For Sale Multi-Family MLS# 1683359

15 Russell Street

Portland, ME 04102

$350,000

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Listing Office

Officemaine_real_estate_information_system_inc_statewide_mls logoKeller Williams Realty

About 15 Russell Street

Prime Portland Investment Opportunity! Calling all investors, contractors, and visionaries. Located in a highly desirable Portland neighborhood, this 2-unit duplex at 15 Russell Street offers a rare chance to bring a multi-family property back to life. Priced aggressively this building is a true blank canvas awaiting a complete top-to-bottom renovation. Whether you are looking to execute a full condo-conversion, design a premium owner-occupied multi-family, or add a high-yield rental asset to your portfolio, the potential here is unmatched. The property requires extensive rehabilitation and is being sold strictly as-is, making it an ideal candidate for cash buyers or 203k/construction financing. Capitalize on Portland's exceptionally strong rental market and severe inventory shortage. Properties with this level of value-add potential are increasingly rare. Bring your architect, your contractor, and your imagination to unlock the immense equity waiting within these walls.

Property details

Property

Type
multi
Year built
1910
Living area
2,209 sqft
Price / sqft
$158
Lot
0.06 ac
List date
Oct 6, 2026

Schools

District
Portland

Location

Subdivision
Valley Street
Neighborhood
Valley Street

Location

Neighborhood
Valley Street
School district
Portland

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.