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$400,000
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Property Description
Rare B-1 zoning in Portland's East End -- and the hard part is already done. 187 Congress Street is an 1850 brick home on Munjoy Hill taken down to the studs: framing, systems, and the full stone-foundation basement are open and inspectable today, so a contractor can walk the actual structure and price the project up front. The B-1 Neighborhood Business Zone permits what the surrounding residential blocks cannot: two- to four-family and multi-family dwellings, live/work homes, professional offices, child care, retail, cafe/restaurant space, even a bed & breakfast -- with vertical mixed-use (business below, homes above) expressly encouraged. The house sits well back from the street behind an open front yard with an existing curb cut, and B-1's build-to standards invite new construction right at the sidewalk. Better still, the parcel lies outside the Munjoy Hill Historic District -- no Historic Preservation design review; projects proceed through standard permitting. All concepts are subject to City approvals and applicable requirements; verify all details with the City of Portland. Then there is the location: three blocks from the Portland Observatory, an easy stroll to the Eastern Promenade, and steps from the restaurants, groceries, and neighborhood businesses that make the Hill one of Maine's most walkable, sought-after addresses -- while staying convenient to downtown and the entire peninsula. Investor, developer, owner-occupant, or entrepreneur: restore it as a remarkable live/work home, rebuild it as multi-unit housing, or bring a storefront-plus-residences vision to the only parcel on these blocks where that is legal. A Vision Guide detailing six development concepts and the diligence behind each is available upon request. Opportunities with this combination of zoning, condition, and location don't come along every day.
Full Property Details
Full Property Details for 187 Congress St
General
- Price: $400,000
- Taxes: $6,624 (2025)
- Status: Active
- Type: Single Family
- Source: MREIS
- MLS ID: 1678325
- Updated: 8/29/2026
- Added to Site: 46 day(s) ago
Interior
- Number of Rooms: 7
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Gravel, 1 - 4 Spaces, On-Site Parking, Off Street
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Bungalow
- Construction: Wood Frame, Brick
- Basement: Yes
- Basement Desc.: Not Applicable, Full, Unfinished
- Roof: Shingle
- Square Feet: 1,519
- Sq. Ft. Source: Public Records
- Finished Total: 1,519 Sq. Ft.
- Finished Above Grnd: 1,519 Sq. Ft.
- Year Built: 1850
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613.6
- Zoning: B-1
- Lot Description: Business District, Intown, Near Shopping, Level, Sidewalks
Financial Considerations
- Tax Amount: $6,624
- Tax Year: 2025
Disclosures and Reports
- Block: M
- Lot Number: 25
Listed by Keller Williams Realty (207) 879-9800
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Schools
Schools serving 187 Congress St
School District:Portland
| Name | Grades | Distance |
|---|---|---|
East End Community School 195 North Street, Portland, ME 04101 | PK-5 | 0.5 mi |
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 1.3 mi |
Lyman Moore Middle School 171 Auburn Street, Portland, ME 04103 | 6-8 | 3.5 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 2.4 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 187 Congress St
Date
Details
Price
Change
Source
8/29/2026
Listed
$400,000
60.2%
MLS
12/11/2017
Sold
$249,688
—
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 187 Congress St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,624
2%
$552,900
28%
2024
$6,472
4%
$431,200
—
2023
$6,214
6%
$431,200
—
2022
$5,869
5%
$431,200
—
2021
$5,601
41%
$431,200
152%
2020
$3,984
—
$170,900
—
2019
$3,984
4%
$170,900
—
2018
$3,842
4%
$170,900
—
2017
$3,700
3%
$170,900
—
2016
$3,608
2%
$170,900
—
2015
$3,526
3%
$170,900
—
2014
$3,418
3%
$170,900
—
2013
$3,317
—
$170,900
—
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 187 Congress St
187 Congress Street, Portland, ME 04101 (MLS# 1678325) is a Single Family property with 3 bedrooms and 1 full bathroom. 187 Congress Street is currently listed for $400,000 and was received on August 29, 2026. Want to learn more about 187 Congress 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.

