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$599,000

  • For Sale
  • Active Under Contract
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,378 Sq. Ft.
  • 0.34 Acres
  • Updated 8 days ago
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New Price! Opportunity knocks in Portland's desirable Back Cove neighborhood! This classic 3-bed, 1.5-bath colonial offers 1,378 sq ft of immediate livability on an expansive 1/3-acre double lot. Filled with natural light, this home offers hardwood flooring, original built-ins, a fireplace and a sunroom perfect for home office or enjoying coffee while looking out at the large private back yard. Outside, opportunities abound for garden beds, a firepit, a place for a dog or kids to play, or future expansion. Just moments from Baxter Boulevard, Payson Park, and Portland's vibrant downtown. This home has been pre-inspected for the buyer's convenience. A great value!

Full Property Details for 87 Read St

General

  • Price: $599,000
  • Taxes: $6,754 (2025)
  • Status: Active Under Contract
  • Type: Single Family
  • Source: MREIS
  • MLS ID: 1670611
  • Updated: 8/13/2026
  • Added to Site: 41 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Attic, Bathtub
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Wall Oven, Washer
  • Furnishings: Unfurnished
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Washer Hookup

Additional Information

  • Equipment: Air Radon Mitigation System, Cable

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Parking Features: Common, Paved, 5 - 10 Spaces, On-Site Parking

Location

  • County: Cumberland

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil, Steam, Radiator

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Construction: Wood Frame, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Interior Entry, Full, Unfinished
  • Roof: Shingle
  • Windows: Double Pane Windows
  • Square Feet: 1,378
  • Sq. Ft. Source: Public Records
  • Finished Total: 1,378 Sq. Ft.
  • Finished Above Grnd: 1,378 Sq. Ft.
  • Year Built: 1930

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,810.4
  • Zoning: RN-1
  • Lot Description: Near Town, Neighborhood, Level, Open Lot, Sidewalks

Financial Considerations

  • Tax Amount: $6,754
  • Tax Year: 2025

Disclosures and Reports

  • Block: J
  • Lot Number: 6-7

Listed by Town & Shore Real Estate (207) 773-0262

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Listing agent

— 87 Read St —

  • Town & Shore Real Estate

    207-773-0262

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 87 Read St

School District:Portland
NameGradesDistance
Ocean Avenue
150 Ocean Avenue, Portland, ME 04103
K-50.3 mi
Howard C Reiche Community School
166 Brackett Street, Portland, ME 04102
K-52.3 mi
Lyman Moore Middle School
171 Auburn Street, Portland, ME 04103
6-81.7 mi
Deering High School
370 Stevens Avenue, Portland, ME 04103
9-121 mi
Casco Bay High School
196 Allen Avenue, Portland, ME 04103
9-121.2 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 87 Read St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/23/2026
Price Reduced
$599,000
-7.85%
MLS
7/12/2026
Listed
$650,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 87 Read St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,830
7%
$737,100
34%
2024
$8,259
4%
$550,200
—
2023
$7,928
6%
$550,200
—
2022
$7,488
5%
$550,200
—
2021
$7,147
-25%
$550,200
34%
2020
$9,541
—
$409,300
—
2019
$9,541
4%
$409,300
—
2018
$9,201
4%
$409,300
—
2017
$8,861
3%
$409,300
—
2016
$8,640
2%
$409,300
—
2015
$8,444
3%
$409,300
—
2014
$8,186
3%
$409,300
—
2013
$7,945
—
$409,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Town & Shore Real Estate (207) 773-0262

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87 Read Street, Portland, ME 04103 (MLS# 1670611) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 87 Read Street is currently listed for $599,000 and was received on July 12, 2026. Want to learn more about 87 Read Street? Do you have questions about finding other Single Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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