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$1,390,000 Just Listed
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Property Description
Presenting a rare opportunity to acquire a distinguished 10-unit multi-family property in Portland's highly desirable Congress Street corridor steps from Longfellow Square. Comprised of two separately deeded buildings, 209 and 211 State Street are part of the historic John W. Munger Block, an architecturally significant brick property constructed in 1855 that showcases the timeless character and craftsmanship that define Portland's historic district. Ideally situated along one of Portland's most recognizable residential corridors, the property is within walking distance of the city's renowned restaurants, shops, medical facilities, transportation options, and waterfront attractions. The location continues to attract strong rental demand from professionals, healthcare workers, and residents seeking an urban lifestyle in one of Maine's most dynamic markets. Investors will appreciate the flexibility afforded by the property's separate deeds, creating potential future disposition, financing, or portfolio management opportunities. The combination of historic character, strong tenant appeal, off-street parking, and a premier Portland location makes 209-211 State Street a compelling long-term investment opportunity. Group showings: Tuesday, June 30th from 10:00-11:00am Thursday, July 2nd from 12:00-1:00pm All showings after the group showings will be by appointment only.
Full Property Details
Full Property Details for 209-211 State St
General
- Price: $1,390,000
- Taxes: $30,763 (2026)
- Status: Active
- Type: Commercial Multi-Family
- Source: MREIS
- MLS ID: 1669170
- Updated: 6/26/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Commercial, Other
Interior
- Flooring: Tile, Vinyl, Wood
Parking
- Parking Features: 5 - 10 Spaces, Leased, On-Site Parking, Tandem, Off Street
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas Natural, Baseboard, Direct Vent Furnace, Hot Water, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Frame, Masonry, Brick
- Basement: Yes
- Basement Desc.: Bulkhead, Full, Other
- Roof: Membrane, Shingle, Slate
- Square Feet: 11,000
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840.8
- Zoning: RN-4
- Lot Description: Historic District, Near Shopping
Financial Considerations
- Tax Amount: $30,763
- Tax Year: 2026
Disclosures and Reports
- Block: C
- Lot Number: 6-7
Listed by EXP Realty (888) 439-8743
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Price & Sales History for 209-211 State St
Date
Details
Price
Change
Source
6/26/2026
Listed
$1,390,000
-25.87%
MLS
11/17/2020
Sold
$1,875,000
—
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 209-211 State St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,210
-4%
$1,436,600
21%
2024
$17,868
4%
$1,190,400
—
2023
$17,154
6%
$1,190,400
—
2022
$16,201
5%
$1,190,400
—
2021
$15,463
73%
$1,190,400
211%
2020
$8,914
—
$382,400
—
2019
$8,914
4%
$382,400
—
2018
$8,596
4%
$382,400
—
2017
$8,279
3%
$382,400
—
2016
$8,072
2%
$382,400
—
2015
$7,889
3%
$382,400
—
2014
$7,648
3%
$382,400
—
2013
$7,422
—
$382,400
—
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 209-211 State St
209-211 State Street, Portland, ME 04101 (MLS# 1669170) is a Commercial Multi-Family property. 209-211 State Street is currently listed for $1,390,000 and was received on June 26, 2026. Want to learn more about 209-211 State Street? Do you have questions about finding other Commercial 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.

