Listing

Untitled listing

Multi-Family

15 Russell Street, Portland, ME 04102

5 photos
Multi-Family For Sale
Asking
$350,000
Available
2,209 SF
Listing Details
Type
Sale
Status
Active
Asking Price
$350,000
Price/SF
$158.44/SF
List Date
Oct 13, 2026
Days on Market
6
Financing Available
No
Owner Occupied
No
Tax Amount
$7,434
Tax Year
2025
Showing Instructions
BrokerBay
Last Verified
Oct 13, 2026
Agent Ownership Interest
No

Prime Portland Investment Opportunity! Calling all investors, contractors, and visionaries. Located in a highly desirable Portland neighborhood, this 2-unit duplex at 15 Russell Street offers a rare chance to bring a multi-family property back to life. Priced aggressively this building is a true blank canvas awaiting a complete top-to-bottom renovation. Whether you are looking to execute a full condo-conversion, design a premium owner-occupied multi-family, or add a high-yield rental asset to your portfolio, the potential here is unmatched. The property requires extensive rehabilitation and is being sold strictly as-is, making it an ideal candidate for cash buyers or 203k/construction financing. Capitalize on Portland's exceptionally strong rental market and severe inventory shortage. Properties with this level of value-add potential are increasingly rare. Bring your architect, your contractor, and your imagination to unlock the immense equity waiting within these walls.

Space Details

Available SF
2,209 SF
Contact
KF
Kevin Fletcher, CCIMPrimary
KW Commercial Greater Portland
Location