# 272 State Street, Portland, ME 04101

> **TL;DR:** 0bd/7ba residential multi family, $1,580,000 ($355/sqft), built 1894, 4,454 sqft. Est. $6,847/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,580,000 |
| Price/sqft | $355 |
| Bathrooms | 7 full |
| Square Feet | 4,454 |
| Year Built | 1894 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,847 |
| **Total** | **$6,847** |

## Property Highlights

- Built in 1894
- 0.12 acre lot

## Description

### Agent Description
Originally constructed in 1894 and recognized by Greater Portland Landmarks as the John Howard Hill House, this well-maintained seven-unit brick investment property combines historic character with modern updates in a prime Portland location near Maine Medical Center, the University of Southern Maine, and downtown Portland. This property offers seven spacious apartments, including one efficiency unit, with strong rental appeal and long-term upside. Recent improvements include two new toilets, four new bathroom vanities, a new sink, a new refrigerator, and a new stove. All units feature keyless entry systems, providing added convenience for tenants and streamlined management for ownership. Solid brick construction contributes to low-maintenance ownership, while the property's desirable location continues to attract tenants seeking proximity to major employers, educational institutions, and Portland's restaurants, shops, and amenities. The property also includes four off-street parking spaces, generating an additional $4,800 in annual income. An opportunity to acquire a historic multifamily asset with strong fundamentals, additional income potential, and a proven location in one of Portland's most established rental corridors

## Location

- **Address:** 272 State Street, Portland, ME 04101
- **County:** Cumberland
- **Coordinates:** 43.656215, -70.26856
- **Google Maps:** https://www.google.com/maps?q=43.656215,-70.26856

## Listing Agent

- **Name:** Erin Finley
- **Brokerage:** RE/MAX Shoreline
- **Phone:** 2078319136
- **Email:** efinley@shorelineagents.com

## Primary Photo

![272 State Street - Primary Photo](http://lh.rdcpix.com/5c6729c937368ac2432c4328483710e4l-f2506800009r.jpg)

*31 total photos available on [listing page](https://www.propertysimple.com/listing/272-state-street-portland-me-04101-1666398)*

---

**MLS#:** 1666398 | **Updated:** 2026-06-25
**Source:** listhub

*Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/272-state-street-portland-me-04101-1666398)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "272 State Street, Portland, ME 04101",
  "description": "Originally constructed in 1894 and recognized by Greater Portland Landmarks as the John Howard Hill House, this well-maintained seven-unit brick investment property combines historic character with modern updates in a prime Portland location near Maine Medical Center, the University of Southern Maine, and downtown Portland. This property offers seven spacious apartments, including one efficiency unit, with strong rental appeal and long-term upside. Recent improvements include two new toilets, fo",
  "url": "https://www.propertysimple.com/listing/272-state-street-portland-me-04101-1666398",
  "image": "http://lh.rdcpix.com/5c6729c937368ac2432c4328483710e4l-f2506800009r.jpg",
  "datePosted": "2026-06-25",
  "price": 1580000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "272 State Street",
    "addressLocality": "Portland",
    "addressRegion": "ME",
    "postalCode": "04101",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 43.656215,
    "longitude": -70.26856
  },
  "numberOfBathroomsTotal": 7,
  "numberOfFullBathrooms": 7,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 4454,
    "unitCode": "FTK"
  },
  "yearBuilt": 1894
}
```