Closed
$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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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#: 1571387
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
| Date | Event | Price |
|---|---|---|
| 10/27/2023 | Sold | $775,000-1.8%$403/sqft |
Source: | ||
| 10/7/2023 | Pending sale | $789,000$410/sqft |
Source: | ||
| 9/28/2023 | Contingent | $789,000$410/sqft |
Source: | ||
| 9/8/2023 | Listed for sale | $789,000+66.1%$410/sqft |
Source: | ||
| 1/19/2022 | Sold | $475,000-13%$247/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 10/10Longfellow School-PortlandGrades: K-5Distance: 0.5 mi
- 6/10Lincoln Middle SchoolGrades: 6-8Distance: 0.4 mi
- 2/10Deering High SchoolGrades: 9-12Distance: 0.7 mi

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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

