178 Congress Street
Portland, ME 04101
$1,025,000
Listing Courtesy of: Cottage & Co Real Estate
207-233-5573
A truly exceptional opportunity in the heart of Munjoy Hill, one of Portland's most coveted neighborhoods. This beautifully updated three-unit property offers the rare combination of refined owner-occupied living and strong investment potential, all just moments from the acclaimed restaurants, cafés, breweries, and boutiques of Washington Avenue and the sweeping waterfront beauty of the Eastern Promenade. Occupying the entire third floor, the owner's residence has been thoughtfully reimagined with sophisticated finishes and modern comforts. A stunning designer kitchen, spacious spa-inspired bath, and energy-efficient heat pump create an inviting retreat above the city. The living room is bathed in natural light and captures breathtaking sunset views. Seasonal glimpses of Casco Bay provide a constant reminder of Portland's coastal charm. The first- and second-floor apartments have been tastefully renovated, featuring attractive kitchens, updated baths, and in-unit laundry facilities. Each residence enjoys its own private outdoor deck space and access to a charming backyard oasis—an uncommon amenity in this vibrant urban setting. Additional highlights include a one year old high efficiency gas boiler and three deeded off-street parking spaces, a highly sought-after convenience on Munjoy Hill. The current rental income provides immediate value with future upside potential, and the property's owner-occupied unit offers the benefit of exemption from Portland's rent control ordinance. Whether you're seeking an elegant urban residence with income-producing apartments, a multigenerational living arrangement, or a premier investment in one of Maine's most desirable real estate markets, this remarkable property delivers ...
+ Read More| Listing Id: | 1682214 |
|---|---|
| List Price: | $1,025,000 |
| Property Type: | Multi-Family |
| Status: | Active |
| Bathrooms Full: | 3 |
| Tax Annual Amount: | $12,955 |
| Lot Size Square Feet: | 3,049.2 |
| Lot Size Acres: | 0.07 |
| Architectural Style: | Victorian |
| Waterfront?: | No |
| City: | Portland |
| County Or Parish: | Cumberland |
| Subdivision Name: | East End |
| Postal Code: | 04101 |
| Year Built: | 1875 |
| Number Of Units Total: | 3 |
| Listing Key: | e45637e4de2313c8863dd5d34f3df3b9 |
| Above Grade Finished Area: | 3,200.0 |
| Bathrooms Total Integer: | 3 |
| Building Area Total: | 3,200.0 |
| Basement: | Doghouse, Exterior Entry, Walk-Out Access, Full, Unfinished |
| Construction Materials: | Wood Frame, Asbestos |
| Cooling: | None, Heat Pump |
| Documents Change Timestamp: | 2026-09-27T18:31:32Z |
| Documents Count: | 4 |
| Electric: | Circuit Breakers |
| Flooring: | Tile, Wood |
| Garage Spaces: | 0.0 |
| Gross Income: | $84,000 |
| Heating?: | Yes |
| Heating: | Gas Natural, Baseboard, Forced Air, Hot Water |
| Listing Contract Date: | 2026-09-27 |
| Lot Size Area: | 0.07 |
| Lot Features: | Business District, Intown, Near Shopping, Neighborhood, Sidewalks, Landscaped |
| Lot Size Units: | Acres |
| Levels: | Multi-Level |
| Status: | Active |
| Original List Price: | $1,025,000 |
| Operating Expense: | $21,695 |
| Parcel Number: | PTLD-000017-C000003-000001 |
| Parking Features: | Paved, 1 - 4 Spaces, Off Street |
| Patio And Porch Features: | Deck |
| Postal Code Plus4: | 3668 |
| Roof: | Membrane |
| State Or Province: | ME |
| Sign On Property?: | Yes |
| Stories: | 3 |
| Tax Year: | 2025 |
| Waterfront Features: | Nearby, Public |
| Water Source: | Public |
| Zoning: | R6 |
| Gas: | Natural - On Site |
| Lot Size Source: | Public Records |
| Sewer: | Public Sewer |
| Bathrooms Total Decimal: | 3.0 |
| Approval Status: | true |
| Water Info Water View: | No |
| Unit 1 Lease: | Yes |
| Unit 1 Level: | First |
| Unit 1 Security Deposit: | Yes |
| Unit 1 Monthly Rent: | 2000.0 |
| Unit 1 # Full Baths: | 1 |
| Unit 1 # Of Rooms: | 5 |
| Unit 1 Electric: | No |
| Unit 1 Heat: | Yes |
| Unit 1 Range: | Yes |
| Unit 1 Refrigerator: | Yes |
| Unit 1 Dedicated Electric Meter: | Yes |
| Unit 1 Dedicated Gas Meter: | No |
| Unit 1 Dedicated Water Heater: | No |
| Unit 1 Sewer: | Yes |
| Unit 1 Water: | Yes |
| Unit 2 # Full Baths: | 1 |
| Unit 2 # Of Rooms: | 5 |
| Unit 2 Lease: | Yes |
| Unit 2 Level: | Second |
| Unit 2 Security Deposit: | Yes |
| Unit 2 Monthly Rent: | 2000.0 |
| Unit 2 Electric: | No |
| Unit 2 Heat: | Yes |
| Unit 2 Range: | Yes |
| Unit 2 Refrigerator: | Yes |
| Unit 2 Dedicated Gas Meter: | No |
| Unit 2 Dedicated Electric Meter: | Yes |
| Unit 2 Dedicated Water Heater: | No |
| Unit 2 Sewer: | Yes |
| Unit 2 Water: | Yes |
| Unit 3 # Of Rooms: | 5 |
| Unit 3 Lease: | No |
| Unit 3 Level: | Third |
| Unit 3 Security Deposit: | No |
| Unit 3 Monthly Rent: | $3,000 |
| Unit 3 # Full Baths: | 1 |
| Unit 3 Electric: | No |
| Unit 3 Heat: | Yes |
| Unit 3 Range: | Yes |
| Unit 3 Dedicated Gas Meter: | No |
| Unit 3 Dedicated Electric Meter: | Yes |
| Unit 3 Dedicated Water Heater: | No |
| Unit 3 Refrigerator: | Yes |
| Unit 3 Sewer: | Yes |
| Unit 3 Water: | Yes |
| Units # Of 2 Bd Units: | 3 |
| Property Information Surveyed: | Unknown |
| Property Information Seasonal: | No |
| Property Information Deed/conveyance Type Offered: | Warranty |
| Property Information Color: | Green |
| Property Information Road Frontage: | No |
| Location Information Page: | 340 |
| Location Information Zoning Overlay: | No |
| Location Information Tree Growth Y/n: | No |
| Contract Information List Price/sq Ft: | $320 |
| Contract Information Comp Listing: | No |
| Remarks Internal Remarks/contingency: | Showings require 24 hour advance notice to notify tenants. |
| Remarks Showing Remarks: | Showings require 24 hour advance notice - call/text listing broker. Please remove shoes as you enter each unit. |
| Roads: | Public |
| Transportation: | Major Road Access |
| Vehicle Storage: | No Vehicle Storage |
| Water Heater: | Gas, Off Heating System |
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Maine Real Estate Information System, Inc. data last updated on October 08, 2026 05:26 PM - ET

Property Last Updated: October 08, 2026 05:26 PM - ET


















































