OFF MARKET

Off market mar 2022 for $4.8M

$4,991,464

—

•

— ba

•

22,303

sq ft

231-227 Western Promenade, Portland, ME 04102

About this home

Prime real estate on the edge of Portland's Western Promenade that consists of three (3) residential properties uniquely tailored for residential redevelopment. These historic buildings with unique detailed craftsmanship are a rare opportunity in the area! Enjoy the stunning westerly views of Mt. Washington along with direct views of South Portland over the promenade. This property is also associated with additional deed and assessor references: 112 West Street: Book 2529 Page 63 Block E Lot 1. 231 Western Prom: Book 2794 Page 281 and Map 63 Block E Lot 3 and 4 1. Also note the total square footage outlined is the total for both properties.

Multi-familyProperty Type

1898Year Built

1.11 acresLot Size

$224Est. Price/Sq.Ft.

Listed by Jennifer Small • Malone Commercial Brokers, Inc.

Listed by Mark Malone • Malone Commercial Brokers, Inc.

Bought with Alessandra Malone • Waypoint Brokers Collective

Redfin checked: a minute ago

•Source:MREIS #1518364

Redfin Estimate

$4,991,464

$141K since sold in March 2022$165K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 217.6% higher than the average sale price ($1.57M) of 6 comparable homes.

SOLD MAY 28, 2026
$2,725,000
A
5 beds4.5 baths5,416 sq ft
104 West St, Portland, ME 04102
SOLD SEP 30, 2026
$1,745,000
B
5 beds4 baths4,104 sq ft
37 Carroll St, Portland, ME 04102
SOLD OCT 27, 2026
$700,000
C
3 beds2 baths1,986 sq ft
99 Washburn Ave, Portland, ME 04102
SOLD SEP 10, 2026
$1,275,000
D
5 beds3.5 baths3,270 sq ft
62 Bowdoin St, Portland, ME 04102
SOLD JUN 26, 2026
$1,335,000
E
5 beds3 baths3,579 sq ft
76 Beacon St, Portland, ME 04103
SOLD SEP 8, 2026
$1,650,000
F
6 beds2.5 baths3,510 sq ft
38 Neal St, Portland, ME 04102

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Earn from this home

Sell

$1,165,869

Est. take-home

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Market trends in 04102, ME

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.1%

+0.7% MoM

Median sale price

$580K

$27K MoM

Avg. days on market

38d

1 days MoM

Recently sold homes

13 MoM

New listings for sale

$375,000
2 beds1.5 baths844 sq ft
55 Glenridge Dr #55, Portland, ME 04102
$535,000
3 beds2 baths1,805 sq ft
26 Motley St, Portland, ME 04102
3D WALKTHROUGH
$494,000
3 beds1 bath1,604 sq ft
36 Wessex St, Portland, ME 04102
$495,000
1 bed1 bath621 sq ft
120 West St #9, Portland, ME 04102
$2,099,000
4 beds4.5 baths3,089 sq ft
55 Carleton St Unit A, Portland, ME 04102
$725,000
2 beds1.5 baths1,126 sq ft
73 Brackett St #1, Portland, ME 04102
See all

Provided by Redfin

Sale history for 231-227 Western Promenade

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Cumberland County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 19, 2023.

Property details

Parking

Parking Information
Parking Features: Gravel, On Site, On Street

Interior

Interior Features
Flooring: Wood, Vinyl, Carpet

Exterior

Building Information
Construction Materials: Brick, Wood Frame
Roof: Slate
Total Building Area (Sq. Ft.): 22,303

Property Information
Year Built: 1898
Above-Grade Finished Area (Sq. Ft.): 22,303

Lot Information
Lot Size (Sq. Ft.): $48,351.60
Lot Size (Acres): 1.11
Lot Size Source: Public Records
Lot Features: Corner Lot, Sidewalks, Intown
Road Surface Type: Paved
Zoning: R4

Financial

Tax Information
Annual Tax Amount: $1
Tax Year: 2022

Utilities

Utility Information
Has Heating
Heating: Hot Water, Forced Air
Electric: Three Phase, Other Electric
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric

Location

Location Information
Unparsed Address: 231-227 Western Promenade, Portland, ME 04102

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Cumberland County
APN: —

Home facts updated by county records on May 19, 2023

Around this home

Schools

K - 12
Preschool & daycare

Howard C Reiche Community School

Public PreK-5 • Assigned • 0.4mi

3/10

Deering High School

Public 9-12 • Assigned • 1.8mi

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

59% 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 • 04102

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 8.5 hours in June and 4.3 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$4.74M – $5.74M

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Nearby similar homes

$830,000

5 beds3 baths2,535 sq ft

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Private garden oasis • Private rooftop deck • 1,742 sq ft lot

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Corner lot • Off street parking • 0.24 acre lot

New listings for sale in 04102

$375,000

2 beds1.5 baths844 sq ft

55 Glenridge Dr #55, Portland, ME 04102

Modern kitchen • Gas fireplace • Walk-in shower

$535,000

3 beds2 baths1,805 sq ft

26 Motley St, Portland, ME 04102

Finished basement • Fenced-in backyard • Two lots

3D WALKTHROUGH

$494,000

3 beds1 bath1,604 sq ft

36 Wessex St, Portland, ME 04102

Front porch • Spacious yard • Conveniently located

$495,000

1 bed1 bath621 sq ft

120 West St #9, Portland, ME 04102

Off-street parking • Private storage unit • Shared outdoor space

$2,099,000

4 beds4.5 baths3,089 sq ft

55 Carleton St Unit A, Portland, ME 04102

200 square foot deck • Upper level deck • $669 HOA

$725,000

2 beds1.5 baths1,126 sq ft

73 Brackett St #1, Portland, ME 04102

Historic mansion • Sunlit rooms • Gracious foyer

Home values near 231-227 Western Promenade

Data from public records.

Address	Redfin Estimate
104 West St, Portland, ME 5 Beds \| 4.5 Baths \| 5416 Sq. Ft.	$2,738,943
197 Pine St Apartment 14, Portland, ME 2 Beds \| 1 Baths \| 788 Sq. Ft.	$409,315
223 Western Prome Apartment 3, Portland, ME 3 Beds \| 2.5 Baths \| 3417 Sq. Ft.	$1,286,936
223 Western Prome Apartment 1, Portland, ME 4 Beds \| 5 Baths \| 5955 Sq. Ft.	$2,907,389
223 Western Prome Apartment 2, Portland, ME 3 Beds \| 3 Baths \| 3362 Sq. Ft.	$1,849,564
223 Western Prome Apartment 1, Portland, ME 4 Beds \| 5 Baths \| 5955 Sq. Ft.	$2,926,813
197 Pine St Apartment 16, Portland, ME 1 Beds \| 1 Baths \| 826 Sq. Ft.	$424,142

Address	Redfin Estimate
223 Western Prome Apartment 1, Portland, ME 4 Beds \| 5 Baths \| 5955 Sq. Ft.	$2,340,403
223 Western Promenade Apartment 1, Portland, ME 4 Beds \| 5 Baths \| 6259 Sq. Ft.	$2,682,709
120 West St, Portland, ME 16 Beds \| 8 Baths \| 11080 Sq. Ft.	$2,541,889
98 Chadwick St, Portland, ME 3 Beds \| 2 Baths \| 2478 Sq. Ft.	$871,108
223 Western Prome Apartment 3, Portland, ME 2 Beds \| 2.5 Baths \| 3417 Sq. Ft.	$1,970,782
112 West St, Portland, ME 12 Beds \| 8 Baths \| 15110 Sq. Ft.	$2,982,199
197 Pine St Apartment 45, Portland, ME 1 Beds \| 1 Baths \| 677 Sq. Ft.	$450,221

Address	Redfin Estimate
197 Pine St Apartment 21, Portland, ME 1 Beds \| 1 Baths \| 677 Sq. Ft.	$362,931
223 Western Prome Apartment 2, Portland, ME 3 Beds \| 3 Baths \| 3362 Sq. Ft.	$1,410,829
112 West St, Portland, ME 12 Beds \| 8 Baths \| 11080 Sq. Ft.	$2,607,700
104 West St, Portland, ME 5 Beds \| 4.5 Baths \| 5416 Sq. Ft.	$3,148,115
197 Pine St Apartment 53, Portland, ME 2 Beds \| 1 Baths \| 788 Sq. Ft.	$492,163
98 Chadwick St, Portland, ME 3 Beds \| 2 Baths \| 2478 Sq. Ft.	$871,169
197 Pine St Apartment 12, Portland, ME 1 Beds \| 1 Baths \| 677 Sq. Ft.	$397,359

Property information provided by MREIS when last listed in 2022. This data may not match . Learn more.

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