OFF MARKET

Off Market Oct 2023 for $775K

$740,819

•

1,924

sq ft

218 Walton St, Portland, ME 04103

About this home

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!!

Multi-familyProperty Type

1890Year Built

8,712 sq ftLot Size

$385Est. Price/Sq.Ft.

5 spacesParking

Listed by Sierra Curtis • Bean Group

Bought with Francesca Magno-Green • Keller Williams Realty

Redfin checked: 2 minutes ago

•Source:MREIS #1571387

Redfin Estimate

$740,819

$34K since sold in October 2023$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.9% lower than the average sale price ($860K) of 6 comparable homes.

SOLD SEP 26, 2025
$585,000
A
3 beds1.5 baths1,385 sq ft
198 Walton St, Portland, ME 04103
SOLD SEP 9, 2026
$839,000
B
5 beds3 baths2,705 sq ft
20 Sawyer St, Portland, ME 04103
SOLD JUN 26, 2026
$1,335,000
C
5 beds3 baths3,579 sq ft
76 Beacon St, Portland, ME 04103
SOLD JUN 18, 2026
$1,210,000
D
4 beds2 baths2,488 sq ft
3 Leeman St, Portland, ME 04103
SOLD SEP 11, 2026
$619,500
E
3 beds1.5 baths1,441 sq ft
86 Gleckler Rd, Portland, ME 04103
SOLD MAY 1, 2026
$573,000
F
5 beds4 baths3,250 sq ft
25 Pleasant Ave, Portland, ME 04103

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Earn from this home

Sell

$110,211

Est. take-home

List your home with Redfin and save $7,408

Market trends in 04103, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.7%

+0.3% MoM

Median sale price

$555K

$7K MoM

Avg. days on market

14d

2 days MoM

Recently sold homes

5 MoM

New listings for sale

$482,000
4 beds2 baths1,827 sq ft
257 Allen Ave, Portland, ME 04103
$1,050,000
9 beds3 baths4,107 sq ft
583 Washington Ave #3, Portland, ME 04103
$725,000
4 beds2.5 baths1,451 sq ft
30 Alba St, Portland, ME 04103
$650,000
3 beds2 baths1,408 sq ft
12 Belknap St, Portland, ME 04103
$865,000
4 beds2 baths2,168 sq ft
157 Beacon St, Portland, ME 04103
$1,750,000
3 beds3.5 baths3,040 sq ft
436 Baxter Blvd, Portland, ME 04103
$449,000
4 beds1 bath1,360 sq ft
12 Eighth St, Portland, ME 04103
$699,000
4 beds2 baths2,136 sq ft
1148-1150 Forest Ave, Portland, ME 04103
$625,000
3 beds2 baths1,934 sq ft
25 Broadway, Portland, ME 04103
$975,000
7 beds3 baths3,788 sq ft
70 Pleasant Ave, Portland, ME 04103
See all

Provided by Redfin

Sale history for 218 Walton St

Date

Event

Price

MREIS #1571387

Oct 27, 2023

Sold

$775,000

$403/sq ft

Sep 7, 2023

Listed

$789,000

$410/sq ft

MREIS #1511623

Jan 19, 2022

Sold

$475,000

$247/sq ft

Oct 9, 2021

Listed

$546,000

$284/sq ft

+19

218 Walton Street is located on the corner of Walton and Pershing Streets, a stones throw from Baxter Woods and walking distance to both Stevens Avenue and Forest Avenue. The property is well maintained and boasts an oversized backyard. This three unit apartment building has a first floor two bedroom unit, a first floor studio and a second floor one bedroom with large bonus room. The second floor unit has a deck over looking the private backyard. Ample off street parking, efficient natural gas heating round of this great opportunity to owner occupy an income producing property.

Year

Property tax

Land + Additions

Assessment*

2024

$6,643 (+18.4%)

$64,000 + $378,600

$442,600

2023

$5,610 (+5.9%)

$64,000 + $325,300

$389,300

2022

$5,298 (+4.8%)

$64,000 + $325,300

$389,300

2021

$5,057 (−17.5%)

$64,000 + $325,300

$389,300

2020

$6,133

$64,000 + $199,100

$263,100

2019

$6,133 (+3.7%)

$64,000 + $199,100

$263,100

2018

$5,914 (+3.8%)

$64,000 + $199,100

$263,100

2017

$5,696 (+8.7%)

$64,000 + $199,100

$263,100

2016

$5,242 (+2.3%)

$64,000 + $184,300

$248,300

2015

$5,122 (+3.1%)

$64,000 + $184,300

$248,300

2014

$4,966

$64,000 + $184,300

$248,300

Tax history for 218 Walton St

Year

Property tax

Land + Additions

Assessment*

2024

$6,643 (+18.4%)

$64,000 + $378,600

$442,600

2023

$5,610 (+5.9%)

$64,000 + $325,300

$389,300

2022

$5,298 (+4.8%)

$64,000 + $325,300

$389,300

2021

$5,057 (−17.5%)

$64,000 + $325,300

$389,300

2020

$6,133

$64,000 + $199,100

$263,100

2019

$6,133 (+3.7%)

$64,000 + $199,100

$263,100

2018

$5,914 (+3.8%)

$64,000 + $199,100

$263,100

2017

$5,696 (+8.7%)

$64,000 + $199,100

$263,100

2016

$5,242 (+2.3%)

$64,000 + $184,300

$248,300

2015

$5,122 (+3.1%)

$64,000 + $184,300

$248,300

2014

$4,966

$64,000 + $184,300

$248,300

*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
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,712 Sq. Ft.

Year renovated

—

Sq. Ft.

1,844

Year built

1890

Style

Multi-Family (2-4 Unit)

County

Cumberland County

APN

120913

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

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
Parking Features: 5 - 10 Spaces, Gravel, Off Street

Interior

Bathroom Information
# of Baths (Full): 3

Basement Information
Basement Entry: Full, Sump Pump, Doghouse, Exterior Only, Unfinished

Interior Features
Interior Features: 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Pantry, Shower, Storage
Flooring: Wood, Vinyl, Tile
Other Equipment: Internet Access Available

Multi-Unit Information
# of Units Total: 3
# of 1 Bedroom Units: 2
# of 2 Bedroom Units: 1
Operating Expense: $9,672
Gross Income: $75,600

Unit 1 Information
# of Bedrooms: 2
Actual Rent: $2,200
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 1
Actual Rent: $2,500
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,600
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone
Roof: Shingle
Total Building Area (Sq. Ft.): 1,924

Exterior Features
Patio & Porch Features: Deck, Porch

Property Information
Year Built: 1890
Above-Grade Finished Area (Sq. Ft.): 1,924
Green Energy Efficient: Water Heater

Lot Information
Lot Size (Sq. Ft.): $8,712
Lot Size (Acres): 0.2
Lot Size Source: Public Records
Lot Features: Corner Lot, Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
Road Surface Type: Paved
Zoning: R6

Financial

Tax Information
Annual Tax Amount: $5,298
Tax Year: 2022

Utilities

Utility Information
Has Heating
Heating: Direct Vent Heater, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas, On Demand, Tankless

Location

HOA Information
Pets Allowed: No Restrictions

Location Information
Unparsed Address: 218 Walton Street, Portland, ME 04103
Directions: Corner of Pershing St and Walton St

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 1,844
Stories: 2.0
Lot Size: 8,712 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1890
Year Renovated: —
County: Cumberland County
APN: 120913

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Longfellow School-Portland

Public PreK-5 • Assigned • 0.5mi

10/10

Lincoln Middle School

Public 6-8 • Assigned • 0.4mi

6/10

Deering High School

Public 9-12 • Assigned • 0.6mi

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

58% 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)

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

$704,000 – $852,000

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New listings for sale in 04103

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Home values near 218 Walton St

Data from public records.

Address	Redfin Estimate
203 Walton Street, Portland, ME 4 Beds \| 1 Baths \| 1585 Sq. Ft.	$482,082
198 Walton Street, Portland, ME 3 Beds \| 1.5 Baths \| 1385 Sq. Ft.	$605,117

Address	Redfin Estimate
210 Walton Street, Portland, ME 4 Beds \| 1 Baths \| 1547 Sq. Ft.	$457,951
223 Walton Street, Portland, ME 4 Beds \| 1 Baths \| 1456 Sq. Ft.	$518,852

Address	Redfin Estimate
219 Walton Street, Portland, ME 4 Beds \| 1 Baths \| 1313 Sq. Ft.	$478,504
229 Walton Street, Portland, ME 4 Beds \| 1 Baths \| 1295 Sq. Ft.	$481,821

Property information provided by MREIS when last listed in 2023. This data may not match . Learn more.

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