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  • $1,295,000

    31 Bates Street, Portland, ME 04103

    5beds
    2,393sqft
    : 
    $8,348/mo
    Get pre-qualified
    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
    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.
    6 hours
    120
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Vitalius Real Estate Group, LLC

    Source: Maine Listings,MLS#: 1687468MLS Logo

      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

        DateEventPrice
        11/11/2026Listed for sale$1,295,000-7.2%$541/sqft
        Source: Maine Listings #1687468 Report a problem
        11/7/2026Listing removed$1,395,000$583/sqft
        Source: Maine Listings #1668759 Report a problem
        6/24/2026Listed for sale$1,395,000$583/sqft
        Source: Maine Listings #1668759 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: East Deering

        Getting around

        55 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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