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About this home
Tucked into Portland's Pleasant Street neighborhood, 11 South Street is perfectly poised for an owner-occupier. This handsome brick three-unit building offers a newly renovated and vacant first-floor (2BR) unit that has been thoughtfully updated top to bottom - featuring a brand-new kitchen with all-new appliances, an updated bath, new wood floors and fresh interior paint throughout. The two-story top unit (2BR) boasts sweeping city views from its private deck along with a fireplace and wide pine floors. A 1-bedroom garden unit on the lower level rounds out the building. Historic character shines throughout — original brick, fireplaces, and pine floors you can't replicate today. Ample on-site tandem parking and an outbuilding for additional storage. Commercial zoning adds valuable flexibility for a live/work setup or future use. Steps from Downtown and neighborhood favorites Artemesia, Bread & Friends and Yosaku, this location can't be beat. A true must-see for owner-occupants, investors and business owners alike.
Multi-familyProperty Type
1900Year Built
3,049 sq ftLot Size
$306Price/Sq.Ft.
1 spaceParking
Listed by James {Jed} Rathband• Keller Williams Realty
Arts District, located between Congress Street and the Portland Waterfront, is a cultural and walkable Portland neighborhood with gallery-lined blocks and brick-and-granite streetscapes. The neighborhood’s character concentrates around Congress Street near Monument Square, where museums, indie boutiques, coffee counters, and marquee-lit theaters keep the sidewalks busy. The Portland Museum of Art, Merrill Auditorium, and SPACE Gallery act as community pillars for exhibitions, concerts, and film. Historic commercial buildings mix with converted lofts and newer mid-rise residences, giving the streets a studio-and-showroom feel. Pocket parks and the nearby waterfront add open-air breaks between openings and performances. Dining and nightlife cluster along Congress and Exchange, with late hours and a polished, creative edge.
Provided by Walk Score and Local Logic
Offer insights
11 South St · $989,000
$1.03M and above
75% chance or better to win
Why $1.03M+ is a strong offer
DAYS ON MARKET
2 days
The average home goes pending in 18 days.
SALE-TO-LIST
99.3%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Tile and hardwood flooring
Finished basement with exterior walk-out and daylight access
Brick/mortar finished basement
Bedrooms
Three residential units: two 1-bedroom units and one 2-bedroom unit
Unit locations: one unit on the first level, one on the second level, and one in the basement
Bathrooms
Three full bathrooms across the building
One unit includes an additional half bathroom
Kitchen
Each unit includes a refrigerator
Laundry & utility
Laundry areas on the main level and upper level
Each unit has a dedicated water heater
Each unit has a dedicated gas meter and dedicated electric meter
Flooring
Tile
Hardwood
Heating & cooling
Baseboard heating
Circuit breaker electrical service
Exterior features
Deck
Outbuilding
Intown lot near shopping and public transit
Level lot with sidewalks
Paved road access
Home design
Townhouse-style multi-level building
Three stories
Parking
Has garage
Common paved parking with 1–4 spaces, off-street and tandem parking available
Construction
Built in 1900
Wood frame and brick construction
Block and brick/mortar foundation
Shingle roof
Utilities
Public water
Public sewer
Utilities currently on
Water heaters: electric and gas
Financial info
Property configured as a 3-unit multifamily (gross income reported)
Gross income: $59,088
Operating expenses: $19,956
Actual rents by unit: $1,179; $2,357; $1,388
Other
Zoning: B3
Electricity and solar
View estimated energy costs and solar savings for this home
To maintain and enhance the role of the downtown as the business and commercial center of the region, and to enhance and promote the orderly expansion of retail and service businesses downtown, satisfying the related needs of the city’s resident, working, and visitor populations. The B-3 zone encourages increased housing opportunities downtown, including three-family, four-family, townhouse, and multi-family structures to accommodate Portland’s diverse residential population, and supports an active, walkable pedestrian environment through the encouragement of intensive mixed-use activities, enhancement and maintenance of public and private open space, and the enlivenment and increased attractiveness of the street environment. Standards of the B-3 zone require excellence in urban design, to preserve and capitalize on the unique character and historic fabric of downtown Portland by encouraging reuse of significant existing structures and providing opportunities for an enhanced presence and integration of arts and cultural activities. The zone reinforces the role of downtown as a meeting place for community residents and visitors alike from all walks of life and all socio- economic groups by prioritizing access via multiple modes of transportation and enhancing and protecting the pedestrian environment.
Zone overlays
Permitted uses
Include but are not limited to:
Day care facility
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Industrial
Hotel / motel
Mixed use
Office
Public service
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 87° expected this year, 19 days in 30 years
6/10 Wind Factor
65% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04101
Average low and high temperatures (°F)
31
18
33
18
44
30
52
39
63
49
74
58
79
64
77
60
71
56
61
46
50
36
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 11 South St
$988,243
$757 under list price of $989K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $815K to $1.0M.