KristenTesseo

31 Bates Street, Portland, ME 04103

$1,395,000
  • 31 Bates Street, Portland, ME 04103 Main Photo

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New to the Market Active
BEDS0 BATHS3 full SQUARE FEET2,393 MLS#1668759
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Enjoy seasonal views of Back Cove and the Portland skyline from this rare three-unit property in one of the city's most desirable locations. Step out your door to the Back Cove Trail for morning walks, or enjoy coffee on your deck while taking in the water views. With strong rental income potential, this property offers the ideal opportunity to offset your mortgage while living in a premier setting.The owner-occupant third floor unit is filled with natural light and features 1 bedroom and 1 bathroom with an open kitchen, dining, and living area. Two private decks extend the living space outdoors, including one with views overlooking Back Cove.The second floor spans the entire level and offers exceptional light throughout. It includes a spacious living room, a separate dining room with original built-ins, a large kitchen, two well-sized bedrooms, and an updated bathroom. A private deck completes this inviting unit.The first floor also occupies the full level and features a sun-filled layout with a spacious living room and gas fireplace, a dining room with built-ins, and an updated kitchen with granite countertops and new cabinetry. This unit also enjoys a private deck for outdoor living.The basement provides dedicated storage for each unit along with coin-operated laundry. Additional amenities include parking for up to six vehicles between parking lot and a rare two-car garage. Numerous updates have been completed in recent years, making this a well-maintained and versatile investment opportunity.A truly special offering on Back Cove that combines location, views, and income potential.

31 Bates Street | MLS# 1668759

This multi-family property located at 31 Bates Street, Portland, ME 04103 is currently listed for sale with an asking price of $1,395,000. Search Portland real estate on ktesseo.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Doghouse, Interior Entry, Full, Unfinished
Garage: 2
Heating: Electric, Gas Natural, Baseboard, Direct Vent Heater
Home Style: Other
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $8,792
Year Built: 1916

Feature Descriptions

Amenities: Laundry - Coin, One-Floor Living
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Carpet, Wood
Lot: Near Turnpike/Interstate, Near Town, Neighborhood, Sidewalks, Landscaped
Parking: Common, Paved,5 - 10 Spaces, Detached
Sewer: Public Sewer
Special View Info: Scenic
SQ FT Above Grade: 2393
SQ FT Below Grade: 0
Water: Public
Water Body Name: Back Cove

Listed By / Shown By

Listed By

Agency Name: Vitalius Real Estate Group, LLC
Agency Phone: 207-541-3755

Shown By

Agent Name: Kristen Tesseo
Agent Phone: (207) 446-0184
Agency Title: Sprague and Curtis Real Estate

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Estimated Payment

$ 4,244.21 per month $3,104.67 Principal & Interest $732.67 Property Tax $406.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/28/2026. The listing information on this page last changed on 06/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 06/28/2026 2:23:55 PM EST) or MREIS (last updated Sun 06/28/2026 2:15:50 PM EST). Real estate listings held by brokerage firms other than Sprague and Curtis Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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