224 Valley Street, Portland, ME 04102

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
224 Valley Street,Portland, ME 04102
$985,000
  • - Beds
  • 4 Baths
  • 2,911 sq. ft.
  • Multi-family
  • Active
Office: keller williams realty207-553-2400
MLS#:1668670
Source:ME_MREIS

Price summary

  • Price:$985,000
  • Price per sq. ft.:$338.37

About this home

Owner-occupied or exceptional investment opportunity in Portland! This well-maintained four-unit property features an attractive unit mix of two 1-bedroom, 1-bath apartments and two spacious 3-bedroom, 1-bath apartments. Each bright, sun-filled unit offers private deck or balcony access, providing desirable outdoor space for tenants. As an owner-occupied, you would have the potential of being exempt from Portland's rent control restrictions. Recent capital improvements include a new roof in 2025 and a new natural gas boiler in 2024, offering peace of mind for years to come. Additional amenities include coin-operated laundry, natural gas heat, and a large in-town lot with ample off-street parking. Conveniently located near the Western Promenade, downtown Portland, local restaurants, parks, shopping, and public transportation, this property offers strong rental appeal and easy access to many of the area's amenities. With a solid rental history, valuable recent updates, and a...

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Home facts

  • Year built:1900
  • Listing ID #:1668670
  • Updated:August 13, 2026 at 10:33 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Vinyl, Wood
  • Bathrooms Description:Bathtub, Shower
  • Basement Description:Exterior Entry, Partial, Walk-Out Access
  • Living area:2,911 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas Natural, Heating, Hot Water

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:2,911 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Intown, Near Public Transit, Near Shopping, Near Turnpike/Interstate, Neighborhood, Rolling Slope, Sidewalks
  • Architectural Style:Victorian
  • Construction Materials:Wood Frame, Wood Siding
  • Exterior Features:Deck
  • Foundation Description:Brick/Mortar, Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$985,000
  • Price per sq. ft.:$338.37
  • Tax amount:$9,902 (2024)

Features and amenities

  • Laundry features:Washer Hookup
  • Amenities:Storage

Parking

  • Parking description:5 - 10 Spaces, Common, Off street, On Site, Paved
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & 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 ME_MREIS Member Broker: Christopher Masiello

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