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About This Home
This 0-bedroom, 5-bathroom residential multi family at 11 Russell Street in Portland, ME is listed for $1,200,000 ($343 per sqft). Built in 1850, the home offers 3,500 sqft of living space on a 0.06 acres lot.
Located mere steps from Maine Medical Center, 11 Russell Street is a well-located four-unit in Portland's West End with strong rental demand from the healthcare workforce, in a neighborhood with one of the most consistent rental markets in the city,The property has a strong rental history with market rate rents.
The unit mix includes one and two-bedroom apartments with layouts that cater to both tenants or actual owner occupancy. Good kitchen space, separate living areas, and functional bedroom sizes. Nothing overly complicated, just solid, livable units that rent well.Separate utilities keep things straightforward.
Heating has been updated with gas monitors provided and maintained by Pine State. Additional features include off-street driveway parking, outdoor deck, shared laundry room and basement storage. For those considering owner occupancy, the property offers the opportunity to live in Portland's West End while offsetting expenses with rental income.
For investors, it presents a well-located, income-producing asset in one of the city's most consistently desirable rental markets. Showings are available on Friday afternoons between 2-4pm, by appointment only.
Key Features
- Built in 1850
- 0.06 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11 Russell Street
Portland, ME 04102
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 5-bathroom residential multi family at 11 Russell Street is listed at $1,200,000 ($343/sqft). The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.
Key features include: Built in 1850, 0.06 acre lot, 3 stories. Interior Features: Storage.
This property is listed by Aaron Chadbourne and can be reached at 2078395122 or aaron@godemetria.com.

























































