A Rare Opportunity to own a distinguished stand alone brick building in the heart of Downtown Portland. This 3 unit property combines historic architecture with modern versatility. Offering three beautiful residences plus professional office space in the lower level. Highlights include: Timeless craftsmanship with original stained-glass windows and architectural details. Flexible office space with a private entrance. Three light filled apartments with original character and style. Eight dedicated parking spaces-a true luxury for downtown! Unmatched location just steps away from dining, entertaining, shopping and local parks and beaches! Whether you envision living in one unit while leasing the others, or creating a boutique live/work environment, this property offers the perfect blend of elegance, functionality and convenience. Snow Removal Plowing Contract is already in place for the season! Schedule your showing today!
Closed
$1,425,000
49 Deering Street, Portland, ME 04101
6beds
5,751sqft
Multi Family
Built in 1874
-- sqft lot
$1,437,000 Zestimate®
$248/sqft
$3,374 Estimated rent
Home value
$1,437,000
$1.32M - $1.55M
$3,374/mo
Zestimate® history
Owner options
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List your homeWhat's special
Stand alone brick buildingOriginal stained-glass windowsLight filled apartmentsFlexible office spaceHistoric architectureArchitectural detailsDedicated parking spaces
Zillow last checked:
Listing updated:
Listed by:
Gardner Real Estate Group
Bought with:
Gardner Real Estate Group
Cottage & Co Real Estate
Source: Maine Listings,MLS#: 1634634
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Baseboard, Hot Water, Zoned, Radiator
Cooling
- None
Features
- Flooring: Carpet, Concrete, Tile, Hardwood, Linoleum, Painted/Stained
- Doors: Storm Door(s)
- Windows: Double Pane Windows, Storm Window(s)
- Basement: Exterior Entry,Interior Entry
- Number of fireplaces: 4
Interior area
- Total structure area: 5,751
- Total interior livable area: 5,751 sqft
- Finished area above ground: 5,051
- Finished area below ground: 700
Property
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Deck, Patio
Lot
- Size: 8,276 sqft
Details
- Additional structures: Shed(s)
- Parcel number: PTLDM047BB014001
- Zoning: RN4
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mansard
- Property subtype: Multi Family
Materials
- Roof: Membrane,Pitched,Slate
Condition
- Year built: 1874
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Portland
- Subdivision: Historical Preservation
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Sold | $1,425,000-10.3%$248/sqft |
Source:  Maine Listings #1634634 Report a problem | ||
| 2/9/2026 | Pending sale | $1,589,000$276/sqft |
Source: Maine Listings #1634634 Report a problem | ||
| 12/8/2025 | Price change | $1,589,000-6.3%$276/sqft |
Source: Maine Listings #1634634 Report a problem | ||
| 12/2/2025 | Listed for sale | $1,695,000$295/sqft |
Source: Maine Listings #1634634 Report a problem | ||
| 11/24/2025 | Contingent | $1,695,000$295/sqft |
Source: Maine Listings #1634634 Report a problem | ||
| 11/16/2025 | Pending sale | $1,695,000$295/sqft |
Source: Maine Listings #1634634 Report a problem | ||
| 10/8/2025 | Price change | $1,695,000-10.6%$295/sqft |
Source: Maine Listings #1634634 Report a problem | ||
| 10/7/2025 | Listing removed | $1,825 |
Source: Zillow Rentals Report a problem | ||
| 9/18/2025 | Listed for rent | $1,825 |
Source: Zillow Rentals Report a problem | ||
| 8/21/2025 | Listed for sale | $1,895,000$330/sqft |
Source: Maine Listings #1634634 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $17,554 | $1,218,200 |
| 2023 | $17,554 +5.9% | $1,218,200 |
| 2022 | $16,580 +32.3% | $1,218,200 +126.6% |
| 2020 | $12,534 | $537,700 |
| 2019 | $12,534 +3.7% | $537,700 |
| 2018 | $12,087 +3.8% | $537,700 |
| 2017 | $11,641 +2.6% | $537,700 |
| 2016 | $11,351 +2.3% | $537,700 |
| 2015 | $11,093 +3.2% | $537,700 |
| 2014 | $10,754 +3% | $537,700 |
| 2013 | $10,437 +3.1% | $537,700 |
| 2012 | $10,120 +6.1% | $537,700 +3.1% |
| 2011 | $9,537 0% | $521,700 -3% |
| 2009 | $9,539 | $537,700 |
| 2008 | $9,539 +8.8% | $537,700 |
| 2006 | $8,770 | $537,700 |
Find assessor info on the county website
Neighborhood: Parkside
Nearby schools
GreatSchools rating
- 3/10Howard C Reiche Community SchoolGrades: PK-5Distance: 0.3 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 0.6 mi
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$1,437,000
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+$28,740
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$1,465,740
- Maine
- Cumberland County
- Portland
- 04101
- Parkside
- 49 Deering Street
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