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$1,590,000
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Property Description
Rare opportunity! A double lot on the corner of Atlantic Street and Monument Street in Portland's Most Sought-After Neighborhood! This exceptional property offers an income producing three-unit multi-family + adjacent buildable lot or expansive green space nestled atop the iconic Munjoy Hill, with ocean views from the third floor and R6 zoning, the possibilities are endless! Whether you want to move in and generate rental income & enjoy the beautifully landscaped green space, expand the existing structure, build your dream home, or develop multiple condos, this property offers unmatched flexibility and potential. Located between Congress St & Fore St, you are within walking distance of the Eastern Promenade, East End Beach, scenic walking trails, award-winning restaurants, vibrant art galleries, and leading institutions like WEX and the Northeastern University Roux Institute. Don't miss this rare chance to own a piece of Portland's most desirable real estate!
Full Property Details
Full Property Details for 78 Atlantic St
General
- Sold For: $1,590,000
- Taxes: $12,139 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1641989
- Added to Site: 204 day(s) ago
Interior
- Flooring: Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Exterior
- Porch/Patio/Deck: Patio
Parking
- Parking Features: Paved, 1 - 4 Spaces, On-Site Parking
Location
- County: Cumberland
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Gas Natural, Direct Vent Heater
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Post & Beam
- Construction: Wood Frame, Aluminum Siding
- Roof: Shingle
- Stories/Levels: 3
- Building Size: 2700
- Square Feet: 2,700
- Living Area: 2,700 Sq. Ft.
- Finished Total: 2,700 Sq. Ft.
- Finished Above Grnd: 2,700 Sq. Ft.
- Year Built: 1872
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Lot Size Source: Public Records
- Zoning: R6
- Lot Description: Well Landscaped, Open, Corner Lot, Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood
Financial Considerations
- Tax Amount: $12,139
- Tax Year: 2024
Disclosures and Reports
- Block: 1
- Lot Number: 24
Listed by Portside Real Estate Group (207) 536-4222
Sold by Century 21 North East (800) 844-7653
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Schools
Schools serving 78 Atlantic St
School District:Portland
| Name | Grades | Distance |
|---|---|---|
East End Community School 195 North Street, Portland, ME 04101 | PK-5 | 0.6 mi |
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 1.5 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 | 2.5 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 78 Atlantic St
Date
Details
Price
Change
Source
4/21/2026
Sold
$1,590,000
-3.64%
MLS
10/27/2025
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
78 Atlantic Street, Portland, ME 04101 (MLS# 1641989) is a Multi-Family property that was sold at $1,590,000 on April 21, 2026. Want to learn more about 78 Atlantic 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.

