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$849,000
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Property Description
Charming 3-Unit Investment Property Near Back Cove in a Prime Portland Location. Tucked into a desirable, highly walkable neighborhood near the University of Southern Maine, this classic Portland multi-family blends timeless character with strong income potential. The first and second floor units showcase original hardwood floors, period details, and vintage built-ins that highlight the property's historic charm. The third unit offers flexibility and can be combined with the second floor to create an expansive owner's suite, complete with views of Back Cove. A detached garage provides valuable covered parking, protecting vehicles from Maine's elements. Residents enjoy a quiet, tree-lined street just minutes from neighborhood shops, popular cafes, and public transportation. With a proven rental history, consistent cash flow, and low vacancy, this property is well-suited for investors or owner-occupants seeking to live in one of Portland's most desirable locations.
Full Property Details
Full Property Details for 9 Grasmere Rd
General
- Sold For: $849,000
- Taxes: $11,192 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1660702
- Added to Site: 108 day(s) ago
Interior
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Wood, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Paved, 1 - 4 Spaces
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Oil, Baseboard, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: New Englander
- Construction: Wood Frame, Clapboard
- Basement: Yes
- Basement Desc.: Bulkhead, Interior Entry, Full
- Roof: Shingle
- Stories/Levels: 3
- Square Feet: 3,119
- Finished Total: 3,119 Sq. Ft.
- Finished Above Grnd: 3,119 Sq. Ft.
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Zoning: R3
- Lot Description: Intown, Sidewalks
Water Features
- Water Front Name: Back Cove
Financial Considerations
- Operating Expenses: $15,338
- Tax Amount: $11,192
- Tax Year: 2025
Disclosures and Reports
- Lot Number: D01101
Listed by The Real Estate Store (207) 883-4327
Sold by EXP Realty (888) 439-8743
Get Pre-Approved Today
Schools
Schools serving 9 Grasmere Rd
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Ocean Avenue 150 Ocean Avenue, Portland, ME 04103 | K-5 | 1 mi |
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 1.1 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 1.2 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 2.4 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 9 Grasmere Rd
Date
Details
Price
Change
Source
7/30/2026
Sold
$849,000
-1.05%
MLS
6/05/2026
Price Reduced
$858,000
-1.15%
MLS
5/30/2026
Price Reduced
$868,000
-1.14%
MLS
5/23/2026
Price Reduced
$878,000
-1.13%
MLS
5/15/2026
Price Reduced
$888,000
-1.11%
MLS
5/06/2026
Listed
$898,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9 Grasmere Road, Portland, ME 04101 (MLS# 1660702) is a Multi-Family property that was sold at $849,000 on July 30, 2026. Want to learn more about 9 Grasmere Road? 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.

