$970,000

34 Deering Ave Portland, ME 04101

Valley Street Neighborhood

Estimated payment $5,929/month

Total Views 4,680
-- Bed
4 Baths
2,607 Sq Ft
$372 Price per Sq Ft

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Baseboard Heating
  • New Englander Architecture
  • No HOA
  • 3-minute walk to Deering Oaks Park

About This Home

Welcome to the heart of Portland, Maine! This 4-unit building located on the Portland peninsula is the perfect investment opportunity for those seeking to break into the thriving real estate market of this coastal city. Situated in a prime location, this property offers residents easy access to all that Portland has to offer. With a walkability score of 93 out of 100, you'll find that Maine Medical Center, the West End, and much of downtown are just steps away. The building itself features two one-bedroom and two two-bedroom apartments, each with individually metered natural gas heating systems and separate electrical services to each unit. With off-street parking available, tenants will appreciate the convenience and security of having a dedicated spot to park their vehicle. Whether you're looking to rent as is or bring your imagination to enhance the building, this property offers endless possibilities for growth and return on investment. Don't miss your chance to invest in this incredible opportunity on the Portland peninsula.

Listing Agent

Dominik Porobic

Keller Williams Realty Listed on: 07/17/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,207

Year Built

  • Built in 1894

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • 2,607 Sq Ft Home
  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot C-27
  • Assessor Parcel Number PTLD-000053-C000027-000001

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $21,007
  • Gross Income $83,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,207

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • MLS Status: Active
  • Directions: GPS
  • Above Grade Finished Sq Ft: 2607.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1894
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2607.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 83280.0
  • Income Expenses Operating Expenses: 21007.0
  • Heat System:Space Heater: Yes
  • Style:New Englander: Yes
  • Parking:On Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full
  • Full Bathrooms: 4
  • Flooring: Wood, Other, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Common, Off Street, On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: PTLD-000053-C000027-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 83280.0
  • Annual Operating Expense: 21007.0

Tax Info

  • Tax Annual Amount: 8207.47
  • Tax Book Number: 38759
  • Tax Lot: C-27
  • Tax Map Number: 53
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $970,000 +41.2% $372 / Sq Ft
10/08/2021 10/08/21 Sold $687,000 0.0% $264 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $687,000 -- $264 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1630918

Maine Listings

APN: PTLD 053-C027001

Maine Cumberland County Portland 04101 Valley Street

34 Deering Ave, Portland, ME

This home is located at 34 Deering Ave, Portland, ME 04101 and is currently priced at $970,000, approximately $372 per square foot. This property was built in 1894. 34 Deering Ave is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing Agent
Dominik Porobic
Section Image
Keller Williams Realty
(207) 548-5343