Introducing a beautifully updated 3-unit property in the highly sought-after Munjoy Hill neighborhood. This home seamlessly combines modern amenities with classic charm, offering excellent access to all that Portland has to offer.
The property has been well-maintained and features updated systems, including energy-efficient heat pumps, solar panels, and a hybrid hot water heater, ensuring comfort and sustainability year-round. Since its purchase in 2017, the property has undergone many additional improvements, such as two renovated bathrooms, new roof, and new driveway, making it truly turnkey and move-in ready.
The top-floor owner's unit offers glimpses of Casco Bay and features a well-designed and recently renovated living space filled with natural light. A key feature is the pop-out balcony window, which expands the living area and provides outdoor space with panoramic views. The gas fireplace, installed in 2018, creates a cozy feeling throughout the winter. The other units have also been thoughtfully updated and offer spacious, comfortable living areas, making this property a great option for both owners and tenants.
Additional highlights include off-street parking for added convenience and shared laundry facilities on the 2nd floor, offering ease for all residents.
Just a short walk to award-winning restaurants, popular food trucks, the scenic Back Cove, and Eastern Trail walking paths, this location provides easy access to Portland's best attractions. You're also just steps away from Fort Sumner Park, where you can take in stunning views of the Portland city skyline. Additionally, East End Beach is nearby, offering a convenient spot to drop in a kayak and enjoy the waterfront.
This is a unique opportunity to own a well-maintained, turnkey investment property in one of Portland's most sought-after neighborhoods—ideal for investors or those seeking a convenient urban lifestyle.
Closed
$1,400,000
74 Melbourne Street, Portland, ME 04101
6beds
3,288sqft
Multi Family
Built in 1880
-- sqft lot
$1,399,900 Zestimate®
$426/sqft
$4,791 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 09:26am
Listed by:
Maineland Real Estate 207-650-3101
Bought with:
Benchmark Real Estate
Source: Maine Listings,MLS#: 1616129

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Zoned, Hot Water, Heat Pump, Baseboard
Cooling
- Heat Pump
Appliances
- Laundry: Upper Level
Features
- Flooring: Wood, Tile
- Basement: Bulkhead,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,288
- Total interior livable area: 3,288 sqft
- Finished area above ground: 3,288
- Finished area below ground: 0
Property
Parking
- Parking features: 1 - 4 Spaces, Paved, Off Street
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Patio
- Has view: Yes
- View description: Scenic
- Body of water: Casco Bay
Lot
- Size: 3,484 sqft
- Features: Level, Sidewalks, City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood
Details
- Additional structures: Outbuilding
- Parcel number: PTLDM014BM008001
- Zoning: RN-4
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,New Englander
- Property subtype: Multi Family
Materials
- Clapboard, Wood Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: Photovoltaics Seller Owned, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
- Subdivision: Munjoy Hill
Services availability

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