This versatile 2-unit property in East Deering is surprisingly good. Its funky appearance hides a highly functional home and investment: two good apartments, ample parking, and a bonus 3rd space that could be commercial or an extension of an owner-occupied space for short-term rental. Both units feature updated kitchens and bathrooms, and a new heating system was installed in 2024. With no base rents, investors and owner-occupants alike have flexibility to optimize income. Finally, the location is central to everything - a couple minutes to downtown Portland, Back Cove, the future Roux Institute, and Falmouth's Rt 1 shopping. Open Showings will be held on Friday 1/16 & Tuesday 1/20 from 11 am -Noon.
Closed
$540,000
170 Veranda Street, Portland, ME 04103
3beds
1,876sqft
Multi Family
Built in 1912
-- sqft lot
$540,100 Zestimate®
$288/sqft
$2,875 Estimated rent
Home value
$540,100
$513,000 - $567,000
$2,875/mo
Zestimate® history
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Owner options
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$2,875/mo
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$3,353/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: March 09, 2026 at 06:53am
Listed by:
Vitalius Real Estate Group, LLC
Bought with:
Vitalius Real Estate Group, LLC
Source: Maine Listings,MLS#: 1649255
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Tile, Vinyl
- Basement: Doghouse,Exterior Entry
Interior area
- Total structure area: 1,876
- Total interior livable area: 1,876 sqft
- Finished area above ground: 1,876
- Finished area below ground: 0
Property
Lot
- Size: 5,227 sqft
Details
- Parcel number: PTLDM432BC004001
- Zoning: B1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- Year built: 1912
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 |
|---|---|---|
| 3/6/2026 | Sold | $540,000-1.8%$288/sqft |
Source:  Maine Listings #1649255 Report a problem | ||
| 1/28/2026 | Pending sale | $550,000$293/sqft |
Source: Maine Listings #1649255 Report a problem | ||
| 1/13/2026 | Listed for sale | $550,000+103.7%$293/sqft |
Source: Maine Listings #1649255 Report a problem | ||
| 8/30/2017 | Sold | $270,000-9.7%$144/sqft |
Source: Maine Listings #1308998 Report a problem | ||
| 7/5/2017 | Price change | $299,000-8%$159/sqft |
Source: The Flaherty Group #1308998 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,791 | $401,900 |
| 2023 | $5,791 +5.9% | $401,900 |
| 2022 | $5,470 +19.5% | $401,900 +104.6% |
Find assessor info on the county website
Neighborhood: East Deering
Nearby schools
GreatSchools rating
- 5/10Presumpscot SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 2.3 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 1.8 mi
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$540,100
2% more
+$10,802
With Zillow Showcase(estimated)
$550,902
- Maine
- Cumberland County
- Portland
- 04103
- East Deering
- 170 Veranda Street