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About the Listing 1898 - 003530
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.
Listing Highlights for 15 Russell St
Interior Details
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Oil,Steam
- Fireplaces:
- Floor: Carpet,Vinyl,Wood
- Above Ground Sq Ft: 2209
- Basement: Interior Entry,Partial,Brick/Mortar
- Other:
- Water: Public
Exterior Details
- Lot Description: Intown,Near Shopping,Sidewalks
- Garage Capacity: N/A
- Zoning: Residential
- Roof: Fiberglass
- Others:
- Sewer: Public Sewer
- Parking Features: No Driveway
Financial Details
- Tax Amount: $7,434
- Taxes w/Assessments: N/A
- Tax/Property ID: PTLD-000054-C000012-000001
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
15 Russell St Portland, ME 04102
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