$555,000
SOLD AUG 12, 2025
-- Bed
2 Baths
1,940 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • New Englander Architecture
  • Porch
  • Radiator
  • No HOA
  • Tile Flooring

About This Home

As of August 2025

Two-Unit Multi-Family in the Heart of South Portland - Expansion Potential!

Opportunity knocks with this centrally located two-unit property in the middle of South Portland! Each spacious unit offers 3 bedrooms and 1 full bath, perfect for owner-occupants or investors seeking strong rental income in a high-demand area.

The property features a roof that's less than 5 years old and the exterior was freshly painted within the last 5 years, offering peace of mind and great curb appeal. Situated on a generously sized lot currently under review by the town for potential division, this property holds exciting development possibilities.

Plus, the large attic presents additional upside—with the addition of a heating source and proper town permitting, it could be finished to create a 1-2 bedroom third unit or bonus living space.

Enjoy an unbeatable location just minutes from grocery stores, schools, local restaurants, and the beloved Greenbelt walking path. Whether you're looking to invest, expand, or live on site while building equity, this property offers the flexibility and future potential you've been waiting for.

Buyer to perform due diligence regarding town approvals and permitting for lot division and third-unit potential.

Last Agent to Sell the Property

Julia Leighton

Landing Real Estate Listed on: 06/17/2025

Last Buyer's Agent

Scott Reiff Denise Reiff

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,052

Year Built

  • Built in 1910

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 1,940 Sq Ft Home
  • 3-Story Property

Flooring

  • Laminate
  • Tile
  • Vinyl

Basement

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

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Oil Water Heater

Additional Features

  • Porch
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 131 / 68
  • Assessor Parcel Number SPOR-000025-000000-000068

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $12,640
  • Gross Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,052

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • MLS Status: Closed
  • Directions: Coming down Broadway and turn onto North Kelsey or Elm Street, Chapel is the 2nd crossroad. Marked with listing sign
  • Above Grade Finished Sq Ft: 1940.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1940.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 8400.0
  • Income Expenses Operating Expenses: 12640.0
  • Water Heater:Oil2: Yes
  • Heat System:Radiator: Yes
  • Style:New Englander: Yes
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior, Full
  • Full Bathrooms: 2
  • Flooring: Vinyl, Tile, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Neighborhood
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: SPOR-000025-000000-000068
  • Zoning: G

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 8400.0
  • Annual Operating Expense: 12640.0

Tax Info

  • Tax Annual Amount: 6052.0
  • Tax Block: 68
  • Tax Book Number: 35060
  • Tax Lot: 131
  • Tax Map Number: 25
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2025
Closed on
Aug 12, 2025
Sold by
Green James M and Green Cynthia A
Bought by
Kudibanza Bengo and Kiangudi Gizela
Seller's Agent
Julia Leighton
Landing Real Estate
Buyer's Agent
Scott Reiff Denise Reiff
Coldwell Banker Realty
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.29%
Original Mortgage
$527,250
Outstanding Balance
$527,250
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$36,188

Purchase Details

Closed on
Aug 10, 2018
Sold by
Green Charles and Grosvenor Kathleen
Bought by
Green James M and Green Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $555,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $527,250 New Conventional
Previous Owner $168,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $147,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Sold $555,000 -3.5% $286 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
06/17/2025 06/17/25 For Sale $575,000 -- $296 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

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 $6,052 $458,500 $158,600 $299,900
2023 $5,160 $364,900 $104,600 $260,300
2022 $4,950 $318,100 $83,600 $234,500
2021 $4,676 $318,100 $83,600 $234,500
2020 $1,213 $217,000 $72,500 $144,500
2019 $1,658 $217,000 $72,500 $144,500
2018 $4,015 $217,000 $72,500 $144,500
2017 $1,691 $217,000 $72,500 $144,500
2016 $3,841 $217,000 $72,500 $144,500
2015 $3,776 $217,000 $72,500 $144,500
2014 $3,437 $217,000 $72,500 $144,500
2013 -- $217,000 $72,500 $144,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1627019

Maine Listings

APN: SPOR-000025-000000-000068