This 2 unit, located in desirable, walkable, bikeable Deering Center, is just about as good as it gets. From turn-key quality and comprehensive updates to units that are condo quality this is the perfect place to call home or the ideal addition to your investment portfolio. All systems are up to date, the roof - new, the siding - no maintenance and there's lots of parking and even a garage. The remarkable ground level 2 bedroom unit offers single level living and benefits from a full re-imagination. You will LOVE IT! The updated upper unit offers lots of light, 2+ bedrooms and easy expansion on the 3rd floor. This is a not to be missed multi.
Multi-familyProperty Type
1900Year Built
6,098 sq ftLot Size
$349Est. Price/Sq.Ft.
1 car garageParking
Listed by Thomas {Tom} Landry• Benchmark Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
—
Sq. Ft.
2,156
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Cumberland County
APN
120216
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 3, 2025.
R5
Residential
To provide appropriate areas of the city for medium-density residential development characterized by singlefamily, two-family and low-intensity multifamily dwellings on individual lots; to ensure the stability of established medium-density neighborhoods by controlling residential conversions; and to provide for planned residential unit development on substantially-sized parcels.
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 1
Parking Features: 1 - 4 Spaces, Paved, Common, On Site, Detached, Off Street
Laundry Features: 1st Floor Laundry, Upper Level, Main Level
Multi-Unit Information
# of Units Total: 2
# of 2 Bedroom Units: 2
Operating Expense: $15,137.11
Gross Income: $46,320
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,860
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $2,000
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone, Brick/Mortar
Roof: Composition
Total Stories: 2
Total Building Area (Sq. Ft.): 2,156
Exterior Features
Fencing: Fenced
Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 2,156
Lot Information
Lot Size (Sq. Ft.): $6,098.40
Lot Size (Acres): 0.14
Lot Size Source: Public Records
Lot Features: Well Landscaped, Open, Level, Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
Road Surface Type: Paved
Zoning: R5
Financial
Tax Information
Annual Tax Amount: $6,040
Tax Year: 2022
Utilities
Utility Information
Has Heating
Heating: Zoned, Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas, Off Heating System
Location
Location Information
Unparsed Address: 18 New Street, Portland, ME 04103
Directions: Stevens Ave between Deering Center and University of New England
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,156
Stories: 2.0
Lot Size: 6,534 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Cumberland County
APN: 120216
Home facts updated by county records on Sep 3, 2025
Around this home
Schools
Longfellow School-Portland
Public PreK-5 • Assigned • 0.3mi
10/10
Lincoln Middle School
Public 6-8 • Assigned • 0.1mi
6/10
Deering High School
Public 9-12 • Assigned • 0.4mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 88° expected this year, 17 days in 30 years
6/10 Wind Factor
56% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04103
Average low and high temperatures (°F)
30
16
33
15
44
28
53
37
64
48
76
57
80
64
78
58
72
54
62
43
49
33
35
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.4 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
8.4 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$715,000 – $865,000
Reach more buyers when you sell with Redfin. Save up to $7,522 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.