224 Valley Street, Portland, ME 04102 (MLS # 1668670)

Price $985,000
Status Active
Beds 0
Baths 4 Baths
Home size 2,911 sqft
Lot Size 4,792 sqft
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 versatile unit mix, this is an excellent opportunity for investors looking to expand their portfolio in Portland's thriving rental market.
Property Type(s): Multi Family
Last Updated 6/24/2026 Year Built 1900
County Cumberland

Additional Details

AIR None
APPLIANCES Water Heater
BASEMENT Exterior Entry, Partial, Walk-Out Access, Yes
CONSTRUCTION Frame, Wood Siding
HEAT Baseboard, Hot Water
INTERIOR Storage
LOT 4792 sq ft
LOT DESCRIPTION Near Public Transit, Rolling Slope
LOT DIMENSIONS 0.11
MLS STATUS Active
PARKING Common, Paved, On Site, Off Street
SEWER Public Sewer
STORIES 4
STYLE Victorian
TAXES 9902
UTILITIES Natural Gas Available
WATER Public
Listing provided by Keller Williams Realty, 207-553-2400

Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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