Exceptional investment and owner-occupant opportunity in Portland's West End. This classic New Englander has undergone extensive improvements, including a new roof, siding, windows, electrical systems, heating systems, and more.
Currently configured as a two-unit property, the second and third floors have been thoughtfully renovated with modern finishes, creating bright, open living spaces with abundant natural light, water views of the Fore River, and private outdoor decks.
The first floor offers a blank canvas ready for your redesign, providing the potential to complete the third unit. Separate utilities for each unit add convenance and ease of management.
Enjoy a private, tucked-away setting while remaining just steps from the Western Promenade, local amenities, downtown Portland, and waterfront attractions. A rare feature in an urban setting, three sides of the property abut City zoned Open Space, enhancing privacy and creating a unique sense of privacy. Minutes to the airport, train station, downtown, shopping, and more.
Active
$978,000
481 Danforth Street, Portland, ME 04102
4beds
1,901sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$514/sqft
$-- HOA
What's special
Abundant natural lightPrivate outdoor decksNew roofBright open living spacesPrivate tucked-away setting
- 23 hours |
- 270 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
The Real Estate Store
Source: Maine Listings,MLS#: 1666170
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Tile, Wood
- Basement: Interior Entry,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,901
- Total interior livable area: 1,901 sqft
- Finished area above ground: 1,901
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved, 1 - 4 Spaces, Detached
- Garage spaces: 2
Features
- Stories: 3
- Patio & porch: Deck
- Body of water: Fore River
Lot
- Size: 6,534 Square Feet
- Features: City Lot, Near Shopping, Near Turnpike/Interstate, Near Railroad, Open Lot, Rolling Slope, Sidewalks
Details
- Parcel number: PTLDM071BA001001
- Zoning: RN-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $514/sqft
- Tax assessed value: $990,800
- Annual tax amount: $17,450
- Date on market: 6/9/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,627/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $978,000+22.3%$514/sqft |
Source: | ||
| 8/18/2016 | Listing removed | $799,999$421/sqft |
Source: Bean Group #1251096 Report a problem | ||
| 2/17/2016 | Listed for sale | $799,999$421/sqft |
Source: Bean Group #1251096 Report a problem | ||
| 10/25/2014 | Listing removed | $3,000$2/sqft |
Source: Owner Report a problem | ||
| 9/28/2014 | Price change | $3,000+36.4%$2/sqft |
Source: Owner Report a problem | ||
| 9/5/2014 | Listed for rent | $2,200$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,277 | $990,800 |
| 2023 | $14,277 +5.9% | $990,800 |
| 2022 | $13,485 +46% | $990,800 +150.1% |
| 2020 | $9,235 | $396,200 |
| 2019 | $9,235 +3.7% | $396,200 |
| 2018 | $8,907 +3.8% | $396,200 |
| 2017 | $8,578 +2.6% | $396,200 |
| 2016 | $8,364 +2.3% | $396,200 |
| 2015 | $8,174 +25.6% | $396,200 +21.8% |
| 2014 | $6,506 +3% | $325,300 |
| 2013 | $6,314 +3.1% | $325,300 |
| 2012 | $6,122 +3% | $325,300 |
| 2011 | $5,946 +3% | $325,300 |
| 2009 | $5,771 | $325,300 |
| 2008 | $5,771 +8.8% | $325,300 |
| 2006 | $5,306 | $325,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Valley Street
Nearby schools
GreatSchools rating
- 3/10Howard C Reiche Community SchoolGrades: PK-5Distance: 0.6 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 1.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Portland
- 04102
- Valley Street
- 481 Danforth Street





