177 St John St Portland, ME 04102
Valley Street NeighborhoodEstimated payment $3,520/month
Highlights
- Nearby Water Access
- Wood Flooring
- Main Floor Bedroom
- Property is near public transit
- New Englander Architecture
- 2-minute walk to Valley Street Dog Park
About This Home
Perfect owner-occupant or investor opportunity in Portland's Libbytown neighborhood, a rapidly evolving area between the Northern Lights and expanding MaineHealth campuses, and just steps to the West End. This turnkey 2-unit offers a currently occupied first floor featuring 2 bedrooms and 1 bath, plus a vacant upper level unit that spans the second and third floors with 3 bedrooms, an office, and 2 baths. Live in one unit and rent the other while building equity! Recent updates include a new roof, fresh exterior paint, and heat pump water heaters in 2020, plus a recent refresh of the larger unit, setting the new owner up for fewer capital expenditures ahead. Each unit includes amenities tenants love, like washer/dryer hookups and designated off-street parking. Utilities are separate and tenant paid. One unit is currently vacant—making this property both move-in ready and instantly income-producing. With great proximity to the West End, Thompson's Point, Hadlock Field, Fitzpatrick Stadium, Deering Oaks, and easy access to I-295 and the Portland Transportation Center, this location attracts long-term tenants. A well-maintained building in a high-demand, redeveloping neighborhood—don't miss this one!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,867
Year Built
- Built in 1900
Lot Details
- 1,742 Sq Ft Lot
- Level Lot
Home Design
- New Englander Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Shingle Siding
Interior Spaces
- 1,795 Sq Ft Home
- 3-Story Property
- Washer and Dryer Hookup
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
- Bathtub
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Nearby Water Access
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 23 / B
- Assessor Parcel Number PTLD-000068-B000023-000001
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $14,483
- Gross Income $54,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,867 | $390,900 | $122,500 | $268,400 |
| 2023 | $5,633 | $390,900 | $122,500 | $268,400 |
| 2022 | $5,320 | $390,900 | $122,500 | $268,400 |
| 2021 | $5,078 | $390,900 | $122,500 | $268,400 |
| 2020 | $4,499 | $193,000 | $58,200 | $134,800 |
| 2019 | $4,499 | $193,000 | $58,200 | $134,800 |
| 2018 | $4,339 | $193,000 | $58,200 | $134,800 |
| 2017 | $4,178 | $193,000 | $58,200 | $134,800 |
| 2016 | $4,074 | $193,000 | $58,200 | $134,800 |
| 2015 | $3,982 | $193,000 | $58,200 | $134,800 |
| 2014 | $3,860 | $193,000 | $58,200 | $134,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Pending | -- | -- | -- |
| 08/27/2025 08/27/25 | For Sale | $569,000 | -- | $317 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $175,000 | New Conventional | |
| Previous Owner | $218,400 | Unknown |
Source: Maine Listings
MLS Number: 1635643
APN: PTLD-000068-000000-B023001
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