About this home
Presenting a rare opportunity to acquire a distinguished 10-unit multi-family property in Portland's highly desirable Congress Street corridor steps from Longfellow Square. Comprised of two separately deeded buildings, 209 and 211 State Street are part of the historic John W. Munger Block, an architecturally significant brick property constructed in 1855 that showcases the timeless character and craftsmanship that define Portland's historic district. Ideally situated along one of Portland's most recognizable residential corridors, the property is within walking distance of the city's renowned restaurants, shops, medical facilities, transportation options, and waterfront attractions. The location continues to attract strong rental demand from professionals, healthcare workers, and residents seeking an urban lifestyle in one of Maine's most dynamic markets. Investors will appreciate the flexibility afforded by the property's separate deeds, creating potential future disposition, financing, or portfolio management opportunities. The combination of historic character, strong tenant appeal, off-street parking, and a premier Portland location makes 209-211 State Street a compelling long-term investment opportunity. All showings after the group showings are by appointment only.
Listing last checked: Listing updated:
Listed by Listing Agent · EXP Realty · MLS #1669159
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Details at a glance
Interior3 property facts
- Heating
- Baseboard, Hot Water, Zoned
- Cooling
- None
- Flooring
- Tile, Vinyl, Wood
Building4 property facts
- Style
- Other
- Year built
- 1855
- Garage
- 0
- Roof
- Membrane, Shingle, Slate
Land & utilities4 property facts
- Lot size
- 0.18 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RN-4
Financial2 property facts
- Annual taxes
- $30,763
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $2,390,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$14,649 / monthAdjust
- Principal & interest
- $12,085
- Property tax
- $2,564
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $30,763. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 209-211 State Street
Can I request a private showing?
Request a tour of 209-211 State Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.

