Currently the best Multi Unit deal in Portland and located in one of the cities most desirable areas! Total Gross income: $64,008/Year - Offering (1) 1 Bedroom, (1) 2 Bedroom and (2) 3 Bedroom apartments. This building is perfect for an owner/user or investor! GROUP SHOWING MONDAY 3/16 FROM 12 - 1 PM - Please call for further details!
*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
6
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Sq. Ft.
2,705
Year built
1900
Style
Multi-Family (5+ Unit)
County
Cumberland County
APN
115471
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
R6
Residential
To set aside areas on the peninsula for housing characterized primarily by multi-family dwellings at a high density providing a wide range of housing for differing types of households; to conserve the existing housing stock and residential character of neighborhoods by controlling the scale and external impacts of professional offices and other nonresidential uses; and to encourage new housing development consistent with the compact lot development pattern typically found on the peninsula.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Bed & breakfast
Lodging & hospitality-Other
Cemetery
Park & open space
Jan 14, 2026 • Final
Commercial/multi family (3+ units) alterations
Remodel
Apr 21, 2022 • Final
Plumbing
Repair and replace copper and PEX piping.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: No Driveway, Off Site
Interior
Virtual Tour
Bathroom Information
# of Baths (Full): 4
Basement Information
Basement Entry: Walk-Out Access, Full, Exterior Only
Interior Features
Interior Features: Storage
Accessibility Features: Level Entry
Flooring: Vinyl, Carpet
Other Equipment: Cable
Laundry Information
Laundry Features: Coin Laundry
Multi-Unit Information
# of Units Total: 4
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 1
# of 3 Bedroom Units: 2
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,300
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 3
Actual Rent: $1,400
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 3
Actual Rent: $1,875
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 1
Actual Rent: $750
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Basement
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter, Brick/Mortar
Roof: Shingle
Total Building Area (Sq. Ft.): 3,705
Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 3,705
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $2,613.60
Lot Size (Acres): 0.06
Lot Size Source: Public Records
Lot Features: Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Shopping Mall, Near Public Transit, Near Railroad
Road Surface Type: Paved
Zoning: R6
Financial
Tax Information
Annual Tax Amount: $6,709
Tax Year: 2019
Utilities
Utility Information
Has Heating
Heating: Steam, Radiator, Radiant
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities On: No
Water Source: Public
Water Heater: Gas, Tank
Location
HOA Information
Pets Allowed: No Restrictions
Location Information
Unparsed Address: 247 Valley Street, Portland, ME 04102
Directions: Congress St to Valley St
Public facts
Beds: 6
Baths: 4.0
Sq. Ft.: 2,705
Stories: 2.0
Lot Size: 3,049 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Cumberland County
APN: 115471
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Howard C Reiche Community School
Public PreK-5 • Assigned • 0.6mi
3/10
Deering High School
Public 9-12 • Assigned • 1.6mi
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
62% 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)
30
17
33
16
44
29
53
37
63
48
75
58
80
64
78
59
72
54
61
44
50
34
35
21
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.