Pending

$1,589,000

49 Deering Street, Portland, ME 04101

6beds

5,751sqft

Est.:

Multi Family

Built in 1874

-- sqft lot

$1,498,000 Zestimate^®

$276/sqft

$-- HOA

What's special

Stand alone brick buildingOriginal stained-glass windowsLight filled apartmentsFlexible office spaceHistoric architectureArchitectural detailsDedicated parking spaces

A Rare Opportunity to own a distinguished stand alone brick building in the heart of Downtown Portland. This 3 unit property combines historic architecture with modern versatility. Offering three beautiful residences plus professional office space in the lower level. Highlights include: Timeless craftsmanship with original stained-glass windows and architectural details. Flexible office space with a private entrance. Three light filled apartments with original character and style. Eight dedicated parking spaces-a true luxury for downtown! Unmatched location just steps away from dining, entertaining, shopping and local parks and beaches! Whether you envision living in one unit while leasing the others, or creating a boutique live/work environment, this property offers the perfect blend of elegance, functionality and convenience. Snow Removal Plowing Contract is already in place for the season! Schedule your showing today!

224 days

154

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Heating

Baseboard, Hot Water, Zoned, Radiator

Cooling

None

Features

Flooring: Carpet, Concrete, Tile, Hardwood, Linoleum, Painted/Stained
Doors: Storm Door(s)
Windows: Double Pane Windows, Storm Window(s)
Basement: Exterior Entry,Interior Entry
Number of fireplaces: 4

Interior area

Total structure area: 5,751
Total interior livable area: 5,751 sqft
Finished area above ground: 5,051
Finished area below ground: 700

Property

Features

Levels: Multi/Split
Stories: 3
Patio & porch: Deck, Patio

Lot

Size: 8,276.4 Square Feet

Details

Additional structures: Shed(s)
Parcel number: PTLDM047BB014001
Zoning: RN4

Construction

Type & style

Home type: MultiFamily
Architectural style: Mansard
Property subtype: Multi Family

Materials

Roof: Membrane,Pitched,Slate

Condition

Year built: 1874

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Community

Subdivision: Historical Preservation

Location

Region: Portland

Financial & listing details

Price per square foot: $276/sqft
Tax assessed value: $1,218,200
Annual tax amount: $18,285
Date on market: 11/24/2025

Estimated market value

$1,498,000

$1.42M - $1.57M

$2,883/mo

Price history

Date	Event	Price
2/9/2026	Pending sale	$1,589,000$276/sqft
Source: Maine Listings #1634634 Report a problem
12/8/2025	Price change	$1,589,000-6.3%$276/sqft
Source: Maine Listings #1634634 Report a problem
12/2/2025	Listed for sale	$1,695,000$295/sqft
Source: Maine Listings #1634634 Report a problem
11/24/2025	Contingent	$1,695,000$295/sqft
Source: Maine Listings #1634634 Report a problem
11/16/2025	Pending sale	$1,695,000$295/sqft
Source: Maine Listings #1634634 Report a problem
10/8/2025	Price change	$1,695,000-10.6%$295/sqft
Source: Maine Listings #1634634 Report a problem
10/7/2025	Listing removed	$1,825
Source: Zillow Rentals Report a problem
9/18/2025	Listed for rent	$1,825
Source: Zillow Rentals Report a problem
8/21/2025	Listed for sale	$1,895,000$330/sqft
Source: Maine Listings #1634634 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$17,554	$1,218,200
2023	$17,554 +5.9%	$1,218,200
2022	$16,580 +32.3%	$1,218,200 +126.6%
2020	$12,534	$537,700
2019	$12,534 +3.7%	$537,700
2018	$12,087 +3.8%	$537,700
2017	$11,641 +2.6%	$537,700
2016	$11,351 +2.3%	$537,700
2015	$11,093 +3.2%	$537,700
2014	$10,754 +3%	$537,700
2013	$10,437 +3.1%	$537,700
2012	$10,120 +6.1%	$537,700 +3.1%
2011	$9,537 0%	$521,700 -3%
2009	$9,539	$537,700
2008	$9,539 +8.8%	$537,700
2006	$8,770	$537,700