This property features two 2-bedroom townhouse-style units with one bathroom. Apt 1 featuring finished basement. Both units have recently undergone extensive renovations such as, new roof (2024), Rinnai heaters, flooring, kitchens, bathrooms, paint and electrical upgrades and much more. The property is an excellent choice for owner-occupants looking to significantly offset their mortgage expenses with rental income from the other unit while living in thriving downtown. Property generates 55K income with owner only paying for water and wifi.
Active
Price cut: $25.1K (7/4)
$499,900
1 Horton Place, Portland, ME 04102
4beds
1,460sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$342/sqft
$-- HOA
What's special
- 272 days
- on Zillow |
- 1,332 |
- 70 |
Zillow last checked: 7 hours ago
Listing updated: July 16, 2025 at 10:50am
Listed by:
Real Broker
Source: Maine Listings,MLS#: 1609286

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Direct Vent Heater
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- Shower
- Flooring: Vinyl
- Basement: Partial,Doghouse,Bulkhead,Unfinished
- Furnished: Yes
Interior area
- Total structure area: 1,460
- Total interior livable area: 1,460 sqft
- Finished area above ground: 1,300
- Finished area below ground: 160
Video & virtual tour
Property
Parking
- Parking features: No Driveway, Off Site, On Street
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Has spa: Yes
Lot
- Size: 871.2 Square Feet
- Features: Sidewalks, City Lot, Near Shopping, Near Town, Neighborhood, Near Public Transit
Details
- Parcel number: PTLDM055BE019001
- Zoning: R6
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $342/sqft
- Tax assessed value: $375,400
- Annual tax amount: $5,635
- Date on market: 7/4/2025
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