OFF MARKET

Off Market May 2021 for $700K

$859,641

•

2,813

sq ft

29 Payson St, Portland, ME 04102

About this home

Large 2 unit building with private 3rd floor suite, excellent for extended guests or potential AirBNB. Convenient to downtown Portland, USM, Deering Oaks, Farmers Markets and I-295. This building offers ample off-street parking for up to 8 vehicles. All kitchens and bathrooms have been updated on all 3 floors. Including newer windows and metal roof. Beautiful hardwood floors, tall ceilings and bay windows round out this gem of a property. Perfect opportunity to owner occupy in the heart of Portland while having the other units pay your mortgage!

Multi-familyProperty Type

1900Year Built

4,791 sq ftLot Size

$306Est. Price/Sq.Ft.

6 spacesParking

Listed by Nicholas Dambrie • Keller Williams Realty

Contact: 207-553-2400

Bought with Nicholas Dambrie • Keller Williams Realty

Redfin checked: 2 minutes ago

•Source:MREIS #1487716

Redfin Estimate

$859,641

$160K since sold in May 2021$9,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.1% higher than the average sale price ($728K) of 6 comparable homes.

SOLD JUN 26, 2026
$815,000
A
7 beds3 baths3,136 sq ft
33 Payson St, Portland, ME 04102
SOLD JUL 8, 2026
$875,000
B
6 beds2 baths3,120 sq ft
50 Noyes St, Portland, ME 04103
SOLD JUN 24, 2026
$900,000
C
6 beds3 baths2,829 sq ft
28 Saint George St, Portland, ME 04103
SOLD FEB 5, 2026
$600,000
D
6 beds2 baths2,390 sq ft
1542 Congress St, Portland, ME 04102
SOLD AUG 14, 2026
$275,000
E
4 beds2 baths1,926 sq ft
427 Saint John St, Portland, ME 04102
SOLD AUG 21, 2026
$904,150
F
5 beds2 baths2,838 sq ft
169 Longfellow St, Portland, ME 04103

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Earn from this home

Sell

$306,213

Est. take-home

List your home with Redfin and save $8,596

Market trends in 04102, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.1%

+0.2% MoM

Median sale price

$642K

$42K MoM

Avg. days on market

31d

4 days MoM

Recently sold homes

5 MoM

New listings for sale

$325,000
3 beds1.5 baths1,036 sq ft
65 Dougherty Ct #203, Portland, ME 04102
$268,800
1 bed1 bath512 sq ft
65 Dougherty Ct #101, Portland, ME 04102
$619,000
3 beds2 baths1,372 sq ft
56 Four Winds Rd, Portland, ME 04102
See all

Provided by Redfin

Sale history for 29 Payson St

Year

Property tax

Land + Additions

Assessment*

2024

$9,351 (+4.2%)

$91,300 + $531,700

$623,000

2023

$8,977 (+5.9%)

$91,300 + $531,700

$623,000

2022

$8,479 (+21.0%)

$91,300 + $531,700

$623,000

2021

$7,007 (+6.2%)

$91,300 + $448,100

$539,400

2020

$6,599

$85,800 + $197,300

$283,100

2019

$6,599 (+3.7%)

$85,800 + $197,300

$283,100

2018

$6,364 (+3.8%)

$85,800 + $197,300

$283,100

2017

$6,129 (+2.6%)

$85,800 + $197,300

$283,100

2016

$5,976 (+2.3%)

$85,800 + $197,300

$283,100

2015

$5,840 (+3.1%)

$85,800 + $197,300

$283,100

2014

$5,662

$85,800 + $197,300

$283,100

Tax history for 29 Payson St

Year

Property tax

Land + Additions

Assessment*

2024

$9,351 (+4.2%)

$91,300 + $531,700

$623,000

2023

$8,977 (+5.9%)

$91,300 + $531,700

$623,000

2022

$8,479 (+21.0%)

$91,300 + $531,700

$623,000

2021

$7,007 (+6.2%)

$91,300 + $448,100

$539,400

2020

$6,599

$85,800 + $197,300

$283,100

2019

$6,599 (+3.7%)

$85,800 + $197,300

$283,100

2018

$6,364 (+3.8%)

$85,800 + $197,300

$283,100

2017

$6,129 (+2.6%)

$85,800 + $197,300

$283,100

2016

$5,976 (+2.3%)

$85,800 + $197,300

$283,100

2015

$5,840 (+3.1%)

$85,800 + $197,300

$283,100

2014

$5,662

$85,800 + $197,300

$283,100

*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

4,791

Year renovated

—

Sq. Ft.

2,813

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Cumberland County

APN

115661

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Yes

Features

—

Last updated by owner on Jul 4, 2023.

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, Paved, Off Street
Vehicle Storage: 4+ Car

Interior

Bathroom Information
# of Baths (Full): 2

Basement Information
Basement Entry: Interior, Unfinished

Interior Features
Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage
Flooring: Wood, Vinyl

Laundry Information
Laundry Features: 1st Floor Laundry, Upper Level, Main Level

Multi-Unit Information
# of Units Total: 2
# of 3 Bedroom Units: 1
# of 4 Bedroom Units: 1
Operating Expense: $14,429
Gross Income: $61,440

Unit 1 Information
# of Bedrooms: 4
Actual Rent: $2,000
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 3
Actual Rent: $1,920
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Shingle Siding, Wood Frame
Roof: Metal
Total Building Area (Sq. Ft.): 2,813

Exterior Features
Patio & Porch Features: Patio, Porch
Other Structures: Shed(s)

Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 2,813
Levels: Multi-Level
Green Energy Efficient: Ceiling Fans

Lot Information
Lot Size (Sq. Ft.): $4,791.60
Lot Size (Acres): 0.11
Lot Size Source: Public Records
Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
Road Surface Type: Paved
Zoning: R5

Financial

Tax Information
Annual Tax Amount: $6,599
Tax Year: 2020

Utilities

Utility Information
Has Heating
Heating: Hot Water
Has Cooling
Cooling: Central Air
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: 29 Payson Street, Portland, ME 04102
Directions: St John Street to Granite Street to Payson Street. located on the corner of Washburn and Payson.

Public facts

Beds: 7
Baths: 3.0
Sq. Ft.: 2,813
Stories: 2.0
Parking Spaces: 6
Basement: Yes
Accessible: No
Lot Size: 4,791 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Cumberland County
APN: 115661
HOA Dues: —
Garage: Yes
Features: —

Home facts updated by owner on Jul 4, 2023

Around this home

Schools

Howard C Reiche Community School

Public PreK-5 • Assigned • 0.8mi

3/10

Deering High School

Public 9-12 • Assigned • 1.2mi

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

60% 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

$817,000 – $989,000

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New listings for sale in 04102

$325,000

3 beds1.5 baths1,036 sq ft

65 Dougherty Ct #203, Portland, ME 04102

$268,800

1 bed1 bath512 sq ft

65 Dougherty Ct #101, Portland, ME 04102

$619,000

3 beds2 baths1,372 sq ft

56 Four Winds Rd, Portland, ME 04102

Home values near 29 Payson St

Data from public records.

Address	Redfin Estimate
37 Payson Street, Portland, ME 4 Beds \| 3 Baths \| 3348 Sq. Ft.	$702,089
33 Payson Street, Portland, ME 6 Beds \| 3 Baths \| 3136 Sq. Ft.	$853,543

Address	Redfin Estimate
33 Payson Street, Portland, ME 7 Beds \| 3 Baths \| 3136 Sq. Ft.	$809,258
29 Payson Street, Portland, ME 7 Beds \| 3 Baths \| 3178 Sq. Ft.	$883,444

Address	Redfin Estimate
37 Payson Street, Portland, ME 4 Beds \| 3 Baths \| 3348 Sq. Ft.	$821,450
88 Granite Street, Portland, ME 6 Beds \| 3 Baths \| 4052 Sq. Ft.	$741,929

Property information provided by MREIS when last listed in 2021. This data may not show owner updates. Learn more.

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