Seller offering a RATE BUY DOWN! This lovely duplex in Portland's East Deering neighborhood is a great fit for investors, live in one unit and rent the other, or have a family compound. Each unit has 2 bedrooms and 1 full bathroom, plus washer and dryer hookups in the bathroom. If your an owner occupant the Portland rent control rules are more lenient than if it was a non owner occupied. Built in 1984, the home features a new roof in 2015 and monitor heaters added in 2022. Each unit has its own electric meter, water heater, and separate K1 tank for heating fuel, keeping expenses lower for the owner. The layout in both units is simple and comfy, making it easy for tenants or owners to feel right at home. Located near Back Cove and Payson Park, outdoor fun is close by, and you're just minutes from great food spots, coffee shops, and downtown Portland. Whether you're getting started, downsizing, or adding to your rental portfolio, this home is a smart and easy choice.
Closed
$655,000
121 Providence Street, Portland, ME 04103
4beds
1,764sqft
Multi Family
Built in 1984
-- sqft lot
$660,300 Zestimate®
$371/sqft
$3,511 Estimated rent
Home value
$660,300
$607,000 - $720,000
$3,511/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 13, 2025 at 05:49am
Listed by:
EXP Realty
Bought with:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1622065
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Direct Vent Heater
Cooling
- None
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 1,764
- Total interior livable area: 1,764 sqft
- Finished area above ground: 1,764
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 5 - 10 Spaces
Lot
- Size: 7,840 sqft
- Features: Near Shopping, Near Turnpike/Interstate, Near Town, Level
Details
- Parcel number: PTLDM425BG033001
- Zoning: RN-3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1984
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Portland
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Sold | $655,000-0.8%$371/sqft |
Source:  Maine Listings #1622065 | ||
| 8/8/2025 | Pending sale | $660,000$374/sqft |
Source: Maine Listings #1622065 | ||
| 6/12/2025 | Price change | $660,000-2.2%$374/sqft |
Source: Maine Listings #1622065 | ||
| 5/14/2025 | Listed for sale | $675,000$383/sqft |
Source: Maine Listings #1622065 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,065 | $351,500 |
| 2023 | $5,065 +5.9% | $351,500 |
| 2022 | $4,784 -3.4% | $351,500 +65.4% |
Find assessor info on the county website
Neighborhood: East Deering
Nearby schools
GreatSchools rating
- 5/10Presumpscot SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Casco Bay High SchoolGrades: 9-12Distance: 1.8 mi
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$660,300
2% more+ $13,206
With Zillow Showcase(estimated)
$673,506