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3 Baths
2,393 sqft

$1,395,000

31 Bates Street, Portland ME, 04103

Built in1916
Property size2,393 sqft
Property typeMulti-family
Courtesy of Vitalius Real Estate Group, LLC

Overview

Active

Listed Jun 24, 2026

Updated 2 days ago

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.

$9,281/mo

Est. mortgage payment based on a $1,395,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1668759

Interior Features

Bathrooms
3
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$8,792
Tax Frequency
Annually
Garage
Yes
View
Yes
MLS provider logo

Listing Contact: 207-318-1102

Listed by Rachel Davey with Vitalius Real Estate Group, LLC 207-318-1102

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Blue Lobster Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 6:45 AM UTC, 10/9/2026

 

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