Prime Portland Investment Opportunity!
Multi-Family15 Russell Street, Portland, ME 04102
- Type
- Sale
- Status
- Active
- Asking Price
- $350,000
- Price/SF
- $158.44/SF
- Cap Rate
- 0%
- List Date
- Oct 16, 2026
- Days on Market
- 3
- Financing Available
- No
- Sale NOI
- $0
- Sale Gross Income
- $0
- Owner Occupied
- No
- Agent Ownership Interest
- No
Prime Portland Investment Opportunity!
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
- Type
- Sale
- Status
- Active
- Asking Price
- $350,000
- Price/SF
- $158.44/SF
- Cap Rate
- 0%
- List Date
- Oct 16, 2026
- Days on Market
- 3
- Financing Available
- No
- Sale NOI
- $0
- Sale Gross Income
- $0
- Owner Occupied
- No
- Agent Ownership Interest
- No
Prime Portland Investment Opportunity!
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