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5 Baths
3,500 sqft

$1,150,000

11 Russell Street, Portland ME, 04102

Built in1850
Property size3,500 sqft
Property typeMulti-family
Courtesy of Demetria Real Estate

Overview

Active

Listed Apr 8, 2026

Updated Jun 1

Located mere steps from Maine Medical Center, 11 Russell Street is a well-located four-unit in Portland's West End with strong rental demand from the healthcare workforce, in a neighborhood with one of the most consistent rental markets in the city,The property has a strong rental history with market rate rents. The unit mix includes one and two-bedroom apartments with layouts that cater to both tenants or actual owner occupancy. Good kitchen space, separate living areas, and functional bedroom sizes. Nothing overly complicated, just solid, livable units that rent well.Separate utilities keep things straightforward. Heating has been updated with gas monitors provided and maintained by Pine State. Additional features include off-street driveway parking, outdoor deck, shared laundry room and basement storage. For those considering owner occupancy, the property offers the opportunity to live in Portland's West End while offsetting expenses with rental income. For investors, it presents a well-located, income-producing asset in one of the city's most consistently desirable rental markets. Showings are available on Friday afternoons between 2-4pm, by appointment only.

$7,651/mo

Est. mortgage payment based on a $1,150,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1656948

Interior Features

Bathrooms
5
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$12,701
Tax Frequency
Annually
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Listing Contact: 207-839-5122

Listed by Aaron Chadbourne with Demetria Real Estate 207-839-5122

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor James Spear shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 8:12 PM UTC, 6/1/2026

 

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