Multi-Family for Sale: 247 Valley Street, Portland, ME 04102

4 full baths
$950,000
$950,000
247 Valley Street, Portland, ME 04102
4 full baths
$950,000
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Price:
$950,000

Type Multi-Family
Style Multi-Level
Total Baths 4 full baths
Square Feet 3,705 sqft
Lot Size 0.06 acres
Year Built 1900
Taxes Paid $9,017

City Portland
County Cumberland

MLS 1609832
Status Active
DOM 32 days
Investors take notice! This 4 unit multi-family property is income producing and ready to be your next asset. With a strong rental history and a desirable location, this property is an ideal investment. Located near everything that Portlands Old Port has to offer with close proximity to Maine Medical Center and I-295 / I-95 for an easy commute. The spacious 3700 sqft of living space consists of two 3 bedroom units, a 2 bedroom unit, and a studio. New hot water tank and most electrical and plumbing updated in 2022. Don't miss your opportunity to purchase a cash flowing asset in Maine's historical waterfront city of Portland! The property is currently fully occupied. The interior photos have been edited for brightness and to remove tenants belongings. Please inquire to receive unedited interior photos. Thank you for your interest!

Room Features

Basement Description Exterior Only, Walk-Out Access, Full

Lot & Building Features

Cooling None
Tax Year 2024
Taxes Paid $9,017

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 3
Unit 2 of Rooms 5
Unit 3 Full Baths 1
Unit 3 of Bedrooms 2
Unit 3 of Rooms 4
Unit 4 Full Baths 1
Unit 4 of Bedrooms 1
Unit 4 of Rooms 3

Price History of 247 Valley Street

Date Name Price Difference
11/20/2024 Listing Price $950,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$665,000
$179 / sqft
Average
$844,530
$227 / sqft
High
$1,200,000
$333 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Portland 04102 0 4.0 $950,000 3,705 $256 N/A
240 Park Avenue Portland 04101 0 3.0 $665,000 3,705 $179 03/01/2024
415 Deering Avenue Portland 04103 0 3.0 $682,650 3,803 $180 03/01/2024
219 Valley Street Portland 04102 0 4.0 $750,000 3,724 $201 04/22/2024
91-93 Columbia Road Portland 04103 0 4.0 $1,200,000 3,600 $333 05/31/2024
49 Clifton Street Portland 04101 0 3.0 $925,000 3,800 $243 07/26/2024

Map of 247 Valley Street, Portland, ME

Location Map Street View
Photo of Maureen Carey
Direct: 603-944-7834
Office
560 High Street
Hampton, NH 03842
603-929-1100
Listed by Down To Earth Real Estate, Meghan Kennerly 484-432-0067
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20%
0.94915789473684%
6.75%
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Principal & Interest
Monthly Taxes
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247 Valley Street (MLS #1609832) is a multi-level multi-family listing located in Portland, ME. This multi-family listing is 3,705 sqft and on a lot of 2,614 sqft (or 0.06 acres) and is 124 years old. This property was listed on 11/20/2024 and has been priced for sale at $950,000.

The multi-family listing at 219 Valley Street in Portland is nearby and sold for $750,000 on 04/22/2024. Another nearby multi-family listing, 240 Park Avenue in Portland sold for $665,000 on 03/01/2024.

Nearby zip codes are 04021, 04101, 04103, 04106 and 04108. This property neighbors other cities such as Cape Elizabeth, Falmouth, Scarborough, South Portland and Westbrook.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Down To Earth Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.