15 Russell Street, Portland, ME 04102 (MLS # 1683359)

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PRICE $350,000 dsIDX morgage calculator
BEDS 0
BATHS 2
HOME SIZE 2,209 sqft
LOT SIZE 2,614 sqft

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.

LAST UPDATED 10/6/2026 YEAR BUILT 1910
COUNTY Cumberland STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
BASEMENT Interior Entry, Partial, Yes
CONSTRUCTION Frame, Vinyl Siding
HEAT Oil, Steam
LOT 2614 sq ft
LOT DIMENSIONS 0.06
MLS STATUS Active
PARKING None
SEWER Public Sewer
STYLE Other
TAXES 7434
UTILITIES Natural Gas Not Available
WATER Public
MORTGAGE CALCULATOR
   

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Listing provided by Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.

Mortgage Calculator provided by Diverse Solutions © 2026

IDX data provided by Market Leader, courtesy of Maine Listings.

This IDX solution is (c) Diverse Solutions 2026.


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