This charming two-unit home, that has been lovingly cared for by the same family for generations, is nestled in one of Portland's most desirable neighborhoods, offering a fantastic investment or owner-occupied opportunity. Each unit boasts a well-designed floor plan with two spacious bedrooms and one full bathroom, ideal for comfortable living. The property combines classic New England charm with modern amenities, featuring hardwood floors, ample natural light, and inviting living spaces. Situated on a quiet, tree-lined street, this home is conveniently close to local shops, dining, and parks, while still offering a peaceful residential feel. Perfect for those seeking a vibrant community with easy access to the best that Portland has to offer!
Multi-familyProperty Type
1920Year Built
5,662 sq ftLot Size
$306Est. Price/Sq.Ft.
2 car garageParking
Listed by Alessandra Malone• Waypoint Brokers Collective
Contact: ali@waypointbrokers.com
Bought with Jessie L'Heureux Herod• Keller Williams Realty
*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
6,098 Sq. Ft.
Year renovated
—
Sq. Ft.
2,478
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Cumberland County
APN
118879
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
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: 2
Parking Features: 1 - 4 Spaces, Paved, Common
Vehicle Storage: 2 Car
Interior
Bathroom Information
# of Baths (Full): 2
Basement Information
Basement Entry: Interior, Unfinished
Interior Features
Flooring: Wood, Vinyl, Tile
Multi-Unit Information
# of Units Total: 2
# of 2 Bedroom Units: 2
Operating Expense: $11,216
Gross Income: $64,800
Unit 1 Information
# of Bedrooms: 2
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $2,300
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Shingle
Total Building Area (Sq. Ft.): 2,478
Property Information
Year Built: 1920
Above-Grade Finished Area (Sq. Ft.): 2,478
Lot Information
Lot Size (Sq. Ft.): $5,662.80
Lot Size (Acres): 0.13
Lot Size Source: Public Records
Lot Features: Sidewalks, Near Shopping, Near Town, Neighborhood
Zoning: R5
Financial
Tax Information
Annual Tax Amount: $7,516
Tax Year: 2023
Utilities
Utility Information
Has Heating
Heating: Steam, Radiator
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Off Heating System
Location
Location Information
Unparsed Address: 230 Prospect Street, Portland, ME 04103
Directions: From Stevens Ave turn onto Prospect. House is on the right.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,478
Stories: 2.0
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: —
County: Cumberland County
APN: 118879
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Longfellow School-Portland
Public PreK-5 • Assigned • 0.4mi
10/10
Lincoln Middle School
Public 6-8 • Assigned • 0.6mi
6/10
Deering High School
Public 9-12 • Assigned • 0.3mi
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
61% 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
$721,000 – $872,000
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