$2,285/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/11/2026 | Listed for sale | $1,295,000-7.2%$541/sqft |
Source: | ||
| 11/7/2026 | Listing removed | $1,395,000$583/sqft |
Source: | ||
| 6/24/2026 | Listed for sale | $1,395,000$583/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





