Built in 1924, this classic Portland Foursquare sits at the edge of the Back Cove neighborhood, just around the corner from Payson Park. The home greets you with a welcoming front porch wrapped in windows and a striking original front door - the kind of detail you just don't find anymore. Inside, the main floor flows from a sunny kitchen with a breakfast nook into a dining room made for gatherings and a living room anchored by an electric fireplace. A half bath and a back porch that's perfect for a mudroom round out the first level. Upstairs you'll find three comfortable bedrooms, a full bath, and built-in storage in the hall. The third floor walk-up attic is full of potential. Set on a nice city lot with a backyard and detached one car garage, this home has great bones and a ton of charm. The house has been thoughtfully maintained over the years, with regular upkeep and improvements, including a new roof installed in 2022. It's a true Portland classic and ready for its next chapter.
Closed
$522,000
54 Read Street, Portland, ME 04103
3beds
1,476sqft
Single Family Residence
Built in 1924
5,227.2 Square Feet Lot
$522,900 Zestimate®
$354/sqft
$3,058 Estimated rent
Home value
$522,900
$497,000 - $549,000
$3,058/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: 15 hours ago
Listed by:
RE/MAX By The Bay
Bought with:
F.O. Bailey Real Estate
Source: Maine Listings,MLS#: 1642779
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- 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
Dining room
- Features: Formal
- Level: First
Kitchen
- Features: Breakfast Nook, Eat-in Kitchen, Pantry
- Level: First
Living room
- Level: First
Mud room
- Level: First
Sunroom
- Features: Three-Season
- Level: First
Heating
- Other, Steam, Radiator
Cooling
- None
Features
- Flooring: Tile, Wood
- Basement: Interior Entry
- Number of fireplaces: 1
Interior area
- Total structure area: 1,476
- Total interior livable area: 1,476 sqft
- Finished area above ground: 1,476
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Multi/Split
- Patio & porch: Glassed-in Porch, Porch
Lot
- Size: 5,227 sqft
Details
- Parcel number: PTLDM141BF045001
- Zoning: R3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- Year built: 1924
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Sold | $522,000-0.6%$354/sqft |
Source:  Maine Listings #1642779 | ||
| 12/3/2025 | Pending sale | $525,000$356/sqft |
Source: Maine Listings #1642779 | ||
| 11/20/2025 | Contingent | $525,000$356/sqft |
Source: Maine Listings #1642779 | ||
| 11/17/2025 | Price change | $525,000-3.7%$356/sqft |
Source: Maine Listings #1642779 | ||
| 11/5/2025 | Listed for sale | $545,000$369/sqft |
Source: Maine Listings #1642779 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,250 | $364,300 |
| 2023 | $5,250 +5.9% | $364,300 |
| 2022 | $4,958 +7.8% | $364,300 +84.5% |
Find assessor info on the county website
Neighborhood: Ocean Avenue
Nearby schools
GreatSchools rating
- 7/10Ocean AvenueGrades: K-5Distance: 0.3 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10Deering High SchoolGrades: 9-12Distance: 1 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$522,900
2% more+ $10,458
With Zillow Showcase(estimated)
$533,358