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Libbytown Homes for Sale

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    $740,000

    • 3 Baths
    • 2,923 Sq Ft

    7 Cherry St, Portland, ME 04102

    Fantastic investment opportunity—a three-unit multifamily property at 7 Cherry Street—offers strong rental potential in one of Maine's most desirable and consistently growing markets. Located just minutes from downtown, the Old Port, restaurants, amenities, and major commuter routes, this property attracts high-quality tenants and ensures steady demand year-round. With functional layouts and a

    Doug Schauf RE/MAX Oceanside

    7 Cherry St, Portland, ME 04102
  • /91

    $609,000

    • 2 Baths
    • 2,390 Sq Ft

    1542 Congress St, Portland, ME 04102

    Radically Reduced! Don't miss this Prime 2 unit in Portland's coveted Stroudwater area with seasonal water views. Discover this well maintained 2 unit, perfectly situated close to both downtown Portland and the airport. This exceptional property offers an ideal blend of period details, classic charm and modern updates, making it a perfect fit for both investors and owner occupants. Each unit

    Teri Ouellette Keller Williams Realty

    1542 Congress St, Portland, ME 04102

Why Live in Libbytown

Libbytown in Portland, ME, is a neighborhood experiencing significant transformation, located just 2.5 miles from Downtown Portland. The recent development of Thompson’s Point into a major entertainment hub has brought new vibrancy to the area, featuring outdoor concerts, an ice-skating rink, the Maker’s Market, and popular spots like Bissell Brothers brewery. The Children’s Museum & Theatre of Maine and the International Cryptozoology Museum add unique cultural attractions. The neighborhood is known for its early-1900s single-family homes, including colonial, Cape Cod, and American Foursquare styles, with some multi-family housing and new residential projects underway. Despite rising home prices, Libbytown remains relatively affordable compared to other Portland neighborhoods. Local amenities include Tony’s Donut Shop, Shaw’s grocery store, Anania’s Variety Store, and Maria’s Restaurant. Community events like the summer potluck and Halloween celebrations foster a strong neighborhood spirit. For outdoor activities, residents enjoy Dougherty Field’s athletic facilities, community pool, and skate park, as well as nearby hiking trails like the Fore River Trail. Public transportation is accessible via bus stations and the Portland Transportation Center, with the Portland International Jetport less than 3 miles away. The neighborhood is safer than the national average, and children attend schools with varying ratings, including Ocean Avenue Elementary, King Middle School, and Deering High School.

Frequently Asked Questions

Is Libbytown a good place to live?
Libbytown is a good place to live, receiving 4.0 stars from its residents. Libbytown is considered car-dependent and very bikeable with some transit options. Libbytown is a suburban neighborhood. Libbytown has 6 parks for recreational activities. It is fairly sparse in population with 3.4 people per acre and a median age of 39. The average household income is $100,675 which is below the national average. College graduates make up 49.6% of residents. A majority of residents in Libbytown are renters, with 58% of residents renting and 42% of residents owning their home. A local real estate agent serving Libbytown can help you decide if this neighborhood is the right one for you. Learn more on our Libbytown neighborhood guide.
Is Libbytown, ME a safe neighborhood?
Libbytown, ME is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Libbytown?
The median home price in Libbytown is $579,000. If you put a 20% down payment of $115,800 and had a 30-year fixed mortgage with an interest rate of 6.19%, your estimated principal and interest payment would be $2,830 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $121K a year to afford the median home price in Libbytown. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Libbytown is $101K.
What are the best public schools in Libbytown?
The best public schools that serve Libbytown are:
What are the best private schools in Libbytown?
The best private schools that serve Libbytown are:
What are the most popular zip codes in Libbytown, Portland, ME?
The most popular zip codes in Libbytown, Portland, ME include 04102, 04108, 04103, 04101 and 04106.
What are the most popular neighborhoods near Libbytown, Portland, ME?
The most popular neighborhoods near Libbytown, Portland, ME are Rosemont, West End, Oakdale, Deering Center and Stroudwater.

Home Trends in Libbytown, ME

Housing Trends

Median Sale Price
$550,000
Median Single Family Sale Price
$550,000
Average Price Per Sq Ft
$383
Number of Homes for Sale
0
Last 12 months Home Sales
5
Months of Supply
0.00
Median List Price
$579,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
26%
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