NOT in Historic District | Prime for 5 Unit Development. Tucked away on one of Munjoy Hill's most peaceful streets, 32 Melbourne Street captures the essence of Portland's East End—connected, calm, and full of character. The home's original lines remain beautifully intact, while the lot itself is open, sunny, and inviting. The home offers just over 1,600 square feet with three bedrooms and one full baths. It's comfortable and move-in ready, yet the real story here is one of potential and possibility. Sitting on a 0.0844-acre lot—approximately 3,675 square feet—in Portland's desirable RN4 zone, the property holds special development appeal. In this zone, just 725 square feet of lot area are required per dwelling unit, meaning this site could support up to five residential units. Attention developers: this is a rare opportunity for a quality-minded multi-family owner, investor, or visionary builder to create a purposeful condominium or small-scale residential project for resale or personal use. Because the property lies outside the constraints of the historic district, you have freedom to restore, expand, or reimagine without limitation. Imagine living just steps from Maine's bold coast, one block from the Olmsted-designed East End Park with its tennis courts, ball fields, community gardens, walking paths, and sandy beach. You're connected by trails to Back Cove and the Old Port and just moments from Washington Avenue and East Bayside's lively mix of shops, breweries, and boutiques. The location offers both serenity and access—walkable to downtown Portland, the working waterfront, and near major employers and the forthcoming Root Institute across the bridge. From the upper floors, enjoy sweeping, open ocean and inner Casco Bay views stretching across the islands, with potential for panoramic vistas toward Mount Washington and the western mountains. Whether you honor the home's timeless charm or develop something entirely new, opportunities abound.
Active
Price cut: $46K (3/5)
$849,000
32 Melbourne Street, Portland, ME 04101
--beds
--baths
3,484.8Square Feet
Land
Built in ----
3,484.8 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 70 days |
- 843 |
- 41 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2026 at 09:36am
Listed by:
Benchmark Real Estate
Source: Maine Listings,MLS#: 1650824
Facts & features
Property
Lot
- Size: 3,484.8 Square Feet
Details
- Parcel number: PTLDM014BL004001
- Zoning: RN-4
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Community
- Subdivision: Munjoy Hill Neighborhood East End
Location
- Region: Portland
Financial & listing details
- Tax assessed value: $582,000
- Annual tax amount: $9,623
- Date on market: 1/31/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Price change | $849,000-5.1% |
Source: | ||
| 3/2/2026 | Price change | $895,000-10.1% |
Source: | ||
| 2/16/2026 | Price change | $995,000-9.1% |
Source: | ||
| 2/10/2026 | Price change | $1,095,000-8.4% |
Source: | ||
| 11/10/2025 | Listed for sale | $1,195,000 |
Source: | ||
| 2/5/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/13/2022 | Listed for rent | $3,600 |
Source: Zillow Rental Manager Report a problem | ||
| 1/3/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/17/2021 | Listed for rent | $3,600+38.5% |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/22/2019 | Listing removed | $2,600 |
Source: Owner Report a problem | ||
| 8/12/2019 | Price change | $2,600-11.9% |
Source: Owner Report a problem | ||
| 7/27/2019 | Listed for rent | $2,950+7.3% |
Source: Owner Report a problem | ||
| 2/20/2018 | Listing removed | $2,750 |
Source: Owner Report a problem | ||
| 1/17/2018 | Price change | $2,750+12.2% |
Source: Owner Report a problem | ||
| 12/6/2017 | Price change | $2,450+8.9% |
Source: Owner Report a problem | ||
| 9/16/2017 | Listed for rent | $2,250 |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,387 | $582,000 |
| 2023 | $8,387 +5.9% | $582,000 |
| 2022 | $7,921 +56.2% | $582,000 +167.5% |
| 2020 | $5,072 | $217,600 |
| 2019 | $5,072 +3.7% | $217,600 |
| 2018 | $4,892 +3.8% | $217,600 |
| 2017 | $4,711 +2.5% | $217,600 |
| 2016 | $4,594 +2.3% | $217,600 |
| 2015 | $4,489 +3.1% | $217,600 |
| 2014 | $4,352 +3% | $217,600 |
| 2013 | $4,224 +3.2% | $217,600 |
| 2012 | $4,095 +2.9% | $217,600 |
| 2011 | $3,978 +3.1% | $217,600 |
| 2009 | $3,860 | $217,600 |
| 2008 | $3,860 +8.8% | $217,600 |
| 2006 | $3,549 | $217,600 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment*
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East End
Nearby schools
GreatSchools rating
- 2/10East End Community SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 3.2 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 0.9 mi
Local experts in 04101
- Maine
- Cumberland County
- Portland
- 04101
- East End
- 32 Melbourne Street





