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!
Active
$995,000
51 Frederic Street, Portland, ME 04102
10beds
4,308sqft
Est.:
Multi Family
Built in 1914
-- sqft lot
$978,800 Zestimate®
$231/sqft
$-- HOA
What's special
Large yardNew stainless steel appliancesPrivate back deckNatural gas heating systemsPrivate basement accessRefinished wood floors
- 13 hours
- on Zillow |
- 135 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: 19 hours ago
Listed by:
Elevate Maine Realty
Source: Maine Listings,MLS#: 1634213

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Forced Air, Baseboard
Cooling
- None
Features
- Flooring: Wood, Vinyl, Tile
- Basement: Interior,Bulkhead,Full,Sump Pump,Unfinished
Interior area
- Total structure area: 4,308
- Total interior livable area: 4,308 sqft
- Finished area above ground: 4,308
- Finished area below ground: 0
Property
Parking
- Parking features: 1 - 4 Spaces, Other, Off Street, On Street
- Has uncovered spaces: Yes
Features
- Body of water: Fore River
Lot
- Size: 3,920.4 Square Feet
- Features: Level, Sidewalks, City Lot, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
Details
- Parcel number: PTLDM067BK018001
- Zoning: R6
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Roof: Flat,Membrane
Condition
- Year built: 1914
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: $231/sqft
- Tax assessed value: $652,300
- Annual tax amount: $9,791
- Date on market: 8/14/2025
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