Date
Details
Price
Change
Source
8/20/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,500,000 Just Listed
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Property Description
103 Read Street presents a substantial 1.41 acre offering in Portland, combining an existing three unit property with three additional vacant lots and compelling long term potential. The existing multi-family includes three residential units, while the additional acreage creates an opportunity to explore a range of future uses or development possibilities. A conceptual development plan explores the potential of an 8-16 unit Cottage Court community, subject to municipal review and approvals. The location offers convenient access to Back Cove, Baxter Boulevard, Payson Park, USM, downtown Portland, public transportation, and major commuter routes. With significant acreage in an established Portland neighborhood, 103 Read Street offers an intriguing opportunity for an investor, developer, or buyer looking to take a longer term approach to the property. Property is being sold as-is.
Full Property Details
Full Property Details for 103 Read St
General
- Price: $1,500,000
- Taxes: $12,561 (2025)
- Status: Active
- Type: Lots/Land
- Source: MREIS
- MLS ID: 1677063
- Updated: Today (8/20/2026)
- Added to Site: Today
Parking
- Parking Features: Paved, 5 - 10 Spaces, On-Site Parking, On Street
Location
- County: Cumberland
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 1.41
- Lot Size (Sq. Ft.): 61,419.6
- Development Status: Other, Proposed, Raw Land
- Zoning: RN1
- Lot Description: Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Level, Sidewalks, Wooded, Near Public Transit
Financial Considerations
- Tax Amount: $12,561
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 14, 3, 28
Listed by RE/MAX By The Bay (207) 773-2345
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 103 Read St —
RE/MAX By The Bay
207-773-2345
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 103 Read St
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Ocean Avenue 150 Ocean Avenue, Portland, ME 04103 | K-5 | 0.3 mi |
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 2.3 mi |
Lyman Moore Middle School 171 Auburn Street, Portland, ME 04103 | 6-8 | 1.7 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 1 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 103 Read St
Tax History
Tax History for 103 Read St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,297
19%
$859,500
49%
2024
$8,649
4%
$576,200
—
2023
$8,303
6%
$576,200
—
2022
$7,842
5%
$576,200
—
2021
$7,485
27%
$576,200
128%
2020
$5,879
—
$252,200
—
2019
$5,879
4%
$252,200
—
2018
$5,669
4%
$252,200
—
2017
$5,460
3%
$252,200
—
2016
$5,324
2%
$252,200
—
2015
$5,203
3%
$252,200
—
2014
$5,044
3%
$252,200
—
2013
$4,895
—
$252,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 103 Read St
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103 Read Street, Portland, ME 04103 (MLS# 1677063) is a Lots/Land property with a lot size of 1.41 acres. 103 Read Street is currently listed for $1,500,000 and was received on August 20, 2026. Want to learn more about 103 Read Street? Do you have questions about finding other Lots/Land real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.