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  • $480,000

    242 Ludlow Street, Portland, ME 04102

    4beds
    1,902sqft
    Single Family Residence
    Built in 1960
    8,712 Square Feet Lot
    $480,000 Zestimate®
    $252/sqft
    $3,835 Estimated rent

    What's special

    Opportunity awaits! This spacious four-plus bedroom colonial is located in Deering Center, one of Portland's most sought-after neighborhoods. Offered for the first time in 55 years, this home is waiting for a new owner to make it shine. It features hardwood floors throughout, a woodburning fireplace and flexible layout. The first floor offers formal living and dining rooms, a spacious kitchen, a large den that could be a 1st floor bedroom, if desired, and a half bath. On the second floor are four large bedrooms and full bath. Additional features include ample closet space, and a newer Boderus boiler and water heater. Set on an oversized lot there are many perennials, including a strawberry patch, asparagus, and peonies just waiting for someone with a green thumb to tend to. Located moments from Portland trails, coffee shops, restaurants, the Burbank library, and neighborhood schools. This property has great bones and could become a wonderful home for the next owners at a price rarely seen in Portland.

    Zillow last checked: 7 hours ago

    Listing updated: August 13, 2025 at 10:11am

    Listed by:

    Portside Real Estate Group

    Bought with:

    Hearth & Key Realty

    Source: Maine Listings,MLS#: 1630158MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom 1
    • Features: Closet
    • Level: Second
    Bedroom 2
    • Features: Closet
    • Level: Second
    Bedroom 3
    • Features: Closet
    • Level: Second
    Bedroom 4
    • Features: Closet
    • Level: Second
    Bonus room
    • Features: Built-in Features
    • Level: First
    Dining room
    • Features: Formal
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Features: Wood Burning Fireplace
    • Level: First
    Heating
    • Hot Water, Baseboard
    Cooling
    • None
    Appliances
    • Included: Washer, Refrigerator, Electric Range
    • Laundry: Washer Hookup
    Features
    • 1st Floor Bedroom, Bathtub, Shower, Storage
    • Flooring: Wood, Vinyl
    • Basement: Interior,Walk-Out Access,Daylight,Full,Unfinished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,902
    • Total interior livable area: 1,902 sqft
    • Finished area above ground: 1,902
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: 1 - 4 Spaces, Paved
    Lot
    • Size: 8,712 sqft
    • Features: Open Lot, Sidewalks, Near Shopping, Near Town, Neighborhood, Near Public Transit
    Details
    • Parcel number: PTLDM183ABA014001
    • Zoning: RN-1
    • Other equipment: Internet Access Available, Cable

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Shingle Siding, Wood Frame
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1960

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland

    Other

    Other facts
    • Road surface type: Paved