15 Russell ST, Portland, ME 04102
15 Russell ST, Portland, ME 04102
15 Russell ST, Portland, ME 04102
15 Russell ST, Portland, ME 04102
15 Russell ST, Portland, ME 04102
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Colleen Lundgren, M.S.

Colleen Lundgren, M.S.

+1(207) 671-6026
Listed by Kevin Fletcher Keller Williams Realty
$ 350,000
Est. payment | /mo

2 Baths

2,209 SqFt

Save
$ 350,000
Est. payment | /mo
Save

2 Baths

2,209 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,209 sqft

Price per Sqft $158

MLS Listing ID 1683359

Style Duplex

Full Baths 2

HOA Y/N No

Year Built 1910

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Source Maine Listings

Land Area 2209

Property Description

Prime Portland Investment Opportunity! Calling all investors, contractors, and visionaries. Located in a highly desirable Portland neighborhood, this 2-unit duplex at 15 Russell Street offers a rare chance to bring a multi-family property back to life. Priced aggressively this building is a true blank canvas awaiting a complete top-to-bottom renovation. Whether you are looking to execute a full condo-conversion, design a premium owner-occupied multi-family, or add a high-yield rental asset to your portfolio, the potential here is unmatched. The property requires extensive rehabilitation and is being sold strictly as-is, making it an ideal candidate for cash buyers or 203k/construction financing. Capitalize on Portland's exceptionally strong rental market and severe inventory shortage. Properties with this level of value-add potential are increasingly rare. Bring your architect, your contractor, and your imagination to unlock the immense equity waiting within these walls.

Location

State ME

County Cumberland

Zoning Residential

Rooms

Basement Interior Entry, Partial, Brick/Mortar

Interior

Heating Oil, Steam

Cooling None

Flooring Carpet, Vinyl, Wood

Exterior

Parking Features No Driveway, None

Roof Type Fiberglass

Garage No

Building

Lot Description Intown, Near Shopping, Sidewalks

Entry Level Multi-Level

Foundation Pillar/Post/Pier, Brick/Mortar

Water Public

Architectural Style Other

Others

Tax ID PTLD-000054-C000012-000001

Maine MLS (MREIS) IDX

Nearby Locations

Colleen Lundgren, M.S.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 671-6026

colleen@colleenlundgren.com

63 Federal St, Portland, ME 04101, USA

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15 Russell ST