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$1,000,000
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Property Description
Here is the 3-Unit in Portland's Libbytown neighborhood that you've been seeking! Fully occupied tenancy with an excellent rental history and immediate cash flow. -Apt 1 is a 3 bed 1 bath with private back deck, large yard, as well as private driveway for 3+ cars and has private basement access - would make an awesome owner occupied unit, or continue as a month-to-month furnished rental (great for nearby medical center professionals). -Apt 2 is a 3 bed 1 bath with recently refinished wood floors, new stainless steel appliances -Apt 3 is a spacious 4 bed 1 bath -All 3 units have updated natural gas heating systems and separate CMP accounts. Full roof replacement in 2024. Close in proximity to dining, shopping, breweries, Amtrak, professional sports and live music venues, and The Fore River trail system! Maine Medical Center, Northern Light Mercy Hospital, USM campus and UNE campus all within walking distance! GROUP SHOWING: 8/17 this coming Sunday 3-5
Full Property Details
Full Property Details for 51 Frederic St
General
- Sold For: $1,000,000
- Taxes: $9,791 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1634213
- Added to Site: 155 day(s) ago
Interior
- Flooring: Wood, Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Parking
- Parking Features: 1 - 4 Spaces, Other, Off Street, On Street
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Forced Air, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Other
- Construction: Vinyl Siding, Wood Frame
- Roof: Flat, Membrane
- Building Size: 4308
- Square Feet: 4,308
- Living Area: 4,308 Sq. Ft.
- Finished Total: 4,308 Sq. Ft.
- Finished Above Grnd: 4,308 Sq. Ft.
- Year Built: 1914
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920.4
- Lot Size Source: Public Records
- Zoning: R6
- Lot Description: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
Financial Considerations
- Tax Amount: $9,791
- Tax Year: 2024
Disclosures and Reports
- Lot Number: K-18
Listed by Elevate Maine Realty (207) 203-9022
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Schools
Schools serving 51 Frederic St
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Ocean Avenue 150 Ocean Avenue, Portland, ME 04103 | K-5 | 1.7 mi |
King Middle School 92 Deering Avenue, Portland, ME 04102 | 6-8 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 51 Frederic St
Date
Details
Price
Change
Source
10/15/2025
Sold
$1,000,000
0.5%
MLS
8/13/2025
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
51 Frederic Street, Portland, ME 04102 (MLS# 1634213) is a Multi-Family property that was sold at $1,000,000 on October 15, 2025. Want to learn more about 51 Frederic 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.


