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  • $775,000

    218 Walton Street, Portland, ME 04103

    4beds
    1,924sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $837,000 Zestimate®
    $403/sqft
    $3,074 Estimated rent

    Home value

    $837,000

    $787,000 - $896,000

    $3,074/mo

    Zestimate® history
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    Owner options

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    $3,074/mo

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    Rent Zestimate®

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    $3,922/mo

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    $3,922/mo

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    What's special

    Great investment opportunity! Owner-occupied 3 unit. 2 units leased to great tenants who always pay on time! Rent out all units on day one- or live in one unit and get help paying the mortgage. All units updated and easy to rent. Special attention paid to owner's unit with premium upgrades including; refinished pine floors, hardwood cabinets, quartz countertops, sink with a Moen faucet and brand new black stainless steel appliances! Step out the back door from the owner's unit kitchen onto a large, private deck overlooking the even bigger backyard. Owner's unit is a 1 bedroom with bonus room. Major system updates include new vinyl siding and energy efficient on-demand Rinnai water heater. Almost the entire building painted in 2023. New and refinished flooring throughout. This cozy 3-family home sits in the middle of an oversized corner lot with tons of off-street parking. Right around the corner from Baxter Woods, countless restaurants, bars, and shops you will find yourself in one of Portland's hidden gem neighborhoods. To top it off, with all three units rented, this building will provide you with monthly cash flow! Don't miss out on this great opportunity. Schedule your showing today!!

    Zillow last checked: 8 hours ago

    Listing updated: January 15, 2025 at 07:09pm

    Listed by:

    Bean Group

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1571387MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Direct Vent Heater
    Cooling
    • None
    Features
    • 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Pantry, Shower, Storage
    • Flooring: Tile, Vinyl, Wood
    • Basement: Doghouse,Exterior Entry,Full,Sump Pump,Unfinished
    Interior area
    • Total structure area: 1,924
    • Total interior livable area: 1,924 sqft
    • Finished area above ground: 1,924
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces, Off Street
    Features
    • Stories: 2
    • Patio & porch: Deck, Porch
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 8,712 sqft
    • Features: Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Corner Lot, Level, Sidewalks
    Details
    • Parcel number: PTLDM143BF005001
    • Zoning: R6
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1890

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On
    Green energy
    • Energy efficient items: Water Heater

    Community & neighborhood

    Location
    • Region: Portland

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/27/2023Sold$775,000-1.8%$403/sqft
    Source: Maine Listings #1571387
    10/7/2023Pending sale$789,000$410/sqft
    Source: Maine Listings #1571387
    9/28/2023Contingent$789,000$410/sqft
    Source: Maine Listings #1571387
    9/8/2023Listed for sale$789,000+66.1%$410/sqft
    Source: Maine Listings #1571387
    1/19/2022Sold$475,000-13%$247/sqft
    Source: Maine Listings #1511623

    Public tax history

    YearProperty taxesTax assessment
    2024$5,610 $389,300
    2023$5,610 +5.9%$389,300
    2022$5,298 -13.6%$389,300 +48%

    Find assessor info on the county website

    Neighborhood: Deering Center

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $837,000
    2% more+ $16,740
    With Zillow Showcase(estimated)
    $853,740