Date
Details
Price
Change
Source
6/24/2026
Listed
$985,000
—
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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$985,000 Just Listed
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Property Description
Owner-occupied or exceptional investment opportunity in Portland! This well-maintained four-unit property features an attractive unit mix of two 1-bedroom, 1-bath apartments and two spacious 3-bedroom, 1-bath apartments. Each bright, sun-filled unit offers private deck or balcony access, providing desirable outdoor space for tenants. As an owner-occupied, you would have the potential of being exempt from Portland's rent control restrictions. Recent capital improvements include a new roof in 2025 and a new natural gas boiler in 2024, offering peace of mind for years to come. Additional amenities include coin-operated laundry, natural gas heat, and a large in-town lot with ample off-street parking. Conveniently located near the Western Promenade, downtown Portland, local restaurants, parks, shopping, and public transportation, this property offers strong rental appeal and easy access to many of the area's amenities. With a solid rental history, valuable recent updates, and a versatile unit mix, this is an excellent opportunity for investors looking to expand their portfolio in Portland's thriving rental market.
Full Property Details
Full Property Details for 224 Valley St
General
- Price: $985,000
- Taxes: $9,902 (2024)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1668670
- Updated: 6/24/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Bathtub, Shower, Storage
- Flooring: Carpet, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Equipment: Internet Access Available
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Common, Paved, 5 - 10 Spaces, On-Site Parking, Off Street
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas Natural, Baseboard, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Victorian
- Construction: Wood Frame, Wood Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Walk-Out Access, Partial
- Roof: Shingle
- Stories/Levels: 3
- Square Feet: 2,911
- Finished Total: 2,911 Sq. Ft.
- Finished Above Grnd: 2,911 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Zoning: R6
- Lot Description: Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Rolling Slope, Sidewalks, Near Public Transit
Financial Considerations
- Operating Expenses: $49,622.14
- Tax Amount: $9,902
- Tax Year: 2024
Disclosures and Reports
- Block: 19
- Lot Number: D
Listed by Keller Williams Realty (207) 879-9800
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 224 Valley St —
Keller Williams Realty
207-879-9800
207-553-2400
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 224 Valley St
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 0.6 mi |
East End Community School 195 North Street, Portland, ME 04101 | PK-5 | 1.8 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 1.6 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 3.2 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 224 Valley St
Tax History
Tax History for 224 Valley St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,064
-8%
$756,600
15%
2024
$9,902
4%
$659,700
—
2023
$9,506
6%
$659,700
—
2022
$8,979
5%
$659,700
—
2021
$8,570
31%
$659,700
136%
2020
$6,529
—
$280,100
—
2019
$6,529
4%
$280,100
—
2018
$6,297
4%
$280,100
—
2017
$6,064
3%
$280,100
—
2016
$5,913
2%
$280,100
—
2015
$5,778
3%
$280,100
—
2014
$5,602
3%
$280,100
—
2013
$5,437
—
$280,100
—
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 224 Valley St
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- Commercial
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Sold by Non MREIS Agency
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Sold by Cottage & Co Real Estate and Distinctive Properties
224 Valley Street, Portland, ME 04102 (MLS# 1668670) is a Multi-Family property with 4 units containing 0 bedrooms and 4 full bathrooms. 224 Valley Street is currently listed for $985,000 and was received on June 24, 2026. Want to learn more about 224 Valley Street? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.