103 Monument Street, Portland, ME 04101

$1,195,000
Property Type: Multi-Family Baths: 3 Square Footage: 2,917 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $1,195,000 List Date: 3/18/2026 Last Modified: 4/13/2026

Description

Tucked into Portland's beloved East End, this well-maintained three-unit property offers a rare opportunity for both investors and owner-occupants. Unit 1 is especially charming, filled with warmth and original character, and features direct access from one of the bedrooms to the rear deck, creating an easy connection to the outdoor space. Inside, Unit 1 showcases thoughtful details throughout. Units 2 and 3 enjoy peekaboo water views, while Unit 3 also captures lovely views of Portland's city skyline along with beautiful sunset exposure and potential to further enhance the views. All three units offer convenient two-bedroom layouts, making it easy to attract and retain great tenants in this low-maintenance building. One of the property's true highlights is the inviting backyard. With an apple tree, flower boxes, and established plantings, the space feels like a small, urban garden ideal for relaxing, entertaining, or enjoying a quiet moment outdoors. The property sits on a quiet, primarily owner-occupied block where neighbors take pride in their homes. Perfectly positioned to experience the best of the East End, the property is just minutes from the acclaimed restaurants, coffee shops, and breweries along Washington Avenue, and a short stroll to the Eastern Promenade overlooking Casco Bay. With separate utilities, strong income potential (currently grossing just under $100,000 annually), and generous driveway parking for 6+ vehicles, this is an exceptional opportunity for both investors and owner-occupants. Properties in this neighborhood rarely come available, especially ones that combine character, income potential, outdoor space, parking and location like this.

Supplements: ********

More Information MLS# 1654675

Location Information

Street #: 103 Street Name: Monument Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 6053 Leased Land: No Book: 40964 Page: 49 Map: 017 Block: c Lot: 14 Zoning: RN-4 Zoning Overlay: Unknown Neighborhood Association: Munjoy Hill Neighborhood Association Association: No Full Tax Amount $: 12030 Tax Year: 2024 Tree Growth Y/N: No Geo Lat: 43.663981 Geo Lon: -70.249007

Contract Information

Status: Active Original List Price: 1195000 List Price: $1,195,000 Current Price: $1,195,000

Property Information

Surveyed: Unknown Seasonal: No Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Number of Units: 3 Total Baths: 3 Total Full Baths: 3 Year Built: 1899 SqFt Finished Above Grade: 2917 SqFt Finished Total: 2917 SqFt Source: Other Other Source of Square Footage: Floor Plan Rendering Garage: No Lot Size Acres +/-: 0.07 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: Seasonal Water Body Name: Casco Bay

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 3 # Water Heaters: 3

Units

# of 2 BD Units: 3

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 3100 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 2700 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 2420 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Property Features

Site: Well Landscaped Location: Intown; Near Public Beach; Near Town; Neighborhood Roads: Paved; Public Water Body Type: Bay Recreational Water: Nearby Style: Colonial Levels: Multi-Level Construction: Wood Frame Other Structures: Shed(s) Basement: Brick/Mortar; Full; Unfinished Basement Entry: Interior Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Hot Water Heat Fuel: Gas Natural Water Heater: Off Heating System Cooling: None Floors: Carpet; Wood Amenities: 1st Floor Bedroom; Fence; Laundry - Hookup; One-Floor Living; Storage Patio and Porch Features: Deck Equipment: Cable; Internet Access Available Energy Efficiency: Ceiling Fans; ENERGY STAR Qualified Appliances; Water Heater Driveway: Paved Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Restrictions: No Restrictions Electric: Circuit Breakers Gas: Natural - At Street; Natural - On Site Sewer: Public Sewer Water: Public
Listing Office: Keller Williams Realty
Last Updated: April - 13 - 2026
Broker Attribution: scurtisrealty@gmail.com

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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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