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$1,100,000
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Property Description
- Great opportunity to acquire a well-located six-unit multifamily property in Portland's highly desirable West End, just off Congress Street and adjacent from Maine Medical Center. - 5,766± SF multi-family offering a variety of 1-3 bedrooms with significant value-add potential through rental upside and future unit improvements. - Sale Price: $1,100,000
Full Property Details
Full Property Details for 16 Gilman St
General
- Price: $1,100,000
- Taxes: $12,755 (2026)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1670795
- Updated: 8/13/2026
- Added to Site: 90 day(s) ago
Interior
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Parking
- Parking Features: No Driveway, None, On Street
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas Natural, Direct Vent Heater
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Other
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Walk-Out Access, Daylight, Full, Unfinished
- Roof: Flat
- Square Feet: 11,532
- Finished Total: 11,532 Sq. Ft.
- Finished Above Grnd: 5,766 Sq. Ft.
- Finished Below Grnd: 5,766 Sq. Ft.
- Year Built: 1912
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662.8
- Zoning: RN-4
- Lot Description: Intown, Near Turnpike/Interstate, Sidewalks
Financial Considerations
- Operating Expenses: $32,986.59
- Tax Amount: $12,755
- Tax Year: 2026
Disclosures and Reports
- Block: E
- Lot Number: 19
Listed by Porta & Company (207) 747-1515
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Schools
Schools serving 16 Gilman St
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 0.5 mi |
East End Community School 195 North Street, Portland, ME 04101 | PK-5 | 1.8 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 1.6 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 3.2 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 16 Gilman St
Date
Details
Price
Change
Source
7/08/2026
Listed
$1,100,000
7.74%
MLS
6/09/2023
Sold
$1,021,000
—
Public Record
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 16 Gilman St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,742
-13%
$1,063,600
9%
2024
$14,582
4%
$971,500
—
2023
$13,999
6%
$971,500
—
2022
$13,222
5%
$971,500
—
2021
$12,620
101%
$971,500
260%
2020
$6,282
—
$269,500
—
2019
$6,282
4%
$269,500
—
2018
$6,058
4%
$269,500
—
2017
$5,835
3%
$269,500
—
2016
$5,689
2%
$269,500
—
2015
$5,560
3%
$269,500
—
2014
$5,390
3%
$269,500
—
2013
$5,231
—
$269,500
—
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 16 Gilman St
16 Gilman Street, Portland, ME 04102 (MLS# 1670795) is a Multi-Family property with 6 units containing 0 bedrooms and 6 full bathrooms. 16 Gilman Street is currently listed for $1,100,000 and was received on July 08, 2026. Want to learn more about 16 Gilman Street? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

