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$425,000
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Property Description
NEW PRICE!! The transformation has already begun for the next owner on this turn-of-the-century townhouse style duplex ideally located for prime rental occupancy directly across from Maine Medical Center! The existing footprint offers potential for a first floor primary owner's unit with a two or three bedroom rental. The roof was replaced in 2010 and new footings were added under both kitchens in 2003 and 2011. The current owner has initiated kitchen and bedroom renovations on the left side (17 Russell St.), as well installing a few newer windows throughout. This property also represents an excellent opportunity to take advantage of RN-4 zoning which may allow for up to a 4 unit multi-family dwelling. Existing lot coverage and the maximum lot coverage in the RN-4 zone would appear to support a 6,000+/- square foot 4-story multi-family apartment building or condominium project. There's no shortage of doctors, nurses, technicians and staff that would love to walk to work every morning. Seize the opportunity and make this your next home or grand slam investment! Hold Harmless agreement required prior to viewing, please inquire for a copy. **Buyer to verify all measurements and perform all due diligence regarding zoning, uses and existing conditions.**
Full Property Details
Full Property Details for 15 Russell St
General
- Price: $425,000
- Taxes: $7,434 (2026)
- Status: Active
- Type: Single Family
- Source: MREIS
- MLS ID: 1655077
- Updated: 5/14/2026
- Added to Site: 60 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: 1st Floor Bedroom
- Flooring: Luxury Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Porch/Patio/Deck: Porch
Parking
- Parking Features: No Driveway, No Parking
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Duplex
- Construction: Wood Frame, Vinyl Siding
- Roof: Shingle
- Building Size: 2209
- Square Feet: 2,209
- Sq. Ft. Source: Public Records
- Living Area: 2,209 Sq. Ft.
- Finished Total: 2,209 Sq. Ft.
- Finished Above Grnd: 2,209 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613.6
- Lot Size Source: Public Records
- Zoning: RN-4
- Lot Description: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $7,434
- Tax Year: 2026
Disclosures and Reports
- Block: C
- Lot Number: 12
Listed by Portside Real Estate Group (207) 204-0465
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Schools
Schools serving 15 Russell St
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 0.4 mi |
East End Community School 195 North Street, Portland, ME 04101 | PK-5 | 1.6 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 1.7 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 Russell St
Date
Details
Price
Change
Source
4/15/2026
Price Reduced
$425,000
-10.53%
MLS
3/22/2026
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15 Russell St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,434
-7%
$620,500
16%
2024
$8,024
4%
$534,600
—
2023
$7,704
6%
$534,600
—
2022
$7,276
5%
$534,600
—
2021
$6,944
48%
$534,600
166%
2020
$4,685
—
$201,000
—
2019
$4,685
4%
$201,000
—
2018
$4,518
4%
$201,000
—
2017
$4,352
3%
$201,000
—
2016
$4,243
2%
$201,000
—
2015
$4,147
-14%
$201,000
-16%
2014
$4,800
3%
$240,000
—
2013
$4,658
—
$240,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15 Russell St
15-17 Russell Street, Portland, ME 04102 (MLS# 1655077) is a Single Family property with 6 bedrooms and 2 full bathrooms. 15-17 Russell Street is currently listed for $425,000 and was received on March 22, 2026. Want to learn more about 15-17 Russell Street? Do you have questions about finding other Single Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

